HSBC UK vs Mettle: what each publishes
As of October 17, 2026, we hold published rules from HSBC UK on 0 of 7 industries and from Mettle on 4.
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 | Mettle |
|---|---|---|
| Crypto | No published rule | Depends on the activity |
| iGaming | No published rule | No |
| Adult | No published rule | No |
| Unlicensed financial services | No published rule | No |
| 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
Rules about countries
HSBC UK
No published rule
Mettle
No published rule
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 |
Mettle
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Mettle | Free to open ('It is free to open and hold a Mettle account') | None ('There is no monthly fee for our standard service') | · Source |
| Mettle+ | Free to open ('It is free to open and hold a Mettle account') | GBP 4 a month, optional ('You can choose to turn on Mettle+ for an extra monthly charge') | · 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.
Mettle
We can close your account at any time as long as we give you at least 90 days’ notice.
Licence
| Licensee | HSBC UK | Mettle |
|---|---|---|
| Licensee | HSBC UK Bank plc · bank authorised by the PRA and regulated by the FCA and the PRA (FRN 765112) | National Westminster Bank Public Limited Company (NatWest), trading as Mettle · bank authorised by the PRA and regulated by the FCA and the PRA (FRN 121878) |
| Regulator | FCA / PRA · | FCA / PRA · |