Business Banking Account

Yes, start-up and switcher customers receive 12 months free banking¹ on their primary account. After 12 months a £10 monthly account fee will apply.

Business Banking Account customers are typically small and medium sized enterprises (including not-for-profits) with product needs that require support through a dedicated Relationship Manager, who work alongside our specialist teams. Our Relationship Managers can provide transactional banking and funding solutions for businesses that are looking to borrow over £100k (both domestically and internationally).

If your organisation operates as a not for profit, you may be eligible for our Charitable Bank Account.

As a Business Banking Account customer, you have a variety of support channels including access to the following:

• A dedicated Relationship Manager and their support teams to help you get the best out of banking with HSBC UK
• Business Internet Banking and mobile banking via the HSBC UK Business Banking app so you can manage your accounts wherever you are, or HSBCnet if you have more comprehensive requirements
• The secure messaging feature within Business Internet Banking
• 24/7 Need Help? Online assistants to help you with everyday queries
• Our Live Chat function available to Business Internet Banking customers who can support with more detailed account enquiries
• Over 11,500 Post Offices^®, and HSBC UK branches up and down the country where you can deposit and withdraw cash and cheques
• Our Telephone Banking Team if you need to discuss your banking with someone in detail

If you are looking to start or switch your business and are looking to borrow more than £100k please complete the contact us to apply form below and one of our colleagues will be in touch to discuss your needs further.

Contact us to apply

To apply you’ll need

Business details:

• full business address, including postcode
• contact details (landline number, mobile number, email address)
• Companies House registration number (for limited companies and partnerships)
• your estimated turnover

Personal details from you, plus any partners or directors:

• full name and date of birth
• telephone number and email address
• current personal address (and previous address if you’ve been there under 3 years)
• account number (if you already bank with us)
• details of your debit/credit cards

After you submit your application, we will try to identify you online. If we're unable to identify you, we'll ask you to provide some proof of your identity and address. You can either do this via a smartphone or webcam.

Even if you’re an existing customer, we’ll need to run an application for your business account. For privacy reasons we can’t reuse the details from your personal account.

Yes. You need to be able to provide details of other applicants, such as additional directors and shareholders, as part of the application process.

It will only take seven working days to switch to a Business Banking Account. The Current Account Switch Service makes switching to HSBC UK easy. It’s designed to let you switch your current account from one bank or building society to another in a simple, reliable and hassle-free way.

All you need to do to get started is open a Business Current Account. Then, you can depend on us to make the switch process simple and straightforward. Once you have opened the account, you decide when you want to start the switching process.

You’re eligible for the Current Account Switch Service if you have a business with an annual turnover not exceeding £6.5m and employ fewer than fifty employees. Or charities with an annual income of less than £6.5m and trusts with a net asset value of less than £6.5m.

You can cancel the switch service up to the seventh working day before your switch date. After that only certain elements can be cancelled and the closure of your old account cannot be stopped. We will guide you through what will happen if you choose to cancel.