At Pleo, as a highly regulated financial service we take your fund security seriously. That is why we have partnered with the worlds leading banks in keeping your money safe!
What happens when I transfer?
When transferring money to your designated Pleo Account, your money will be held in a segregated account with Danske Bank or JP Morgan. This means that neither Pleo nor anyone else can access your money and it is thoroughly protected.
JP Morgan is designated as a Systematically Important Financial Institution by the United States' Federal Reserve, with the highest rating.
Danske Bank is designated as a Systematically Important Financial Institution by the Danish Central Bank.