Is it safe to keep money in my currency wallets?

C
Written by Currencies
Updated 10 months ago

Yes.
We’re authorised by the FCA and follow strict rules to keep your money safe and secure. 

We ‘safeguard’ your money
As an Electronic Money Institution (EMI) we must protect your money with a system known as safeguarding.

Safeguarding requires your money to be kept in separate accounts to the money we use to run our business. This means that, in the unlikely event that we went out of business, you’d be likely to get back most (if not all) of your money. (In the insolvency process, customers are first in line to get money back.)

But don’t worry – we’re in great shape.

Highly rated
We have the highest credit rating from Dun and Bradstreet (level)

Established 1996
Trusted by over 425,000 clients.

Last year we looked after £10bn of currencies

You might find these helpful:

How is my money protected?
Safeguarding – the legal details
How is an EMI different from a bank?
What does the FCA do?

Did this answer your question?