Bank Account | Open A Bank Account Online - HSBC UK (2024)

FAQs

How long does it take HSBC to approve a bank account UK? ›

Most accounts will open within 48 hours. Subject to eligibility, credit check and T&Cs. Fees apply.

Easy everyday banking that puts you in control

Show your money who's boss with our Bank Account. Discover a new bank account that gives you everything you need for everyday banking, with no monthly account fee. You could even open a Bank Account online in around 12 minutes. To apply, you'll need to be 18+.

Once we've received your application form, ID and proof of address, it usually takes 7 to 10 days to open your account.

Apply using the HSBC Singapore app to get instant approval. To be eligible for an instant decision, you need to meet all of the following requirements: Be a Singaporean or a Permanent Resident living in Singapore. Be a salaried employee.

If you're bankrupt or have a record of fraud, you will not usually be allowed to open a bank account. Also, you may be refused permission to open a current account if you have a poor credit rating. However, if you're bankrupt or have a poor credit rating, you may be able to open a basic bank account.

You can set up an HSBC UK bank account from many locations abroad. Once you've chosen your preferred account, use the apply button to find out if you might be eligible.

Opening a bank account in the UK requires a few key documents. First, you'll need to make sure that you have valid identification, like a passport, driver's license, or national ID card to prove who you are. You'll also need proof of a UK address, which can be a recent utility bill or bank statement.

Many major UK banks also have so-called 'international' or 'expat' accounts, like the HSBC expat bank account. These are designed specifically for non-residents, so they're a great option if you don't have the documents to prove your UK address. In fact, you can even apply for an international account online.

Which bank is best for foreigners in UK? ›

Lloyds International Current Account

Depending on your needs, the bank does provide four international multi-currency savings accounts in addition to the 12 local savings accounts that are available locally. In addition to these accounts, Lloyds also provides two foreign accounts for expats.

Residency Status: Some banks may require proof of residency in the UK, while others might be more flexible. Non-residents may face additional documentation requirements. Identification Documents: You will typically need to provide identification documents, such as a valid passport and proof of address.

You can open an account in the following destinations: Argentina, Australia, Bahrain, Bangladesh, Bermuda, China, Egypt, Expat offshore (Jersey), Hong Kong SAR, India, Indonesia, Macau SAR, Malaysia, Malta, Mauritius, Mexico, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Turkey, UAE, UK and Vietnam.

10,000 in your HSBC Bank savings account. In case of semi urban branch, Rs. 5,000 is needed to open a savings account along with a deposit of Rs. 2,500, whereas in rural branches, the minimum balance should be Rs.

Opening a bank account is generally a fast process that can take anywhere from a few minutes to a few days, depending on the financial institution and the type of account.

If you're referring to the actual process of applying, it can be as fast as 15 minutes or so. Approvals, however, may take anywhere from an instant to a couple days, especially at brick-and-mortar banks. Also, it can take a week or more to get physical checks and/or a debit card by snail mail.

Processing your application and issuing your account number could take a day or two. Opening a bank account online can be the easiest way to do so but it isn't likely to be the fastest. If you'd prefer to open an account in person, the process may take much longer (i.e. 30 minutes to an hour or more).

How long does it take? Many banks also have tight security measures, so that it can take quite a long time (up to four or five weeks) to open an account. It is very important that you have enough money available to cover your expenses during this period.