Is nsave save?
If you’re a freelancer from Bangladesh, Nigeria, Pakistan, or Egypt, you know how hard it can be to safely receive and hold international payments.
That’s why more freelancers are switching to nsave, a modern financial platform that helps you hold, send, and save money in stable currencies like USD, GBP, and EUR.
But the big question is, is nsave safe?
Your Money Is Safeguarded, Not Stored
- With nsave, your money is kept in safeguarded accounts, not mixed with company funds.
- This means your funds are protected and separated, following strict UK and EU financial regulations.
- Even if something happens to nsave or its partners, your money stays safe and accessible.
Backed by Trusted, FCA-Regulated Partners
- nsave works with Frost Money Ltd, an Electronic Money Institution (EMI) authorised by the Financial Conduct Authority (FCA) in the UK.
- This ensures that all GBP and multi-currency accounts are fully compliant with international financial standards.
Here’s what that means for you:
- nsave operates under FCA-regulated safeguards.
- Your money is held securely in UK or EEA-authorised banks.
- Funds are not invested or loaned out, keeping your balance protected.
Why should I hold my money in USD?
- Currencies like USD are considered stable and globally trusted.
- By holding your money in these currencies, you protect your income from local currency drops and inflation in places like Bangladesh, Nigeria, Pakistan, or Egypt.
This means your freelance earnings from Fiverr, Upwork, or direct clients maintain their real value over time.
Built-In Digital Protection
nsave uses advanced technology to keep your account safe:
- Two-factor authentication (2FA) for all transactions.
- Biometric logins for quick, secure access.
- End-to-end encryption for your personal and financial data.
Transparent and Compliant
nsave follows the Electronic Money Directive, ensuring every customer’s funds are safeguarded in regulated institutions.
While your money is not covered by the Financial Services Compensation Scheme (FSCS) because nsave is a regulated e-money service, not a bank, your funds are still fully protected through safeguarding.
Final Thoughts
Yes, nsave is safe.
Your funds are regulated, safeguarded, and held in trusted UK and EEA financial institutions.
With advanced security, transparency, and global stability, nsave gives freelancers from Bangladesh, Nigeria, Pakistan, and Egypt a better way to:
- Hold money in stable currencies
- Convert and send with low fees
- Keep every transaction secure
