All HSBCdirect Online Savings Account statements are available online. Every month you will receive an electronic statement via eStatements through your Personal Internet Banking account. eStatements lets you view, download or print up to the last 12 months of your Online Savings statements. eStatements look just like paper statements. They let us keep costs low so we can pass the earnings on to you with our high interest rate.

That is what I found from their website.  There are lots FAQs, link is:

http://www.hsbcdirect.com/1/2/1/faq?ceprod=ESAV&code=PPGA460000