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HSBC Business Banking
4.2(8,247 reviews)
FSCS ProtectedGlobal NetworkRelationship Manager
Overview
HSBC offers extensive business banking services with a strong international presence across 64 countries. Ideal for businesses with global operations requiring multi-currency accounts and international payment solutions.
Banking Features
business Account
personal Account
savings Account
current Account
multi Currency
overdraft Facility
business Loans
credit Cards
debit Cards
mobile App
online Banking
branch Network
atm Network
phone Support
relationship Manager
Pros
- Extensive global network
- Multi-currency accounts
- Dedicated relationship managers
- Strong mobile banking app
- Comprehensive business services
Cons
- Higher fees than digital banks
- Lengthy account opening process
- Complex fee structure
- Branch network declining
Best For
International businesses
Companies with global operations
Businesses needing relationship banking
Multi-currency requirements
FSCS Protected • FCA & PRA Regulated
Fees
monthly Fee
£5.50
transaction Fees
40p per transaction after 20 free
cash Withdrawal Fee
Free at HSBC ATMs
international Transfer Fee
£4-£20
overdraft Rate
6.9% - 9.9% APR
atm Fee
£1.50 at other banks
Interest Rates
savings Rate
1.5% - 2.5% AER
business Savings Rate
1.8% - 3.0% AER
overdraft Rate
6.9% - 9.9% APR
loan Rate
5.5% - 12% APR
Regulation
Regulators
FCAPRA
Deposit Protection
FSCS Protected
Protection Limit
£85,000 per person
Services
Branch Count
620
ATM Network
2800
Support Hours
24/7 phone support
Account Opening
1-2 weeks
Ratings Breakdown
service
4.1
fees
3.8
app
4.3
reliability
4.5