Opening an Account in HSBC Bank

Account Terms in HSBC

The first thing that attracts clients is the absence of minimum balance requirements. In addition, bank staff speak English, and account management is available in several ways:

• By phone — including mobile, but subject to service by certain telecom operators.
• Through online banking.

HSBC Bank has set the following fees:

• Account maintenance — free of charge.
• Card service — from USD 2.5.
• Transfers — from USD 19 + correspondent fee.
• Available turnover per card or account — up to USD 1,000,000.

Opening and activating an account takes about 2 months.

Which documents are required by HSBC Bank

To open an account, the beneficiary must be present in person. If the account signatory and the beneficiary are different individuals, this fact must be indicated before submitting the document package, as additional official papers may be required. As standard, HSBC Bank requests the following documents for each responsible and executive person:

• Copies of the national ID and passport, with originals presented.
• Proof of residence at the address indicated in the application — e.g., utility bill or other document.
• Company registration documents.
• Documents confirming business activity.
• A free-form company activity description.

How to quickly submit documents to HSBC Bank

Incluence provides support for cooperation with HSBC Bank. Our experienced specialists are ready to promptly outline the current list of documents required for your company, ensure the correct preparation of the application, and provide support until account details are received. If you have any questions or wish to book an initial consultation, fill in the online form on our website.