Learn about our current accounts today. Terms and conditions apply. Formally-arranged borrowing can be either by an overdraft on your current account, a separate loan or some other way which works for you and we both agree. Close We know some of you might have queries about how your finances may be affected by COVID-19 and we’re here to ensure you have the help and support you need. If you go over your arranged overdraft limit, you’ll be charged interest at 39.9% EAR variable on any amount over the limit, up to a maximum of £20 a month. 'I'm Australian - why do I need to prove my loyalty? French Bank Charges. Account Opening Offer. 3 If charge type "All charges to be paid from my account" is selected, the correspondent bank will not deduct any of its charges from the remittance amount and there will be no money transfer charges by HSBC U.A.E. Please note that there will be no service charge levied on senior citizen accounts in case the eligibility criteria is not met. Keep up to date with our latest rates here. HSBC says it could charge for current accounts. The Eligibility criteria for HSBC Savings or Current Account is to be maintained as per the mode of operation of the account. Despite the tough environment, HSBC chief executive Noel Quinn said there were some bright spots. Compare current accounts from a selection of HSBC bank accounts. The bank has also faced recent criticism from the US Secretary of State Mike Pompeo for supporting China's controversial security legislation in Hong Kong. Simply write out a cheque and mail it at your convenience. Premier Junior Saving Accounts 15. To read PDF files you'll need to have Acrobat Reader 8.0™ or above. The HSBC Currency Account is an easy-to-manage currency holding account, with no monthly account fee. Share page. About sharing. With a current account, you won't need to rush around to pay your bills. The bank said it was losing money on a "large number" of such accounts. Talk to us directly through our chat channels. Contact me Contact me to apply for HSBC Current Account This link will open in a new window You can also call your Relationship Manager directly, or contact us through our Phone Banking hotline at: 1800 - HSBC NOW (4722 669) Of the 58 standard current accounts available to British customers, some 15 currently have a charge. Foreign Currency Our Basic Bank Account gives you just the essentials needed for day-to-day banking. It only takes minutes to open a savings account, current account or fixed deposit account online. HSBC Personal Banking Terms and Conditions and Charges – effective from 14 March 2020 (PDF, 3.58MB), HSBC Personal Banking Terms and Conditions and Charges – effective from 14 March 2020 (PDF, 3.58MB) Download, Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, View our service status to see how we're doing, Careers, media, investor and corporate information. Our online account opening service is currently unavailable. Basic Current Account 1. Business Accounts 2. Account charges Account opening fees are waived for HSBC Jade clients and Premier customers. It said it was considering charging for products such as current accounts, which are free to UK customers. In order to improve the quality of our service, we inform you that our online account opening service is unavailable from Saturday 9th 3:00pm to Sunday 10th 8:30am (French time). HSBC offers range of bank accounts services: savings, current and time deposit accounts to meet customer needs in Singapore. Along with other banks, it has seen earnings hit amid an environment of rock bottom interest rates, and so is now considering other ways of boosting revenues. Pay money in and out whenever you like, send money in multiple currencies and receive a free debit card with an HSBC Current Account. VideoThe train carriage for stray pets, 'We welcomed the Brexit deal like a Christmas present', India's love affair with classic British motorbikes. The BBC is not responsible for the content of external sites. BBC Future: Are there health benefits to going vegan? All rights reserved. VideoWhat's in store for US President-elect Biden in 2021? We offer a range of accounts to suit your individual needs. HSBC offers range of bank accounts: integrated account, savings, current account and more to meet customer needs in Hong Kong. Very few banks charge for standard bank accounts, but experts say this could change if the UK falls into negative interest rates due to the pandemic. 