Where is my money held, and is it safe?
Written by Team Dodl
Updated over a week ago

All the money you have in your Dodl account is looked after by AJ Bell. They hold your cash in UK-regulated customer bank accounts, which are required to be separate from AJ Bell's company bank accounts and assets. Checks on these accounts are carried out every day, so your money is always accounted for.

To spread the risk, AJ Bell holds your money with multiple banks. If a bank went under, your cash would be covered by the Financial Services Compensation Scheme, up to Β£85,000.

You’ll find more information about the compensation arrangements from the Financial Services Compensation Scheme at FSCS.org.uk.

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