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How do Micco and its partners ensure the security of my funds?
How do Micco and its partners ensure the security of my funds?
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Written by Lucy
Updated over 7 months ago

Micco has established a partnership with Swan that enables it to comply with ACPR/Banque de France regulations. The ACPR was created by the French government in 2010 to ensure that banks comply with regulatory requirements for the protection of customer funds. Compliance with regulations enables us to guarantee the security of your account.

In addition, and to ensure the security of your funds, we strictly adhere to the rule that Micco has no right of access to your account. If Micco goes out of business, you can still withdraw/transfer your funds. Our partners are internationally recognized banks to guarantee the best possible protection of your funds. Your account is protected by law, regardless of the legal situation of Micco and Swan

What's more, in the event of BNP Paribas bankruptcy, the French Deposit Guarantee and Resolution Fund (FGDR) guarantees all accounts up to 100,000 euros per person, whether you're a company, an individual or self-employed. Our well-established guarantee mechanism ensures that your funds are protected.

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