Managing Your Business

Business Banking Account

Open your Account
Contact us
Our Business Banking Account, designed for small and medium sized enterprises with established needs.

Business Banking eligibility criteria applies*

  • Free banking for 12 months1
  • Visa Commercial Card available - no annual fee for the first year. Representative example: based on an assumed limit of £1,200, 15.9% rate p.a. for purchases, 22% APR representative variable. Annual Fee £32.2
  • Overdraft available3
  • Use the HSBC UK Business Banking app to scan and deposit cheques4

Effortless switching

  • We’ll contact your old bank to let them know you’re switching
  • We’ll transfer your balance and any automated payments for you                  
  • We’ll close your old account on the date you’ve chosen

Good to know

Any payments accidentally made to your old bank will automatically be redirected to your new account. We’ll also give your new details to people paying your old account. And if anything goes wrong, we’ll refund you for any interest or charges incurred.

Helping your business thrive

Visa Business Debit Card available

Manage your expenses
Business Debit Cards are available on request to you and your employees.

Commercial and Corporate cards available

Commercial Card, to help you keep control of your day-to-day spending, boost your cash flow and fully protect your transactions against fraud.

Credit is subject to status. Representative example: based on an assumed limit of £1,200, 15.9% rate p.a. for purchases, 22% APR representative variable. Annual Fee £32.

Corporate Card, a flexible solution for larger businesses with an annual turnover of above £2m, to help you keep control of your company’s expenses and purchasing- also available in euros.

Mobile business banking

Bank on the go with our app
Run your business from the palm of your hand. Make payments, view balances and transactions, and manage Standing Orders and Direct Debits. Scan and instantly deposit cheques securely, and block or unblock your debit and credit cards to save you time. Device restrictions may apply.

Easy accounting

Seamless invoicing, tax and VAT
Sync your online business bank account with Sage

Competitive international payments

International payments for over 60 currencies
Starting from just £17*

Simplify foreign exchanges
Open Euro, USD or other Foreign Current Accounts for £17 (or currency equivalent) a month

Business loans and overdrafts

Achieve your ambitions
We offer a range of lending options to help you grow your business**

Business Banking Features

Features of your account

  • Online banking
  • Live Chat
  • Virtual assistant
  • Mobile app
  • Text alerts
  • Telephone banking

Convenient access

  • Visa debit cards
  • Cheque book on request
  • Bank in branch or in over 11,500 Post Offices®

Support

  • Dedicated Relationship Manager
  • Specialist Support Teams
  • UK-based telephone support

Add-ons for flexibility as you grow

Credit & borrowing

  • Commercial Card or Corporate Card (subject to status and application)
  • Arranged overdraft (subject to status and application)
  • Business loans (subject to status and application)
  • Specialist financing solutions (subject to status and application)

International payments

  • International payments from £17*
  • Foreign Currency Accounts for £17 (or currency equivalent) a month

Additional banking platforms

🗸 HSBCnet*

Rates and tariffs

First 12 months

Our introductory offer for start up and switchers
Monthly fee
Free
Payments online (made via Business Internet Banking)
Free
Debit card payment
Free
Cash deposit in branch and Post Office®
Free
Cheque deposit in branch and Post Office®
Free

After 12 months

Move onto the Business Banking Tariff
Monthly fee
£10
Payments online (made via Business Internet Banking)
Free
Debit card payment
Free
Cash deposit in branch and Post Office®
1.50% of value deposited
Mobile cheque deposit
50p per cheque

Open your Account

You have two options to apply:

  1. Contact our Live Chat Team through this website and advise you’d like to open a new account through our dedicated Direct Commercial Team.
  2. Call Business Telephone Banking on 0345 606 060 and advise you’d like to open a new account through our dedicated Direct Commercial Team.

Got questions?

Why choose an HSBC Business account?

  • Best Bank for SMEs

    We’re very proud that Euromoney named us the world’s best bank for SMEs in 2019.

  • Branches near you

    The best business relationships are face-to-face. Come speak to us in person.

  • Telephone support

    You can speak to our UK-based customer service representatives 365 days a year†

Important documents

Insights

Explore our industry insights and banking capabilities in a simpler way

Need help?

Get in touch to learn more about our banking solutions