Talk Track: Security of Deposits and Severance Accrual [English]

Pillars: Transparency, Trust

Your deposits and severance accruals are fully protected. We keep all client funds ring fenced, completely separate from WorkMotion’s own finances. They sit in escrow accounts at Hypovereinsbank, part of UniCredit Group, which means they are earmarked for you and cannot be touched for any other purpose. Even if something happened to WorkMotion, your funds remain secure and unaffected.

Pillars: Transparency, Compliance, Trust

I understand why you want clarity on how your deposits and severance accruals are protected. We treat this with the highest level of responsibility. All client funds are ring fenced, meaning they are stored separately from WorkMotion’s own operating accounts. They sit in dedicated escrow accounts at Hypovereinsbank, a well established German bank within the UniCredit Group.

These accounts are managed under strict controls, including monthly KYB and AML reviews. We also provide detailed balance updates to the bank, which ensures a clean audit trail. The important point is this. Even if something were to happen to WorkMotion, the funds remain completely secure because they are legally separated from our assets.

Pillars: Transparency, Compliance, Trust

It is a smart question, and I am glad you asked. When you provide deposits or participate in severance accrual, you should know exactly how those funds are protected. At WorkMotion, we take this extremely seriously.

Your funds are ring fenced, which means they are held completely separate from WorkMotion’s own finances. They are never mixed with company assets and cannot be accessed for any operational purpose. To give you an additional layer of security, we store these funds in escrow accounts at Hypovereinsbank, part of the UniCredit Group. These are special “Treuhand” accounts that exist solely for safeguarding client funds.

To maintain the integrity of these accounts, strict procedures are in place. Hypovereinsbank performs monthly checks on KYB and AML documentation, and we provide them with regular balance updates to keep the audit trail clear. This supports both internal governance and external bank audits.

What this means for you is simple. Even in the unlikely event something happened to WorkMotion, your deposits and accruals would remain secure. They are legally protected, stored in separate accounts, and fully insulated from any operational risk. You always retain control over your funds.