In providing banking and financial services in Australia, HSBC Bank Australia Limited, and Hongkong and Shanghai Banking Corporation Limited, Sydney Branch ("HSBC", "we" "us") are bound by the Australian Privacy Principles under the Privacy Act 1988 (Cth) ("the Privacy Act"), our general law obligations of confidentiality to you and all other applicable guidelines and codes nationally.
All members of the HSBC Group take privacy seriously and are committed to observing HSBC’s privacy policies and information handling practices.
The HSBC Group is comprised of all its offices, branches, holding companies, subsidiaries, affiliates and any other entity in respect of which HSBC Holdings plc owns (directly or indirectly) 50% or more of the issued voting share capital or stock.
HSBC may disclose Personal Information to a number of HSBC Group companies and overseas Service Providers. For a list of countries in which HSBC operate and to whom it may disclose Credit Information, visit our website at www.hsbc.com.au or such other website as notified by HSBC (the "Website").
Personal Information is information or an opinion about you, or information or an opinion that may reasonably identify you, whether or not the opinion is true or not and whether or not the information is stored in material form or not.
We may collect the following Personal Information about you:
We may also collect information about your credit worthiness, credit history, credit eligibility, repayment history information and default information. For further information about how we collect, store and handle credit information please refer to our Credit Information Management Policy.
HSBC collects Personal Information from you:
There may be instances where we collect Personal Information about an individual from third parties who have applied for a product or service that we offer, such as:
Where a customer deals with us via an agent or attorney we will also collect the Personal Information of the agent or attorney when or before we deal with such person(s). We may also receive your updated Personal Information from third parties where we are trying to locate you.
If you have an account with us, we will collect information regarding transactions on such account including the account details of the recipient of funds.
In the event we receive unsolicited Personal Information, we will determine within a reasonable period after its receipt whether or not we could have collected such Personal Information under the Australian Privacy Principles. If we determine that we could not have collected such Personal Information under the Australian Privacy Principles and the information is not a Commonwealth Government identifier, then we will as soon as practicable either destroy the Personal Information or otherwise ensure it is de-identified, provided that it is lawful to do so. Otherwise, we will hold, use and disclose such Personal Information in accordance with this policy.
HSBC holds your Personal Information in the following ways:
We collect the Personal Information we need to provide products and services we offer, which includes a broad range of credit, deposit, insurance and other financial products.
We collect, hold and disclose Personal Information for the following purposes:
Below are the organisations to whom we disclose your Personal Information. This is not an exhaustive list.
Where you apply for a credit product
Where we issue a deposit power bond at your request in connection with the purchase of a property
Government bodies, etc.
Personal Information may be used and disclosed for prudential, risk management and corporate government purposes. We may, only under proper authority, be required from time to time to disclose your Personal Information to local or overseas governmental or judicial bodies or agencies or regulators. We may also disclose your Personal Information to these bodies for law enforcement purposes or where HSBC or an HSBC Group member has a public duty to disclose your Personal Information.
The security of your information is important to HSBC and we take all reasonable precautions to protect your information from misuse, loss, unauthorised access, modification or disclosure.
Some of the ways we protect your Personal Information include but are not limited to:
Do not access Internet Banking from computer terminals which are shared with other users (e.g. Internet cafés), as it is difficult to ensure these computers are free of hacker programmes (someone might be able to access your personal/account information) as well as your Personal Information may be retrievable from the hard drive of such computers.
Being a global organisation, the HSBC Group leverages its global synergies to provide its products and services its customers. As such, HSBC may disclose your Personal Information to members of the HSBC Group located overseas in countries where we operate. A list of these countries can be found at www.hsbc.com.au, which may be updated from time to time.
All HSBC Group entities are required to comply with the higher information protection standard of either the HSBC Group Privacy Statement, which is based on the United Kingdom’s Data Protection Act 1999 (UK), which is a UK law similar to the Privacy Act 1988 (Cth) or local laws in the country in which the HSBC Group entity is operating. HSBC also must comply with its general law duty of confidentiality to you.
As such, if you apply for, or we provide you with, a product or service, you consent to the disclosure of your Personal Information to our offshore HSBC Group entities. Such HSBC Group entities will manage your Personal Information in accordance with the above requirements and for this reason we will not have to take such steps as are reasonable in the circumstances to ensure that HSBC Group entities do not breach the Australian Privacy Principles as such HSBC Group entities will be complying with HSBC’s Group Privacy Statement.
We rely on the Personal Information we hold about you in conducting our business. Therefore, it is important that the information we hold about you is accurate, complete and up-to-date. This means that from time-to-time we may ask you to tell us if there are any changes to your Personal Information. If you find that the Personal Information we hold about you is incorrect, please advise us immediately. To do so, you can visit an HSBC branch, call 1300 308 008 or write to The Privacy Officer at HSBC Bank Australia Limited, GPO Box 5302, Sydney NSW 2001.
For Personal Information held on our Global Banking and Markets, Commercial Banking or Business Banking customers, please contact your Relationship Manager in the first instance to discuss your situation. HSBC will correct information it has about you if it discovers, or you are able to show to a reasonable standard, the information is incorrect. If you seek correction and HSBC disagrees that the information is incorrect, HSBC will provide you with its reasons for taking that view.
In the event HSBC does not agree to correct your Personal Information you have a right to request the publication of an associated statement. At the time, HSBC will advise how to do this.
