In PSRs, safeguarding applies to what are described as ‘Relevant Funds’. These are defined as sums received: from, or for the benefit of, the Payment Services User for the execution of a payment transaction, and from another Payment Services Provider (either a bank or non-bank) for the execution of a payment transaction on behalf of a Payment Services User Consequently, Freemarket is obliged to safeguard any monies you transact through us including bank transfers, withdrawals and foreign exchange. Freemarket’s own funds must be held in different bank accounts.