Safety & Security

image description

Your money is yours

We hold our members’ funds in a separate, ring-fenced Barclays account. We will never invest, lend or take any risks with it: it will always be available to you, whenever you want it.

image description

A robust service

Tide uses Prepay Solutions (PPS) to manage our business current account service. PPS are a large financial services organisation part-owned by Mastercard.

 

image description

Authorised by the FCA

PPS hold an e-money license from the UK Financial Conduct Authority and must comply with its rules on capital and safeguarding. Tide also holds an FCA license as a credit broker.

image description

2-factor authentication that is safer than banks

Payments from your account can only be authorised on your mobile with your security code. We also use selfies to confirm your identity if you change phone.

image description

Card control on your phone

Freeze and cancel cards instantly and securely on your mobile.

image description

Limits

We apply limits on inbound and outbound payments, card transactions and balances, and you can request higher limits if you want to. Click here to see what limits apply to sole traders and limited companies.