facebookIs it true that compared to non-digital financial company who has a third-party bank account nominee, you transact directly to digital platforms so if they were to close, you cant get your money back? - Seedly

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Anonymous

09 Jan 2020

βˆ™

Credit Cards

Is it true that compared to non-digital financial company who has a third-party bank account nominee, you transact directly to digital platforms so if they were to close, you cant get your money back?

I heard that third-party bank account nominee is able to hold the money for you / prove official transactions, in the event that the company close down, you're more likely to get some money back when they liquidate the assets?

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