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Clarification

Business Account

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Hello,

On the HSBC Business Account (Purpose of Account) it mentions:

1) Holding funds to be invested in the UK

2) Holding funds to be invested abroad

Are holding funds mean like this: Bonds, stocks, private equity, hedge funds, pension funds, options, portfolio, mutual funds, futures, real estate, savings, personal funds, assets, shares. Is it any funds?

The business account is for a private imited company.

Thank you

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By memyself-eye
21st Apr 2021 20:03

Many holding funds are mean.....

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By paul.benny
22nd Apr 2021 13:44

I think 'funds' probably means money in this context.

I would ask the bank, though. It's their document.

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