Call money: In the event of the insolvency of the partner bank, the cash in your clearing account is protected by the statutory deposit protection of the Compensation Scheme of German Banks (Entschädigungseinrichtung deutscher Banken - EdB) up to a deposit amount of 100,000 euros (Details on this at edb-banken.de/en) and beyond that by the German Deposit Protection Fund of Private Banks (Bundesverbands deutscher Banken - BdB). View further information on the scope of protection of the partner bank by the Deposit Protection Fund.

Securities: In the event of insolvency of the custodian bank, you have a claim to surrender of your securities. These do not fall into the insolvency estate and are therefore also protected.

As a securities institution, Scalable Capital is not authorised to take possession or ownership of your assets. Your assets are held in custody by our partner bank. In the event of an insolvency of Scalable Capital, the client assets will therefore not fall into the insolvency estate of Scalable Capital GmbH.

Furthermore, Scalable Capital GmbH is assigned to the German Compensatory Fund of Securities Trading Companies (Entschädigungseinrichtung der Wertpapierhandelsunternehmen - EdW). The EdW can pay compensation if an institution is no longer able to fulfil its "liabilities from securities transactions" towards its clients for reasons directly related to its financial situation (and the German Federal Financial
Supervisory Authority BaFin has determined the case for compensation).