Industry Finance and Insurance Website www.expat.hsbc.com Founded 1967 | Products Financial Services Headquarters Saint Helier Parent organizations HSBC, HSBC Bank | |
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Type Subsidiary of HSBC Holdings plc Subsidiaries HSBC Bank Nominee (Jersey) Limited Profiles | ||
HSBC Expat, formerly HSBC International, is the offshore banking arm of the HSBC Group and is wholly owned by HSBC Holdings plc , focusing on providing offshore solutions and cross border services to expatriates and migrants. It provides a full range of multi-currency personal banking services to a range of customer segments, including a full internet banking and telephone banking service. Sometimes referred to as "HSBC Offshore", the business also offers independent financial planning, and has representative offices all over the world, often working alongside local HSBC operations in those regions.
HSBC Expat originated from the business started by Midland Bank and is based in the Channel Islands. Its operations in the Channel Islands are centred on its registered headquarters on the seafront in St Helier, Jersey. Named 'HSBC House', the building comprises departments such as Premier, Global Funds & Investments, e-Business and a 24-hour 'Direct Banking Centre'. It has assets of less than £1bn. It previously had operations on the Isle of Man and Guernsey, but as of January 2013 has closed its branches in both of these locations.