Day to day banking
Current account
Our current account is designed for all your day-to-day banking needs. Available in Sterling and most major currencies, it can be arranged with a secured or unsecured overdraft.
With the Current Account Switch Service, transferring your account to Hampden & Co is quick and simple.
Making Payments
Contactless MasterCard debit and charge cards are available for making purchases in person or online, at home or abroad. We can offer a cheque book for those clients who value the convenience it provides.
We also provide clients with competitive rates for exchanging foreign currency and making international payments.
Overdrafts
Overdrafts are available for clients wishing to borrow money on a flexible basis, typically over the short-term. We offer unsecured overdrafts for borrowing smaller sums. For larger sums, security is required typically against property. Overdrafts are not generally suitable for longer-term borrowing and all arrangements are reviewed on an annual basis to ensure they are still appropriate.
This is a borrowing limit on a current account agreed in advance with a banker, so it is available when needed. An arrangement fee for the setup of the overdraft will be agreed in advance and overdraft interest is due on the amount borrowed. The overdraft is repayable on demand, which means you could be asked to repay the outstanding balance at any time, although we will normally give advance notice.
This is borrowing which has not been agreed in advance. If a payment is requested and there is no money left in the account, or an Arranged Overdraft limit is exceeded, we may refuse to make the payment. An ‘Unpaid Item Fee’ may be charged.
An overdraft may affect your credit record. Clients can request the reduction or removal of an overdraft limit at any time by contacting their banker.
