GB006 - What will happen if 4AX Debt Services goes bankrupt?

4AX Debt Services acts as an agent between borrowers and lenders. We will hold your money in a Cash Management Systems account (CMS) with Rand Merchant Bank Ltd regulated under the Financial Advisory and Intermediary Service Act 37 of 2005. (FAIS) 
In the unlikely event that 4AX Debt Services does go bankrupt, another agency will be appointed to facilitate the repayments and collections.