How are my funds protected?

In the US, System Payment Services (US), Inc., part of the BVNK Group, provides access to virtual asset accounts and fiat payment services through our banking partners such as Lead Bank. BVNK is required by law to protect your funds, by segregating them from its own funds, in a separate safeguarding account with a bank, which is known as a “For Benefit Of” (FBO) account, a type of financial account that allows a company like BVNK or one of our partner banks to manage funds on behalf of another entity or individual. Although BVNK manages the funds, you as the beneficiary retain the right to receive the funds upon request.