HSBC Bank Plc

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.

Bank Category

Branches of foreign banks

Services

Retail Banking
Corporate Banking
Wealth Management

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.

Contacts

HSBC House, Ridgeway Street, Douglas, Isle of Man

HSBC Bank Plc is located in Douglas.

Bank Identifiers

BIC (SWIFT)
MIDLIM21
Company Number
000156F

Business Summary

Services
retail banking
corporate banking
wealth management
Eligible Clients
local clients

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.

Deposit Guarantee

Deposit Guarantee
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)
Covered Currencies  all
Maximum Protected Amount  50 000 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 and its components are shown in the table below.

BIC  MIDLIM21
Bank BIC Code  MIDL
Country Code  IM (Isle of Man)
Location Code  21
Branch Code  -

Company Registration Number

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.

Company Number  000156F