The HSBC Bank Account is a transactional account where a debit card is attached to the account to make daily transactions and payments. You can also use online banking to conduct other transactions such as bill payments, online transfers, transfers between your accounts and standing orders.
If you are an existing customer, you can open an HSBC Bank Account through online banking or, if you do not have an existing relationship with HSBC, you can make an appointment over the phone or in branch to open an account. This account can be opened as a single or a joint account.
You will be required to provide documentation if you open your account in branch. To ensure you have everything you need for your appointment, please review our guide to Your Account Opening JourneyYour Account Opening Journey This link will open in a new window. If you are an existing customer, you can open an account online using your online banking and no further documents are required.
The HSBC Bank Account is offered in BMD and USD only.
The minimum balance requirement to open an account is $100.
There is no maximum deposit amount for the account. You can deposit as much money as you like.
Yes, there is a monthly maintenance fee associated with the account. Please refer to the Fee Schedule for more information.
No, as this is a transactional account, interest is not paid on this account. If you’re interested in an interest bearing account, we have our Everyday Savings Account, Quarterly Bonus Saver and Fixed Term Deposits. To learn more about our interest bearing accounts, visit our savings page.
The HSBC Bank Account is a transactional account in which a debit card is the only instrument attached to the account to make transactions and payments. You can also use online banking to complete your transactions online. With a Chequing Account there are both personal cheques and a debit card available. Like the HSBC Bank Account, you also can access your account online using online banking to complete your transactions.
Our Bank Account and Chequing Accounts have different fees. Please refer to the Fee Schedule for more information.
Disclosure
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.
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