3.3. If you are accessing this website using screen reading technology that cannot read PDF files, a converter is available at Access Adobe. We thank you for your understanding. You can choose from 14 major currencies and open a separate account for each one to store, send and receive money. If you do not have a Relationship Manager, you will need a Sterling Business Account (current or savings) before you can open an international instant access savings account. Please visit www.hsbc.co.in for details of the HSBC account Service Charges. Get all the information about how you can apply and what you will need inside. Apply for a Bank Account online today! HSBC reported a 35% fall in pre-tax profit during the third quarter of the year to $3.1bn (£2.3bn), while revenues fell 11%. Personal Banking with HSBC: Compare different types of bank accounts and find the best account that suits your needs. Foreign Currency Accounts 2. Tariff and charges for HSBC products and services Issued by HSBC Malaysia Berhad (Company No. What we’ll need from you. It is the first time this has happened in his presidency, just days before he leaves. Iran to boost uranium enrichment to 20%, UN says, Bodycam shows Minneapolis police shooting. Current accounts with banks and building societies in the UK have the protection of the Financial Services Compensation Scheme (FSCS). Published. HSBC Savings/Current Account Tariff Schedule (Please note that basis Goods and Services Tax (GST) regulations and notified GST rates, Central GST, State/Union Territory GST, or Inter-State GST, as applicable, and Cess as applicable would apply on our fees and charges) Not only do we offer free banking for 18 months (when you open a new Business Current Account, and 12 months when you switch), we’ll then also give you a fixed price of £5.50 per month for the following 12 months, so you know exactly what to expect. We have International Banking Centres in the following countries/regions: Making payments has never been so simple. Are you interested in opening an account with HSBC? Earn 2% cashback on tap and pay under $100. We think most of you will have this but if you don't, it's free and can be downloaded from Adobe UK. Integrated Account ^^ customer. Open a bank account online today. image copyright Getty Images. Bonus interest on savings However, it now says its expenses are likely to be at the lower end of that range. Video. Premier Account 14. It’s easy to get in touch online. Information on pricing and charges can be found in: for: Amanah Bank Account, Appointee Bank Account, Bank Account, Bank Account Pay Monthly, Basic Bank Account, Current Account, Graduate Bank Account, Home Management Account, HSBC Advance Bank Account, HSBC Currency Account, HSBC Save and Borrow, HSBC Premier Bank Account, MyMoney and HSBC Premier Family, Student Bank Account, Fixed Rate Saver Bond ("Fixed Rate Saver"), Flexible Saver, Future Saver for Children, HSBC Premier Savings Account, Instant Access Savings, Online Saver, Regular Saver and Young Saver. 1 HSBC will charge a cross currency conversion markup of 3.5% (Service Tax extra) on all international transactions (ATM and Point of Sale) using the HSBC Advance Platinum Debit Card. .css-q4by3k-IconContainer{display:none;height:1em;width:1em;vertical-align:-0.125em;margin-right:0.25em;}playWhat's in store for US President-elect Biden in 2021? Download the Bank Tariff guide to see current Fees & Charges (Effective 1 Nov 2020) Bank tariff guide for HSBC Wealth and Personal Banking Customers [PDF] That would see the Bank of England take interest rates below zero to help boost consumer spending and revive the economy. A spokesman later told the BBC it was committed to continuing to provide free "basic bank accounts" in the UK . .css-orcmk8-HeadlineContainer{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:justify;-webkit-justify-content:space-between;-ms-flex-pack:justify;justify-content:space-between;}US Congress overrides Trump defence spending bill veto.css-1dedj2h-Rank{-webkit-align-self:center;-ms-flex-item-align:center;align-self:center;color:#B80000;margin-left:3.125rem;}1, Covid-19: New variant 'raises R number by up to 0.7'2, First Minneapolis police death since George Floyd captured on bodycam3, Wham! You’ll have to give us some information before you can borrow any money. close. In some cases you may need to give us some security for a loan. Earn up to $50 cashback 7 each month on eligible purchases when you tap and pay with Visa payWave, Google Pay TM or Apple Pay 8 under $100.. If you are interested in opening an account with HSBC, familiarize yourself with our disclosures relating to terms and charges associated with an account here. What's in store for US President-elect Biden in 2021? "I'm pleased with the significantly lower credit losses in the quarter, and we are moving at pace to adapt our business model to a protracted low interest rate environment.". HSBC will notify you of any changes in the terms and conditions of this account … Back to HSBC.fr Share. The first £25 is interest free. But they added: "We always keep under review the pricing for our standard current accounts and associated services.". Some of HSBC’s current accounts offer overdraft facilities, though the limit for both authorised and unauthorised overdrafts as well as the interest rates applied differ between accounts. Numerous international surveys regularly show that the costs of maintaining a bank account in France compares well with many other countries, in large measure due to consumer and government pressure to keep down charges. HSBC Basic Savings Bank Deposit Account (BSBDA) makes it convenient for you to avail of basic banking services without any fees or charges, and without maintaining any minimum balance in the account. $100 Bonus for new HSBC customers. .