Live rate: 1 CAD = 1077.8955 NGN (-0.0001%)

Inverted: 1 NGN = 0.0009 CAD

Click here for our full travel and holiday rates comparison tool.

Comparison Results:

ProviderExchange RateFeeYou GetServiceNotesAction

Live Market Rate

1077.895501,067.1165
wise 1,077.89551.03%1,066.7932 Best Multi-Currency Card The UK's leading payment provider

Best Bank Rate

Banks
1,047.7144

(upper range)

Variable1,047.7144 Payments, transfers, holiday money Determined using data on spread charges supplied by IMTI

Worst Bank Rate

Banks
1,040.1692

(lower range)

Variable1,040.1692Payments, transfers, holiday money Determined using data on spread charges supplied by Money Mover and Accourt

Paypal

Paypal
1,029.390201,029.3902 International Payments and Transfers

CAD/NGN Live Chart and Data

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For full historical data please visit: CAD/NGN exchange rate history pages for the year 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

January - 2024

SunMonTueWedThuFriSat
1

Open: 676.7780

Close: 676.8900

Mid: 676.8380

2

Open: 677.0470

Close: 664.2950

Mid: 671.8860

3

Open: 664.2630

Close: 667.9790

Mid: 665.7490

4

Open: 667.9400

Close: 683.5500

Mid: 675.5425

5

Open: 683.5460

Close: 684.3510

Mid: 684.6315

6
7
8

Open: 684.5660

Close: 663.1920

Mid: 671.8550

9

Open: 664.6960

Close: 682.9720

Mid: 694.2970

10

Open: 682.9260

Close: 711.1620

Mid: 696.9885

11

Open: 711.2130

Close: 715.4550

Mid: 712.9915

12

Open: 715.5750

Close: 713.9250

Mid: 716.3875

13
14
15

Open: 714.1130

Close: 713.5850

Mid: 713.7810

16

Open: 713.4790

Close: 663.6730

Mid: 688.7970

17

Open: 663.5140

Close: 650.0040

Mid: 663.5215

18

Open: 646.1960

Close: 663.9860

Mid: 649.9495

19

Open: 664.0110

Close: 663.4740

Mid: 651.8260

20
21
22

Open: 662.8030

Close: 661.0160

Mid: 670.0960

23

Open: 661.0230

Close: 680.2150

Mid: 661.5130

24

Open: 680.1580

Close: 665.5450

Mid: 673.9850

25

Open: 665.6960

Close: 659.5620

Mid: 662.5550

26

Open: 659.4620

Close: 668.3230

Mid: 664.8955

27
28
29

Open: 667.7130

Close: 666.0430

Mid: 670.1995

30

Open: 666.0510

Close: 710.8890

Mid: 687.4625

31

Open: 710.8780

Close: 888.8540

Mid: 778.1920

February - 2024

SunMonTueWedThuFriSat
1

Open: 889.0460

Close: 892.4810

Mid: 890.3140

2

Open: 892.2970

Close: 1,040.0000

Mid: 962.3570

3
4
5

Open: 1,039.8400

Close: 1,033.6700

Mid: 964.0050

6

Open: 1,033.9700

Close: 1,043.5700

Mid: 1,041.8300

7

Open: 1,043.5900

Close: 1,053.4300

Mid: 1,047.7500

8

Open: 1,053.4300

Close: 1,043.1700

Mid: 1,049.1800

9

Open: 1,043.0700

Close: 1,040.8400

Mid: 1,060.7050

10
11
12

Open: 1,095.9800

Close: 1,117.7100

Mid: 1,107.2500

13

Open: 1,117.6800

Close: 1,117.2800

Mid: 1,097.6400

14

Open: 1,117.2800

Close: 1,119.6100

Mid: 1,113.2850

15

Open: 1,119.6300

Close: 1,126.7600

Mid: 1,121.8750

16

Open: 1,126.8000

Close: 1,107.6700

