What are the requirements for opening a business account with HSBC UK?
Asked a year ago
To open a business account with HSBC UK, you need to meet certain requirements. Firstly, you must be a UK resident aged 18 years or older. Additionally, you should have a registered UK business address and be registered with Companies House or another applicable regulator. It is also necessary to provide key documents such as proof of identity and address, along with business-related documents like your business plan, financial statements, and VAT registration (if applicable). The required documents may vary depending on your individual circumstances or the type of business you operate. HSBC may also require information about your business activities, turnover, and projected cash flow to determine the suitability of your application.
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