What is a Feeder Account for a Bounce Back Loan?

I applied to HSBC 4 weeks ago, their my bank and have been for 20 years but my credit rating is poor! I’m so worried. What are the feeder accounts?

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Argh ok. I’m not sure what to do, I applied with HSBC but still not heard a thing was so tempted to open a feeder account with a different bank. What do u think?

What do u think the chances are of HSBC accepting me as a current customer for 20 years etc? I’ve emailed the addresses you sent and only had one response to say their working on my application even though it was 4 weeks ago!

I’ve emailed all of them lol! Maybe it’s worth another email? Who’s the best person to email in your opinion!

Hahaha well fingers crossed!! I saw something on here last night on your feed that someone had got turned down and I started to panic! X

Note: A feeder account is simply a disposable bank account that you can apply for and once opened you can apply for a BBL once applied the money is fed through the feeder account into any other account you have selected then the feeder account closes.