100% Funding

Your prepaid card is automatically loaded upon receipt of your funds

The Client Account

When your funds are received, they are loaded into a client account, which is controlled by the Issuer. In order to protect your funds, T24 does not have access to this account. For more information, read about the Security of Customer Funds

Additional Security

T24 is obligated to keep a certain deposit over and above the weekly settlement of all transactions on T24 Black prepaid VISA cards. This provides additional security and protection to your loaded funds

No Fractional Reserves

As governed by the e-money laws in the UK and enforced by CashFlows Limited. T24 is not allowed to enable payments on the T24 Black Prepaid Card unless it is fully funded. In addition, T24 will never extend credit