Published. Open a bank account online today. Learn what current accounts with interest HSBC offer and any associated charges. Foreign Currency Accounts 2. It is the first time this has happened in his presidency, just days before he leaves. We thank you for your understanding. HSBC says it could charge for current accounts. $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.. .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? We have International Banking Centres in the following countries/regions: Our online account opening service is currently unavailable. Of the 58 standard current accounts available to British customers, some 15 currently have a charge. Premier Account 14. .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! Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. What happens to your body in extreme heat? The first £25 is interest free. But they added: "We always keep under review the pricing for our standard current accounts and associated services.". What we’ll need from you. 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%. 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. A spokesman later told the BBC it was committed to continuing to provide free "basic bank accounts" in the UK . 198401015221 (127776-V)) Content Personal Commercial & Business Personal Commercial & Business 1. Terms and conditions apply. VideoThe train carriage for stray pets, 'We welcomed the Brexit deal like a Christmas present', India's love affair with classic British motorbikes. It only takes minutes to open a savings account, current account or fixed deposit account online. Foreign Currency If only everything in your business was as predictable as HSBC’s Business Current Account pricing. for transfers of Indian Rupee to India, Pakistani Rupee to Pakistan, Egyptian Pound to Egypt and Philippine Peso to the Philippines. 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. French Bank Charges. To read PDF files you'll need to have Acrobat Reader 8.0™ or above. Keep up to date with our latest rates here. Simply write out a cheque and mail it at your convenience. 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. "These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy," he said. 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.. It’s easy to get in touch online. But HSBC, which is in the midst of cutting 35,000 jobs, did not say whether more jobs would now go. What's in store for US President-elect Biden in 2021? '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. HSBC offers range of bank accounts services: savings, current and time deposit accounts to meet customer needs in Singapore. 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. 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) Compare current accounts from a selection of HSBC bank accounts. Copy link. Pay money in and out whenever you like, send money in multiple currencies and receive a free debit card with an HSBC Current Account. Current accounts with banks and building societies in the UK have the protection of the Financial Services Compensation Scheme (FSCS). 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. It said it was considering charging for products such as current accounts, which are free to UK customers. Our Basic Bank Account gives you just the essentials needed for day-to-day banking. Talk to us directly through our chat channels. How to open the account: Call us today on 03457 60 60 60 to open the account over the telephone. See our help and support pages for guidance and to find out what you can do through online and mobile banking. Learn about our current accounts today. 'I'm Australian - why do I need to prove my loyalty? Account Opening Offer. 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. 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. Explore our wide range of deposit and account services today. Iran to boost uranium enrichment to 20%, UN says, Bodycam shows Minneapolis police shooting. Bonus interest on savings HSBC will notify you of any changes in the terms and conditions of this account … If you are accessing this website using screen reading technology that cannot read PDF files, a converter is available at Access Adobe. HSBC's shares dive to lowest level since 1995, What'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] At its peak, the bank employed more than 300,000 people, but since the global financial crisis, the bank has trimmed its operations significantly. The HSBC Currency Account is an easy-to-manage currency holding account, with no monthly account fee. Apply our bank accounts today. We offer a range of accounts to suit your individual needs. 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. All rights reserved. You can choose from 14 major currencies and open a separate account for each one to store, send and receive money. BBC Future: Are there health benefits to going vegan? Please note that there will be no service charge levied on senior citizen accounts in case the eligibility criteria is not met. 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. HSBC Group  |   © Copyright HSBC Group 2002-2020. Are you interested in opening an account with HSBC? The most expensive is a £10 monthly charge for Santander's Choice Current Account. What's more, with our ATM Card, you'll have access to your account and a wide range of banking transactions, 24-hours a … 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 A Business Specialist will be able to discuss this further. Some accounts, like the basic and children’s accounts, don’t have an overdraft at all. With a current account, you won't need to rush around to pay your bills. Back to The BBC is not responsible for the content of external sites. 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. 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. That would see the Bank of England take interest rates below zero to help boost consumer spending and revive the economy. Account charges Account opening fees are waived for HSBC Jade clients and Premier customers. Looking to open a bank account with HSBC? close. .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. $100 Bonus for new HSBC customers. Making payments has never been so simple. 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. 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. © 2021 BBC. 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. HSBC offers range of bank accounts: integrated account, savings, current account and more to meet customer needs in Hong Kong. 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. Earn 2% cashback on tap and pay under $100. 27 October. 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. .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. Read about our approach to external linking. Our Basic Current Account will meet your day-to-day business needs, and it allows you to separate business transactions from personal finances. VideoWhat's in store for US President-elect Biden in 2021? .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. 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). Despite the tough environment, HSBC chief executive Noel Quinn said there were some bright spots. 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. 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. 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. The Eligibility criteria for HSBC Savings or Current Account is to be maintained as per the mode of operation of the account. ', Why 2021 could be turning point for tackling climate change, playThe train carriage for stray pets. You’ll have to give us some information before you can borrow any money. Please visit for details of the HSBC account Service Charges. Tariff and charges for HSBC products and services Issued by HSBC Malaysia Berhad (Company No. Integrated Account ^^ customer. In some cases you may need to give us some security for a loan. The lender also said it would accelerate its restructuring plan, cutting costs further than previously suggested. 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. 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. 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) '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. Personal Banking with HSBC: Compare different types of bank accounts and find the best account that suits your needs. Even before the Covid-19 pandemic hit, HSBC was restructuring with a plan to cut $4.5bn (£3.6bn) of costs by 2022. Basic Current Account 1. Business Accounts 2. Ten African music stars to look out for in 2021. Get all the information about how you can apply and what you will need inside. It said it would provide details on the plan with its full-year results next February. We think most of you will have this but if you don't, it's free and can be downloaded from Adobe UK. The bank said it was losing money on a "large number" of such accounts. image copyright Getty Images. 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! When you open your account, you can apply for an arranged overdraft. However, it now says its expenses are likely to be at the lower end of that range. Premier Junior Saving Accounts 15. Share page. Anything you borrow above that but within your arranged or unarranged overdraft limit will be charged interest at 39.9% EAR 4.. Share. "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.". 3.3. Our website doesn't support your browser so please upgrade. 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. 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. Apply for a Bank Account online today! Video. ... You can currently open an HSBC bank account overseas in over 30 countries and territories. About sharing. 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. 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.