<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/sbse/sbseafiler" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SBSE-A/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <filerCik>0001582152</filerCik>
          <filerCcc>XXXXXXXX</filerCcc>
        </filerCredentials>
      </filer>
      <flags>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
    </filerInfo>
  </headerData>
  <formData>
    <applicant>
      <applicantOne>
        <applicantNFANumber>443649</applicantNFANumber>
        <fullApplicantName>HSBC Bank USA, N.A.</fullApplicantName>
        <irsEmplIdentNo>20-1177241</irsEmplIdentNo>
        <applicantNFAId>443649</applicantNFAId>
        <applicantCik>0001582152</applicantCik>
        <applicantUic>1IE8VN30JCEQV1H4R804</applicantUic>
        <mainAddress>
          <com:street1>1800 TYSONS BLVD.</com:street1>
          <com:street2>SUITE 50</com:street2>
          <com:city>MCLEAN</com:city>
          <com:stateOrCountry>VA</com:stateOrCountry>
          <com:zipCode>22102</com:zipCode>
        </mainAddress>
        <mailingAddress>
          <com:street1>ATRIUM BUILDING</com:street1>
          <com:street2>95 WASHINGTON STREET, SIXTH FLOOR</com:street2>
          <com:city>BUFFALO</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>14203</com:zipCode>
        </mailingAddress>
        <businessTelephoneNumber>716 841-7497</businessTelephoneNumber>
        <contactEmployee>
          <contactEmployeeName>
            <com:prefix>Mr.</com:prefix>
            <com:firstName>Robert</com:firstName>
            <com:lastName>Luckman</com:lastName>
          </contactEmployeeName>
          <title>Senior Assistant Vice President</title>
          <phone>224-880-8555</phone>
          <emailAddress>robert.d.luckman@us.hsbc.com</emailAddress>
        </contactEmployee>
        <chiefComplianceOfficer>
          <officerName>
            <com:prefix>Mr.</com:prefix>
            <com:firstName>Dustin</com:firstName>
            <com:middleName>T</com:middleName>
            <com:lastName>Natale</com:lastName>
          </officerName>
          <title>Chief Compliance Officer</title>
          <phone>212-525-5915</phone>
          <emailAddress>dustin.t.natale@us.hsbc.com</emailAddress>
        </chiefComplianceOfficer>
      </applicantOne>
      <applicantTwo>
        <applicantName>HSBC Bank USA, N.A.</applicantName>
        <applicantNFANo>443649</applicantNFANo>
        <isSwapDealer>Y</isSwapDealer>
        <isSwapParticipant>N</isSwapParticipant>
        <isCommissionDetermine>N</isCommissionDetermine>
        <isSelfDetermine>N</isSelfDetermine>
        <isMathematicalModels>Y</isMathematicalModels>
        <registeredAs>Swap Dealer</registeredAs>
        <isNonResidentEntity>N</isNonResidentEntity>
        <descriptionBusiness>HSBC Bank USA, HSBC USA's principal U.S. banking subsidiary, is a national banking association. Through HSBC Bank USA, we offer our customers a full range of commercial and consumer banking products and related financial services. HSBC Bank USA is also an international dealer in derivative instruments denominated in U.S. dollars and other currencies, focusing on structuring transactions to meet clients' needs.</descriptionBusiness>
        <isSubjectToRegulator>Y</isSubjectToRegulator>
        <prudentialRegulator>The Federal Reserve Board</prudentialRegulator>
        <prudentialRegulator>The Office of the Comptroller of the Currency</prudentialRegulator>
        <prudentialRegulator>The Federal Deposit Insurance Corporation</prudentialRegulator>
        <isInvestmentAdvisor>N</isInvestmentAdvisor>
        <isRegisteredAsOther>N</isRegisteredAsOther>
        <isEngageInOtherBusiness>N</isEngageInOtherBusiness>
        <isHoldFunds>Y</isHoldFunds>
      </applicantTwo>
      <applicantThree>
        <applicantName>HSBC Bank USA, N.A.</applicantName>
        <applicantNFANo>443649</applicantNFANo>
        <isRecordsKept>Y</isRecordsKept>
        <isOnBehalf>N</isOnBehalf>
        <isControlThroughAgreement>Y</isControlThroughAgreement>
        <isWhollyOrPartiallyFinance>N</isWhollyOrPartiallyFinance>
        <isSucceeding>N</isSucceeding>
        <isForeignRegulatory>N</isForeignRegulatory>
        <numberOfPrincipals>17</numberOfPrincipals>
        <isNotIdentified>N</isNotIdentified>
