Tide offers UK-based bank accounts provided by ClearBank. ClearBank Ltd. has received the authorization of the Prudential Regulation Authority that is regulated by the Financial Conduct Authority (Financial Services Register number: 754568). User deposits in Tide bank accounts are protected by FSCS. All the regulatory bodies involved ensure that the user deposits are protected no matter what. On top of that, all user deposits (of up to £85,000 per customer) are fully safeguarded by the Financial Services Compensation Scheme (FSCS) backed by the UK goverment.