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Suits Me profile

Who owns Suits Me?

traditional · Cheshire, UK · E-money institution · custody: Custodial

short answerSuits Me is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

Is Suits Me a licensed bank?

No — it is an e-money institution. Licence detail: E-money accounts issued by PrePay Technologies (FCA EMI, FRN 900010); Suits Me acts as agent/programme manager.

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for Suits Me yet. Know one? Suggest it.

Is my money safe with Suits Me?

As an e-money institution, Suits Me safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full Suits Me profile with every verified field, or Suits Me alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.