General Content › General Content 2026-06-28 General Content General Content (1) The holder and any beneficial owner of the deposit have never been identified in accordance with money laundering requirements.
For further information, contact your bank, bank building society or credit union. (2) The deposit arises out of transactions in connection with which there has been a criminal conviction fo A deposit is excluded from protection if (1) The holder and any beneficial owner of the deposit have never been identified in accordance with money laundering requirements.
For further information, contact your bank, bank building society or credit union. (2) The deposit arises out of transactions in connection with which there has been a criminal conviction for money laundering. (3) It is a deposit made by a depositor which is one of the following • credit institution • financial institution • investment firm • insurance undertaking • reinsurance undertaking • collective investment undertaking • pension or retirement fund1 • public authority, other than a small local authority (4) It is a deposit of a credit union to which the credit union itself is entitled (5) It is a deposit which can only be proven by a financial instrument2 unless it is a savings product which is evidenced by a certificate of deposit made out to a named person and which existed in the UK, Gibraltar or a Member State of the EU on 2 July 2014) (6) It is a deposit of a collective investment scheme which qualifies as a small company3 (7) It is a deposit of an overseas financial services institution which qualifies as a small company4 (8) It is a deposit of certain regulated firms (investment firms, insurance undertakings and reinsurance undertakings) which qualify as a small business or a small company5 , refer to the FSCS for further information on this category (9) It is not held by an establishment of a bank, building society or credit union in the UK or, in the case of a bank or building society incorporated in the UK, it is not held by an establishment in Gibraltar.
For further information about exclusions, refer to the FSCS website at www.fscs.org.uk 1 Deposits by personal pension schemes, stakeholder pension schemes and occupational pension schemes of micro, small and medium sized enterprises are not excluded 2 As listed in Part I of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, read with Part 2 of that Schedule 3 Under the Companies Act 1985 or Companies Act 2006 4 See footnote 3 5 See footnote 3 hsbc.co.uk HSBC UK Bank plc.
Registered in England and Wales with number 09928412.
Registered Office: 1 Centenary Square, Birmingham B1 1HQ, United Kingdom.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Our Financial Services Register number is 765112.
Customer information: Customer Service Centre, BX8 1HB RFB1085 CMT0388 ©HSBC Group 2023..
All Rights Reserved. (b) a death, or the depositor's marriage or civil partnership, divorce, retirement, dismissal, redundancy or invalidity; (c) the payment to the depositor of insurance benefits or compensation for criminal injuries or wrongful conviction.
More information can be obtained under www.fscs.org.uk.
3 Limit of protection for joint accounts In case of joint accounts, the limit of £85,000 applies to each depositor.
However, eligible deposits in an account to which two or more persons are entitled as members of a business partnership, association or grouping of a similar nature, without legal personality, are aggregated and treated as if made by a single depositor for the purpose of calculating the limit of £85,000.
4 Reimbursement The responsible Deposit Guarantee Scheme is the Financial Services Compensation Scheme, 10th Floor Beaufort House, 15 St Botolph Street, London, EC3A 7QU, Tel: 0800 678 1100 or 020 7741 4100, Email ICT@fscs.org.uk It will repay your eligible deposits (up to £85,000) within 10 working days until 31 December 2023; and within seven working days from 1 January 2024 onwards, save where specific exceptions apply.
Where the FSCS cannot make the repayable amount available within seven working days, it will, until 31 December 2023, ensure that you have access to an appropriate amount of your covered deposits to cover the cost of living (in the case of a depositor which is an individual) or to cover necessary business expenses or operating costs (in the case of a depositor which is not an individual or a large company) within five working days of a request.
If you have not been repaid within these deadlines, you should contact the Deposit Guarantee Scheme since the time to claim reimbursement may be barred after a certain time limit.
Further information can be obtained under www.fscs.org.uk.
Other important information In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes.
Exceptions for certain deposits are stated on the website of the responsible Deposit Guarantee Scheme.
Your bank, building society or credit union will also inform you of any exclusions from protection which may apply.
If deposits are eligible, the bank, building society or credit union shall also confirm this on the statement of account.
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