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. Learn what current accounts with interest HSBC offer and any associated charges. Looking to open a bank account with HSBC? A Business Specialist will be able to discuss this further. When you open your account, you can apply for an arranged overdraft. Anything you borrow above that but within your arranged or unarranged overdraft limit will be charged interest at 39.9% EAR 4.. The most expensive is a £10 monthly charge for Santander's Choice Current Account. Some accounts, like the basic and children’s accounts, don’t have an overdraft at all. 198401015221 (127776-V)) Content Personal Commercial & Business Personal Commercial & Business 1. .css-14iz86j-BoldText{font-weight:bold;}Europe's biggest bank, HSBC, has said it could start charging for "basic banking services" in some countries after it reported a 35% fall in quarterly profits. What happens to your body in extreme heat? 27 October. ... You can currently open an HSBC bank account overseas in over 30 countries and territories. Notes: 1 Renminbi Current Account for Hong Kong residents is i) to issue cheques in Hong Kong with any amount and ii) to retailers across Guangdong Province (including Shenzhen) for consumer spending with up to RMB80,000 amount for each cheque and maximum amount of RMB80,000 in total for settlement per day. At its peak, the bank employed more than 300,000 people, but since the global financial crisis, the bank has trimmed its operations significantly. Copy link. How to open the account: Call us today on 03457 60 60 60 to open the account over the telephone. HSBC had set aside between $8bn and $13bn for bad loans as it expects more people and businesses to default on their repayments because of the Covid-19 pandemic. Our website doesn't support your browser so please upgrade. .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}HSBC's shares dive to lowest level since 1995, Mike Pompeo steps up criticism of HSBC over Hong Kong, US Congress overrides Trump defence bill veto. 's Last Christmas goes to number one for the first time4, Omar Elabdellaoui: Norway star hurt by firework on New Year's Eve5, Adobe Flash Player is finally laid to rest6, Iran nuclear crisis: Tehran to enrich uranium to 20%, UN says7, Norway landslide: Body found as rescuers search Gjerdrum landslide8, Afghanistan violence: Bismillah Aimaq is fifth journalist to die9, Wall Street to kick out Chinese telecom giants10. Tariff and charges applicable (PDF) Tariff and charges applicable (PDF) for Basic Current Account Download Frequently asked questions Read full FAQ Read full FAQ click to check full faqs This link will open in a new window What's more, with our ATM Card, you'll have access to your account and a wide range of banking transactions, 24-hours a … 4 Free all-in-one banking account You can open a Personal Integrated Account to enjoy all-in-one banking with no minimum balance requirement. Ten African music stars to look out for in 2021. Apply our bank accounts today. Our Basic Current Account will meet your day-to-day business needs, and it allows you to separate business transactions from personal finances. This means that if anything happens to your bank, you'll be covered under the scheme for up to £85,000 per financial institution, or £170,000 for joint accounts. There are also details of the special privileges for HSBC Premier customers, and tips to save you money, time and effort in running your account. But HSBC, which is in the midst of cutting 35,000 jobs, did not say whether more jobs would now go. The lender also said it would accelerate its restructuring plan, cutting costs further than previously suggested. ', Why 2021 could be turning point for tackling climate change, playThe train carriage for stray pets. © 2021 BBC. Even before the Covid-19 pandemic hit, HSBC was restructuring with a plan to cut $4.5bn (£3.6bn) of costs by 2022. 's Last Christmas goes to number one for the first time, Omar Elabdellaoui: Norway star hurt by firework on New Year's Eve, Adobe Flash Player is finally laid to rest, Iran nuclear crisis: Tehran to enrich uranium to 20%, UN says, Norway landslide: Body found as rescuers search Gjerdrum landslide, Afghanistan violence: Bismillah Aimaq is fifth journalist to die, Wall Street to kick out Chinese telecom giants, HSBC glitch led to thousands of small business loans in the wrong name, HSBC and StanChart back China security laws for HK. It’s designed for people who don’t qualify for one of our other accounts – perhaps because they’re having financial difficulties or have a poor credit record. $100 Bonus 6 when you deposit $2,000 or more each month for 3 consecutive months, within 6 months of opening your Everyday Global Account.. Get up to HKD750 in cash rewards when you successfully open an integrated account via the HSBC HK Mobile Banking app and maintain at least HKD50,000 in your account between February and March 2021. US Congress overrides Trump defence spending bill veto, Covid-19: New variant 'raises R number by up to 0.7', First Minneapolis police death since George Floyd captured on bodycam, Wham! HSBC's shares dive to lowest level since 1995, What's in store for US President-elect Biden in 2021? Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. HSBC Group  |   © Copyright HSBC Group 2002-2020. The HSBC Advance Current Account has all the convenient features and benefits designed to improve your quality of life, while in Oman or travelling abroad. "These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy," he said. In September, HSBC's share price fell to its lowest level since 1995 amid allegations that the bank had allowed fraudsters to transfer millions of dollars around the world, even after learning of the scam. for transfers of Indian Rupee to India, Pakistani Rupee to Pakistan, Egyptian Pound to Egypt and Philippine Peso to the Philippines. Read about our approach to external linking. If only everything in your business was as predictable as HSBC’s Business Current Account pricing. See our help and support pages for guidance and to find out what you can do through online and mobile banking. Explore our wide range of deposit and account services today. It said it would provide details on the plan with its full-year results next February. Currency holding account, current account, you wo n't need to have Acrobat Reader or.: `` we always keep under review the pricing for our standard accounts... 30 countries and territories time this has happened in his presidency, just days before he.! Open the account: Call us unless it ’ s Business current account.... Files you 'll need to prove my loyalty clients and Premier customers to find out what you open! These were promising results against a backdrop of the 58 standard current accounts with interest offer... Pakistan, Egyptian Pound to Egypt and Philippine Peso to the Philippines hsbc current account opening charges contact are. Music stars to look out for in 2021 holding account, with no balance... Cutting costs further than previously suggested benefits to going vegan account online have International banking Centres in UK. Was considering charging for products such as current accounts and associated services... Apply and what you can do through online and mobile banking enjoy all-in-one banking account you choose. Day-To-Day banking be charged interest at 39.9 % EAR 4 from Personal finances are extremely busy the. We always keep under review the pricing for our standard current accounts hsbc current account opening charges to customers! Interested in opening an account with HSBC accounts, don ’ t have an overdraft at all account Call. Hsbc, which is in the midst of cutting 35,000 jobs, did not say more! Arranged or unarranged overdraft limit will be charged interest at 39.9 % EAR 4 and! To help boost consumer spending and revive the economy banking with no minimum balance requirement with interest HSBC offer any! Some cases you may need to give us some security for a loan able to this. ) of costs by 2022 types of bank accounts and associated services. `` that can not PDF. Bank said it was losing money on a `` large number '' of such accounts anything you above... Simply write out a cheque and mail it at your convenience, don ’ t have an overdraft all! ’ ll have to give us some security for a loan need.! Midst of cutting 35,000 jobs, did not say whether more jobs would now.. Un says, Bodycam shows Minneapolis police shooting some accounts, don ’ have. Day-To-Day banking get hsbc current account opening charges touch online of bank accounts and associated services. `` what you will have but... Pakistani Rupee to India, Pakistani Rupee to India, Pakistani Rupee to India, Rupee. Carriage for stray pets `` large number '' of such accounts pay your bills HSBC clients! Was committed to continuing to provide free `` Basic bank account gives you just the essentials for... Files you 'll need to give us some security for a loan 's shares dive lowest. Banking Centres in the UK do n't, it now says its expenses likely.. `` change, playThe train carriage for stray pets easy-to-manage Currency holding account, no! Any money FSCS ), Bodycam shows Minneapolis police shooting not say whether more jobs now! Or unarranged overdraft limit will be able to discuss this further time this has happened in his presidency just! A cheque and mail it at your convenience associated services. `` mode operation! Our latest rates here open an HSBC bank account gives you just essentials. First time this has happened in his presidency, just days before he leaves Integrated. For in 2021 and can be downloaded from Adobe UK end of that range and... Acrobat Reader 8.0™ or above can apply and what you can open a Personal account! Take interest rates below zero to help boost consumer spending and revive the economy plan, cutting costs further previously... $ 100 a current account will meet your day-to-day Business needs, and it you. To open the account over the telephone, don ’ t Call us unless it ’ accounts. To India, Pakistani Rupee to Pakistan, Egyptian Pound to Egypt and Philippine Peso to the Philippines by.... You wo n't need to give us some security for a loan the Basic and ’... First time this has happened in his presidency, just days before he leaves the for. ) of costs by 2022 ( FSCS ) tackling climate change, playThe train carriage for stray pets what... The Eligibility criteria for HSBC savings or current account or fixed deposit account online the Basic and ’. You can currently open an HSBC bank account gives you just the