Mid: 1,118.4100

17
18
19

Open: 1,107.6200

Close: 1,107.9700

Mid: 1,120.6650

20

Open: 1,107.9700

Close: 1,187.5900

Mid: 1,146.6250

21

Open: 1,187.8400

Close: 1,189.8600

Mid: 1,182.7650

22

Open: 1,189.7400

Close: 1,192.0600

Mid: 1,190.4900

23

Open: 1,191.9500

Close: 1,189.7200

Mid: 1,190.1600

24
25
26

Open: 1,189.9400

Close: 1,143.4600

Mid: 1,165.6600

27

Open: 1,143.4400

Close: 1,167.2000

Mid: 1,156.1550

28

Open: 1,167.2800

Close: 1,200.9500

Mid: 1,175.1150

29

Open: 1,200.9200

Close: 1,191.1200

Mid: 1,182.8550

March - 2024

SunMonTueWedThuFriSat
1

Open: 1,191.5400

Close: 1,166.2800

Mid: 1,180.6800

2
3
4

Open: 1,163.9700

Close: 1,114.1700

Mid: 1,137.7800

5

Open: 1,114.2000

Close: 1,148.3900

Mid: 1,132.2300

6

Open: 1,148.4200

Close: 1,177.3700

Mid: 1,162.7950

7

Open: 1,177.2300

Close: 1,182.5300

Mid: 1,177.4550

8

Open: 1,182.5200

Close: 1,182.7200

Mid: 1,181.9750

9
10
11

Open: 1,182.7400

Close: 1,205.4100

Mid: 1,190.4650

12

Open: 1,205.4200

Close: 1,195.6500

Mid: 1,186.4000

13

Open: 1,195.6100

Close: 1,193.7600

Mid: 1,183.5150

14

Open: 1,193.7700

Close: 1,178.1800

Mid: 975.2685

15

Open: 1,178.1900

Close: 1,189.5400

Mid: 1,181.1400

16
17
18

Open: 1,189.1900

Close: 1,155.9700

Mid: 1,171.3350

19

Open: 1,155.9900

Close: 1,088.8200

Mid: 1,125.0800

20

Open: 1,088.8400

Close: 1,097.6900

Mid: 1,100.3300

21

Open: 1,097.7000

Close: 1,012.5900

Mid: 1,055.7750

22

Open: 1,012.5900

Close: 1,076.5900

Mid: 1,040.5400

23
24
25

Open: 1,077.5100

Close: 1,048.7100

Mid: 1,055.1550

26

Open: 1,048.7200

Close: 1,028.0100

Mid: 1,044.7550

27

Open: 1,028.0200

Close: 1,045.6400

Mid: 1,035.5150

28

Open: 1,045.6400

Close: 1,029.0900

Mid: 1,037.1600

29

Open: 1,029.0900

Close: 1,050.4400

Mid: 1,038.2800

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1,048.5400

Close: 962.8480

Mid: 1,005.6585

2

Open: 962.8360

Close: 954.5470

Mid: 966.2485

3

Open: 954.5240

Close: 975.5120

Mid: 952.3270

4

Open: 975.5120

Close: 974.4230

Mid: 976.4880

5

Open: 974.3990

Close: 918.0600

Mid: 946.1495

6
7
8

Open: 917.6260

Close: 914.9470

Mid: 934.8840

9

Open: 914.9530

Close: 920.0260

Mid: 915.8470

10

Open: 920.0160

Close: 906.2990

Mid: 912.3465

11

Open: 906.3340

Close: 907.5670

Mid: 907.5280

12

Open: 907.5910

Close: 873.0240

Mid: 887.6950

13
14
15

Open: 871.7480

Close: 836.1950

Mid: 854.3755

16

Open: 836.2370

Close: 829.9680

Mid: 835.8610

17

Open: 830.0140

Close: 835.8890

Mid: 829.3095

18

Open: 835.9250

Close: 836.3110

Mid: 836.5945

19

Open: 836.2690

Close: 759.2140

Mid: 797.6450

20
21
22

Open: 758.4630

Close: 900.5530

Mid: 830.3155

23

Open: 900.5290

Close: 902.7880

Mid: 906.0195

24

Open: 902.8360

Close: 915.1200

Mid: 921.4600

25

Open: 915.1310

Close: 938.6090

Mid: 926.1660

26

Open: 938.6430

Close: 955.5630

Mid: 947.2150

27
28
29

Open: 955.0590

Close: 993.3740

