Thanks Lansbury.

I just got off the phone with TransferWise, I’m sure they love me by now over there.

Anyway, the following has been confirmed to me. Yes indeed my funds are in either Wells Fargo or Community Federal Savings Bank, the two banks that Transferwise does business with in Washington State. Agent also confirmed that my funds are part of a large pool of money in an acct at Wells Fargo or a big acct at CFSB.

The agent went on to say that in the extremely unlikely event my money was electronically stolen, Transferwise would repay me once it was established I was innocent. However he could only say Transferwise have insurance against this event, but he did not know how they were “insured” or who the insurance is with.

Further, since TWise HQ is in London, The FCA has a blanket body of rules covering their activities anywhere in the world. Additionally Transferwise is under the eye of U.S. federal agencies. Finally, here in Washington State they are licensed to do business as a money transmitter by our state body called D.F.I

I think my terminal curiosity has been finally exhausted, and I will call it a day!

once again thanks to you all for your contributions to this subject.