Liberty has never come from the government. Liberty has always come from the subjects of government. The history of liberty is the history of resistance. The history of liberty is a history of the limitation of governmental power, not the increase of it --Woodrow Wilson

Monday, February 20, 2006

HSBC The Worlds Local Bank

So this is a more personal blog, not that there are no things happening in the world with Hamas taking power, Israel cutting funding, US requesting to beef up in Darfur (imagine, there is not even oil there). But simply just because I feel like it.

I am currently in New Zeeland on a project and I am trying to pay a credit card bill.
To understand it is essential that one understands how internet banking is setup in Hong Kong where I live. You can't pay any bills you want online, they have to be in a list that HSBC maintains, also if you want to pay to any other account online you have to first send in a paper to HSBC in which you tell who , how much and why, and then sign it. After that you can pay to the other account if you want but it takes a week.

There is a company in Hong Kong that has setup Internet payments, you just go to one of their terminals, swipe your card and you get a username and password to pay your online bills in, easy.

I have a credit card, I can't pay it off from HSBC since the card is issued by another bank, this bank sadly has no branch in New Zeeland so I was hoping to pay it from my pphk account. Sadly I have lost my username to said account and now it turns out I have to go to one of their terminals, swipe my card and request a new username. I am in New Zeeland for five weeks, no branch, HSBC won't let me pay trough their branch so I am basically screwed.

Two large international banks that doesn't offer any way to pay bills outside of the issuing country. Local bank sure, Global business? Noway!

Sincerely
Mr Silence Dogood

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