How is money segregated?

How is money segregated?

PhillipCapital UK requires that all money received from clients be paid into segregated client accounts. These ‘ring-fenced’ accounts are held with banks which will have formally acknowledged that the money in those accounts belongs to our clients – and not to the firm – and that we hold that money on your behalf as trustee. By paying all client funds into such accounts, we ensure that your money remains segregated. PhillipCapital UK may not place its own money into such an account.

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