Is HSBC Business available for business in Brazil?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson
Availability

HSBC Business for business in Brazil: Available with limits

Key eligibility
Large local corporates, multinationals, and institutional clients served through corporate and institutional banking. There is no standard small business or SME account in Brazil
Non resident position
Multinationals and foreign institutional investors are served through corporate and institutional banking. Small businesses and sole traders are not served
Local currency support
The Brazilian real and major currencies are supported within corporate and treasury services, arranged with the bank
Headline monthly fee
No published standard monthly fee. Corporate banking pricing is arranged case by case as part of a relationship
Availability and fees as of 31 May 2026Last reviewed 31 May 2026

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

As of 31 May 2026, HSBC serves business customers in Brazil only as a wholesale bank for large corporates, multinationals, and institutional clients. HSBC sold its Brazilian retail and small business operations to Banco Bradesco in 2016 and returned in 2020 with a corporate and institutional banking model. There is no standard small business or SME account, so smaller businesses should treat HSBC as available only at the corporate level.

Does HSBC Business serve business customers in Brazil?

Partly. HSBC operates in Brazil as a wholesale bank focused on large local corporates, multinationals, and foreign institutional investors, with onshore teams covering global markets and treasury, investment banking, credit and lending, global trade, and payments. It exited Brazilian retail and small business banking when it sold that business to Banco Bradesco in 2016. A large company or a multinational subsidiary in Brazil can bank with HSBC, but a small business, sole trader, or startup will not find a standard HSBC Business account in the market. As of 31 May 2026.

Eligibility for businesses in Brazil

HSBC in Brazil works with large corporates, multinationals, and institutional clients that fit its corporate and institutional banking profile. Relationships are established directly with the bank rather than through a self serve online signup, and small businesses and freelancers are outside this profile and are not onboarded. Verify with the provider

What it costs locally

HSBC does not publish a standard monthly fee for a small business account in Brazil because it does not offer one. Corporate and treasury pricing is arranged case by case as part of a banking relationship. The Brazilian real and major currencies are supported within those corporate services. As of 31 May 2026

What local users report

Feedback in Brazil reflects HSBC corporate focus. Large companies describe it as a global transaction and treasury partner, while smaller businesses note that there is no retail or SME product to apply for since the 2016 sale to Banco Bradesco. As of 31 May 2026, confirm the current position with the bank before relying on it.

How to open HSBC Business for business in Brazil

  1. Confirm that your company fits HSBC corporate and institutional banking in Brazil, since there is no standard small business or SME account.
  2. Contact HSBC Brazil corporate banking through its official business site to discuss eligibility, products, and pricing for your company.
  3. Prepare your corporate documents and complete the bank led onboarding and compliance review before any account is opened.
Open with HSBC Business →

Questions about HSBC Business in Brazil

Is HSBC Business available for business in Brazil?
Only at the corporate level. As of 31 May 2026 HSBC operates in Brazil as a wholesale bank for large local corporates, multinationals, and institutional clients. It does not offer a standard small business or SME account since it sold that business to Banco Bradesco in 2016. Verify the current position with the bank. This is general information, not advice.
Can a small business in Brazil open an HSBC account?
Generally no. HSBC corporate and institutional banking in Brazil is aimed at large corporates and multinationals, and there is no off the shelf small business or SME product. Smaller businesses are not onboarded. Confirm your eligibility with the bank. As of 31 May 2026.
Does HSBC support the Brazilian real in Brazil?
Yes, within its corporate and treasury services, where the Brazilian real and major currencies are supported under terms arranged with the bank. There is no standard small business account in the Brazilian real. As of 31 May 2026, confirm the current position with the bank.
What can a small business in Brazil use instead?
Providers that serve smaller business customers in Brazil are listed on the Brazil country guide, including local banks and cross border digital options. Availability changes, so verify the current position with each provider before applying. As of 31 May 2026.

Availability, fees, and eligibility change. This page was last reviewed on 31 May 2026. Confirm the current position with HSBC Business before applying.

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