What are trial deposits? How do I verify them?
Trial deposits are simply test deposits we make into the account you are using to fund your new HSBC Direct account. It’s a way for us to verify that you’re the account owner. We start by making two small deposits to that account, usually for less than $1.00 each. To verify your trial deposits: • Look for an e-mail from HSBC Direct within three business days of submitting your application, notifying you that we’ve made the trial deposits to your account. • Check the values of the two deposits either online or by calling the bank where you have your funding account. • Information about any loans or mortgages that you may have to help us confirm your identity. • Confirm your deposits at HSBCDirect.com. Choose “Resume Application,” then “I would like to sign in to an existing application.” Follow the instructions to confirm your deposits. • Enter the amounts carefully. You’ll have three chances to do so correctly. After that, you’ll need to fund your account by mailing a check.
