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HSBC Safeguard

Here to protect you today, tomorrow and for the future 

 

In today's increasingly connected world, it's more important than ever to ensure your security - especially when it comes to banking. That's why we're introducing HSBC Safeguard.

What is HSBC Safeguard?

HSBC Safeguard is a series of initiatives to increase the protection we provide our customers against fraud. It ensures HSBC meets with compliance obligations in connection with the detection, investigation and prevention of financial crime across our global systems and processes.

It involves strengthening our ability to combat money laundering and the evasion of sanctions, as these are often the driver behind many financial crimes. In addition, we will no longer be offering products such as travellers' cheques, as we believe they are no longer a safe enough way for our customers to convert their money and we may review other products like this over time.

Up to date information is key to your protection

Our systems and processes rely on us having the most up-to-date information about all of our customers.
 
Therefore, we may contact you to:
  • confirm or update your existing personal or business details
  • provide some new information which may include original documents

We understand that this may cause some inconvenience, and we apologise in advance for this, but we will work with you to ensure the process is as simple and straightforward as possible.

What we'll do with your information

The new information we collect from you will solely be used to protect our customers and ourselves against financial crime. We take your privacy seriously, so we will protect all data and information you give us to the highest standard. The information you give us will not be used by any third parties for marketing purposes.

Telephone security

As a valued HSBC customer, we need to contact you by telephone from time to time to discuss some details concerning your financial arrangements. We have specifically designed telephone security questions which help us maintain confidentiality and keep your information secure. Security questions consist of series of simple questions about your personal and financial details, the bank will not ask you to disclose any details that can be used to access your accounts, like your HSBC Secure Key, debit/credit card PIN or CVV codes.

These security questions are usually asked at the call opening and we can not divulge the nature of the call prior to passing through this process.

More information

For more information on the initiative and why we're doing it, visit HSBC Safeguard.

Frequently asked questions

Approved and issued by HSBC Bank Malta p.l.c, (116, Archbishop Street, Valletta VLT 1444). HSBC is a public limited company regulated by the Malta Financial Services Authority and licensed to carry out the business of banking in terms of the Banking Act (Cap.371 of the Laws of Malta). HSBC is licensed to conduct investment services in terms of the Investment Services Act (Cap.370. of the Laws of Malta) and is enrolled as a Tied Insurance Intermediary for HSBC Life Assurance (Malta) Ltd under the Insurance Distribution Act (Cap. 487 of the Laws of Malta).

 

Disclaimer

 

The Site is primarily intended for those who access it from within Malta. Because of this we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking or investment activity or any offer to buy or sell any securities or other instruments outside Malta.

Listening to what you have to say about our services matters to us.