All funds are held in a master trust account/separate business operating account with certified national and international banks that are insured with the FDIC and CDIC or equivalent in the Country of choice. SBM does not hold funds directly. However, SBM is not a bank. Any funds that you may add to any account with SBM is held in a CDIC insured banking institution on the behalf of our members. Your funds, however, are not individually insured.
Who will ensure the funds deposited into the accounts? Where does my money sit?
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Last Updated
14th of May, 2009
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