🧭 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, and covered by the French deposit guarantee scheme.
This article explains how that protection works, what happens in extreme scenarios, and why French law applies to your account.
How is my money protected?
Your funds are held in accounts provided by Swan, a regulated financial institution.
Accountable does not and 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?
In the unlikely event that 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 under the Fonds de Garantie des Dépôts et de Résolution (FGDR), the French Deposit Guarantee Scheme.
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 is independent of Accountable as a company and applies solely based on where and how your money is held.
Key takeaways
✅ 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
Need help? Chat with us or email support@accountable.eu, we're happy to help.