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Charges for HSBC Clubs and Community Bank Account holders

EDM (Early Day Motion) 465: tabled on 21 September 2021

Tabled in the 2021-22 session.

This motion has been signed by 12 Members. It has not yet had any amendments submitted.

Motion text

That this House is concerned by HSBC’s decision to unilaterally move HSBC Clubs and Community Bank Account holders to the bank’s new Charitable Bank Account which charges £60 annually; notes that the Bank is imposing criteria which may move Clubs and Community Bank Account holders to other fee-charging accounts; is dismayed that the new Charitable Bank Account will also charge customers to deposit cash at a bank branch or Post Offices and when customers withdraw funds; and calls on the Government to encourage HSBC to reverse its decision.