Banks for Corporate Accounts - who do you recommend? | ExpatWoman.com
 

Banks for Corporate Accounts - who do you recommend?

386
Posts
EW EXPLORER
Latest post on 11 April 2011 - 11:54

We are looking to change banks, as not pleased with our current institution (HSBC). We need a bank that provides a fairly painless system for paying salaries via wire transfer, provides a dedicated client rep, etc.

We have had recommendations of Standard Chartered Bank and RBS - any comments on these or other institutions from those who have corporate accounts would be greatly appreciated! TIA

456
Posts
EW EXPLORER
Latest post on 11 April 2011 - 12:00
RBS - not recommended. We banked with them for 4 years and recently left them as customer service has gone downhill. I think they have been distracted by internal issues. We bank with Deutschbank and HSBC. DB are excellent for true CORPORATE banking - LCs, forex, great online banking system. If you are a multinational they would be my first pick. If your company is more UAE focused - then HSBC are pretty good but not wow. Good online banking, cash collection service, WPS help etc Hope this helps
68
Posts
EW NEWBIE
Latest post on 11 April 2011 - 11:58
We are using Emirates NBD and the customer service is really poor. When everything's working it's good, but as soon as you have a problem, you can't rely on them to help you...
280
Posts
EW NEWBIE
Latest post on 11 April 2011 - 11:56
RBS is now ADCB here. So make sure you get a recommendation for that one.
270
Posts
EW NEWBIE
Latest post on 11 April 2011 - 11:56
HSBC sucks very much and all the time. It is seriously awful! I am also keen in changing bank so looking forward to read your recommendations. Thanks
 
 

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