      </applicantThree>
    </applicant>
    <scheduleA>
      <applicantName>HSBC Bank USA, N.A.</applicantName>
      <applicantNfaNo>443649</applicantNfaNo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Jason</com:firstName>
          <com:middleName>Ryan</com:middleName>
          <com:lastName>Henderson</com:lastName>
        </individualName>
        <titleOrStatus>Chief Executive Officer</titleOrStatus>
        <dateTitleOrStatusAcquired>01/2020</dateTitleOrStatusAcquired>
        <dateBeganWorking>06/2006</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>527670</nfaIdentificationNo>
        <crdNo>007207400</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Alice</com:firstName>
          <com:lastName>Davey-Schroeder</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>10/2021</dateTitleOrStatusAcquired>
        <dateBeganWorking>10/2021</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>544044</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Melvin</com:firstName>
          <com:middleName>Louis</com:middleName>
          <com:lastName>Flowers</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>01/2022</dateTitleOrStatusAcquired>
        <dateBeganWorking>01/2022</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <ownershipCode>NA</ownershipCode>
        <nfaIdentificationNo>545796</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>George</com:firstName>
          <com:middleName>Wheeler</com:middleName>
          <com:lastName>Madison</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>01/2022</dateTitleOrStatusAcquired>
        <dateBeganWorking>01/2022</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <ownershipCode>NA</ownershipCode>
        <nfaIdentificationNo>545792</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>William</com:firstName>
          <com:middleName>Lloyd</com:middleName>
          <com:lastName>Hartmann</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>10/2022</dateTitleOrStatusAcquired>
        <dateBeganWorking>10/2022</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>469907</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Carol</com:firstName>
          <com:middleName>Hulit</com:middleName>
          <com:lastName>Larson</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>10/2022</dateTitleOrStatusAcquired>
        <dateBeganWorking>10/2022</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>552193</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Padma</com:firstName>
          <com:lastName>Elmgart</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>01/2023</dateTitleOrStatusAcquired>
        <dateBeganWorking>01/2023</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>553422</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Lisa</com:firstName>
          <com:middleName>K</com:middleName>
          <com:lastName>Polsky</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>01/2023</dateTitleOrStatusAcquired>
        <dateBeganWorking>01/2023</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>289945</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Edith</com:firstName>
          <com:middleName>Valentina</com:middleName>
          <com:lastName>Aviles De Kostes</com:lastName>
        </individualName>
        <titleOrStatus>Director</titleOrStatus>
        <dateTitleOrStatusAcquired>01/2024</dateTitleOrStatusAcquired>
        <dateBeganWorking>01/2024</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>561211</nfaIdentificationNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Andrew</com:firstName>
          <com:middleName>Thomas</com:middleName>
          <com:lastName>Fullam</com:lastName>
        </individualName>
        <titleOrStatus>Chief Financial Officer</titleOrStatus>
        <dateTitleOrStatusAcquired>04/2024</dateTitleOrStatusAcquired>
        <dateBeganWorking>01/2019</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>523453</nfaIdentificationNo>
        <crdNo>003094684</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Racquel</com:firstName>
          <com:middleName>Natasha</com:middleName>
          <com:lastName>Oden</com:lastName>
        </individualName>
        <titleOrStatus>US HEAD OF WPB</titleOrStatus>
        <dateTitleOrStatusAcquired>03/2024</dateTitleOrStatusAcquired>
