HSBC and Lloyds Bank are two of the largest and oldest banks in the UK, offering a range of personal and business banking services, such as current accounts, savings accounts, loans, mortgages, credit cards, and more.

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Both banks offer different types of current accounts for personal customers, with various features, fees, and benefits. Some of the common features include online and mobile banking, contactless debit cards, overdraft facilities, cashback rewards, and access to savings accounts.

HSBC does not charge monthly fees for any of its current accounts, while some of Lloyds Bank's premium accounts do come with a monthly fee. However, Lloyds Bank also offers more perks and rewards for its premium account holders, such as interest on balances, lifestyle benefits, travel insurance, mobile insurance, and breakdown cover..

Both banks also offer business current accounts for different types of businesses, such as start-ups, small businesses, large businesses, and international businesses. Both banks offer free day-to-day banking for a limited period for new start-up businesses (18 months for Lloyds Bank and 12 months for HSBC). Both banks also offer free international payments and transfers for some businesses (for businesses with a turnover of over £3 million for Lloyds Bank and for all businesses for HSBC).

Both banks also offer savings accounts for personal and business customers, with different interest rates, terms, and conditions. Some of the common types of savings accounts include easy access accounts, fixed term accounts, regular saver accounts, cash ISAs, and children's accounts.

The interest rates offered by both banks vary depending on the type of account, the amount deposited, and the duration of the term. HSBC tends to offer higher interest rates than Lloyds Bank for most types of savings accounts. #ukbanks #currentaccounts #digitalbanking #moneytransfer #debitcard #internationalpayments #bankfees #exchangerates #onlinebanking #foreigndividends #remitly #payoneer