HSBC Bank Hanson Place Branch
122 Flatbush Avenue, Brooklyn, NY 11217
Boerum Hill LocationGet Directions
HSBC Bank Branch Customer Reviews
KReviewed By korgy Nov 10, 2013
i had 8 different small business accounts with HSBC for many years. it started with only a few, and they encouraged me to open more. like many people, i recently was informed they are closing my small business accounts. no explanation. i moved most of my money to Chase, who was very welcoming.
after a little googling, i learned that HSBC was hut with close to a $2 billion fine for allowing money laundering last, mostly Latin drug cartels. apparently they weren't monitoring their accounts closely enough. this explains why they are simply pulling out of the 'small business" business.
the way in which they did this stunt -- closing hundreds of thousands (millions?) of small biz accounts is unbelievable. they just sent everybody letters saying after Nov 8th, your accounts will be closed. they give an 800 number, but it is useless in terms of understanding.
frankly, i was always happy with HSBC -- i liked them because they are all over the world including Asian. nothing like going to an HSBC ATM in Istanbul to get direct access to your account.
now i get it though.Thank you for your feedback Is this review helpful?