        <dateBeganWorking>12/2023</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>562535</nfaIdentificationNo>
        <crdNo>002924699</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Dustin</com:firstName>
          <com:middleName>T</com:middleName>
          <com:lastName>Natale</com:lastName>
        </individualName>
        <titleOrStatus>Chief Compliance Officer</titleOrStatus>
        <dateTitleOrStatusAcquired>06/2025</dateTitleOrStatusAcquired>
        <dateBeganWorking>08/2024</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <ownershipCode>NA</ownershipCode>
        <nfaIdentificationNo>566004</nfaIdentificationNo>
        <crdNo>005581428</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Sara</com:firstName>
          <com:middleName>Faye</com:middleName>
          <com:lastName>Buscaglia</com:lastName>
        </individualName>
        <titleOrStatus>Chief Operating Officer</titleOrStatus>
        <dateTitleOrStatusAcquired>05/2025</dateTitleOrStatusAcquired>
        <dateBeganWorking>12/2002</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>534685</nfaIdentificationNo>
        <crdNo>004884059</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Goodwin</com:firstName>
          <com:middleName>Longstreth</com:middleName>
          <com:lastName>Cary</com:lastName>
        </individualName>
        <titleOrStatus>HEAD OF A BUSINESS UNIT, DIVISION OR FUNCTION</titleOrStatus>
        <dateTitleOrStatusAcquired>05/2025</dateTitleOrStatusAcquired>
        <dateBeganWorking>04/2008</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <ownershipCode>NA</ownershipCode>
        <nfaIdentificationNo>309237</nfaIdentificationNo>
        <crdNo>003092972</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>Shobit</com:firstName>
          <com:lastName>Thapar</com:lastName>
        </individualName>
        <titleOrStatus>HEAD OF A BUSINESS UNIT, DIVISION OR FUNCTION</titleOrStatus>
        <dateTitleOrStatusAcquired>09/2025</dateTitleOrStatusAcquired>
        <dateBeganWorking>07/2023</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <ownershipCode>NA</ownershipCode>
        <nfaIdentificationNo>571942</nfaIdentificationNo>
        <crdNo>005357622</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>JAD</com:firstName>
          <com:middleName>ELIAS</com:middleName>
          <com:lastName>ATALLAH</com:lastName>
        </individualName>
        <titleOrStatus>HEAD OF A BUSINESS UNIT, DIVISION OR FUNCTION</titleOrStatus>
        <dateTitleOrStatusAcquired>05/2026</dateTitleOrStatusAcquired>
        <dateBeganWorking>06/2004</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>577304</nfaIdentificationNo>
        <crdNo>005101011</crdNo>
      </scheduleAInfo>
      <scheduleAInfo>
        <individualName>
          <com:firstName>JOSEPH</com:firstName>
          <com:middleName>BRYAN</com:middleName>
          <com:lastName>SHEEHAN</com:lastName>
        </individualName>
        <titleOrStatus>HEAD OF A BUSINESS UNIT, DIVISION OR FUNCTION</titleOrStatus>
        <dateTitleOrStatusAcquired>05/2026</dateTitleOrStatusAcquired>
        <dateBeganWorking>08/2008</dateBeganWorking>
        <haveOwnershipInterest>N</haveOwnershipInterest>
        <nfaIdentificationNo>493675</nfaIdentificationNo>
        <crdNo>001676013</crdNo>
      </scheduleAInfo>
    </scheduleA>
    <scheduleB>
      <applicantName>HSBC Bank USA, N.A.</applicantName>
      <applicantNFANo>443649</applicantNFANo>
      <initialOrAmended>AMENDED</initialOrAmended>
      <sectionTwo>
        <recordsKeptDetails>
          <recordsKept>
            <responseType>Item 13A</responseType>
            <firmOrOrganizationName>Bloomberg Finance L.P.</firmOrOrganizationName>
            <firmUic>5493001KJTIIGC8Y1R12</firmUic>
            <firmAddress>
              <com:street1>731 Lexington Avenue</com:street1>
              <com:city>New York</com:city>
              <com:stateOrCountry>NY</com:stateOrCountry>
              <com:zipCode>10022</com:zipCode>
            </firmAddress>
            <firmEffectiveDate>11-22-2016</firmEffectiveDate>
            <descriptionArrangement>Bloomberg provides archiving services for records that have been sent to or received from HSBC via the Bloomberg Terminal.</descriptionArrangement>
          </recordsKept>
