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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, it's 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.

At HSBC UK branches, people without a fixed address can now open a bank account using a participating charity’s address as their proof of identity (as long as they are accompanied by a charity caseworker that is). This partnership allows the homeless to reconnect with society and helps break the cycle of financial exclusion.