How nsave Keeps Your Money Safe
Understanding Partner Institutions and Safeguarding
The Simple Answer: When you open an nsave account, your funds are segregated and held in accounts with regulated partner institutions.
Why This Is Important
Here's the key thing: Your money is completely separated from nsave's funds.
Think of it like renting a storage unit:
The storage company provides the space, but the contents belong to you. They can’t use your belonging for their own purposes, and your items are kept separate from the company’s own assets.
In a similar way, customer funds are kept separate from nsave’s own operating funds in line with safeguarding requirements.
How International Payments Work
When you send or receive money internationally, it travels through a network of established correspondent banks. These are regulated institutions that specialize in international payments, not informal channels or intermediaries.
