PSI-Pay Exception Warning

This document was last updated on 04/06/2009

1. Additional considerations for EcoCard Account holders

By holding an EcoCard account you will be able to maintain an account balance of over £1,000 (or equivalent in your account currency), because of this you are alerted to the following conditions:

The EcoCard account provided by PSI-Pay Ltd is an electronic money product and although it is a product regulated by the UK’s Financial Services Authority (FSA), it is not covered by the UK’s Financial Services Compensation Scheme. No other compensation scheme exists to cover losses claimed in connection with this e-money account. This means that in the unlikely event that PSI-Pay becomes insolvent your funds may become valueless and unusable and as a result you may lose your money

EcoCard is a brand of PSI-Pay Ltd. PSI-Pay Ltd. is authorised and regulated by the Financial Services Authority in the United Kingdom as an Electronic Money Issuer (FSA Reference Number: 481195). PSI-Pay’s registered office is located at 83, Victoria Street, London SW1H 0HW