Terms and Conditions of Use

HSBCnet E-CHANNEL TERMS AND CONDITIONS

The pages of the HSBCnet E-Channel are secure and hence require you to access them by using your username and password. The following pages set out the HSBCnet E-Channel Terms and Conditions.

The General Terms and Conditions shall apply to your use of the HSBCnet E-Channel except that:

1. The General Terms and Conditions shall be amended as follows:

References to the ‘Site’

References to the ‘Site’ shall be read as a reference only to the HSBCnet E-Channel.

Contracting HSBC Group Member

The General Terms and Conditions shall be amended such that the member of the HSBC Group which enters into the General Terms and Conditions with you shall be deemed to be the following and references to ‘we’, ‘us’ and ‘our’ shall be read accordingly:

(a) If the company/organisation that you represent has entered into an agreement with a member of the HSBC Group for that member to provide the HSBCnet E-Channel to your company/organisation, then that member of the HSBC Group; or

(b) If the company/organisation that you represent has not entered into an agreement referred to in (a) above, then that member of the HSBC Group that provides the HSBCnet E-Channel to you.

Governing Law

The Governing Law set out in the General Terms and Conditions shall be amended so that all references to ‘England and Wales’ shall be read as references to the country/territory of the registered office for the member of the HSBC Group identified in the above paragraph ‘Contracting HSBC Group Member’.

2. The following additional provisions shall be incorporated into the General Terms and Conditions:

Notice to users of HSBCnet effecting transactions on U.S. accounts only

The HSBCnet E-Channel is not meant for personal use with regard to any accounts in the U.S. that you may request to be uploaded onto, and access via an HSBCnet Profile. By accepting these HSBCnet E-Channel Terms and Conditions, you agree that your access to and use of this HSBCnet E-Channel to effect transactions with regard to any such accounts in the U.S. is solely for business or commercial purposes and not for any personal, consumer, family or household purposes.

Customer Alerting Service

You may be offered the Alerting Service. If you use this service, the following terms and conditions will apply in relation to each alert (‘Alert’) that you receive:

Disclaimer:

Important notes: this Alert is for your reference only and has been automatically generated by the HSBCnet E-Channel. We have not verified the content of this Alert and bear no responsibility therefore. You should conduct your own verification and confirmation regarding the information including, without limitation, the status of any transaction mentioned in it.

Where this Alert is sent over the internet or by SMS text message, you should take note that such communication may be delayed, interrupted or could fail. In particular, email messages sent over the internet cannot be guaranteed to be timely, secure, error or virus-free as information could be intercepted, corrupted, lost, arrive late or contain viruses. Members of the HSBC Group shall bear no liability whatsoever for any direct, indirect or consequential loss arising from the use of this Alert whether caused by a member of the HSBC Group or third parties.

The information contained in this Alert is confidential and may also be legally privileged. If you are not the addressee, you may not copy, forward, disclose or use any part of it. If you have received this Alert in error, please delete it and all copies from your system and notify the sender immediately.

Third party market information that may be provided when you access the HSBCnet E-Channel

You may receive third party market information when you access or download reports or materials from the HSBCnet E-Channel. If you do, then you must be aware that we are obligated to provide your name and business contact details to such third party suppliers. By accepting these HSBCnet E-Channel Terms and Conditions, you agree that your name and business contact details may be shared with third party providers of market information.

Changes to the provisions in this document

We may change the provisions on these two pages in the HSBCnet E-Channel from time to time. Any changes will be notified to you and before they will apply to you, you will be requested to review the changes and accept them.

HSBCnet Website - Terms and Conditions Link opens in a new window