HSBC UK vs ICICI Bank UK: what each publishes
As of October 17, 2026, we hold published rules from HSBC UK on 0 of 7 industries and from ICICI Bank UK on 1.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Policy by industry
| Industry | HSBC UK | ICICI Bank UK |
|---|---|---|
| Crypto | No published rule | No |
| iGaming | No published rule | No published rule |
| Adult | No published rule | No published rule |
| Unlicensed financial services | No published rule | No published rule |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
HSBC UK
No published rule
ICICI Bank UK
No published rule
Rules about countries
HSBC UK
No published rule
ICICI Bank UK
1.2 ICICI Bank Plc provides account opening services for business banking products only to companies which are incorporated in the United Kingdom ("UK") or in India
Fees
HSBC UK
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Small Business Banking Account | Not stated | None ('No monthly account fee and free UK digital banking'); cash, cheque, CHAPS and international payments are charged | · Source |
| Business Banking Account (established businesses, Relationship Manager) | Not stated | None for the first 12 months for start-up and switcher customers, then GBP 10 a month | · Source |
ICICI Bank UK
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Business Current Account | GBP 250 account opening charge for a GBP account (USD 325 for USD, EUR 300 for EUR), per customer ID ('Physical Account Opening Charges at customer ID level') | GBP 0 a month when the average balance is below GBP 10,000 ('Monthly Account Maintenance (average balance below £10,000) at customer ID level') | · Source |
Closing an account
HSBC UK
We may withdraw any service, move you to a different account or tariff or close your account by giving you at least 2 months’ notice.
ICICI Bank UK
21.6 We can close your Account by giving you two months' notice of our intention to close your account.
Licence
| Licensee | HSBC UK | ICICI Bank UK |
|---|---|---|
| Licensee | HSBC UK Bank plc · bank authorised by the PRA and regulated by the FCA and the PRA (FRN 765112) | ICICI Bank UK PLC · bank authorised by the PRA and regulated by the FCA and the PRA (FRN 223268) |
| Regulator | FCA / PRA · | FCA / PRA · |