Switching to HSBC

 

Switching bank accounts to HSBC has never been easier

The Current Account Switch Service has been designed to be simple, reliable, hassle-free and is supported by our dedicated switching team.

For further information call us on 0345 587 3430. Lines are open Monday to Friday 8.30am - 6.00pm excluding public holidays. Calls may be monitored.

  • Exclusive offers for current account holders
  • Award winning products
  • Support network across branch, telephone and internet banking
  • Mobile banking app
  • Online tools, calculators and resources
  • Range of international services
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How the Current Account Switch Service works


Talk to our staff about switching to HSBC on a date that suits you. You can either do this in one of our branches or call us.

Day 1

Your old bank will be notified of your request to switch. You can continue to use your old account right up until your switch date.

Day 2-6

We'll take care of moving all your payments going out (for example, your Direct Debit and standing orders) and those coming in (for example, your salary).

Day 7

If you have money in your old account, we'll transfer it to your new account. Your old account will be closed and we'll contact you to let you know that the process is complete.

Current Account Switch Guarantee

Browse our current accounts

HSBC Advance

No monthly fee subject to meeting
eligibility criteria*

Overdraft rate 17.9% EAR
Representative example
(assumed overdraft £1,200):
17.9% EAR variable
.

*If you no longer meet the criteria, your account may be converted to a different account

Find out more

Bank Account

No monthly fee

Overdraft rate 19.9% EAR
Representative example
(assumed overdraft £1,200):
19.9% EAR variable

Find out more

HSBC Premier

No monthly fee subject to meeting
eligibility criteria*

Overdraft rate 11.9% EAR
Representative example
(assumed overdraft £1,200):
0% EAR variable on the first £500
and 11.9% EAR on the rest.

*If you no longer meet the criteria, your account may be converted to a different account

Find out more

Student Bank Account

No monthly fee

Overdraft rate 0% EAR
Representative example
(assumed overdraft £3,000):
0% EAR variable.

Find out more

Graduate Bank Account

No monthly fee

Overdraft rate 19.9% EAR
Representative example (assumed overdraft £1,200): 1st year 0% EAR variable on the first £1500, 2nd year 0% EAR variable on the first £1,000 and 19.9% EAR on the rest.

Find out more

Basic Bank Account

All the features you need for easy day-to-day banking

No monthly fee

Overdraft rate
N/A

Find out more

Ready to switch ?

Visit your local branch.

Find a branch


What you need to bring

Or call us on 0800 169 5422

Lines open Monday - Sunday 8am - 10pm, excluding public holidays. Calls may be monitored.

Things you need to know

Current Account Switch Guarantee

We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and hassle-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.

  • The service is free to use and you can choose and agree your switch date with us
  • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary)
  • If you have money in your old account, we will transfer it to your new account on your switch date
  • For 13 months, we will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details
  • If there are any issues in making the switch, we will contact you before your switch date
  • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges incurred on either your old or new current accounts as a result of this failure.
  • For more information, go to www.simplerworld.co.uk
Current Account Switch Guarantee Crystal Mark

You can choose your switch date

Once your new account is open you can choose any date to be your switch date, as long as it is in at least seven working days’ time i.e. seven working days’ time is the earliest you can switch.

What will happen on my switch date?

  • Your payments (such as Direct Debits, standing orders) will have all been transferred to your new account
  • Any credit balance from your old account will have been transferred to your new account
  • Your old account will be closed.
FSCS - Protecting your money