🧭 Overview
Yes, your money is protected when you use Accountable Banking. 💼
All funds in your Accountable Banking account are held with Swan, a licensed and regulated banking partner based in France. This means your money benefits from the French deposit guarantee scheme.
This article explains how your funds are protected, what happens in extreme scenarios, and why the French guarantee applies to your account.
How is my money protected?
Your funds are held in accounts managed by Swan, a regulated financial institution.
Accountable cannot invest, lend, or use your money in any way.
Your balance is kept separate and safeguarded in accordance with banking regulations.
What happens if Accountable goes bankrupt?
If Accountable were to go bankrupt:
Your money would remain safe and untouched. ✅
All Accountable Banking accounts powered by Swan would continue to exist.
Your funds would be protected up to €100,000 per customer via the French Deposit Guarantee Scheme (Fonds de Garantie des Dépôts et de Résolution, FGDR). 💰
This protection applies exactly as it does with traditional banks.
Why does the French deposit guarantee apply?
Because Swan is a French-licensed banking institution, all eligible deposits are covered by French law.
This protection is independent of Accountable as a company and applies solely based on where and how your money is held.
What does this mean for you?
✅ Your money is stored with a regulated banking partner.
✅ Your funds are legally protected up to €100,000.
✅ Accountable cannot access or use your money.
✅ Even in extreme scenarios, your balance remains safe. 🔒
Key takeaways
Your Accountable Banking funds are held by Swan, a regulated French banking partner.
Accountable cannot invest, lend, or access your money in any way.
Your balance is protected up to €100,000 per customer under the French Deposit Guarantee Scheme (FGDR).
This protection is independent of Accountable and applies automatically based on where your money is held.
Need help? Chat with us or email support@accountable.eu, we're happy to help.