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You're browsing: Complaints » General Issues, Panama Issues » Article Title: England or Panama - HSBC Credit Card Statement Late
An international HSBC customer says:  “I have been a customer of HSBC in England and Panama. In England they were no worse than any other bank just OK in my book but no great shakes. In Panama they are a disaster. They took two months to open my account by which time I had transferred my money to another bank. They “approved” my mortgage two years ago, I am still waiting. I paid $850 worth of electricity bills on the internet which vanished into cyberspace and over a year later I am still waiting to get my money back. They never send my credit card bill on time and charge $25 if I pay late.”

Editor’s Note:  Not sending credit card bills on time is evidence of HSBC’s exportation of what they call their “Household Model” - named after predatory lender Household International, acquired by HSBC in 2002-2003.  Complaints of late HSBC credit card bills are common in the United States.  Here is the full text of the article referenced above.

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2 Responses
  1. Pijush Guha says:

    Every month i recieve very late statement of bill so i face much difficulty to pay the bill amount within the stipulated date if such service continues i shall think for alternative action

  2. Pijush Guha says:

    i am a hsbc credit card customer every month i recieve the bill statement very late and i face much difficulty to make payment with in stipulated date if this continues i shall opt for alternative

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