HSBC Bank

HSBC Holdings plc is one of the largest banking groups that has launched its subsidiaries in England and Wales nearly 20 years ago. HSBC Bank, which is a part of the HSBC Holdings, is one of the major clearing banks in the United Kingdom. The body has around 85 000 employees (including subsidiaries) while the UK Headquarters are in London. The bank is listed on the New York Stock Exchange under the ticker symbol HBC and on the London Stock Exchange under HSBA. The bank offers a broad range of services and products: savings, investments, credit cards, loans, mortgages, insurance, international services.

SBC Premier is a good example of an attractive banking package that provides banking services anywhere and anytime plus an independent financial advisor. Savings can be tax-free, instant access, fixed rate, or specialist accounts (savings for children or retirement).

The Investment products are also various and include selected investment funds, ISA – tax efficient savings account, investment bonds, HSBC guaranteed capital account, sharedealing, and guaranteed income bond. HSBC also offers financial advice on the customer’s money management, retirement solutions, and personal investment news.

The essentials of the credit cards are that there is no charge for 15 months on balances transferred within 30 days of the account opening or on purchases for 3 months from the account opening. The typical APR is 16.9 % and there is no annual fee to be paid.

Customers can apply for their loans either online or by paper documents. If the client has a personal loan with HSBC and needs more money, he can apply for an another loan online. In addition, he is entitled to a deferred repayment. The provided mortgages differ by function, they can be offered to customers buying their first home or moving to a new one; borrowing more money, or buying to let. The bank’s Mortgage Matcher Consultants can be contacted to hear about mortgages from HSBC and other lenders.

The bank’s clients may purchase car, home, pet, sickness, unemployment, student, business or life insurance. They can make a travel insurance or CardGuard in order to protect their finances in cases of lost, stolen or fraudulently used card.
And last but not least, HSBC’s international services are offered for overseas purchases of property, having potential tax benefits for offshore investments.