Are my funds safe?
Updated over a week ago

Safeguarding ensures the distinct separation of our customers' funds from Aspire's operational finances, which are employed for business activities. This protection is upheld from the moment Aspire acquires the funds until customers initiate a payout or withdrawal of their balance.

When customers deposit funds into an Aspire business account, those funds are securely maintained in a segregated trust account with the respective banks listed below.

This account, ring-fenced for the exclusive purpose of holding funds in trust on behalf of our customers, remains inaccessible to Aspire creditors, our banks, or any third parties. Consequently, when customers wish to withdraw or make a payout from their Aspire account, the funds are readily available to them.

In the unlikely event of Aspire ceasing business operations, undergoing insolvency, liquidation, or bankruptcy, our customers' funds are safely set aside in the safeguarding account. They will receive their funds back with priority over all other creditors.

SGD, USD, EUR, and GBP account

Rest assured that our client funds in SGD, USD, EUR, and GBP accounts are kept separate from our operational funds and safely secured with DBS Bank in Singapore.

IDR Account

Rest assured that our client funds in IDR accounts are safeguarded in a segregated account at PT Kharisma Catur Mandala.

PT Kharisma Catur Mandala is a payment system company regulated by Bank Indonesia with Fund Transfer permit No: 20/231/DKSP/82, Payment Gateway permit no: 22/454/DKSP/Srt/B, and has been registered as an Electronic System Operator (PSE) at the Ministry of Communication and Information of the Republic of Indonesia, Number: 000972.02/DJAI.PSE/08/2022.

HKD Account

Rest assured that our client funds in HKD accounts are safeguarded in segregated accounts under DBS Bank in Hong Kong.

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