Apply today for Business Internet Banking HSBC UK

Once you have opened the account, you decide when you want to start the switching process. You need to be able to provide details of other applicants, such as additional directors and shareholders, as part of the application process. Simplify foreign exchangesForeign currency accounts available in most international currencies, account charges apply. 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.

Mobile Wallet for Business Cards customers

frf for smes frequently asked questions

Our Relationship Managers can provide transactional banking and funding solutions for start ups and switchers that are looking to borrow over £100k (both domestically and internationally). Whether you’re a start up or small business we’ll support you all the way. That’s why there’s no monthly account fee and free UK digital banking² as well as free access to our network of business specialists and accounting tools¹. Borrowing solutions are also available to suit you³. ² Free UK digital banking means day-to-day standard electronic transfers made through Business Internet Banking and HSBC UK Business Banking app are free.

frf for smes frequently asked questions

Award winning business banking

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. An independent survey was conducted to ask UK customers of the 17 largest business current account providers, whether they would recommend their provider to other small and medium enterprises (SMEs). If you are switching out of HSBC UK into another UK based financial institution, we will send out a list of your Direct Debits and Standing Orders within 5 working days to your new bank. We will transfer out the balance and close the account on the switch date as confirmed by your new bank. Even if you’re an existing customer, we’ll need to run an application for your business account.

Internet Banking Guides

Bank on the go with our appRun your business from the palm of your frf for smes frequently asked questions 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.

Help with everyday business banking

Commercial Card, to help you keep control of your day-to-day spending, boost your cash flow and fully protect your transactions against fraud. Get free access to My Business Finances, stay on top of your cashflow, tax and profitability with a set of new tools.

And if you’d like to have an overdraft with your new bank account, speak to your new bank or building society before starting your switch. The Current Account Switch Service makes switching to HSBC easy. 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.

Subject to application, eligibility, credit check and T&Cs. We’ll arrange everything for you, including transferring any credit balance and the closure of your old account, as well as transferring all your payments (such as any Direct Debits) to your new account with us. We’ll also set up a payment redirection for any credits or debits from your old account to your new one for at least 3 years. Any credits or debits sent to your old bank account will be redirected automatically to your new account, giving you plenty of time to make sure you’re happy that everything is as it should be. Any payments accidentally made to your old bank will automatically be redirected to your new account.

Business Banking Account

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. Visit our find a branch banking page to find out the developments in additional cash access solutions. It normally takes just 7 working days to complete the switch. During that period, you’ll be able to use your old account as normal. 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.

For privacy reasons we can’t reuse the details from your personal account. Wherever you are and whatever the time, you can take care of your business banking online for free. If your new bank or building society agrees, bank accounts that include an overdraft can switch using the Current Account Switch Service.

Activate Internet banking

You can either do this via a smartphone or webcam. Once your account has been opened, switching to HSBC is simple and hassle free using the ‘Full’ Current Account Switch Service. Subject to application, eligibility, credit check and T&CS. 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- alsoavailable in euros.

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