When Plum sets money aside for you, it is moved from your bank account to a protected bank account provided by our partner MangoPay, which is regulated to hold your money as an 'Authorized Electronic Money provider'.
This bank account is not FSCS protected, but is subject to strict European regulation, meaning that in the unlikely event that Plum, MangoPay, or the bank should go bust, you will get all of your money back.
Comments
0 comments
Article is closed for comments.