Expat Bank Account

If we have everything we need from you, you should expect to receive your welcome email in 7 to 10 days. If we need any more information, we’ll get in touch. Find out more.

If you're already an HSBC Expat customer and want to open a new sole or joint account, you can call us to apply.

HSBC Premier customer: Call: +44 1534 616 313

HSBC Advance customer: Call: +44 1534 616 212

We may monitor and record your communications with us. This is in the interest of security and to help us continually improve our service.

Your Expat Bank Account will be held in Jersey, Channel Islands, a regulated[@jerseyfinancialservicescommission] offshore jurisdiction. Jersey is one of the world's leading and best-regulated international finance centres as recognised by the OECD.

HSBC Expat is part of the HSBC Group, one of the world's largest banking and financial services organisations. Our global businesses serve around 40 million customers worldwide through a network that covers 64 countries and territories.

Your Expat Bank Account will be held in Jersey, Channel Islands, but you don’t have to live there yourself. In fact, the vast majority of our customers reside in other eligible countries around the world.

Check if you're in an eligible country and our other eligibility criteria

There is no monthly fee as long as you meet our eligibility criteria. You may be charged an underfunding fee if you don't continue to meet the eligibility criteria for your account. You can find out more about this and details of other fees and charges in our Tariff of Charges and Terms and Conditions.

HSBC is a reputable global bank with strong regulatory oversight and robust security measures in place to protect your funds and personal information. HSBC Expat is part of the HSBC Group, one of the world's largest banking and financial services organisations. Our global businesses serve around 40 million customers worldwide through a network that covers 64 countries and territories.

HSBC Expat is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website www.gov.je/dcs, or on request.

An offshore, or overseas, bank account is one that you have in a country you don't live in. They allow you to make and receive payments, hold money and set up savings and investment accounts in multiple currencies.

Offshore accounts, also known as offshore bank accounts or offshore savings accounts, can make it simpler to manage your financial commitments across multiple countries and regions.

Most expats have a bank account in their home country and another account in the country they're living in. Many also consider opening an offshore account, as this can be an effective way to save, invest and manage money while abroad.

Find out more about offshore banking

As a bank, we cannot give you legal advice and this article is not intended to do that. To the best of our knowledge, most countries in the world don’t prohibit their citizens from having accounts in other countries but if you're unsure, you should take professional advice in your country first.

To ensure that your offshore account is legally compliant, you should seek advice on questions like:

Consulting with a financial advisor, accountant or legal expert who specialises in international banking and tax law can help ensure that you are in compliance with all applicable laws and regulations.