Suits Me is not a bank – it’s an e-account provider, and that matters when it comes to how your money is protected. Customer funds are held in a ring-fenced account, entirely separate from Suits Me’s own finances and not part of its balance sheet. In the unlikely event of insolvency, your money would remain untouched and fully protected.
Because Suits Me doesn’t lend out or invest your deposits, they’re never at risk from the company’s operations. This safeguarding model ensures that your funds are secure at all times, offering peace of mind while still providing the everyday financial services you need.