          <recordsKept>
            <responseType>Item 13A</responseType>
            <firmOrOrganizationName>Global Relay Communications Inc.</firmOrOrganizationName>
            <firmUic>549300HJFLJ92KTC1M15</firmUic>
            <firmAddress>
              <com:street1>220 Cambie Street, 2nd Floor</com:street1>
              <com:city>Vancouver</com:city>
              <com:stateOrCountry>A1</com:stateOrCountry>
              <com:zipCode>BC V6B 2M9</com:zipCode>
            </firmAddress>
            <firmEffectiveDate>08-17-2011</firmEffectiveDate>
            <descriptionArrangement>Global Relay Archive provides electronic message archiving for Bloomberg Bmail, Instant Bloomberg, ICE Chat, Symphony and Thomson Reuters Messaging records.</descriptionArrangement>
          </recordsKept>
        </recordsKeptDetails>
        <controlThroughAgreementDetails>
          <controlThroughAgreement>
            <responseType>Item 14</responseType>
            <firmOrOrganizationName>HSBC USA Inc.</firmOrOrganizationName>
            <firmNfa>0063886</firmNfa>
            <firmCikNumber>0000062348</firmCikNumber>
            <firmAddress>
              <com:street1>66 Hudson Boulevard</com:street1>
              <com:city>New York</com:city>
              <com:stateOrCountry>NY</com:stateOrCountry>
              <com:zipCode>10001</com:zipCode>
            </firmAddress>
            <firmEffectiveDate>03-27-2015</firmEffectiveDate>
            <descriptionArrangement>HSBC USA Inc. is the parent/holding company of HBUS.</descriptionArrangement>
          </controlThroughAgreement>
          <controlThroughAgreement>
            <responseType>Item 14</responseType>
            <firmOrOrganizationName>HSBC North America Holdings Inc.</firmOrOrganizationName>
            <firmNfa>0455687</firmNfa>
            <firmAddress>
              <com:street1>66 Hudson Boulevard</com:street1>
              <com:city>New York</com:city>
              <com:stateOrCountry>NY</com:stateOrCountry>
              <com:zipCode>10001</com:zipCode>
            </firmAddress>
            <firmEffectiveDate>11-15-2016</firmEffectiveDate>
            <descriptionArrangement>HSBC North America Holdings Inc. is the holding/parent company of HSBC USA Inc.</descriptionArrangement>
          </controlThroughAgreement>
          <controlThroughAgreement>
            <responseType>Item 14</responseType>
            <firmOrOrganizationName>HSBC Overseas Holding UK Limited</firmOrOrganizationName>
            <firmNfa>0455684</firmNfa>
            <firmAddress>
              <com:street1>8 CANADA SQUARE</com:street1>
              <com:city>London</com:city>
              <com:stateOrCountry>X0</com:stateOrCountry>
              <com:zipCode>E14 5HQ</com:zipCode>
            </firmAddress>
            <firmEffectiveDate>09-27-2018</firmEffectiveDate>
            <descriptionArrangement>HSBC Overseas Holding UK Limited is the holding/parent company of HSBC North America Holdings Inc.</descriptionArrangement>
          </controlThroughAgreement>
          <controlThroughAgreement>
            <responseType>Item 14</responseType>
            <firmOrOrganizationName>HSBC Holdings Plc</firmOrOrganizationName>
            <firmNfa>0453422</firmNfa>
            <firmCikNumber>0000873630</firmCikNumber>
            <firmAddress>
              <com:street1>8 CANADA SQUARE</com:street1>
              <com:city>London</com:city>
              <com:stateOrCountry>X0</com:stateOrCountry>
              <com:zipCode>E14 5HQ</com:zipCode>
            </firmAddress>
            <firmEffectiveDate>09-27-2019</firmEffectiveDate>
            <descriptionArrangement>HSBC Holdings Plc is the holding/parent company of HSBC Overseas Holding UK Limited.</descriptionArrangement>
          </controlThroughAgreement>
        </controlThroughAgreementDetails>
      </sectionTwo>
    </scheduleB>
    <scheduleF>
      <applicantNFANo>443649</applicantNFANo>
    </scheduleF>
    <execution>
      <date>05-13-2026</date>
      <nameOfApplicant>HSBC Bank USA, N.A.</nameOfApplicant>
      <signature>Robert D. Luckman</signature>
      <nameOfPersonSigning>Robert D. Luckman</nameOfPersonSigning>
      <titleOfPersonSigning>Senior Assistant Vice President</titleOfPersonSigning>
    </execution>
  </formData>
</edgarSubmission>
