Safeguarding is how many EMIs and payment institutions protect client funds — by keeping them separate from the company's own operating funds, typically in a segregated account or covered by an insurance/guarantee arrangement.
A bank deposit-guarantee scheme reimburses depositors up to a set limit if the bank fails. Safeguarding works differently: it aims to keep client funds separate from the institution's own funds in the first place, so they aren't available to the institution's general creditors if it fails.
Client funds held in a separate account, distinct from the institution's own operating funds, is a typical safeguarding approach.
Some institutions safeguard via an insurance policy or comparable guarantee rather than (or alongside) segregated accounts.
Safeguarding is typically a licence condition for EMIs and payment institutions, not an optional value-add.
The details (which account, which insurer, what's covered) vary by provider and are worth confirming directly.
Tell us about your structure, activity and payment needs — the essentials, not a full application.
We assess the structure and requirements against what providers typically accept before recommending a direction.
We identify a suitable regulated provider and explain what is realistically available for your case.
You complete official KYC/KYB directly with the regulated financial provider — not with Latynex.
The provider makes the final decision and activates the account. We stay involved if anything needs coordinating.
Latynex is not a bank or electronic money institution. Financial accounts and payment services are provided by independent, regulated financial institutions. Final eligibility and approval are determined by the selected provider, following its own KYC/KYB review.
No — deposit-guarantee schemes reimburse up to a limit if a bank fails; safeguarding works by keeping client funds separate from the institution's own funds in the first place.
Yes — this is a reasonable and common question, and a regulated provider should be able to explain its method.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
No obligation — we review your case and respond with a straight answer.
Tell us about your company and payment needs — we review the case and point you to a provider genuinely suited to it.
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