Is my money covered by the FSCS?

We keep your money in ring-fenced accounts in a low risk financial institution, and we don’t take any risks with it. This means that, should we become insolvent, you’d get your money back.

However, because we’re an electronic money institution, and not a bank, your money wouldn’t be covered by the Financial Services Compensation Scheme in the unlikely event that Moneff becomes insolvent.