Mid: 974.9625

30

Open: 993.3680

Close: 1,008.8800

Mid: 1,001.5360

May - 2024

SunMonTueWedThuFriSat
1

Open: 1,008.8800

Close: 1,014.8900

Mid: 1,012.7800

2

Open: 1,014.9000

Close: 1,004.4800

Mid: 1,008.1790

3

Open: 1,004.4600

Close: 1,010.4200

Mid: 1,016.6800

4
5
6

Open: 1,010.8200

Close: 1,014.1800

Mid: 1,019.7900

7

Open: 1,014.2100

Close: 1,012.0100

Mid: 1,011.6300

8

Open: 1,011.9900

Close: 1,025.5500

Mid: 1,018.6300

9

Open: 1,025.5500

Close: 1,037.9100

Mid: 1,034.9800

10

Open: 1,037.9100

Close: 1,042.1700

Mid: 1,044.7700

11
12
13

Open: 1,043.1500

Close: 1,057.5700

Mid: 1,056.1350

14

Open: 1,057.5700

Close: 1,100.5800

Mid: 1,079.8250

15

Open: 1,100.5900

Close: 1,119.3400

Mid: 1,104.2500

16

Open: 1,119.3400

Close: 1,118.4700

Mid: 1,123.3600

17

Open: 1,118.4800

Close: 1,079.9300

Mid: 1,098.9950

18
19
20

Open: 1,079.7000

Close: 1,124.8300

Mid: 1,102.6200

21

Open: 1,124.8500

Close: 1,040.2900

Mid: 1,082.5550

22

Open: 1,040.2900

Close: 1,046.0200

Mid: 1,048.3800

23

Open: 1,046.0300

Close: 1,051.6500

Mid: 1,052.0900

24

Open: 1,051.6200

Close: 1,074.4900

Mid: 1,066.2000

25
26
27

Open: 1,074.5800

Close: 1,083.8300

Mid: 1,087.2500

28

Open: 1,083.8500

Close: 1,019.3500

Mid: 1,053.0250

29

Open: 1,019.3600

Close: 1,020.9000

Mid: 1,037.4900

30

Open: 1,020.8600

Close: 975.7700

Mid: 1,015.9505

31

Open: 975.8320

Close: 979.8380

Mid: 977.7685

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1,090.9100

Close: 1,091.0500

Mid: 1,088.8950

4

Open: 1,091.0200

Close: 1,074.3100

Mid: 1,083.7350

5

Open: 1,074.3100

Close: 1,093.6700

Mid: 1,083.4800

6

Open: 1,093.6700

Close: 1,094.7000

Mid: 1,093.6900

7

Open: 1,094.6900

Close: 1,068.8500

Mid: 1,082.4100

8
9
10

Open: 1,070.0900

Close: 1,091.6600

Mid: 1,083.7100

11

Open: 1,091.6400

Close: 1,093.0500

Mid: 1,084.5300

12

Open: 1,093.1100

Close: 1,096.6700

Mid: 1,092.6650

13

Open: 1,096.6800

Close: 1,095.5000

Mid: 1,088.4450

14

Open: 1,095.4800

Close: 1,088.8500

Mid: 1,085.5250

15
16
17

Open: 1,088.5500

Close: 1,080.7100

Mid: 1,083.3000

18

Open: 1,080.7000

Close: 1,086.8500

Mid: 1,085.6550

19

Open: 1,086.8900

Close: 1,087.0300

Mid: 1,094.2850

20

Open: 1,087.0300

Close: 1,087.8600

Mid: 1,086.6550

21

Open: 1,087.8400

Close: 1,094.7800

Mid: 1,088.8000

22
23
24

Open: 1,086.6300

Close: 1,120.7000

Mid: 1,103.2350

25

Open: 1,120.6600

Close: 1,124.6500

Mid: 1,123.4250

26

Open: 1,124.6800

Close: 1,124.0500

Mid: 1,118.8200

27

Open: 1,124.0700

Close: 1,124.3600

Mid: 1,124.5800

28

Open: 1,124.3700

Close: 1,122.3600

Mid: 1,123.2400

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1,123.7400

Close: 1,115.6800

Mid: 1,119.1850

2

Open: 1,115.6700

Close: 1,089.3200

Mid: 1,092.7650

3

Open: 1,089.3100

Close: 1,103.0400

Mid: 1,096.7600

4

Open: 1,104.1800

Close: 1,121.2300

Mid: 1,112.9200

5

Open: 1,121.2300

