16 December 2019

HSBC offers homeless people bank accounts

Written By FinTech Alliance in Financial Inclusion

HSBC offers homeless people bank accounts

HSBC is working with UK charities to support homeless people.

In Brief:

  • People without fixed addresses or photo ID will be able to open bank accounts.

  • This has been piloted in Liverpool and sill now be rolled out.

  • Charities involved include Shelter and Crisis.

What does this mean?

A key issue for homeless people in getting back on their feet is the lack of an address or ID to gain a bank account and other public services. HSBC is working with charities to deal with this exclusion, and has caseworkers for those interested in the service.

Read more here.

 

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