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Safeguarding

Safeguarding Your Funds

At Incard, your financial security is our priority. By partnering with Currencycloud, an Electronic Money Institution, we ensure that your funds are managed with the highest level of trust and integrity. Here’s how we protect your money:

  1. Issuance of E-Money: When funds are deposited into your account, Currencycloud issues e-money equivalent to the deposited amount. This e-money represents your balance and is immediately safeguarded.

  2. Regulatory Compliance: Currencycloud operates under stringent regulatory standards to safeguard your funds, ensuring your money is always protected and secure.

  3. Reputable Bank Holdings: The funds behind your account balance are held at highly reputable banks, providing a stable and secure environment for your money.

  4. Protection Against Insolvency: In the unlikely event of insolvency of either Currencycloud or our company, your funds remain protected and accessible.

Currencycloud stops safeguarding your funds once the money has been paid out of your account to your beneficiary’s account.

For any questions or further information, please contact our support team.

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Last updated 10 months ago