HSBC UK Bank Plc

Bank · BIRMINGHAM, United Kingdom · overall 5.4 / 10

How this 5.4 is built

Average of 6 scored needs: 5.4. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

HSBC UK BANK PLC is recorded in the global register as a bank in BIRMINGHAM, United Kingdom. The register names Prudential Regulation Authority (Bank of England) as its regulator and shows the licence as licensed. Established 2015. Collected from open registers.

On its own website: “Welcome to HSBC UK banking products including current accounts, loans, mortgages, credit cards. Also Premier and Advance banking and more…”

Legal name: HSBC UK BANK PLC
Regulated by: Prudential Regulation Authority (Bank of England)
Licence confirmed: yes, on a regulator's own list
Established: 2015
LEI: 21380081EP12LC86CB82
Website: www.hsbc.co.uk/

Scores, 0 to 10

7.5Lowest fees

The account has no monthly fee. It stops short of 10 because international transfer and card prices were not part of this evidence. (Small Business Banking Account) Read as: “No monthly” · source

6.5Financial strength & stability

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

6.0United Kingdom

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.0Cross-border payments, FX and multi-currency accounts

Its own business page names SEPA, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.