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I'd be careful of HSBC, they have instigated a global policy of not doing business with adult-related companies - web sites, dvd publishers, etc. They are not taking new clients and are insisting existing clients move to other banks.
I suggest you start looking for a new bank , Joe, since it is only a matter of time before you are asked to move.
We're with LloydsTSB. We explained our business and they were not concerned beyond the usual "is it legal?". USD cheque negotiation is at pretty good rates (for a business account). Around £8 per batch under $10k roughly, I think.
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