Close: 1,119.8400

Mid: 1,116.2850

6
7
8

Open: 1,119.7300

Close: 1,126.8700

Mid: 1,128.3300

9

Open: 1,126.2500

Close: 1,137.4400

Mid: 1,132.7350

10

Open: 1,137.4400

Close: 1,158.8000

Mid: 1,148.0900

11

Open: 1,158.8000

Close: 1,153.0400

Mid: 1,151.5100

12

Open: 1,153.0800

Close: 1,171.5800

Mid: 1,169.6300

13
14
15

Open: 1,173.1400

Close: 1,183.8800

Mid: 1,178.4100

16

Open: 1,183.8600

Close: 1,169.8800

Mid: 1,177.1600

17

Open: 1,169.8700

Close: 1,180.1700

Mid: 1,177.2750

18

Open: 1,180.1800

Close: 1,187.2900

Mid: 1,192.5000

19

Open: 1,187.3300

Close: 1,169.1300

Mid: 1,176.6100

20
21
22

Open: 1,169.9000

Close: 1,168.0200

Mid: 1,182.6650

23

Open: 1,168.0200

Close: 1,165.7100

Mid: 1,159.0000

24

Open: 1,165.7300

Close: 1,120.5400

Mid: 1,143.0700

25

Open: 1,120.4100

Close: 1,145.5700

Mid: 1,133.7500

26

Open: 1,146.2000

Close: 1,153.6200

Mid: 1,140.3750

27
28
29

Open: 1,153.6300

Close: 1,169.4400

Mid: 1,164.6350

30

Open: 1,169.4400

Close: 1,185.9600

Mid: 1,175.7400

31

Open: 1,185.9800

Close: 1,203.0600

Mid: 1,189.3350

August - 2024

SunMonTueWedThuFriSat
1

Open: 1,203.0800

Close: 1,196.4300

Mid: 1,200.9650

2

Open: 1,196.4400

Close: 1,167.7100

Mid: 1,182.1650

3
4
5

Open: 1,178.0800

Close: 1,153.1500

Mid: 1,165.9300

6

Open: 1,153.1800

Close: 1,156.2900

Mid: 1,155.7100

7

Open: 1,156.2900

Close: 1,167.7800

Mid: 1,158.3200

8

Open: 1,167.8100

Close: 1,164.6300

Mid: 1,158.3000

9

Open: 1,164.5900

Close: 1,179.5900

Mid: 1,165.6550

10
11
12

Open: 1,179.7800

Close: 1,156.4500

Mid: 1,157.6300

13

Open: 1,156.4200

Close: 1,160.2800

Mid: 1,158.0350

14

Open: 1,160.2900

Close: 1,161.0500

Mid: 1,160.1500

15

Open: 1,161.2500

Close: 1,157.6700

Mid: 1,154.9500

16

Open: 1,157.6600

Close: 1,162.4400

Mid: 1,159.3650

17
18
19

Open: 1,161.8400

Close: 1,171.7800

Mid: 1,166.6850

20

Open: 1,171.8100

Close: 1,156.3100

Mid: 1,163.1200

21

Open: 1,156.3300

Close: 1,161.3500

Mid: 1,157.6400

22

Open: 1,161.5100

Close: 1,157.2600

Mid: 1,159.0400

23

Open: 1,157.2700

Close: 1,165.7400

Mid: 1,161.8250

24
25
26

Open: 1,165.9100

Close: 1,178.8200

Mid: 1,170.5250

27

Open: 1,178.8600

Close: 1,182.7000

Mid: 1,180.6450

28

Open: 1,182.7300

Close: 1,179.1800

Mid: 1,181.1550

29

Open: 1,179.1900

Close: 1,180.8800

Mid: 1,180.8350

30

Open: 1,180.8500

Close: 1,178.6600

Mid: 1,180.1000

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,180.8500

Close: 1,178.6600

Mid: 1,180.1000

3

Open: 1,180.8500

Close: 1,178.6600

Mid: 1,180.1000

4

Open: 1,180.8500

Close: 1,178.6600

Mid: 1,180.1000

5
6
7
8
9

Open: 1,183.2600

Close: 1,214.9900

Mid: 1,198.3250

10

Open: 1,215.0200

Close: 1,208.8300

Mid: 1,211.3850

11

Open: 1,208.8500

Close: 1,219.2000

Mid: 1,215.2600

12

Open: 1,219.2200

Close: 1,219.0700

Mid: 1,210.5600

13

Open: 1,219.0600

Close: 1,204.1700

Mid: 1,204.7300

14
