What you need to know in the event that Upside shuts down or stops trading:
Each Upsider (you, the customer) has a separate and dedicated account in your own name, linked to the bank account you signed up with when you registered
PayrNet, Our Electronic Money Institution (EMI) partner, which is regulated by the Financial Conduct Authority acts as the custodian for your e-Money (savings) in your Upside Account
In the unfortunate event that Upside ceases to trade, for whatever reason, our e-Money provider will arrange for the redemption of the funds in your Upside Account.
If the E-Money provider ceases to trade, Upside will take the necessary steps for the recovery of your funds on your behalf
You can read more about this in the Upside Terms and Conditions and Privacy Policy
Each Upsider (you, the customer) has a separate and dedicated account in your own name, linked to the bank account you signed up with when you registered
PayrNet, Our Electronic Money Institution (EMI) partner, which is regulated by the Financial Conduct Authority acts as the custodian for your e-Money (savings) in your Upside Account
In the unfortunate event that Upside ceases to trade, for whatever reason, our e-Money provider will arrange for the redemption of the funds in your Upside Account.
If the E-Money provider ceases to trade, Upside will take the necessary steps for the recovery of your funds on your behalf
You can read more about this in the Upside Terms and Conditions and Privacy Policy
Updated on: 05 / 07 / 2020