HSBC not interested in small businesses in Canada

Interesting.  I’ve been an HSBC business customer for 10 years, and was surprised to find out that they are no longer interested in small businesses in Canada.  Their new focus, I was told on the phone, is international businesses with sales over 3 million dollars.

So, while they’ve graciously ‘grandfathered’ my business account, I can’t start any new services with them.  I had called to open a US chequeing account, because – hmmm – my business is doing well and I am hiring the occasional US consultant.

Truth be told I’ve been very happy with them as a bank – my local branch is terrific.  I guess it’s time to go shopping for someone who is more interested in my business.  If you’ve got any favourites, let me know in the comments.

 

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