Author Topic: BANK CLOSED AND TRANSERED MY FUNDS!  (Read 1405 times)

Offline Miracle

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BANK CLOSED AND TRANSERED MY FUNDS!
« on: July 29, 2022, 07:45:04 AM »
Hi,

I had HSBC and they recently closed down and transferred all my bank accounts to a bank called Citizens.

1) Never heard of Citizens. Is it a good bank?  (I live in Israel.)
2) Should I take everything out and open a new bank account with a better bank? Are there better banks ?

thanks

Offline smart man

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Re: BANK CLOSED AND TRANSERED MY FUNDS!
« Reply #1 on: July 29, 2022, 09:38:08 AM »
Hi,

I had HSBC and they recently closed down and transferred all my bank accounts to a bank called Citizens.

1) Never heard of Citizens. Is it a good bank?  (I live in Israel.)
2) Should I take everything out and open a new bank account with a better bank? Are there better banks ?

thanks
Citizens is a perfectly fine bank. They’re merging with Investors bank, which is also a great bank. No need to worry about your money. Though if you need different benefits that a different bank can give then go ahead. But no need to give it an ounce of worry here!

Offline dealmaster

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Re: BANK CLOSED AND TRANSERED MY FUNDS!
« Reply #2 on: July 29, 2022, 07:00:33 PM »
Hi,

I had HSBC and they recently closed down and transferred all my bank accounts to a bank called Citizens.

1) Never heard of Citizens. Is it a good bank?  (I live in Israel.)
2) Should I take everything out and open a new bank account with a better bank? Are there better banks ?

thanks
I don’t have any checking/savings/investment accounts with Citizens, but I do have their cc and in all my dealings with them I have found them to be a perfectly trustworthy and customer service friendly bank.
"THE ONLY EASY DAY WAS YESTERDAY"-US NAVY SEALS-something any growing person will always bear in mindוהוי לומד מכל אדם

Offline theyankel

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Re: BANK CLOSED AND TRANSERED MY FUNDS!
« Reply #3 on: August 01, 2022, 12:19:55 PM »
Hi,

I had HSBC and they recently closed down and transferred all my bank accounts to a bank called Citizens.

1) Never heard of Citizens. Is it a good bank?  (I live in Israel.)
2) Should I take everything out and open a new bank account with a better bank? Are there better banks ?

thanks
hsbc sold a lot of their accounts including banking mortgages and cc
i have a hsbc cc and i got a letter it was being transferred too (not to citizens)