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Is my money FSCS protected?
Is my money FSCS protected?
Updated over a week ago

No, funds in Bloom Money are not protected by the Financial Services Compensation

Scheme (FSCS). Instead, they are safeguarded in compliance with the regulations governing Electronic Money Institutions. This means that while your funds are securely held and protected against company insolvency, they do not have the FSCS protection that is typically associated with an account you might hold with your bank.

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