How Secure are my funds?

As WeSwap is not a bank or building society regulated in the UK, we are not covered by the Financial Services Compensation Scheme, however, all customer funds are held by IDT in safeguarded accounts. 

Funds held by IDT fall under the Gibraltar Deposit Guarantee Scheme (“GDGS”), which protects depositors and pays compensation in the event of a Credit Institution authorised by the Gibraltar Financial Services Commission (“GFSC”) being unable to repay deposits.

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