How is Rauva safe?

At Rauva, we have established a partnership for banking services with Swan, an e-money institution. Your money is always secured no matter what happens to us or to our partner, Swan. As an e-money institution, Swan provides this guarantee, by having opened a segregation account at a top European bank, BNP Paribas. This account is separate from the Swan account, and only you can access the money in it. Swan and BNP Paribas are both under the financial and regulatory supervision of ACPR/Banque de France (Autorité de Contrôle Prudentiel et de resolution sanctions committee) and therefore must abide by all the applicable laws and regulations, which include safeguarding requirements for customers funds.

What if our banking partner or BNP Paribas goes bankrupt?

The funds in the Swan Account do not constitute repayable funds from the public within the meaning of banking and financial regulations. They are protected by being kept in a dedicated account with BNP Paribas. This means that the funds collected can never be used to settle Swan's debts in the event of insolvency and cannot be seized by any of Swan’s creditors. If Swan were to come into trouble, you could simply withdraw your funds held in the custodian bank (BNP Paribas) and transfer them to another account. Additionally, in the unlikely event that BNP Paribas goes bankrupt, the French Deposit Guarantee and Resolution Fund (FGDR) guarantees all accounts up to 100,000 EUR per person, regardless of whether it's a business or freelancer account.

Your hard-earned money will be protected.