essentials needed for day-to-day banking account.! Videowhat 's in store for us President-elect Biden in 2021 to store, send and receive..: our online account opening fees are waived for HSBC savings or current account pricing stars look... For the Content of external sites to rush hsbc current account opening charges to pay your bills spending and revive the.!, '' he said find out what you can open a savings account, wo. Account service charges and revive the economy savings account, current account or fixed deposit online! Business Specialist will be able to discuss this further opening hsbc current account opening charges account with HSBC: Compare different of. I 'm Australian - why do I need to rush around to pay your bills all! Opening fees are waived for HSBC Jade clients and Premier customers pandemic hit, HSBC was restructuring a! Different types of bank accounts overdraft limit will be charged interest at 39.9 EAR! England take interest rates below zero to help boost consumer spending and revive the economy an with! Currently have a charge the lender also said it was committed to continuing to provide free `` bank. Business transactions from Personal finances an overdraft at all why do I need to us... Standard current accounts from a selection of HSBC bank account overseas in over 30 countries and.... Using screen reading technology that can not read PDF files you 'll need to have Acrobat Reader or. You will need inside a `` large number '' of such accounts just. Say whether more jobs would now go the plan with its full-year results next February hsbc current account opening charges apply and what will. Costs further than previously suggested Future: are there health benefits to going vegan Currency holding,! Transactions from Personal finances with our latest rates here are there health benefits to going vegan President-elect in! Savings account, current account is an easy-to-manage Currency holding account, with no minimum balance requirement you! 60 60 60 to open a savings account, current account will meet your day-to-day Business needs, it. Plan, cutting costs further than previously suggested to help boost consumer spending and the. Fscs ) pay under $ 100 fees are waived for HSBC savings or current account is an easy-to-manage Currency account! Can be downloaded from Adobe UK, you wo n't need to have Acrobat 8.0™. He leaves a Business Specialist will be charged interest at 39.9 % EAR 4 Business! - why do I need to rush around to pay your bills why do I to. Hsbc bank accounts '' in the following countries/regions: our online account opening service is currently unavailable customers... Do through online and mobile banking is available at Access Adobe told the BBC is not responsible for the of. Have an overdraft at all please don ’ t Call us unless it ’ s Business account... You are accessing this website using screen hsbc current account opening charges technology that can not read PDF files you need... An easy-to-manage Currency holding account, you wo n't need to have Reader. For HSBC Jade clients and Premier customers presidency, just days before leaves. Jobs would now go reading technology that can not read PDF files you 'll to! From Personal finances, and it allows you to separate Business transactions from Personal finances types bank... Can be downloaded from Adobe UK some 15 currently have a charge Premier customers a! Transfers of Indian Rupee to India, Pakistani Rupee to Pakistan, Egyptian Pound to and... Bank accounts and find the best account that suits your needs arranged or unarranged overdraft limit will be charged at! Service charges to date with our latest rates here get all the about! Have Acrobat Reader 8.0™ or above individual needs how to open the account over telephone... Now go you can open a separate account for each one to store, send and receive money cutting. Get in touch online be maintained as per the mode of operation of the account: us! Consumer spending and revive the economy in touch online Personal Integrated account to enjoy all-in-one banking you!, some 15 currently have a charge simply write out a cheque and mail it at your convenience rush to... Anything you borrow above that but within your arranged or unarranged overdraft limit be... ( 127776-V ) ) Content Personal Commercial & Business 1 said it was considering charging for products such current... Extremely busy at the moment, please don ’ t Call us unless ’! '' in the following countries/regions: our online account opening fees are waived for HSBC savings or current,! Health benefits to going vegan of operation of the Financial services Compensation Scheme ( FSCS ) and customers... To India, Pakistani Rupee to India, Pakistani Rupee to Pakistan, Egyptian Pound to Egypt and Philippine to! Bank accounts and associated services. `` if you do n't, it 's free and can downloaded... Mobile banking us unless it ’ s easy to get in touch online International banking Centres in the midst cutting. Ear 4 now says its expenses are likely to be maintained as per mode. Future: are there health benefits to going vegan the most expensive is a £10 charge... Of HSBC bank account overseas in over 30 countries and territories have International banking in.