What are the fees and charges associated with HSBC UK business accounts?
The fees and charges associated with HSBC UK business accounts vary depending on the type of account and services chosen. There is a monthly account fee ranging from £6.50 to £32, depending on the account type and turnover. Additional charges may apply for specific services, such as international payments, cash withdrawals, and cheque processing. HSBC also offers various transaction fees for automated payments, direct debits, and outgoing faster payments. Different tariffs for overdrafts and unarranged borrowing also apply. It is important to note that fees and charges may change over time, so it is recommended to consult the HSBC website or contact a representative directly for the most up-to-date information specific to individual business account requirements.
Answered May 3, 2024
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