Individuals who would like more information about HSBC’s approach to privacy, or would like to find out what information we hold about them, are encouraged to visit an HSBC branch, call 1300 308 008 or write to The Privacy Officer at HSBC Bank Australia Limited, GPO Box 5302, Sydney NSW 2001.
For Personal Information held on our Global Banking and Markets, Commercial Banking or Business Banking customers, please contact your Relationship Manager in the first instance to discuss your situation.
For access to Credit Information we hold about you, please refer to our Credit Information Management Policy at www.hsbc.com.au.
Generally, HSBC allows individuals access to the information it holds about them within a reasonable time after they have made a written request for access. In some instances, HSBC will refuse to give an individual access to requested information. Unless HSBC is unable to do so, it will provide the individual with the reason they have been refused access.
HSBC may also decide to provide you with limited information. Unless HSBC is unable to do so, it will provide the individual with the reason the request has been limited. This may be because the process you are asking about is commercially sensitive or the request is vexatious or frivolous or we are prevented from disclosing this information at law.
HSBC may charge a fee for informing an individual what Personal Information it has about them. This fee will be charged to cover HSBC’s reasonable costs in locating and supplying the information. Following the receipt of your requests for access to Personal Information, HSBC will be in contact and provide you with an estimate of the charges applicable.
If you have concerns about the way in which we have handled your Personal Information or our compliance with the Australian Privacy Principles, you should contact our Customer Relations team.
At HSBC Bank Australia Limited we are committed to the delivery of excellence through the highest customer service standards.
Whether you are providing feedback, paying a compliment or making a complaint, your input is the key to inspiring our products and services.
There are several ways that you can lodge a complaint or provide feedback above we have handled your Personal Information or our compliance with the Australian Privacy Principles :
By Phone (8am to 7pm AEST):
Toll Free: 1300 308 188
+61 2 9005 8181
+61 2 9255 2647
Customer Relations Team
HSBC Bank Australia Limited
Level 36 - Tower 1 - International Towers Sydney | Barangaroo South
100 Barangaroo Avenue
Sydney NSW 2000
Alternatively, you can visit an HSBC Branch to discuss your situation. Global Banking and Markets, Commercial Banking and Business Banking customers should contact their Relationship Manager directly in the first instance.
You should advise the Customer Relations team or your Relationship Manager that your concern is in relation to a privacy matter and provide full details of your concern so that we may appropriately investigate. We may ask you to place your concerns in writing in order for us to fully understand and investigate the issues you have raised.
If you are not satisfied with the outcome of your complaint to us, you can contact the Financial Ombudsman Service by calling them on 1300 78 08 08, visiting their website at www.fos.org.au or writing to them at GPO Box 3 Melbourne VIC 3001. This is a free dispute-resolution service of which HSBC is a subscriber.
You can also go to Office of the Information Commissioner, by calling them on 1300 363 992, writing to them at either GPO Box 5218 Sydney NSW 2001 or GPO Box 2999 Canberra ACT 2601, or e-mailing them at email@example.com or visiting their website at www.oaic.gov.au
We will attempt to respond to your complaint as soon as possible. However, where a matter is complex, we will write to you and advise you that we will attempt to resolve the matter within 30 days. If we need more time we will ask you for an extension to this period and give you the reasons why we need to have the period extended. If you do not consent to the extension sought by HSBC, we may not be able to resolve your complaint.
Where you have a joint account with an individual or a number of individuals we will permit access to the account details and the operation or conduct of the account but will not provide you with access to the other individual’s Personal Information unless the person you have the joint account with has provided their consent or the law or a court order requires us to.
Cookies are pieces of information that a website transfers to your computer’s hard disk for record keeping purposes and which allow us to provide you with customised services. Cookies can make the web more useful by storing information about your preferences on particular sites, thus enabling website owners to provide more useful features for their users. They can also help us provide information which is targeted to your interests. Cookies contain no name or address information or any information that will enable anyone to contact you via telephone, e-mail or any other means.
Our web pages may contain electronic images, known as web beacons or spotlight tags. These electronic images enable us to count users who have visited certain pages of our website. Web beacons and spotlight tags are not used by us to access your Personal Information, they are simply a toll we use to analyse which web pages customers view, in an aggregate number.
From time-to-time we or other members of the HSBC Group may use your Personal Information to inform you about our or other members of the HSBC Group’s products and services including special offers. We obtain your consent to market to you in the application form for our products or services unless you have specifically stated that you do not want us to contact you for this purpose.
If you do not wish to receive this information or wish to know the source who provided us with your Personal Information, simply let us know by visiting an HSBC branch, calling 1300 308 008 or writing to HSBC at GPO Box 5302, Sydney NSW 2001.
You can change your mind about receiving information about our products and services at any time. Simply let us know by phoning the above number or writing to the above address.
HSBC does not disclose your Personal Information to organisations outside of the HSBC Group for the purposes of allowing them to direct market their products or services to you unless you have otherwise consented.
If the law requires us to provide you with information about our products or services, we will provide that information to you even if you have elected not to receive information about our products and services generally.
If you deal with us by telephone it is possible your call may be monitored or recorded. The purpose of doing this will depend on which part of our business you are dealing with. We may record or monitor your call for training, quality, verification, consent, or authentication purposes.