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, Guernsey Branch participates in deposit guarantee scheme of Guernsey. This scheme covers accounts up to 50 000 GBP per bank per depositor.
HSBC Bank plc, Guernsey Branch is located in St Peter Port.
|Yes (up to 50 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Guernsey are obliged to participate in Guernsey's deposit guarantee scheme.
In the case of HSBC Bank plc, Guernsey Branch failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons|
|Covered Accounts||deposits by a natural person for his own benefits, account held by a parent for the benefit of his/her child|
|Maximum Protected Amount||50 000 GBP|
|Paid In Currency||GBP|
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, Guernsey Branch and its components are shown in the table below.
|Bank BIC Code||MIDL|
|Country Code||GG (Guernsey)|
HSBC Bank plc, Guernsey 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:
The following banks operating under HSBC Bank brand name has been recently closed down: