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Check 21 Works To Benefit Banks, Not Customers

BOSTON — The Association for Work Process Improvement honored HSBC Bank USA as the winner of its Remittance Processing Council’s first annual excellence award. The award will be presented in Chicago next month. According to a news release, the bank was selected because of its innovative approach to lockbox integration of Check 21, image-exchange […]

Compass Bank Takes A Page From Household International

A woman reported a recent experience with Compass Bank in Alabama. Normally Household - HSBC Watch does not publish information unless it pertains to HSBC, theri personnel, or former executives. In this case, however, it appears as though Compass Bank took an idea from predatory lender Household International. Regarding high fees and […]

HSBC Plastic Promotions at Odds

One report from HSBC in England said recently that HSBC introduced a new credit card to help customers keep their balances down. Meanwhile a report from Mumbai India said HSBC and other banks in the US, UK, and India are offering promotions to get customers to use their credit cards during the lean season […]




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