![](https://www.nerdwallet.com/ca/wp-content/uploads/sites/2/2023/03/HSBC.png)
HSBC Mortgage at a glance
HSBC provided Canadians with mortgages, credit cards, bank accounts and more, from 1981 to 2024. It was acquired by RBC, and all customers and products were moved to that brand.
The Royal Bank of Canada completed its acquisition of HSBC Bank Canada in April 2024. All of HSBC’s branches, products and services have migrated to RBC. HSBC is not accepting new mortgage applications.
Former HSBC customers now have RBC access. If HSBC was servicing your mortgage, you should be able to manage your account through RBC, according to RBC’s website. This includes lines of credit and home equity lines of credit.
Be on guard for fraud. RBC states that it will not ask for your banking information, personal details, usernames or passwords through email, text or over the phone unless you contact RBC first.
For more information about how your existing mortgage may be affected by the transition to RBC, contact a bank representative directly by visiting an RBC branch or calling RBC at 1-800-769-2503.
HSBC history
HSBC was founded as The Hongkong and Shanghai Banking Corporation Limited in 1865 to support trade activities connecting Europe, India and China. It grew to become one of the world’s largest banks, serving nearly 40 million customers in more than 60 countries.
HSBC operated in Canada since 1981. While it wasn’t officially considered one of Canada’s Big Six banks, it was a major force in the banking landscape.
START YOUR MORTGAGE JOURNEY
![Image Placeholder](https://www.nerdwallet.com/ca/wp-content/themes/nerdwallet/assets/images/nerdwallet-placeholder-310x207.webp)
NerdWallet Canada’s Mortgage Reviews
Shopping for a mortgage? We’ve reviewed Big Banks, brokers, B Lenders and online-only lenders — along with some of their most popular products — to help you finance your home purchase, refinance or renewal with confidence.
![The Best Mortgage Rates in Canada](https://www.nerdwallet.com/ca/wp-content/uploads/sites/2/2022/03/GettyImages-1270110980-e1647903056478-460x198.jpg)
The Best Mortgage Rates in Canada
Quickly explore Canadian mortgage rates from bank and non-bank lenders. Find the best fixed or variable mortgage rate for your home buying needs.
![Compare the Best 5-Year Fixed Mortgage Rates in Canada](https://www.nerdwallet.com/ca/wp-content/uploads/sites/2/2022/03/GettyImages-1270110980-e1647903056478-460x198.jpg)
Compare the Best 5-Year Fixed Mortgage Rates in Canada
Compare customized 5-year fixed mortgage rates from Canada’s best lenders and brokers for free. Find the lowest mortgage rate and apply for the home loan that best fits your needs.