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How do you keep my money safe?

As an Authorised Payment Institution regulated by the FCA, Globepay is obligated to comply with the Payment Services Regulations 2017, which sets out Globepay’s obligations to safeguard relevant client funds. Relevant client funds are funds Globepay receives from, or for the benefit of a client for the execution of a payment transaction, and from a payment service provider for the execution of a payment transaction on behalf of a client.

Upon receipt of the relevant funds, Globepay immediately safeguards client funds in an authorised credit institution. This account is designated for client funds only and is segregated from Globepay’s working capital and other funds.

In the unlikely event that Globepay were to become insolvent, your funds will remain safe and secure in the safeguarding account and will not be impacted by this.





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