If your card number starts with 539250 or 533919, the statement below applies to you:
We are not covered by the Financial Services Compensation Scheme. Instead, the issuers, Valitor, have segregated your funds in a safeguarding account with Citibank. This means those funds would be separated from our other assets in the event of our insolvency and used to repay you and other clients. Any money on your card is held in a safeguarded account held by the card issuers (Valitor Limited) chosen banking provider (Citibank).
If your card number starts with 558047 or 549619, the statement below applies to you:
We are not covered by the Financial Services Compensation Scheme. As part of Equals Money International Limited, all FairFX customer funds are held in a specially designated safeguarded bank account (held at either Citibank UK Limited, Royal Bank of Scotland, or Barclays Bank PLC) that is separate from all other funds at the bank and our operating accounts. The account is only used to safeguard our customers' money, and no one other than Equals Money International Limited has any interest or right over the funds in the account. This way, if anything were to happen to FairFX, the funds on your card would be safe.
