True - I don't think so. There are regulatory assurances that they ringfence the money and you should be able to get it all back should they go under, but yeah

True - I don't think so. There are regulatory assurances that they ringfence the money and you should be able to get it all back should they go under, but yeah I would be wary of using them as the only place to keep my money or substantial sums. They are super useful for receiving and sending money to/from different countries though, reasonabble fees.