How does TallyMoney protect my money?

Modified on Fri, 17 May 2024 at 02:41 PM

At TallyMoney, we believe money should hold its value over time and remain in the customer’s control. So much so, we pioneered a new type of money that protects and benefits the customer, not the bank. Whilst the value of your tally is protected from inflation and risky fractional-reserve banking practices, here’s a reminder of some of the other ways TallyMoney has you covered.

Trustee agreement

Tally Central Ltd and its operating subsidiaries have entered into a security trust deed with an independent third-party security trustee. In the unlikely event that anything happens to TallyMoney UK Ltd (or its parent entity Tally Central Ltd), all of the gold represented as tally in customer accounts will promptly be sold by the Security Trustee (Woodside Corporate Services Ltd, FCA Ref No. 467652), and the fiat value of each customer account, less a 1% fee, will be deposited into the customer’s designated bank account. What’s the 1% for? This pays for the legal mechanism that would come into play and the prompt and efficient administration of returning customer money by the Security Trustee. No limits, no caps, just peace of mind.

The security trustee contact details are as follows:

Woodside Corporate Services Limited

4th Floor, 

50 Mark Lane, 

London EC3R 7QR


The gold linked to your TallyMoney Account is 100% insured through our accredited vault provider in Switzerland.  

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article