Smart Money People Logo

HSBC: Business Banking reviews

2.09
Based on 215 reviews, last reviewed 9th Sep 2025
No new 5 star reviews
in the past 90 days
No new 1 star reviews
in the past 90 days
See only 5 star reviews
18%
See only 4 star reviews
13%
See only 3 star reviews
8%
See only 2 star reviews
5%
See only 1 star reviews
56%

Latest highest rating:

5

Very helpful ,professional team ,good app ,easy to o... Very helpful ,professional team ,good app ,easy to operate ,hsbc stand up with my company during corona virus ,all time I revive nite for assistance, ... Read more Reviewed on: 13th April 2024
Sam M's avatar
Sam M

Latest lowest rating:

1

Zero customer service Just opened a business account (quite an ideal in itself) and just received payment of our first invoice. Very exciting. We tried to make a payment on... Read more Reviewed on: 9th September 2025
Dan C's avatar
Dan C

About this product

HSBC business banking reviews at Smart Money People are helping other business people to fund out what being a business banking customer at HSBC is really like. With business banking and aspects such as access to finance being so important to many business owners, Smart Money People is becoming the UK's leading source of HSBC business banking reviews. Remember that you can write yours too, and join our mission to increase trust and transparency in financial services.

Review HSBC: Business Banking now

Help others make smarter decisions by sharing your own experience. Write a review

HSBC Business Banking reviews (215)

Zero customer service

1
Just opened a business account (quite an ideal in itself) and just received payment of our first invoice. Very exciting. We tried to make a payment only to find HSBC have frozen our account. Apparently they are complying with their legal obligations. What does that mean for us accessing our money? Both the payee and us are UK registered companies. Of course no one from the bank has contacted us and we can not speak to a human being about why or when access to our money will be restored. Very poor service no contact and no one to speak to. Reviewed on: 9th September 2025

Lame horse of a bank

1
Having banked for over a decade with HSBC, I have seen fees increase, interest rates on saving fall to near zero, and absolutely no business support. Mistakes are frequent and customer service is slow and unhelpful but will always say sorry for not helping, which again, does little to help. Reviewed on: 23rd June 2025

Nervous Breakdown with HSBC

1
For over 50 years, I placed my trust in HSBC (formerly Midland Bank), holding four accounts with them. But in the past two years, that trust has been shattered. The frustration and struggle I have endured with their customer service have been nothing short of exhausting. For the past month, I have been trying—without success—to complete the FATCA process. Each time the form is rejected, yet no one is willing to guide my accountant on how to correct it. It feels like shouting into a void, with no real support or solutions. To make matters worse, I attempted to apply for a business loan, only to find that my only option was an impersonal online form—one that was promptly rejected, with no clarity on how to proceed. I am now desperately searching for a bank that genuinely values its customers and provides in-person assistance when needed. If you care about your time, sanity, and financial well-being, I strongly advise avoiding HSBC—unless you’re willing to endure endless frustration and disappointment. Reviewed on: 14th February 2025

Archaic, 19th century bank.

1
Archaic, 19th century bank. Can't do anything online without filling out forms that disappear into the ether. If anything is wrong with them, they don't speak to you. Locked out of telephone banking after mis typing my security pin by 1 digit, once. No second try. Took over a business using HSBC banking in JUNE, and now in January of the following year, I STILL don't have access to online banking. I absolutely, categorically, hate this bank. Reviewed on: 30th January 2025

erratic access to my account

1
I have been a customer of HSBC a Reviewed on: 17th October 2024

Been with HSBC for 46 years which means NOTHING to them

1
Been with HSBC for my business and private account since the age of 16 (I'm now 62) Never really gone overdrawn in all that time and never been charged for the accounts. Now just because they had to pay out millions on PPi (which I did not claim) they start charging me. Contact them requesting drop the charge for £8 per month. Sorry no was the answer. So this proves THE BIG BANKS don’t value long standing customers and loyalty, only profits. I’ve already closed my private account and soon will close Business account and my Credit card with HSBC… See ya! Reviewed on: 19th July 2024

Wish I never went to them for the account.

1
Wish I never went to them for the account. No replies. No responses. No updates. Constantly being asked to wait a call back but nothing happens. No assistance on the phone when you get through. Wasting our time and now at risk of not being operational.Avoid like the plague. Reviewed on: 24th April 2024

Very helpful ,professional team ,good app ,easy to o...

5
Very helpful ,professional team ,good app ,easy to operate ,hsbc stand up with my company during corona virus ,all time I revive nite for assistance, follow up great Reviewed on: 13th April 2024

Phenomenally poor bank to deal with

1
Phenomenally poor bank to deal with with exceptionally high fees which was particularly galling. Reviewed on: 2nd April 2024

They clearly don't want small businesses and will us...

1
They clearly don't want small businesses and will use every trick to get rid of them Reviewed on: 15th March 2024

Do you have a different HSBC product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review
Are you a business? Get insights, reply to reviews, invite customers and understand their needs

Want to see more from HSBC?

  • Stocks and shares ISA

    from HSBC 4.78 from 6 reviews
    HSBC
  • Home Insurance

    from HSBC 4.46 from 7 reviews
    HSBC
  • Regular Saver

    from HSBC 4.44 from 25 reviews
    HSBC
    View all products