What is "Safeguarding", and how does it protect my money?

As a regulated Electronic Money Institution (EMI) authorised by the FCA, Moneff is prohibited from using your money for its own business operations or lending it to other customers. Instead, we are legally required to Safeguard your funds.

This means 100% of your money is kept in specially designated accounts that are completely separate from Moneff’s own funds or assets. We perform daily reconciliations to ensure that every penny of your balance is present in these accounts.