HSBC North America Holdings Inc. Money Transfers Complaint

Domestic (US) money transfer Money was not available when promised

HSBC North America Holdings Inc. Money transfers department,

Domestic (US) money transfer Money was not available when promised New York

On -/-/2016 I requested a wire transfer of $22000.00 from my personal checking at HSBC account to a domestic non profit checking account at - belonging to a foundation that was managing a pleasure trip to - that I was taking. The transfer was processed via internet and all requested information was given. The funds were withdrawn from my account immediately, a fee was charged and the transfer confirmation said the funds would be available by - -. I was surprised by the length of time the transfer would take so I spoke to a customer person on -/-/- who said without doubt the funds would be received before -/-/-, probably by -/-/-. There was no mention that there was a problem with this transaction. On -/-/- - had not received my wire transfer. Also on that date I received a call from - - - from HSBC, VP Premier Relationship manager, who informed me that the funds would not be transferred until an - license # was provided due to the mention of - ( I explained to him it was a touristic trip, not business ) and that the funds were on hold until the license # was


and despite many emails and unanswered phone calls ( 25 to 30 ) to - - with many messages left stating the urgency of - receiving the money ( to pay for my trip which was on -/-/- ). Due to - - 's lack of responsiveness and lack of professionalism, I had to find under great stress another means to cover my trip. Since then I have tried to get the funds ( which are still on hold ) returned to me along with the fees I paid. On -/-/- while Ii was out of town - - who finally answered his phone told my bookkeeper ( who I had told - - was authorized to speak on my behalf to resolve this matter ) that in order to do this I must call a service representative at -. I did, I was transferred several times and placed on hold for 45 minutes. The agent who I finally spoke to referred me back to - - an said it was - - 's responsibility to execute the process for this. - - was called back and left this info in a message and he was asked to call me back ASAP and he has not returned the call. It has now been a week since this message was left and - weeks since the transfer originated and I have not received my funds back into my account! I have had no notification in writing or paperwork informing me that my funds were being held, the reason and length of time they would be on hold or how to proceed to get the funds returned to my account. For this reason I went on -/-/- to HSBC in person and they told me they would get back to me. The HSBC failure of performance, care and professionalism after over twenty five years of a banking relationship has caused me enormous financial problems to say nothing of the great - surrounding this matter. I need your help to resolve this matter. Many thanks.

HSBC North America Holdings Inc. customer in New York
Nov 22, 2016

* Source: CFPB Complaint Database

HSBC North America Holdings Inc. response to complaint:
Closed with non-monetary relief

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