Company Information

Get to know Phuthalichaba Savings & Credit Cooperative Society

Registered in 1993 under the Co-operative Societies Proclamation of 1948, Phuthalichaba is a long-standing financial cooperative based in Lesotho. Its mission is to provide efficient, effective, affordable, and accessible financial services to its members in a sustainable manner. The cooperative offers a range of products, including various types of savings accounts (ordinary, fixed deposit, special savings) and loan facilities for personal use, business, home improvement, and other needs, operating on the principle of members helping members.

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Financial BankingPRIMARY
Financial Other Service

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Phuthalichaba Savings & Credit Cooperative Society

Lesotho

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.