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20 May 2026

Demise of Free-Format Manual Payment Instructions from 31 May 2026

With effect from 31 May 2026, we will no longer accept free-format manual payment instructions. We encourage you to submit payment instructions electronically using our e-channels, or use Smartform (Telegraphic Transfer / Local Interbank Fund Transfer / In-House Transfer). Access Smartform here.

15 May 2026

Update to World Corporate MasterCard Cardholder’s Agreement – Mobile Virtual Cards

Mobile Virtual Cards will launch in June 2026. The terms and conditions have been updated to cater to Mobile Virtual Cards and will take effect from 16 June 2026. All existing terms for your other services remain unchanged. The revised terms and conditions can be viewed here.

15 May 2026

Update to Conditions of Use – Mobile Virtual Cards

Mobile Virtual Cards will launch in June 2026. The Condition of Use have been updated to cater to Mobile Virtual Cards and will take effect from 16 June 2026. The revised clauses can be viewed here.

Click here to read more notices.

HSBC business account opening process for SMEs

Opening an HSBC Corporate account

Back to HSBC Corporate Banking for SMEs

Take your next step with us

Apply for a business account online

Keen on banking with us?

Find out more about our account opening process and everything you need to get started

Open a business account in 3 easy steps:

Contact us by submitting the Business Account Enquiry form online.

We will get in touch with you shortly to understand your business requirements.

Our team will assist you in completing the onboarding process to set up your business account.

At HSBC, we are here to support your business as you take it to new heights. Our mission is to provide you with a simpler, faster and safer banking experience.


Account Opening Overview

5 Simple Steps

  • Step 1: Understanding your business
  • Step 2: Document submission
  • Step 3: Business appointment
  • Step 4: Review and account opening
  • Step 5: Account activation

Understanding your business

Here’s an overview of the information we’ll need during the account opening phrase:

  • Identity documents
  • Source of wealth
  • Source of funds

Find out more about HSBC Business Banking for SMEs

Smarter Digital Banking Solutions

Make everyday banking easier with our all-new HSBCnet interface

Financing for SMEs

At HSBC, we believe in your vision just as much as you do. Through our lending solutions, we aim to give you access to the funding you need to help you take your business to an even greater level of success.

Dedicated Service and Expertise

Your dedicated Relationship Manager will help you optimise your finances so you can focus on your business.

Client Stories

Learn how these local SMEs owners overcame their challenges, turning opportunities into successful international businesses.

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Need help?

Get in touch to learn more about our banking solutions and how we can help you drive your business forward.