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HSBC Bank plc

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Cost of account opening
от 1500 EUR
Open an account

General information

Name
HSBC Bank plc
Country

United Kingdom

Official web-site
www.hsbc.com
Bank history
It was founded in 1836 as The Birmingham and Midland Bank. In 1891, 1898 and 1918, it successively acquired Central Bank of London, City Bank Limited and The London Joint Stock Bank Limited, resulting in changing if its name into the London Joint City and Midland Bank Limited. Name of Midland Bank Limited emerged in 1923. With the entry into force of the Companies Act 1980, the Bank was transformed into a public joint-stock company Midland Bank plc., which was acquired by HSBC Holdings plc in 1992. Momentous consequence of this acquisition was moving headquarters of HSBC Group from Hong Kong to London. Since 2003, the global strategic and financial planning of HSBC Group, bringing together 7,500 offices in 87 countries, is carried out from the 45-storeyed building, located in the eastern district of London - Canary Wharf
World rating
20
Country Rating
4
Founding date
1836

Account Opening Terms

Recommendations
Not required
Description of activity
Detailed and comprehensive
Account type
Settlement
Accounts types
Personal; Corporate; Settlement
Required documents
Passports. Typical apostilled corporate documents. Full package of documents on directors, shareholders and company secretary. Comprehensive description of the business. Open list of requested information and documents. Chance of unreasoned rejection and long waiting period
Transaction speed
Payments are executed on the same day
Minimum balance
10000
Limit of transfers (per month)
No information
Initial founding fee
0
Account opening nuances
Opening an account is possible without entering the country of the bank; Opening an account is possible without having to visit a professional introducer
Account opening, possibility
Unpredictable

Cost and nuances of account maintenance

Translation cost
Fee for outgoing payments to the banks that are members of the HSBC Group - 20 GBP, to other banks - 30 GBP, all outgoing payments made through the system Business Internet Banking - 17 GBP.
Enrollment fees
Fee for incoming payments up to 100 GBP - 0, for all other payments - 6 GBP
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