Float balances are not CDIC insured at this time.
Float is a registered MSB (Money Services Business) in Canada.
Customer funds are held at Tier 1 Canadian banks and are always held in dedicated accounts. As a program partner of Visa and MasterCard, our customers enjoy top-tier fraud protection and dispute resolution practices.
Float is SOC2 Type 2-certified, ensuring adherence to robust security protocols as verified by independent audits. To obtain a copy of Float's SOC 2 Type 2 report, visit our Trust Centre at trust.floatfinancial.com.
Float provides enterprise-level security and manages our customers' data with the highest standard of security and compliance.
For more information on Float's overall security practices, visit floatfinancial.com/security or access our Trust Centre at trust.floatfinancial.com.