Privacy Notice

LAST UPDATED: 20 July 2023

HSBC Innovation Bank Limited ("HSBC Innovation Banking," "we," or "us") wants you to be familiar with how we collect, use, and disclose data.

On 10 March 2023, HSBC Innovation Banking (previously known as Silicon Valley Bank UK Limited or “SVB UK”) was acquired by HSBC UK Bank plc under the Banking Act 2009. Prior to this, HSBC Innovation Banking was wholly owned by Silicon Valley Bank. On 27 March 2023, Silicon Valley Bridge Bank, N.A. was acquired by First Citizens Bank.

As HSBC Innovation Banking fully transitions to HSBC Group, further updates will be made to this Privacy Notice.

TABLE OF CONTENTS

  1. SCOPE AND APPLICATION
    This section sets out the applicability of this Privacy Notice and provides links to other applicable notices.
  2. THE DATA WE COLLECT ABOUT YOU
    This section describes the type of data we collect about you.
  3. HOW WE COLLECT YOUR PERSONAL DATA
    This section describes how we collect the Personal Data.
  4. HOW WE USE YOUR PERSONAL DATA
    This section describes how we use your Personal Data.
  5. HOW WE DISCLOSE YOUR PERSONAL DATA
    This section explains how we disclose your Personal Data.
  6. SECURITY
    This section describes the measures we have in place to protect your Personal Data.
  7. YOUR RIGHTS AND CHOICES
    This section describes the choices and individual rights that you may have with respect to your Personal Data.
  8. RETENTION PERIOD
    This section addresses the measures we have in place for retaining Personal Data.
  9. THIRD-PARTY SERVICES
    This section explains that we are not responsible for the information use, disclosure, security, and other practices of third parties.
  10. USE OF THE SERVICES BY MINORS
    This section explains that our services are not directed to individuals under the age of sixteen (16).
  11. JURISDICTION AND CROSS-BORDER TRANSFER
    This section addresses where Personal Data may be processed, and it identifies the measures in place for our transfer of Personal Data outside of the EEA and the UK.
  12. UPDATES TO THIS PRIVACY NOTICE
    This section explains that we may update this Privacy Notice from time to time and directs our users to the "Last Updated" legend above to learn when the notice was last updated.
  13. CONTACT US
    This section includes our contact details.