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Important Notices

Changes to HSBC Australia

On 31 July 2026, HSBC has announced that it will be closing its retail banking business in Australia, following a review.

HSBC has entered into a sale agreement for its home and personal loan portfolio, subject to regulatory approval. As part of this, Pepper Money is expected to manage and service these loans from the first half of 2027. HSBC and Pepper Money will be working together to ensure this transfer is a smooth experience for our customers. The remainder of HSBC Australia's retail banking business will be wound down in a phased manner over the next 18 months.

There is no immediate action required from you. For each product you hold, you’ll receive dedicated communications over the coming months.

Customer Redress Program 2026

Some HSBC customers would have received a notice that they are part of a redress program. Please visit our Frequently Asked Questions (PDF) page for more details.

Notice of Change

Effective 1 December 2025, we will be making changes to the HSBC Personal Banking Booklet and HSBC Transaction and Savings Account Terms. These changes will apply regardless of when you opened your product or services. Please click on the link below to see the summary of changes outlined in the Notice of Change.

International payments update

From 30 June 2025, international payments to Oman must use an IBAN (International Bank Account Number). From this date, payments using a BIC (Bank Identification Code) will fail.

Branch Closures

With the growing popularity of digital banking, many of our customers are enjoying the flexibility to bank whenever and wherever they want. As a result, we’ve made the difficult decision to close some of our branches. Find out more about this decision as well as other ways to bank with us.

Branch name State Closure date Documents
Joondalup  branch WA 30 July 2026 Notice
Branch name Joondalup  branch
State WA
Closure date 30 July 2026
Documents Notice