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Homeless Bank Account

HSBC UK

Issue 60 | September 2021

Background

Without a fixed address of their own, homeless people find themselves in a lose-lose situation where not having a home makes it virtually impossible to open a bank account. Without a bank account they can’t claim benefits or store their money. Without an address and a bank account its harder to secure a legitimate job. All of which makes it harder to find a home. It’s a vicious circle that prevents these people from re-joining society’s system. HSBC UK’s values are OPEN, CONNECTED and DEPENDABLE, and the bank believes that as a nation, and as individuals, we thrive more when we are connected to something bigger than ourselves. Their brief was to help HSBC UK reconnect the homeless back into society.

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