No, Fazil has the technological support of Pecunpay (EDE), an Electronic Money Institution regulated by the Bank of Spain, so it can issue payment cards and electronic money accounts.

Unlike a bank, the money deposited in our accounts is neither loaned nor invested. It is 100% available and guaranteed at all times.

Fazil also has a network of product and service providers in Europe and Asia to create products at a very competitive cost that you will surely like.