To close its HSBC business account a firm or an entrepreneur should fill in the HSBC account closure form on the bank's website and bring it to the branch.
Before closing an account, you should make sure:
- all sections of the HSBC closure form are complete and the form is signed by all your authorized signatories
- all debit corporate cards and checkbooks are cut and brought to the branch
- you repaid all loans and overdrafts from HSBC
- all balances will be balanced to another account. Banking fees can be applied
Read also:
- How do I activate my security device to get access to HSBC online banking?
- How many times may a failed HSBC secure key be entered before it is locked
- How much does bankers draft cost in HSBC?
- What are HSBC BACS payments?
- What does HSBC business insurance cover?
- What should I do if my HSBC business banking app is not working?
- Where can a company change its business address in HSBC?
- HSBC switch business account
