Managing Your Business

Small Business Banking Account

Open your Account
Find out more
Our HSBC Kinetic Current Account is the account for sole traders or single director single shareholder businesses. Download the app, apply in minutes and you could have a new business current account the same-day. Subject to eligibility and credit check. T&C’s and fees apply.

For all other types of businesses, please find out more about our Small Business Banking Account on this page, including our eligibility criteria.

Free banking for 12 months*

Overdraft available***

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.**

Access to secure digital banking including the ability to scan and deposit your cheques via the Business Banking Mobile app****

Access our Tomorrow Ready Hub to give you insights and resources.

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.

Supporting your small business

Business Banking Mobile app

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

Visa Business Debit Card available

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

Visa Commercial Card available

Keep control of your day-to-day spending. Boost your cash flow and fully protect your transactions against fraud.

Commercial Cards are available for you and your employees (subject to status)

Business loans and overdrafts

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

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

Small Business Banking Features

Features of your account

  • Bank 24/7 online
  • Mobile app
  • Virtual assistant
  • Live Chat
  • Text alerts
  • Telephone banking

Convenient access

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

Support

  • Specialist support
  • Tomorrow Ready Hub
  • Secure messaging
  • Digital exchanges
  • UK-based telephone support

Add-ons for flexibility as you grow

Credit & borrowing

  • Commercial card (subject to status and application)
  • Arranged overdraft (subject to status and application)
  • Small Business Loans from £1,000 to £25,000 (subject to status and application)

International payments

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

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 Small Business Banking Tariff
Monthly fee
£8
Payments online (made via Business Internet Banking)
Free
Debit card payment
Free
Cash deposit in branch or Post Office®
1.50% of value deposited
Mobile cheque deposit
50p per cheque

Got questions?

Important documents

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†

Guides, tools and insights

Market your new business

Marketing is about much more than just promoting your business. Use this checklist to start developing your marketing plan.

Writing a business plan

Whether you want to raise funding or to understand the best opportunities for your business, a business plan is essential.

Set up and maintain your books

Keeping accurate financial records is a legal requirement and are essential for understanding your business. Find out more with our guide to book-keeping.

Guides, tools and insights

Starting a business or expanding into new markets? Discover tools, tips and articles to help you reach your ambitions and fuel your growth.

Open your Account

HSBC Kinetic Current Account

Our account for sole traders or sole director shareholder limited companies only.

Small Business Banking Account

Apply online if your turnover is below £2m and your business does not wish to apply for more than £30,000 in borrowing facilities.

Start-ups

Switchers

Insights

Explore our industry insights and banking capabilities in a simpler way

Need help?

Get in touch to learn more about our banking solutions