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What Does the 'Estimated GBP' Figure Mean?

Understanding the 'Estimated GBP' value displayed in your currency wallets

The 'Estimated GBP' figure displayed below the balance of each currency wallet in the Yeeld app provides a real-time approximation of your currency balance converted into British Pounds (GBP). This value is calculated using the live spot exchange rate at the time of viewing.

How Is It Calculated?

The 'Estimated GBP' amount is based on the current market rate, which fluctuates in real-time according to market conditions. This conversion rate ensures that you have an up-to-date estimate of the value of your funds in GBP.

Important Note:

The 'Estimated GBP' figure is only an indication and may change frequently due to fluctuating exchange rates. It is meant to provide an approximate value and may differ slightly from the amount you receive if you exchange the currency.

Yeeld provides this estimate to help you easily understand the value of your currency wallet balances in GBP, but it should not be considered a guaranteed conversion amount.

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Yeeld's products and services are provided by Yeeld Financial Services LTD (15776510) and Yeeld Investments LTD(15775018), wholly owned subsidiaries of Yeeld Technologies LTD (14870361) registered in England and Wales with a registered office at Level 18, 40 Bank Street, Canary Wharf, London, England, E14 5NR.

Yeeld Financial Services are a co-brand of Payload Ltd, who act as a Programme Manager under Transact Payments Limited (TPL), a company which is incorporated and registered in Gibraltar with company number 108217 and registered office is at 6.20 World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. Transact Payments Limited is a licensed electronic money institution authorised and regulated by the Gibraltar Financial Services Commission to issue electronic money and provide payment services. Your account and related payment services are provided by Transact Payments Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme, your funds will be held in one or more segregated accounts and safeguarded in line with Part 4 of the Financial Services (Electronic Money) Regulations 2020.Yeeld's cards are issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Yeeld Investment Limited (FCA no: 1019161) is an appointed representative of WealthKernel Limited is authorised and regulated by the Financial Conduct Authority, no. 723719, registered in England and Wales, no. 09686970, with a registered office at 41 Luke St, London, UK, EC2A 4DP. All assets held under custody are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000. Please refer to https://www.fscs.org.uk for more information.