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US citizens in the UK · Institutions

Which HBL Bank UK accounts accept US citizens

Last checked

HBL Bank UK has been checked for US citizens across 2 account types. Both are open to a US person.

If you already have an account with HBL Bank UK, a second one there is usually the easier application, because HBL Bank UK has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was last updated.

At a glance

Account type Verdict Accounts Updated
Current accounts Accepts US citizens 2
Savings accounts Accepts US citizens 7

Current accounts

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Accepts US citizens
Updated

States plainly that it welcomes US persons who meet their FATCA obligations.

FSCS £120,000 · branch, post or online

Account Terms The catch
Current Account (GBP)
Monthly fee
Free
Interest
None; HBL does not pay interest on current accounts
Abroad
2.5% on international card purchases; 2.0% on cash withdrawals outside the UK
 —
Current Account (USD)
Monthly fee
Free
Interest
None; HBL does not pay interest on current accounts
Abroad
2.5% on card purchases in the UK and abroad; 2.0% on cash withdrawals outside the UK
 Useful if you need to hold dollars alongside sterling.

Source: HBL FATCA FAQ (provider) HBL Bank UK's own page

Savings accounts

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Accepts US citizens
Updated

HBL sets no nationality condition on savings: you need to be 18 or over, pass its checks and apply in branch. Its fixed term deposits need an existing HBL account and it publishes its sterling rates, with euro rates quoted on request. The US taxes the interest as ordinary income.

FSCS £120,000 · open in branch in London or Manchester, then manage online

Account Terms The catch
GBP Fixed Term Deposit (6 months)
Access
Fixed term
Rate
2.70% AER, fixed
Term
6 months
Rate as of
 Rate fixed for the term; apply with HBL's fixed term deposit form. Interest can be paid to another account, and the deposit can roll over at maturity.
GBP Fixed Term Deposit (1 year)
Access
Fixed term
Rate
2.65% AER, fixed
Term
1 year
Rate as of
 Rate fixed for the term; apply with HBL's fixed term deposit form. Interest can be paid to another account, and the deposit can roll over at maturity.
GBP Fixed Term Deposit (3 months)
Access
Fixed term
Rate
2.60% AER, fixed
Term
3 months
Rate as of
 Rate fixed for the term; apply with HBL's fixed term deposit form. Interest can be paid to another account, and the deposit can roll over at maturity.
GBP Fixed Term Deposit (1 month)
Access
Fixed term
Rate
2.55% AER, fixed
Term
1 month
Rate as of
 Rate fixed for the term; apply with HBL's fixed term deposit form. Interest can be paid to another account, and the deposit can roll over at maturity.
GBP Fixed Term Deposit (2 years)
Access
Fixed term
Rate
2.45% AER, fixed
Term
2 years
Rate as of
 Rate fixed for the term; apply with HBL's fixed term deposit form. Interest can be paid to another account, and the deposit can roll over at maturity.
GBP Fixed Term Deposit (3 years)
Access
Fixed term
Rate
2.25% AER, fixed
Term
3 years
Rate as of
 Rate fixed for the term; apply with HBL's fixed term deposit form. Interest can be paid to another account, and the deposit can roll over at maturity.
Instant Savings Deposit
Access
Easy access
Rate
1.00% AER, variable
Rate as of
 Must be opened in branch.

Source: HBL Bank UK savings fact sheet, 2026-08-17 HBL Bank UK's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.

 Tax

FBAR

If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.