HSBC Telephone Banking Contact Number0843 658 0827
The HSBC telephone banking contact number can help you easily manage your finances from the comfort of your own home.
Reasons to call the contact number For HSBC Telephone Banking:
- To make payments
- To check your balance
- To transfer money
What Services Can I Access If I Contact Telephone Banking At HSBC?
HSBC telephone banking is an automated service. It allows account holders to do a range of things without going into a branch. These include: making payments such as paying bills; obtaining details of your recent transactions; check your balance and transfer money between accounts. In order to access these services over the phone, you must already have a HSBC account.
When you contact HSBC for banking services, you can make payments into other accounts too. If you are worried about transferring large amounts of money to an automated voice, fear not, as you can speak to a UK based member of staff who will personally oversee your transaction. The non-automated telephone banking line is open from 8am until 10pm everyday, so you can call when its convenient for you, and the automated service is open 24 hours a day. To set up telephone banking, you must create a security number. When you call, you enter your account details, date of birth and digits from your security number.
HSBC Holdings is a British retail bank founded in 1865. It began in Hongkong and Shanghai, which is where the H and the S in its name derives from. It operates in 85 countries, with its headquarters in London’s Canary Wharf, and has just over 260,000 employees. HSBC is the second largest company on the London Stock Exchange.
July 22nd 2014
The bank HSBC has announced that it will be closing a further 19 branches between July and September as a result of falling demand for high street services in the age of online banking. The closures follow the news that Barclays is planning to axe 24 branches before September- bringing closures this year to 53. The Royal Bank of Scotland are closing 100 branches, 73 of which are Natwest.
HSBC, known as ‘the world’s local bank’ has been the most aggressive among major high street banks in cutting its branches- over the last 10 years, it has accounted for 20% of branch closures. In this year alone, HSBC has already closed 27 branches.
The Campaign for Community Banking has said that there is now ‘no floor’ to the amount of branches that could disappear from the High Street. The campaign believes that all communities should be able to access at least one high street bank and it has long argued that banks should come together and share branches. However, so far this idea has been ignored due to a fear of a lack of competitive market.
HSBC has spoken about the future of its bank network, saying:
” Our branches are an important way for our customers to bank with us, especially for their more complex financial needs. So we have spent more than £100 million in recent years upgrading and improving our network. Our customers habits are changing, they are increasingly using the convenience of the internet, smart phone or telephone banking for their day to day needs.”
The bank went on to say that, like other banks, the amount of footfall in branches has decreased by 30% in the last four years. They said that the decision to close branches was not ‘taken lightly’ but it was for the best on this occasion, as the statistics could not be ignored.
July 24th, 2014
Levels of manufacturing in Beijing reached an 18 month high in July- a sign that the area’s efforts to stimulate the economy once more are having an impact. The data, provided by HSBC Holdings Plc. showed that the manufacturing Purchasing Managers’ Index rose in July from 50.7 to 52. It was the second month that it had been over 50.
According to economists, the figure was strong and proved that the Government’s efforts to speed up investments and ease monetary policy was working. A banking insider said:
“The strong flash PMI points to the robust growth momentum in the world’s second largest economy due to the Government’s stimulus measures.”
The effect wasn’t only apparent in Beijing. Hong Kong stocks rose modestly to hit their highest level in three years. The trading level in Shanghai was higher after the data was released.
The data improvement was a result of new government policies designed to stimulate the slowing Chinese economy. The country has refrained from using hardcore stimulus measures like those in the global financial crisis of 2008 and 2009. Instead, it has rolled out several smaller policies including cutting the amount of cash that banks must hold in reserve to encourage more lending. The country also began offering tax breaks for small firms. This lifted small businesses, as the data is aimed towards this type of company.
In addition to the rise of businesses in China, it has been suggested that better demand for Chinese goods from abroad as the economic climates of the USA and Europe also strengthen will help to lift the Chinese economy. However, it has been said that the Government’s supportive economic policies need to continue as the recovery may remain fragile for a while.
April 28th 2014
The HSBC tower in London is one of the most recognisable buildings in the city’s skyline. It’s the largest and most expensive office building in the British capital. However, HSBC have recently put the office up for sale and could sell it for a record-breaking price of £1.1 billion.
The HSBC tower is located in Canary Wharf and is 44 stories tall and covers 1.1 million square feet. It is going to be marketed by the estate agents JLL and GM Real Estate according to sources close to the sale. However, the companies could not be reached for comment on the transaction.
The HSBC tower was originally sold to the bank at the height of the British property boom in 2007. It became the most expensive building in London having sold for 1.09 billion pounds. The figure is expected to slightly increase after this sale.
The Financial Times are reporting that HSBC had a 13 year lease on the building. The bank is also committed to annual upwards-only inflation-linked rent reviews. This means that investors seeking a hedge against inflation would likely be very attracted by the building.
HSBC is a multinational banking and financial services company that has been operating in London since 1991. Its origins lie in Hong Kong and Shanghai, hence the company’s name Hongkong And Shanghai Banking Corporation.
Number Direct is a telephone directory and call routing service and is not connected to HSBC Telephone Banking. The direct contact number for HSBC Telephone Banking can be found in the public domain or on their official website.