Starting a business in Bermuda

Are you looking to set up your business in Bermuda? HSBC has the local market knowledge and global expertise to help your business expand in this world class financial centre.

Starting a business and setting up banking facilities can be complex. Whether you’re starting a new business or moving your banking to us, HSBC can help you get your business started. Access and manage your money with a range of business accounts, a business savings account and a business credit card.

Find out how we can help you

✓ HSBC Business Accounts

Complete suite of business accounts comprising current and time deposits to meet your everyday banking needs. Available in Bermuda dollar (BD) and 9 other major currencies including AUD, CAD, EUR, HKD, JPY, NZD, GBP and USD.

✓ HSBCnet

Consolidate your transaction banking needs with HSBCnet. Pay bills, view account balances, and manage payments to your suppliers and clients both in Bermuda and globally. You can even access your business accounts from your smartphone using the HSBCnet mobile app.

HSBC can help your business get started:

We help businesses thrive. Whatever your size, we’ve got the business account for you.

✓ Set-up a business account

Your dedicated Relationship Manager will assist and guide you through the business account opening process.

✓ Set-up online banking

Customise your internet banking experience that keeps up with the mobility of your business.

✓ Help you navigate the business landscape in Bermuda

Your Relationship Manager and team of Cash Management specialists will identify the best solutions to support your operational and transactional needs following a business assessment.

Giving your business the best start

Visa business credit card

Manage your expenses. Business credit cards are available on request to you and your employees.

Mobile business banking

Bank on the go with our HSBCnet app Run your business from the palm of your hand. Make payments, view balances and transactions and manage standing orders and direct debits

Features

Bank 24/7 online

Online banking Mobile app Telephone banking

Convenient access

Visa credit cards Cheque book on request

Add-ons for flexibility as you grow

Credit & borrowing

Arranged overdraft Small Business Loans

International payments

International payments Foreign Currency Accounts

View more Full Business Banking Price List

Deposit Insurance Scheme

Bermuda dollar (BD) deposits of non-bank depositors are insured by the Bermuda Deposit Insurance Corporation, for up to BD$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Disclosure

Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.

Disclaimer

The Site is primarily intended for those who access it from within Bermuda. Because of this, we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking of investment activity or any offer to buy or sell any securities or other instruments outside Bermuda.

Need help?

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