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HSBC: Business Banking reviews

2.12
Based on 213 reviews, last reviewed 14th Feb 2025
No new 5 star reviews
in the past 90 days
100% increase in 1 star reviews
in the past 90 days
See only 5 star reviews
18%
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13%
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8%
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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

Nervous Breakdown with HSBC 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 ... Read more Reviewed on: 14th February 2025
David's avatar
David

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.

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HSBC Business Banking reviews (213)

Magnificent

5
They are a magnificent bank, highly professional, down to earth and well recommended by myself. I am honoured to be part of HSBC Reviewed on: 30th March 2022

Embarrassing service - closure of business account

1
In this time and age I had to complete a PAPER document and send off to the bank's customer service team BY POST to close my business account. After 10 days HSBC had made an attempt to contact me, I wasn't able to answer the phone. I then wanted to call back, unsuccessfully. I requested a call back and the whole experience went totally south from then on. I've been transferred from one team to another, the last office I've been put through turned out to shut for the day and the line went dead...I still have no idea what is the status of my bank account closure, what was the purpose of HSBC contacting me and when this will be resolved. Chat option is just pointless. The queue is always long (approx 50 people) and no resolution provided. Online banking and app are very limited too which means long hours spend on a phone calling customer service. Very disappointing and will never recommend to anyone. Reviewed on: 28th March 2022

Making business banking difficult

1
I've just closed all my HSBC accounts and moved to Starling. It had become impossible to do what I needed to with a rapidly deteriorating customer service. Online banking and app clunky and limited, meaning too often then forced to phone...except I'd then be in call centre hell literally until my phone ran out of charge (and it was fully charged when I began). I can't believe that 2 years later they are still claiming their ridiculous wait time are "higher than usual due to the covid pandemic". Businesses that actually care adjusted a long time ago. On closing my account they claimed the balance back for themselves with no explanation ("account adjustment") - online chat told me I needed to phone to resolve that. I wasted 2.5 hours trying to get through to someone who could help - until yet again my phone ran out of charge. Gave it up as a lost cause - I'm trying to run a business; I can't waste hours trying to get through to an unhelpful and uncaring bank. So disappointed. I don't know what's happened to them Reviewed on: 18th March 2022

Exactly service

5
I opened online account it’s so easy and quick Reviewed on: 18th March 2022

Professional bank

4
HSBC is an old-style professional bank. Reviewed on: 11th March 2022

shocking customer service

1
No business managers in any of their branches. Takes hours to get through to somebody on the phone and they still have no idea how their online banking works, or how to pay off credit cards linked to the same account. Looking to change my commercial account due to the above. Avoid. Reviewed on: 11th March 2022

Brilliant bank

5
Easy to access , good customer service Reviewed on: 10th March 2022

No Complaints

4
It depends who your bank manager is when it comes down to business banking. We used to have a great one !!! I have not even spoken to the one we have now who has been our bank manager for 18 months and counting Reviewed on: 10th March 2022

The family tradition goes on using a global bank no matter what the size of the business.

5
I have been with HSBC since I was a child as my father, a farmer banked with them and I have continued the tradition. I set up a small one person business 10 years ago called Winnies Yorkshire Delights and before that a marketing company called Ruth English creating business and they have helped me set up an account, deal with the bounceback loan and maintain an accessible online prescence on my desktop and mobile and update security regularly. I am glad to say to say i have one an award, beating much larger businesses and I am in the finals for another one in 2022 Reviewed on: 9th March 2022

Good bank, quick responses

5
Good response when we needed an extended overdraft. Website normally up not much down time. Good chat help available on line Reviewed on: 9th March 2022

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