What Do You Need To Open A Bank Account? – HSBC UK (2024)

FAQs

What Do You Need To Open A Bank Account? – HSBC UK? ›

As per the applicable regulations, it is mandatory to provide, the Accountholders' Permanent Account Number (PAN), Corporate Identification Number (CIN) or alternatively a declaration in Form No. 60 or 61, as applicable, under the Income Tax Act, 1961 and Rules made thereunder at the time of opening of the Account.

As per the applicable regulations, it is mandatory to provide, the Accountholders' Permanent Account Number (PAN), Corporate Identification Number (CIN) or alternatively a declaration in Form No. 60 or 61, as applicable, under the Income Tax Act, 1961 and Rules made thereunder at the time of opening of the Account.

You will also have to provide proof of your identity including your full name, date of birth and address. You usually have to show the bank two separate documents that prove who you are, for example, your passport, and where you live, for example, a recent bill.

Banking and support for expats in or from the UK.

We serve customers from over 40 countries, including British nationals at home and abroad, plus expats from countries including Germany, Spain, the USA and many more.

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

To become an HSBC Personal Banking customer, you must submit income proof of a monthly gross salary of Php50,000 (or its foreign currency equivalent). To maintain your HSBC Personal Banking account, there must be a monthly salary credit into your account.

What do I need to open a bank account? Here's what you'll need to open a bank account online or in person: a government-issued ID, personal details such as your Social Security number, and a way to fund your new account with an initial deposit.

Basic Bank Account. Our Basic Bank Account is designed only for customers who don't qualify for our other accounts (for example because they are insolvent, in financial difficulty or have a poor credit history). Learn about our Bank Account before applying, it may be more suitable and has some great benefits.

Can I open a UK bank account without a UK address? ›

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.

The top-rated UK banks for non-residents are Barclays, Lloyds Bank, Halifax, and Starling Bank. Each bank offers its own unique set of services. For instance, Lloyds Bank provides international money transfer services, such as international bank or savings accounts, for non-residents.

As a non-resident, opening a UK bank account will require a passport and drivers' license, but your bank may also request other documents, particularly one that shows your current address. Three months' worth of utility bills will be requested.

Keep your existing bank account

So, the answer to the question, “can I keep my UK bank account if I move abroad?”, is yes. Keeping your UK bank account open after moving overseas is the first option and there are a couple of reasons why you might choose to do this.

HSBC UK Bank plc is a British multinational banking and financial services organisation based in Birmingham, England. It is a wholly owned subsidiary of the global HSBC banking and financial group, which has been headquartered in London since 1993.

These actions, not limited to banks but also affecting investment accounts, result from the end of the EU passporting system that allowed UK banks to operate in the EU. Expats affected have options like specific expat bank accounts or transferring investments to non-UK institutions.

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.

If you live abroad and want to open a bank account in the UK, you need to prove your identity and residency. You will be asked to give information about your salary or wages and any other sources of income, as well as anything else the bank asks for.