HSBC Asked for a Nominated Bank Account is that a Good Sign?

July 9, 2020 Twitter Vault

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Hi. First of all I think you are doing great job to try to help people.

I would like to ask your advice. I applied for HSBC Feeder Acc. a week ago, application was stuck on “PRE-APPROVAL – processing” today when I logged in it was asking for my nominated account where the money should be transferred IF my application will be successful.

Is that a good sign that at least they asked for nominated acc. details?

Oh, I forgot to mention, after the application they were asking me for proof of ID and address, I went to the branch to sort that out.

I look forward hearing from you. Thank you in advance.

Note: Yes, they need a nominated account as that is where the feeder account instantly fires the money to when it is processed! However, HSBC can and have been declining people for a feeder account at different stages of the application.