HSBC a good choice for Mumbai?

#1 Jun 17th, 2014, 19:51
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  • rsandrade is offline
#1
Hi all,

I'm moving from the UK to Mumbai in about a month. HSBC, my current local bank, offered to open an account for me in India in advance. Would it be a good choice of bank? I'll probably spend the next three years in Mumbai, but keep receiving my salary abroad.

Many thanks
#2 Jun 17th, 2014, 21:14
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  • ViShVa is offline
#2
Banks are like airlines. All much of a muchness. If HSBC works for you in the UK it will in Desiland (India) too. There are ATMs and branches all over the place.

You will probably be eligible for a HSBC Premium Account and be allocated your own personal banker (who will try to sell you all kinds of junk) so enjoy their services.

Welcome to IndiaMike
#3 Mar 3rd, 2015, 02:18
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  • njay22 is offline
#3
Hsbc are amazing, especially if you are a premier customer. They bend over backwards to help you and their online portal makes it super simple to view all your hsbc accounts all over the world and transfer money between countries
#4 Mar 3rd, 2015, 03:27
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  • nycank is offline
#4
Quote:
Originally Posted by ViShVa View Post Banks are like airlines. All much of a muchness.



////// and be allocated your own personal banker
You are too kind It reminds me few eons ago; a falang, sobbing in his warm beer at one of the bars in the newly opened Suvrnabhoomi Airport !!!

"I thought she cared for me ! I even sent her money monthly... She promised not to dance anymore "

Personal bankers are like that only
#5 Mar 5th, 2015, 08:43
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  • ViShVa is offline
#5
And I thought they really really cared. I gave them Rs.500,000/- (5 lakhs/5000) and my personal banker told me they (his bank) would look after it. I got back Rs.50,000/- (1/2 lakh/500) and when I complained they told me the bugger had been sacked for mis-selling! Go figure!

But they do really care! They are your personal bankers, after all. I never had one before! I must have been special! I must have been important! (Before I got broke).

I coulda' had class, I could have been a contender, I could have been somebody, instead of a bum!

#6 Mar 5th, 2015, 09:03
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  • Govindpuri is offline
#6
Quote:
Originally Posted by ViShVa View Post And I thought they really really cared. I gave them Rs.500,000/- (5 lakhs/5000) and my personal banker told me they (his bank) would look after it. I got back Rs.50,000/- (1/2 lakh/500) and when I complained they told me the bugger had been sacked for mis-selling! Go figure!
Did you get any compensation for poor advise?
#7 Mar 5th, 2015, 09:15
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  • ViShVa is offline
#7
I am such a easy going chappie I haven't bothered going there.

I had two meetings last year with my current CRM (Customer Relationship Manager) who said I could and should, but she could not guarantee the results and that I could appeal to the banking/insurance Ombudsman; but anyway, I've put it down to my own stupidity and not had the inclination to pursue it.

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