Where is our money held?
Your cash is held at your banks and in the account opened in your company's name at Tacirler Yatırım.
- Your fund assets are held at Takasbank in your company's name and recorded at MKK.
- Mundi never holds customer money in its own accounts.
Your banks
Your current accounts and the reserve you set in your rule stay here.
Tacirler Yatırım
Tacirler Yatırım is an SPK-licensed brokerage firm. The account is opened in your company's name. In the Professional package and above, your cash beyond the reserve moves here under your sweep rule.
Takasbank and MKK
Fund assets are held at Takasbank in your company's name and also recorded at MKK.
Mundi
Mundi does not hold customer money. You set up your sweep rule in Mundi, send your instruction to your bank through Mundi and follow the results in the reports.
Cash balances
Cash balances in your investment account are covered by the Investor Compensation Center (YTM) within the applicable limits.
What the insurance covers
Mundi holds professional indemnity insurance for operational risks arising from the platform. This insurance does not cover investment performance or your cash balances.
Product decision
Your company decides which products are used. Mundi is not a bank and does not give investment advice.