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HSBC New Charges for Charity Accounts

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Charities with HSBC accounts face a host of new charges from November after the bank announced it will charge a £60 a year fee just to keep the accounts open.  

The bank has also introduced charges for branch transactions including a 0.4 per cent fee to pay in and withdraw cash, a charge of £4 on a £1,000 donation, and a fee of 40p to deposit a cheque.

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