HSBC Bank Plc

Business Focus
retail banking, corporate banking

HSBC Bank (Isle of Man) provides retail and business banking products and services to domestic customers. HSBC Bank (Isle of Man) also offers wealth management and expat banking solutions.

Bank Category

Branches of foreign banks

Services

retail banking
corporate banking
wealth management

Clients

local residents
international customers

Area Served

IMIsle of Man
internationally

Products

current accounts
debit cards
credit cards
savings accounts
consumer loans
mortgage loans

Account Opening

Becoming a client of HSBC Bank Plc can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements HSBC Bank Plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual HSBC Bank Plc will ask him/her to provide the following documents: passport or ID card; proof of address. For corporate clients HSBC Bank Plc will ask to provide corporate documentation as well as information about controlling persons. HSBC Bank Plc may request additional documentation or information depending on the case. HSBC Bank Plc performs client's identity verification via branch visit.

Ways to Bank

HSBC Bank Plc delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
phone

Deposit Guarantee

Protected Amount
up to 50,000 GBP
Guarantee Fund
Isle of Man Depositors’ Compensation Scheme
Covered Depositors
natural persons (Isle of Man and foreign)
legal entities (Isle of Man and foreign)
Covered Accounts
any credit balance on an account with a bank

HSBC Bank Plc participates in the deposit guarantee scheme of the Isle of Man. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons (Isle of Man and foreign), legal entities (Isle of Man and foreign) and covers up to up to 50,000 GBP per bank per depositor. HSBC Bank Plc is a member of Isle of Man Depositors’ Compensation Scheme and makes its contributions into it.

HSBC Bank Plc is a member of HSBC (United Kingdom).

Contacts

HSBC House, Ridgeway Street, Douglas, Isle of Man

HSBC Bank Plc is located in Douglas.

Social Networks

HSBC Bank Plc has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
MIDLIM21
Company Number
000156F

Bank Supervision

Supervised By
Isle of Man Financial Services Authority
Reference Number
1154

HSBC Bank Plc is authorized and supervised by the Isle of Man Financial Services Authority (reference number 1154).

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