15
16

Open: 1,219.0600

Close: 1,204.1700

Mid: 1,204.7300

17

Open: 1,219.0600

Close: 1,204.1700

Mid: 1,204.7300

18

Open: 1,219.0600

Close: 1,204.1700

Mid: 1,204.7300

19
20
21
22
23

Open: 1,208.2800

Close: 1,210.2900

Mid: 1,203.0400

24

Open: 1,210.4400

Close: 1,201.7600

Mid: 1,203.6900

25

Open: 1,201.7600

Close: 1,230.3300

Mid: 1,216.1150

26

Open: 1,230.4100

Close: 1,227.8900

Mid: 1,227.9200

27

Open: 1,227.9000

Close: 1,234.4500

Mid: 1,230.2300

28
29
30

Open: 1,234.2900

Close: 1,234.3500

Mid: 1,234.3700

October - 2024

SunMonTueWedThuFriSat
1

Open: 1,234.3500

Close: 1,236.5100

Mid: 1,236.3800

2

Open: 1,236.5300

Close: 1,237.4900

Mid: 1,238.5250

3

Open: 1,237.5500

Close: 1,213.5100

Mid: 1,227.1150

4

Open: 1,213.6700

Close: 1,197.2800

Mid: 1,208.7000

5
6
7

Open: 1,206.7300

Close: 1,189.0500

Mid: 1,206.6050

8

Open: 1,189.0600

Close: 1,187.2500

Mid: 1,196.8400

9

Open: 1,187.3300

Close: 1,181.5300

Mid: 1,179.9000

10

Open: 1,181.5300

Close: 1,179.1900

Mid: 1,175.1800

11

Open: 1,179.2300

Close: 1,177.1500

Mid: 1,177.4500

12
13
14

Open: 1,191.7900

Close: 1,185.2800

Mid: 1,182.3200

15

Open: 1,185.3800

Close: 1,186.7000

Mid: 1,182.9600

16

Open: 1,186.7300

Close: 1,188.6100

Mid: 1,188.2300

17

Open: 1,188.5800

Close: 1,185.0100

Mid: 1,187.4550

18

Open: 1,185.0300

Close: 1,184.5900

Mid: 1,186.0900

19
20
21

Open: 1,184.2400

Close: 1,184.9400

Mid: 1,186.1450

22

Open: 1,184.9100

Close: 1,192.7200

Mid: 1,189.0600

23

Open: 1,192.7700

Close: 1,187.7000

Mid: 1,189.5000

24

Open: 1,187.6700

Close: 1,187.5200

Mid: 1,187.8350

25

Open: 1,187.6400

Close: 1,183.9800

Mid: 1,190.5300

26
27
28

Open: 1,184.6100

Close: 1,182.4900

Mid: 1,182.0550

29

Open: 1,182.4200

Close: 1,184.2000

Mid: 1,194.5750

30

Open: 1,184.2400

Close: 1,184.4400

Mid: 1,181.7550

31

Open: 1,184.4600

Close: 1,178.9300

Mid: 1,180.7200

November - 2024

SunMonTueWedThuFriSat
1

Open: 1,178.9500

Close: 1,172.2300

Mid: 1,177.9200

2
3
4

Open: 1,183.0800

Close: 1,182.3300

Mid: 1,182.6950

5

Open: 1,182.3600

Close: 1,201.7500

Mid: 1,191.4550

6

Open: 1,201.7600

Close: 1,200.6500

Mid: 1,198.9900

7

Open: 1,200.6600

Close: 1,213.1200

Mid: 1,207.4250

8

Open: 1,213.1500

Close: 1,198.9500

Mid: 1,205.7500

9
10
11

Open: 1,200.2000

Close: 1,201.6600

Mid: 1,211.4200

12

Open: 1,201.6400

Close: 1,199.6800

Mid: 1,200.4450

13

Open: 1,199.7000

Close: 1,198.4100

Mid: 1,200.0950

14

Open: 1,198.4200

Close: 1,194.6200

Mid: 1,200.2200

15

Open: 1,194.6900

Close: 1,181.4100

Mid: 1,188.0800

16
17
18

Open: 1,182.0500

Close: 1,190.2800

Mid: 1,193.9550

19

Open: 1,190.2900

Close: 1,203.4100

Mid: 1,194.7600

20

Open: 1,203.4000

Close: 1,204.0300

Mid: 1,200.1850

21

Open: 1,204.0500

Close: 1,212.4400

Mid: 1,207.2050

22

Open: 1,212.4700

Close: 1,216.2000

Mid: 1,211.2450

23
24
25

Open: 1,215.8600

Close: 1,203.1800

Mid: 1,210.0500

26

Open: 1,203.1800

Close: 1,203.9700

Mid: 1,197.8050

27

Open: 1,204.0000

Close: 1,204.5500

Mid: 1,202.3000

28

Open: 1,204.5700

Close: 1,203.2300

Mid: 1,204.6250

29

Open: 1,203.2300

Close: 1,199.9800

Mid: 1,195.2000

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1,204.6300

Close: 1,193.4500

Mid: 1,193.9500

3

Open: 1,193.4500

Close: 1,178.6400

Mid: 1,184.0950

4

Open: 1,178.6400

Close: 1,156.7600

Mid: 1,168.7150

5

Open: 1,156.7700

Close: 1,145.2700

Mid: 1,148.0800

6

Open: 1,145.2500

Close: 1,115.5300

Mid: 1,131.3300

7
8
9

Open: 1,115.6700

Close: 1,111.1200

Mid: 1,115.9150

10

Open: 1,111.1600

Close: 1,112.2900

Mid: 1,112.2100

11

Open: 1,112.3100

Close: 1,094.0000

Mid: 1,104.2800

12

Open: 1,094.0100

Close: 1,089.1200

Mid: 1,092.6600

13

Open: 1,089.1100

Close: 1,088.1800

Mid: 1,088.8050

14
15
16

Open: 1,087.4000

Close: 1,083.0900

Mid: 1,084.9400

17

Open: 1,083.1000

Close: 1,085.5000

Mid: 1,084.1400

18

Open: 1,085.4100

Close: 1,077.4100

Mid: 1,082.7600

19

Open: 1,077.4100

Close: 1,078.9500

Mid: 1,080.2750

20

Open: 1,078.9300

Close: 1,077.9300

Mid: 1,079.9750

21
22
23

Open: 1,078.3200

Close: 1,077.9000

Mid: 1,077.1000

24

Open: 1,077.9100

Close: 1,077.9000

Mid: 1,075.8750

25
26
27
28
29
30
31

Compare Exchange Rates:

Know What the Best Exchange Rate Looks Like

Benchmark the exchange rate market with Pound Sterling Live's custom currency rate comparison tool with built-in algorithms to find the best rates in the market.

Why

Banks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.

But, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger.

Therefore when we focus on the transfer fee when sending money abroad we often miss the biggest cost: the exchange rate spread.

Foreign exchange providers have essentially recognised this and they enter the market to transfer money at tighter spreads, thereby saving potentially significant amounts of money for their clients simply by providing better exchange rates.

For example, the transfer of £100K into euros is expected to attract a rate that delivers between €112,480 and €113,296 with the UK's leading high street banks. But FCA authorised providers will provide a rate that delivers between €115,510 and €115,740 (using rates on 05/07/21).

Taking the time to work with a FCA regulated currency provider could therefore result in the delivery of an extra euros amount of between €2444 and €3030.

Safety is Everything

Pound Sterling Live only works with foreign exchange payment companies that are FCA Authorised. This is important: FCA regulations and oversight requires the money they transfer on your behalf to be protected through a process known as 'safeguarding'. Safeguarding requires the payments company to keep your money separate from their own money in a top-tier bank. Therefore if the provider comes under stress your money should be protected.