How is my money kept safe?

All FAQs

You will transfer your Security Sum into a safeguarded account where it will be held at the Bank of England courtesy of one of the City’s oldest and most conservative private banks.

We take our role as a small payment institution incredibly seriously, investing significant time in meeting legislation. We’re fully compliant with the stringent requirements of both the Financial Conduct Authority and HMRC.

Security for Expenses Ltd. is regulated by the Financial Conduct Authority as Small Payment Institution No. 764090 and supervised by HM Revenue and Customs as Money Service Business No. XNML00000167088.

All money that is deposited through Security for Expenses Ltd. is safeguarded under the Payment Services Regulations 2017.