If you've had a bank account with Silicon Valley Bank (SVB), then you should have by now received a notification from HSBC and/or HSBC Innovation Bank Limited to say that the account has been closed.
This will mean that customers who used their SVB with QuickBooks will no longer be uploading new transactions (due to account closure). To keep your transactions importing into QuickBooks, you'll need to connect your HSBC Innovation Bank Limited account. To connect to this bank in QuickBooks, you'll need to select 'HSBC Net (UK)' and use your new credentials.
Please note: we recommend you check your SVB UK closing statement for transactions dated after Thursday the 3rd August on your SVB UK account as these might not appear in QuickBooks.
