Further to HSBC Bank Bermuda’s announcement on February 16th, 2022 to permanently close the Church Street branch on June 30th, 2022, we are writing to inform you that as a result of the branch closure, we shall also close the Commercial Drop Box Chutes at that location.
Effective December 6th, 2022 the Commercial Drop Box Chutes will no longer be in operation at the Church Street location
Should you wish to utilize other Commercial Drop Box Chutes, please visit one of the following locations.
Branch | Street |
|---|---|
Harbourview Centre | Reid Street |
Somerset | Mangrove Bay Road |
St. Georges | Water Street |
Compass Point Express Banking | Bermudiana Road |
We apologize for any inconvenience caused and thank you for your continued patronage
Base Lending Rate increase
Please be advised that effective 4 October, 2022 the bank will increase its base lending rates by 0.50%.
The base rate for Bermuda dollar commercial loans will increase from 4.25% to 4.75%. The base rate for Bermuda dollar residential mortgages and consumer loans will increase from 3.50% to 4.00%
Important information regarding new Polish Zloty (PLN) correspondent bank
Effective 1st September 2022, all outward Priority payments in PLN currency will be routed via the new correspondent bank, HSBC Continental Europe (Poland)
In order to avoid potential delays in processing inward PLN Priority payments, please provide the new routing information to anyone who may need to send PLN payments to your HSBC Bermuda account(s).
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