Does the entity hold client money or assets?
Answered for 6 of 6 firms. Regulatory permissions, or the client agreement
FREETRADE LIMITED
VerifiedThe register records the firm's client money permission as "Hold and control client money".
Statutory register · Financial Conduct Authority · FCA Register — Client Money Permission · Check the source
The register records the firm's client money permission as "Hold and control client money".
Statutory register · Financial Conduct Authority · FCA Register — Client Money Permission · Check the source
MONZO BANK LIMITED
VerifiedThe register records the firm's client money permission as "Control but not hold client money".
Statutory register · Financial Conduct Authority · FCA Register — Client Money Permission · Check the source
STARLING BANK LIMITED
VerifiedThe register records the firm's client money permission as "Control but not hold client money".
Statutory register · Financial Conduct Authority · FCA Register — Client Money Permission · Check the source
TRADING 212 UK LIMITED
VerifiedThe register records the firm's client money permission as "Hold and control client money".
Statutory register · Financial Conduct Authority · FCA Register — Client Money Permission · Check the source
WISE PAYMENTS LIMITED
VerifiedAs Wise is not a bank, we use safeguarding to protect your money. This is done in accordance with the regulations, PSRs 17. Wise keeps your money in the name of Wise in established financial institutions. Your money is deposited in Great British Pounds (GBP) into dedicated and segregated accounts held by us with our safeguarding institutions.
The customer agreement states that Wise is not a bank and uses safeguarding to protect customer money, keeping it in the name of Wise in established financial institutions and depositing it into dedicated and segregated accounts held with its safeguarding institutions.
Binding document · Wise Payments Limited · section 12.4, How we protect your money · Check the source
Every firm here was asked the same question against the same published standard, and every answer quotes the passage it came from. Where the answers differ, the difference is in the firms’ own documents, not in how we read them.
Darker text marks stronger evidence. A statutory register prints at full strength; a firm’s own marketing prints lighter. The methodology sets out the weightings.