By late November 2009 the number of clients of Internet banking services of HSBC Bank Armenia reached 1600, CEO of HSBC Bank Armenia Timothy Slater told a PanARMENIAN.Net. According to him, by the end of this year this number is expected to reach 2 000. HSBC Bank Armenia invested USD 2 million to make Internet banking service available in Armenia from July 1 2009. Internet banking enables to do non-cash transactions from any place 365 days a year 24 hours a day, allowing customers to check their bank accounts, execute transactions, as well as open new accounts on-line.