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HSBC: Business Banking reviews

Name: Business Banking
Rating: 2.32 (217 reviews)

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2.16

Based on 217 reviews, last reviewed 5th Nov 2025

100% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

18%

12%

57%

Latest highest rating:

5

VANESSA - LINCOLN HSBC We have had a number of recent meetings with Vanessa from the Lincoln Branch. The service we received was exemplary on all occasions. Vanessa has gu... Read more Reviewed on: 21st October 2025

Latest lowest rating:

1

The worst bank in the UK by far I am a medium size business owner has has the unfortunate experience of banking with HSBC. They absolutely do not care about SME customers. Huge waiti... Read more Reviewed on: 5th November 2025

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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.

HSBC Business Banking reviews (217)

Review of the HSBC, Business Banking:

Complete mess from account opening to onboarding

Despite being an HSBC Customer for 30 years with a Mortgage with HSBC it still took 6 months to open a business bank account. Complete mess from start to finish. Local branch Canary Wharf failure to respond to account opening request made locally in branch and over email. Fobbed us off to another branch as "too busy". Great local branch manager in Stratford but arms tied. Complete various paper forms in person for multiple directors, return twice to branch to bring further information not requested before first meeting. Then radio silence. Had to chase branch for follow up. Finally an update / delay tactics by asking us to submit more information to branch. Account opening documents, cards, security cards sent late. First letter from bank wants welcome letter but an apology letter for not sending out the account terms and conditions. Most awful disjointed and lackadaisical customer experience. Finally get into bank account and the web app is the same old clunky unresponsive product HSBC have been hosting for the last 10 years. Main reason we opened withHSBC was for foreign exchange which you have to pay additional monthly charge for we only discovered after opening even though we mentioned to business manager it was the primary reason were opening. Doubt he even knew they had started charging for it. We opened an account with a Neo Bank competitor Starling - seamless onboarding, responsive customer centred team. App is modern and easy to use and offers continual new advances. For Foreign exchange we use Transferwise. When time is money for your business avoid HSBC as unnecessary time sink. Why trudge when you can sprint. Reviewed on: 3rd January 2020

Brilliant bank

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

No Complaints

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.

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

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

Appalling lack of service

HSBC used to be an excellent business bank until the lockdowns started, then the service went from excellent to extremely poor in a matter of 6 months. Not only have they closed numerous branches (my local one included) but it is now almost impossible to get through to business telephone banking by phone and, worse still, they are STILL using covid as an excuse. This is shocking and I suspect they have used covid to make thousands of UK call centre staff and UK branch staff redundant. They're now trying to force business customers to use live chat which is less than satisfactory and I suspect they are using overseas call centres to deal with live chat. From being the best business bank in the UK a couple of years ago, in my opinion they are now joint worst business bank alongside Barclays. Disgusting service and they show they don't want UK business customers. Reviewed on: 9th March 2022

The most unhelpful bank for business.

Our business has been banking with HSBC/Midland Bank for well over 80 years. We now apparently do not qualify for a business manager, and must use telephone contact - if we can wait for between 30 and 60 minutes. A first class Post Office letter of complaint to HSBC headquarters in mid December has received no reply. Reviewed on: 8th March 2022

Parish Council banking

Day to day transactions and business are easy but specific services for parish councils are very slow and dated. Forms need to be made available online and easy to navigate. Reviewed on: 8th March 2022

Great product

Good communcation .Fair pricing and products Reviewed on: 8th March 2022

Great bank for small business

In the 10 years I have used HSBC as our business bank, I am happy to say it has gone smoothly. The people I met or talked to always listened and took the time to assess the needs of the business and always delivered a solution. This is what we want from a bank: solutions adapted to the business. Reviewed on: 7th March 2022

Forward thinking and friendly

After having a business account with a different provider, we decided to switch to HSBC. We are delighted with our decision. Online business banking with HSBC is efficient, easy to navigate and professional. In addition to this, the branch staff are extremely friendly, helpful and knowledgeable. Great service and great experience. Reviewed on: 7th March 2022

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