Effective Date: 21/07/2025
Entity: PlatinumEdge Technologies Ltd, operating under the brand Flash Bank
MSB Registration No: BC 1465210, License No: C100000579
Address: 5577 153A St. Suite 207, Surrey, BC V3S 5K7, Canada
Phone: +1 236 360 8205
Website: www.flash-bank.com
Contact: support@flash-bank.com
At Flash Bank, safeguarding client funds is our top priority. While we are not a bank and do not offer deposit insurance, we ensure that all customer money is held securely and separately from the company’s own funds.
How we protect your money
Customer funds are held in segregated accounts with regulated financial institutions. These accounts are designated solely for safeguarding customer money and are never commingled with company operating funds.
Are funds protected like in a bank?
No, funds are not covered by deposit insurance schemes such as CDIC. However, under safeguarding rules, 100% of customer balances are protected without limits. In case of insolvency, funds remain segregated and protected from creditor claims, though reconciliation may take time and administrative costs may apply.
Conclusion
Flash Bank clients can rest assured that their money is secure. Safeguarding ensures client funds are protected and kept separate, providing peace of mind while clients focus on their business.
