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Safeguarding Funds
When funds are posted to your account, e-money is issued in exchange for these funds, by the Electronic Money Institutions that we work with.
These are Currencycloud, Equals, Alt21 and Ebury.
In line with regulatory requirements, Currencycloud, Equals, Alt21 and Ebury safeguard your funds. This means that the money behind the balance you see in your account is held at a reputable bank, and most importantly, is protected for you in the event of Currencycloud’s, Equal's, Alt21's, Ebury's, or our, insolvency.
Our partners stop safeguarding your funds when the money has been paid out of your account to your beneficiary’s account.
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