Protecting Your Funds
Any funds held on a client’s behalf for the provision of a conversion or payment service are subject to safeguarding by our regulated e-money partners at a credit institution, ensuring that your funds are always safe and can be returned if SeifMoney goes into administration or liquidation.
Your funds are always separated from our company funds. If SeifMoney becames insolvent, the funds would form an asset pool from which e-money holders claims would be paid ahead of those of other creditors. SeifMoney has no control over the accounts of our clients (other than where specified in our Terms and Conditions) and is not preforming the safeguarding of funds itself.
Your funds are always separated from our company funds. If SeifMoney becames insolvent, the funds would form an asset pool from which e-money holders claims would be paid ahead of those of other creditors. SeifMoney has no control over the accounts of our clients (other than where specified in our Terms and Conditions) and is not preforming the safeguarding of funds itself.