Business Banking

Open your business account with us

Spend less time banking and more time growing your business.

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.

Find out which account is right for you

Standard account for everyday banking needs

Business Vantage Account

Grow your business and manage your MYR account securely and conveniently via HSBCnet, our online banking service for businesses with wide range of easy-to-use features and secure banking services anytime and anywhere
Ability to expand and customise your business account with our list of curated solutions
Specific Terms & Conditions apply.

Foreign Currency Current Account

Expand your business overseas and allow you to receive and make payments in foreign currency without needing to convert to and from your MYR account
Manage your foreign currency account securely and conveniently via HSBCnet, our online banking service for businesses with wide range of easy-to-use features and secure banking services anytime and anywhere
Specific Terms & Conditions apply.

Elevate account for higher returns

Time/ Term Deposit Account

The account that earns you interest at an agreed rate, based on the sum of money deposited in MYR or Foreign Currencies with a choice of tenure from 1 month to 60 months
Seamless digital application via HSBCnet, our online banking service for businesses with wide range of easy-to-use features and secure banking services anytime and anywhere to place your time/ term deposit instantly.
Specific Terms & Conditions apply.

Call Deposit Account

The account that earns you interest at an agreed rate, based on the sum of money deposited MYR or Foreign Currencies with a choice of odd tenure from 1 day to 366 days
Seamless digital application via HSBCnet, our online banking service for businesses with wide range of easy-to-use features and secure banking services anytime and anywhere to place your time/ term deposit instantly.
Specific Terms & Conditions apply.

Standard vantage account high-volume cross border transactional

HSBC Global Wallet

Multi-currency wallet for easy international payments
Ability to pay and receive* like a local (HKD, USD, JPY, CNY, AUD, CAD, GBP, EUR and SGD) within the same or next day.
Manage your multi-currency wallet securely and conveniently via HSBCnet, our online banking service for businesses with wide range of easy-to-use features and secure banking services anytime and anywhere
HSBC Global Wallet Services Schedule apply.

*currencies Live: CNY, HKD, CAD, AUD, EUR, USD, GBP Coming soon: SGD, JPY, CHF

Member of Perbadanan Insurans Deposit Malaysia

Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor*.

*Click here for more details on PIDM protection.

Eligibility criteria

To open a new business current account or switch your business account to us, you’ll need to meet the following criteria:

• Have a business annual turnover between MYR 200 million to MYR 1600 million

• Be a Malaysian incorporated company

• Be a Private Limited Company, Public Limited Company or Partnerships

HSBC currently serves SMEs across Argentina, Bermuda, Canada, China, Egypt, France, Hong Kong(SAR), India, Indonesia, Malaysia, Malta, Mexico, Oman, Singapore, UAE, UK, Uruguay, USA.

If you don't see your location listed, please complete our enquiry form and our team will get back to you within local markets to complete.

Not eligible for a Business Banking account?

If you don't meet the above criteria please complete our business enquiry form and one of our Relationship Managers will be in touch.

If your business annual turnover is lower than above, explore our retail ofering; HSBC Fusion. With HSBC Fusion, you can manage your small business and personal accounts in one place.

If you'd like to learn more about our wider Commercial Banking offerings please go here or if you have personal banking needs, you can learn more here.

How do you apply?

If your business annual turnover is between MYR 10 million to MYR 200 million. You are kindly requested to follow the instructions to open a business banking account with us through these 3 simple steps - without needing to visit a branch.

Step 1:

Check your eligibility for account opening before applying online.

Step 2:

Fill in the application form with required personal and business details, by clicking the "Open your Account" button at the top or bottom of this page.

Step 3:

We will contact you shortly to understand your business requirements and help you through the process to set up your Business Account.

What you’ll need to apply

Access the right partner that is committed to solving your banking needs and helping your business growth.

Our mission is to provide you with a simpler and safer banking experience. Our team will assist you at each step of the account opening process.

Step 1: Check your eligibility for account opening before applying online.

Step 2: Fill in the application form with required personal and business details, by clicking the "Open your Account" button at the top or bottom of this page.

Provide relevant information about your company and start preparing the required documents to open your account by filling out the enquiry form below.
Here are the possible documents we may ask for, depending on your account requirements.

Corporates incorporated under Companies Act 1965

Certificate of Incumbency (COI - applicable to Company incorporated outside Malaysia
Board Resolution
NRIC/ Passport copies of all your connected parties (such as Shareholders, Authorised Signatories, Directors, etc)
Form 13 (Certificate of Change of Name)
Ownership structure chart signed by director (if applicable)
Company’s tax information

Corporates incorporated under Companies Act 2016

Certificate of Incumbency (COI - applicable to Company incorporated outside Malaysia
Board Resolution
NRIC/ Passport copies of all your connected parties (such as Shareholders, Authorised Signatories, Directors, etc)
Ownership structure chart signed by director (if applicable)
Company’s tax information

Partnership

Limited Liability Partnership Agreement or Partnership Agreement OR Partnership Deed (Not applicable for Enterprise)
Business Registration Certificate
NRIC/ Passport copies of all your partners
Audited Financial Statement OR Confirmation of Annual Revenue via Email
Mandates for Account of Partnership / Limited Liability Partnership

Law Firm

Indemnity Insurance Certificate
Letter of setup (Registration ) from Bar Council
NRIC/ Passport copies of all your partners
Annual practising certificate(s)/annual certificate(s) of registration issued by the Registrar of the profession’s governing body (for all partners/legal Assistant)
Audited Financial Statement OR Confirmation of Annual Revenue

Associations / Clubs / Cooperatives/Societies and Other Religious Bodies

Certificate of Registration (CoR)
By-Laws/Charter/Constitution Document
Latest minutes of Annual General Meeting (AGM)/Agenda
Verification documents of Beneficial Owners / Shareholders, Authorised Signatories, Directors, Connected Parties
NRIC (Malaysian)
Government Issued National ID or Passport (foreigners)
Proof of Address

Trust

Certificate of Registration of Trust
Trust Deed
NRIC/ Passport copies of connected parties (such as Protector, Settlor, Trustee and Beneficiaries)
Ownership structure chart signed by director

Foundation

By-Laws/Full or Partial Foundation Charter/Constitution Documents
NRIC/ Passport copies of Office Bearers (such as Founder, Council Member, Advisor and etc)
Certificate of change to any registered particulars of a society / club / association /equivalent (If any change of name)
List of Office Bearers/Councillors
Registration issued by the Registrar of the profession’s governing body e.g.. The Registry of Societies of Malaysia or equivalent
Minutes of Meeting or Resolution

Step 3: We will contact you shortly to understand your business requirements and help you through the process to set up your Business Account.

Things you should know

Business Banking Tarif Price list

Business Banking

Start banking with us

By providing your business details we can direct your enquiry to our most experienced advisor

Enquire about Account Opening

Every customer enquiry is important to us. By providing details about your business we can direct your enquiry to our most relevant team member. Please don’t enter confidential information such as your bank account details here. All fields are mandatory unless otherwise indicated as optional.

First name *

Last name *

Job Title *

Business e-mail address *

Company name *

Industry *

Business phone number *

Company location *

Business Turnover (Group revenue)*

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I give my consent to HSBC to process, transfer and disclose my information/ personal data to enable HSBC and its affiliates to market products and services to you, including sending marketing and promotional materials.*

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If you’d like to expand your business, get in touch today to learn more about our business banking solutions.

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