When monies are loaded on to a Euro, US Dollar or Everywhere cards, these funds are deposited at Wirecard Card Solutions Limited (WDCS). The funds are held in a 'client money' account. This is a totally segregated account which is governed by strict FCA rules regarding Client Assets. WDCS is regulated and authorised by the Financial Services Authority as an Electronic Money Institution. WDCS is the UK arm of Wirecard AG, itself a global financial services company headquartered in Munich, Germany. WDCS cannot use this money for extending loans or for any purpose and it is 'ring-fenced' in the same way as money is protected in a solicitor's client account. Therefore, in the unlikely event of WDCS running into financial difficulties, the money would be protected.