What types of business accounts does HSBC UK offer?
HSBC UK offers a variety of business accounts designed to cater to the diverse needs of different types of businesses. Firstly, there is the Business Current Account, which is ideal for small and medium-sized enterprises. This account facilitates day-to-day banking and offers features such as online banking, mobile banking, and the ability to make and receive payments efficiently.
For sole traders, HSBC UK provides a Sole Trader Account that simplifies the banking process while enabling individual business owners to manage their finances separately from personal finances. Additionally, there is the Business Manager account, meant for start-up businesses. This account is tailored to meet the needs of new enterprises looking for easy access to banking services and support.
For limited companies, HSBC UK presents the Limited Company Account. This account is tailored to accommodate the requirements of limited businesses and includes features such as structured reporting and the ability to facilitate payments in bulk.
Furthermore, HSBC UK offers specific accounts like the Community Account for not-for-profit organisations or charities, and the Business Export Account designed to assist firms engaged in international trade. Each account varies in terms of features, fees, and eligibility criteria, so it is advisable to visit the official HSBC UK website for the most current offerings and detailed information on which account suits a particular business's needs best.
Need further help?
Type out your followup or related question and we will get you an answer right away.
Need to contact HSBC Business (UK)?
If you need to talk to HSBC Business (UK) customer service, now that you have the answers that you needed, click the button below.
Contact HSBC Business (UK)