Banking comparison

LHV is regulated or supervised by the Estonian Financial Supervision Authority. Customer assets held by LHV Bank are comprehensively protected via three measures: LHV Bank internal control system, LHV Bank equity capital and the Estonian state system for the protection of investors and depositors.Estonian state-backed guarantee of 100,000€ on all deposits. Read more.

Since 2012, Paysera is a licensed e-money institution with the right to execute the activity related to the issuance of e-money and provision of payment services all around the European Union. The e-money institution license was issued by the Bank of Lithuania. The introduction of electronic money ensures that the funds of the electronic money holders and the funds transferred to the electronic money institution by the users of the payment service are solely their property and cannot be recovered from the debts of the electronic money institution. All funds transferred to your Paysera accounts are separated from the funds of the company and cannot be used for company needs, loaned or invested as banks do. As a result, there is no risk of failed investments/loans and no additional insurance is required. In the event of the bankruptcy of the e-money institution, regardless of the amount of money held in the Paysera account (even if it exceeds 100 000 EUR), the client will receive all of their money back. In the event of the bankruptcy of our partner bank, the electronic money institution will also be able to obtain all funds deposited by the clients, as banks are not able to use the money deposited in such accounts. Read more.

Wise is an Electronic Money Institution and is required by law to keep your money safe by storing it in a low-risk financial institution (e.g. bank account). For example, for UK and European customers, your money is stored and safeguarded securely in our Barclays accounts in the UK. This means that in the event that Wise were to become insolvent, your money is unaffected and will be refunded to you in full.

Coop Pank is a credit institution providing financial services under the license issued by the EFSA (Eesti Finantsinspektsioon) in 1993. The EFSA exercises supervision over the management of assets of Coop Pank and its clients. Clients’ assets held by Coop Pank are comprehensively protected through three measures: banks` internal control system, banks’ equity capital and the state system for protection of depositors. To protect clients’ interests and preclude frauds, Coop Pank has in place an internal control system and working procedures and guides itself by good practice and ethical rules. Coop Pank always prefer clients’ interests to those of the banks and pursue its activities with integrity and transparency. Coop Pank audited annual reports, risk appetite statement and terms and conditions are available at Coop Pank website.

Issuance of Electronic Money and payment services is provided by PayrNet Limited, a company incorporated in England and WalesPayrNet takes its responsibility to protect your funds very seriously. As an authorised e-money institution we are obliged to hold the funds received from you for e-money and/or payments separately from our own company funds and in an EEA-authorised credit institution until we make your payment. This means that in the event that PayrNet becomes insolvent, the administrator will be able to identify the funds that belong to our customers and our customers’ claims will be paid from these funds in priority over all other creditors (minus the cost of distributing the funds to meet the customers’ claims) The funds that we hold for you in exchange for e-money and to make payments are not deposits and therefore not covered by the Financial Services Compensation Scheme. We safeguard your funds with a number of EEA-authorised credit institutions or the Bank of England, depending on the type of service you have selected. In all cases, though, we have selected our safeguarding partners carefully to ensure, as far as we can, that they have sufficient reserves and are unlikely to become insolvent.

Payhawk is PCI Level 1 compliant with Bank-level security under PCI-DSS standards. Payhawk Limited is registered under company registration number 11747263, 100 Bishopsgate, London, United Kingdom, EC2M 1GT. Payhawk Visa Cards are issued by Payrnet Limited authorised and regulated in the United Kingdom by the FCA as an Authorised Electronic Money Institution. Customer money is being kept safe in segregated, safe-guarded accounts of our cooperation banks.

Intergiro is an Electronic Money Institution, regulated in Sweden by Finansinspektionen (The Swedish Financial Supervisory Authority) under the Swedish Electronic Money Act (2011:755), Licence Reference: 48003, for the issuing of electronic money. We are required by law to protect clients money by safeguarding it with a bank, segregated from Intergiro's own funds. That means, in the unlikely event that Intergiro become insolvent, client money will be unaffected and will be refunded to clients in full.

Stripe

Juni is PSD2-compliant. This means that our product is being designed in accordance with the European standards for safe and secure payment services. In simple terms, Juni meets the requirement for strong customer authentication and you will always be refunded for any unauthorised payments (e.g. payments made by someone else following an Account Takeover) provided you meet the requirements set in PSD2. Those requirements are generally that you have not acted fraudulently or in gross negligence. The money in your Juni IBAN accounts are safeguarded in different places depending on the currency you have chosen. Your EUR funds are stored with The Bank of Lithuania.Your GBP funds are stored with The Bank of England. The money we use for our business operations is completely separate from the money you have deposited into your account.

As a regulated Electronic Money Institution, all customer funds are safeguarded in LHV Bank and covered by the 'Fonds de Garantie des Dépôts et de Résolution' (FGDR) up to €100,000.