In addition, SVB Global Services India LLP is a non-bank subsidiary of SVB Financial Group in Bangalore, India, which provides IT and back-office support. [26] In general, we do not rely on consent as a legal basis for processing your personal data. However, in relation to sending direct marketing communications, we may rely on legitimate interests or your consent. If you do not wish to receive marketing materials, you may unsubscribe from these marketing communications at any time by following the unsubscribe instructions in the marketing communications or by contacting us. Welcome! This website is provided subject to these Terms of Use (“Terms”) by SVB Financial Group, located at 3003 Tasman Drive, Santa Clara, California 95054 (“SVB”). For purposes of these Terms, “Website” means the entirety of this Website, including all content, services, information and portions thereof. These Terms are a legal agreement and your use of this website constitutes your acceptance of the terms contained herein and SVB`s Privacy Policy contained herein, which describes what information we collect, how we use your information and with whom we share it and how we protect your information. If you do not agree to these Terms or the Privacy Policy, you must not use this website. Silicon Valley Bank (SVB) was founded in 1982 by Bill Biggerstaff and Robert Medearis through a poker game.

The first office opened in 1983 on North First Street in San Jose. The Palo Alto office opened in 1985. [3] The Bank`s main strategy was to collect deposits from venture-backed companies. It then expanded to banking and financing venture capitalists themselves, adding services designed to enable the bank to retain its customers as they mature after its start-up phase. In 1986, SVB merged with National InterCity Bancorp to open an office in Santa Clara.[4] In 1988, the bank completed its IPO and raised $6 million. That same year, they opened another office in San Jose. In 1990, the bank opened its first office on the East Coast, near Boston. The following year, the bank went international with the creation of Pacific Rim and Trade Finance.

[3] 1 free trial via SVB Edge up to three years from account opening for included services. Transactions processed, such as overdrafts, NSF cheques, returned items and picked up items, incur fees as described in the fee schedule. Click on the “Learn More” link above for more terms and details on the free trial with SVB Edge.2 Prices are effective March 24, 2020 and may be changed at any time before or after account opening. The 1.0% interest rate reflects SVB Startup Money Market accounts with deposit balances of up to $999,999.99. Click on the “More Information” link above for more terms and details about the SVB Startup Money Market account.3 Corporate and business card programs are subject to credit approval. You can find all the details of the program in the terms and conditions of the SVB Innovators card. Earning 2X Unlimited Rewards points is based on net purchases made on the SVB Innovators card. Click on the “More Information” link above for more details on the terms and details of the SVB Innovators card.4 All loans and debt solutions are subject to subscription, credit and collateral approval. The information provided or referenced is provided for informational purposes only and no warranty is given expressly or implicitly. Rates, terms, programs and subscription policies are subject to change without notice.

It is not an obligation to lend. Terms and conditions apply.5 Forex trading can be very risky and losses can occur over short periods of time when exchange rates move negatively. Exchange rates can be highly volatile and are influenced by many economic, political and social factors, as well as supply and demand and government intervention, controls and adjustments. Investments in financial instruments involve significant risks, including the possible loss of the amount of capital invested. Before entering into a foreign exchange transaction, you should seek advice from your own tax, financial, legal and other advisors and make investment decisions based solely on your own objectives, experience and resources. We collect personal information when you provide it to us, such as when you apply to open an account with us and receive banking or other services for personal, family or household purposes or on behalf of your employer. We also collect personal data when you register to use our services or receive our publications; request the sending of marketing materials; complete a survey or questionnaire; communicate with customer service or otherwise communicate with us; or provide us with your feedback. Your wealth advisor can work with banking, loan and trust experts to create a plan with you that can grow with you over time. In the table below, we describe how we use your personal data and the legal bases we rely on to do so.