Is One4all covered by the Financial Services Compensation Scheme?

No, we are not a Bank. Banks participate in the Financial Services Compensation Scheme (FSCS) – e-money issuers do not. The FSCS acts like an insurance policy for bank accounts and pays out up to a maximum of £85,000 per eligible person, per bank, building society or credit union or up to £170,000 for joint accounts. E-money issuers are not covered by the Scheme.

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