HSBC Bank Plc., Luxembourg branch

Founded in 1880, HSBC Bank is a global universal bank providing various banking and financial services worldwide. HSBC Bank offers products and services in the following segments: retail banking and wealth management, commercial banking, global banking and markets, and global private banking. HSBC Bank Plc., Luxembourg branch operates as a branch of HSBC Bank plc (United Kingdom).

Bank Category

Branches of foreign banks

HSBC Bank Plc., Luxembourg branch participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Contacts

Dairy House, 16 boulevard d'Avranches, 1160, LUXEMBOURG, Luxembourg
+352 40 46 46 1
+352 27 025 720

HSBC Bank Plc., Luxembourg branch is located in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
BBDALULX
MFI ID
LUB00374
Start Date
July 1988

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of EU-banks operating in Luxembourg participate in deposit guarantee schemes of their home countries. This means that HSBC Bank Plc., Luxembourg branch participates in the deposit guarantee scheme of the United Kingdom.

In the case of HSBC Bank Plc., Luxembourg branch failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of HSBC Bank Plc., Luxembourg branch and its components are shown in the table below.

BIC  BBDALULX
Bank BIC Code  BBDA
Country Code  LU (Luxembourg)
Location Code  LX
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of HSBC Bank Plc., Luxembourg branch is shown in the table below.

MFI ID  LUB00374

European Presence: 20 banks in 17 countries

HSBC Bank Plc., Luxembourg branch operates under the brand name HSBC Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Bermuda

Czech Republic

France

Guernsey

Ireland

Isle of Man

Italy

Jersey

Luxembourg

  •  (this bank) HSBC Bank Plc., Luxembourg branch (LUXEMBOURG)

Malta

Netherlands

Poland

Spain

Switzerland

Turkey

United Kingdom

Defunct Banks: 3 banks in 2 countries

The following banks operating under HSBC Bank brand name has been recently closed down:

Cayman Islands

Jersey