Charities with HSBC accounts face a host of new charges from November after the bank announced it will charge a £60 a year fee just to keep the accounts open.
The bank has also introduced charges for branch transactions including a 0.4 per cent fee to pay in and withdraw cash, a charge of £4 on a £1,000 donation, and a fee of 40p to deposit a cheque.
www.thirdsector.co.uk/hsbc-introduce-new-charges-charity-accounts/finance/article/1725812