HSBC Malta to donate up to €20,000 for planting trees

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HSBC Bank Malta will donate €1 for every download of its new mobile app — capped at a maximum of €20,000 — to Nature Trust Malta, according to a press statement sent to Business Malta. Funds raised this way will be used to plant 2,000 new trees in 2020.

HSBC says its new app helps to streamline money transfers and also supports biometric login, such as Touch ID and Face ID for Apple and Fingerprint ID for compatible Android devices. Alternatively, users can use a six-digit PIN for logging in.

“We have decided to link the launch of our new app to an important local initiative which will see us donate up to €20,000 to Nature Trust Malta. In this way, anyone who downloads and uses the new app will also be supporting the environment,” said Dan Robinson, Head of Retail Banking and Wealth Management.

The mobile app uses up-to-date encryption technology, and allows users to view account details and balances, see their transfer history, as well as can transfer between their own accounts, pay a third-party account with HSBC Malta, pay a third-party account within the Single Euro Payments Area (SEPA) and also make payments to companies.

Nevertheless, for third-party transactions, the payees must first be set up through the bank’s personal internet banking platform.