HSBC Business business account review, fees, eligibility and availability

Snapshot

HSBC Business is the business banking offering of HSBC, a global bank that serves companies across many markets through local entities. It suits businesses that value an international branch network and cross border banking. Products and fees differ by country. As of 3 June 2026.

Who it suits: Businesses that trade across borders or operate in more than one market and want a global bank with local entities, branch access, and international payment reach.
Broadly available in: Many markets including the United Kingdom, Hong Kong, Singapore, and the United Arab Emirates, through separate local HSBC entities. As of 3 June 2026.
Headline monthly fee: Varies by country. In the United Kingdom new customers typically get an introductory period with no fee, then about 8 pounds a month on the small business account. As of 3 June 2026.
Account type: Business current or checking account at a licensed bank, varying by market.

Fees and features as of 3 June 2026Last reviewed 3 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

HSBC Business is the business banking arm of HSBC, one of the largest banks in the world, present in dozens of countries and territories through separate local entities. It suits businesses that trade internationally or operate in several markets and want a global bank with branch access and cross border payment reach. Fees and eligibility differ by country, for example a small business account in the United Kingdom typically costs about 8 pounds a month after an introductory period. Figures here are shown as of 3 June 2026. Verify current terms with HSBC for your market.

Overview

HSBC Business covers business banking from sole traders and startups to large companies, delivered through local HSBC entities in each market. In the United Kingdom the range includes the Small Business Banking Account for newer or switching businesses and the Business Banking Account for larger turnover companies, while the earlier Kinetic app account is closed to new applications. In Hong Kong, Singapore, the United Arab Emirates, and other markets, HSBC runs its own local business accounts with their own pricing and eligibility. As of 3 June 2026.

Strengths

A global footprint with local entities in many markets, strong cross border payment reach, multi currency capability on many business accounts, and branch access for businesses that want it. As of 3 June 2026.

Limitations

Pricing, eligibility, and account names differ from country to country, so there is no single global fee. Some markets require local registration and an in person step, and onboarding can take longer than with a fintech account. Verify current terms with the relevant HSBC entity.

Fees and features

All figures as of 3 June 2026. Pricing varies by country. Verify current terms with HSBC.
Monthly fee	Varies by market. In the United Kingdom new business customers typically get an introductory period with no fee, then about 8 pounds a month on the small business account. Other markets set their own fees. As of 3 June 2026.
Transaction fees	Electronic, cash, and cheque transaction fees vary by country and account tier. As of 3 June 2026. Verify the current rate card with the relevant HSBC entity.
FX fees	International transfers carry fees that vary by market, for example international payment fees on the United Kingdom small business account. As of 3 June 2026. Verify with HSBC.
Minimum deposit	Varies by market and account. Unclear at a single global figure, so verify with HSBC.
Multi currency	Many HSBC business accounts support holding and paying in multiple currencies, with detail varying by country. As of 3 June 2026.
Integrations	Online and mobile business banking, international payment tools, and accounting connections that vary by market. Verify current integrations with HSBC.
Eligibility	Registered businesses in supported markets, with requirements and accepted entity types varying by country. As of 3 June 2026. Verify eligibility with HSBC.

Open an HSBC Business business account

Availability, fees, and eligibility vary by country. Check the HSBC Business by country pages below for your market, then confirm current terms with the provider. Shown as of 3 June 2026.

Visit HSBC Business →

HSBC Business by country

Questions about HSBC Business

Where is HSBC Business available?

HSBC offers business banking across many markets, with offices in dozens of countries and territories including the United Kingdom, Hong Kong, Singapore, and the United Arab Emirates. Products, fees, and eligibility differ by country. As of 3 June 2026. Verify availability for your market with HSBC.

Does the HSBC business account in the United Kingdom charge a monthly fee?

In the United Kingdom, new business customers typically get a period with no monthly account fee, then a standard monthly fee of about 8 pounds applies on the small business account. As of 3 June 2026. Verify current pricing with HSBC.

Is HSBC Kinetic still open to new customers?

HSBC Kinetic in the United Kingdom is closed to new applications as of 3 June 2026. HSBC directs new applicants to its other business accounts. Verify the current range with HSBC.

Can a non resident open an HSBC business account?

It depends on the market. Some HSBC entities serve internationally connected businesses, while others require local registration and residency. The position varies by country, so verify eligibility with HSBC before applying. As of 3 June 2026.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 3 June 2026. Confirm current terms with HSBC Business before applying.