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 participates in deposit guarantee scheme of the Isle of Man. This scheme covers accounts up to 50 000 GBP per bank per depositor.
HSBC Bank Plc is located in Douglas.
HSBC Bank Plc provides products and services in the areas of retail banking, corporate banking, wealth management. HSBC Bank Plc makes its solutions available to local clients.
|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 the Isle of Man are obliged to participate in Manx deposit guarantee scheme.
In the case of HSBC Bank Plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||any credit balance on an account with a bank (for example, current accounts, notice accounts and fixed term accounts)|
|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 and its components are shown in the table below.
|Bank BIC Code||MIDL|
|Country Code||IM (Isle of Man)|
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.
The following banks operating under HSBC Bank brand name has been recently closed down: