Deposit Insurance and Bank Safeguards – Jurisdictional Coverage
At CABEX-FX, client fund security is a core priority. All client funds are held in dedicated accounts with licensed and regulated financial institutions across jurisdictions that offer statutory deposit protection schemes. Below is an overview of key deposit insurance frameworks available through our global banking partners:
🇺🇸 United States – FDIC Coverage
Client funds held in U.S. accounts are placed with FDIC-member banks, where eligible deposits are insured up to $250,000 per depositor, per insured bank, per ownership category.
🇭🇰 Hong Kong – Deposit Protection Scheme (DPS)
Funds held in Hong Kong benefit from coverage under the DPS, protecting up to HKD 500,000 per depositor per bank.
🇨🇦 Canada – CDIC Insurance
Deposits in Canada are held with CDIC-member institutions, offering coverage up to CAD 100,000 per insured category, per depositor.
🇦🇺 Australia – Financial Claims Scheme (FCS)
Our Australian partners participate in the FCS, which guarantees eligible deposits up to AUD 250,000 per account holder.
🇪🇺 European Union – DGSD Protection
EU-based accounts are covered up to EUR 100,000 per depositor, under national schemes governed by the Deposit Guarantee Schemes Directive (DGSD).
🇬🇧 United Kingdom – FSCS Deposit Protection
Deposits placed in the UK are protected up to GBP 85,000 per person, per institution through the Financial Services Compensation Scheme (FSCS).
🇯🇵 Japan – DICJ Coverage
Eligible deposits held in Japan are protected under the DICJ, up to JPY 10 million, plus applicable interest.
Additional Jurisdictions & Currency-Specific Safeguards
In addition to the above, CABEX-FX also utilizes other premier banking jurisdictions to safeguard client funds—particularly in cases where clients hold multi-currency accounts or operate in specific international markets.
We work exclusively with top-tier banks and fully regulated financial institutions, selected for their reputation, compliance standards, and protection schemes. Many of these jurisdictions offer deposit protection equivalent to, or exceeding, international benchmarks.
If you would like more information about the specific deposit protection applicable to your account or the currency you hold with us, we encourage you to contact your dedicated CABEX-FX relationship manager or email support@cabex-fx.com. We will gladly provide jurisdiction-specific details based on your holdings and the structure of your account.
Legal and Compliance Note
CABEX-FX does not directly offer deposit insurance. However, all client funds are safeguarded in accordance with strict legal, regulatory, and banking standards. Deposit protection is provided through our network of insured, licensed financial institutions across the world.
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