I have heard many stories from people where HSBC closed the bank account of their clients and even tried to sell them investment plans before the closure of the account.
- HSBC closed your bank account
- HSBC kind of blackmailed you that you might lose your bank account if you do not purchase an investment plan
- HSBC sold you an investment plan in exchange of openning you a bank account
-HSBC closed your bank account and Hang Seng Bank did the same within 2 months after HSBC did it.
If you met one of this case, could you please share your experience?
There is a Hong Kong government body called HKMA, you can report all you bad experience, HKMA is the regulator of banks in HK.
Your experience is valuable and can contribute to help correcting the bad practises of the biggest banks.