We are required to "safeguard" money we receive from (or for) customers like you.
"Safeguarding" means that we deposit the money we receive from you (or for you) into a client money bank account. The money in these client accounts is held by us on your behalf. We have client accounts with large banks (that meet our and our regulator's requirements).
Safeguarding protects you because, if Xhuma was to become insolvent, the money in these accounts would be used to pay out you (and our other customers) before anyone else.