Yes, the physical funds is domiciled at VFD Micro Finance bank which is duly licensed by the Central Bank of Nigeria. Funds are insured up to the maximum coverage level for depositors in line with the Nigerian Deposit Insurance Act. This protection is provided by the Nigerian Insurance Deposit Corporation.
Can I trust the consumer app to keep my money safe? Print
Modified on: Tue, 26 Jan, 2021 at 11:42 AM
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