Best Canadian Dollar / Qatari Riyal Exchange Rate Today: 2.5784
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 2.5707, and the most competitive travel money / cash rates start at approximately 2.5552.
Live rate: 1 CAD = 2.5784 QAR (-0.0736% )
Inverted: 1 QAR = 0.3878 CAD
Click here for our full travel and holiday rates comparison tool.
Comparison Results:
Provider | Exchange Rate | Fee | You Get | Service | Notes | Action |
Live Market Rate | 2.5784 | 0 | 2.5526 | |||
2.5707 (indicative) | 0 | 2.5707 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | ||
2.5604 (indicative) | 0 | 2.5604 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | ||
2.5784 | 1.23% | 2.5467 | Best Multi-Currency Card | One currency card for all your travels. Use it instantly as a digital card and top-up from the app, with the mid-market rate. 40+ currencies. Save up to 87% when you spend internationally. | ||
2.5552 | 0 | 2.5552 | Holiday FX, Cash Delivery | A specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. A multiple award-winning company, offering free delivery (over £700.00), no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available. | ||
Best Bank Rate | 2.5062 (upper range) | Variable | 2.5062 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 2.4882 (lower range) | Variable | 2.4882 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal | 2.4624 | 0 | 2.4624 | International Payments and Transfers |
« | » |
January - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 2.7255 Close: 2.7344 Mid: 2.7291 | 3 Open: 2.7344 Close: 2.7239 Mid: 2.7280 | 4 Open: 2.7293 Close: 2.7263 Mid: 2.7262 | 5 Open: 2.7390 Close: 2.7284 Mid: 2.7357 | 6 | |
7 | 8 Open: 2.7295 Close: 2.7266 Mid: 2.7264 | 9 Open: 2.7295 Close: 2.7266 Mid: 2.7264 | 10 Open: 2.7233 Close: 2.7189 Mid: 2.7230 | 11 Open: 2.7233 Close: 2.7189 Mid: 2.7230 | 12 Open: 2.7205 Close: 2.7186 Mid: 2.7249 | 13 |
14 | 15 Open: 2.7205 Close: 2.7186 Mid: 2.7249 | 16 Open: 2.6924 Close: 2.6990 Mid: 2.6978 | 17 Open: 2.7070 Close: 2.6954 Mid: 2.7002 | 18 Open: 2.6980 Close: 2.6953 Mid: 2.6982 | 19 Open: 2.6959 Close: 2.7029 Mid: 2.6986 | 20 |
21 | 22 Open: 2.7145 Close: 2.7044 Mid: 2.7109 | 23 Open: 2.6907 Close: 2.6995 Mid: 2.6938 | 24 Open: 2.7170 Close: 2.6960 Mid: 2.7074 | 25 Open: 2.6874 Close: 2.7009 Mid: 2.6935 | 26 Open: 2.7058 Close: 2.7110 Mid: 2.7085 | 27 |
28 | 29 Open: 2.7014 Close: 2.7097 Mid: 2.7064 | 30 Open: 2.7030 Close: 2.7091 Mid: 2.7081 | 31 Open: 2.7211 Close: 2.7162 Mid: 2.7189 |
February - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.7087 Close: 2.7073 Mid: 2.7117 | 2 Open: 2.6949 Close: 2.7029 Mid: 2.6991 | 3 | ||||
4 | 5 Open: 2.6804 Close: 2.6857 Mid: 2.6850 | 6 Open: 2.6983 Close: 2.6946 Mid: 2.6964 | 7 Open: 2.7054 Close: 2.7050 Mid: 2.7032 | 8 Open: 2.7013 Close: 2.7040 Mid: 2.7041 | 9 Open: 2.7078 Close: 2.7072 Mid: 2.7094 | 10 |
11 | 12 Open: 2.7027 Close: 2.7052 Mid: 2.7044 | 13 Open: 2.7010 Close: 2.6862 Mid: 2.6923 | 14 Open: 2.6767 Close: 2.6866 Mid: 2.6843 | 15 Open: 2.6912 Close: 2.6999 Mid: 2.6953 | 16 Open: 2.6958 Close: 2.6918 Mid: 2.6942 | 17 |
18 | 19 Open: 2.6958 Close: 2.6918 Mid: 2.6942 | 20 Open: 2.7112 Close: 2.6976 Mid: 2.7005 | 21 Open: 2.6915 Close: 2.6924 Mid: 2.6932 | 22 Open: 2.7008 Close: 2.7010 Mid: 2.7032 | 23 Open: 2.7035 Close: 2.6963 Mid: 2.6993 | 24 |
25 | 26 Open: 2.6956 Close: 2.6932 Mid: 2.6928 | 27 Open: 2.6954 Close: 2.6909 Mid: 2.6954 | 28 Open: 2.6954 Close: 2.6909 Mid: 2.6954 | 29 Open: 2.6725 Close: 2.6800 Mid: 2.6756 |
March - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6769 Close: 2.6728 Mid: 2.6746 | 2 | |||||
3 | 4 Open: 2.6769 Close: 2.6728 Mid: 2.6746 | 5 Open: 2.6769 Close: 2.6728 Mid: 2.6746 | 6 Open: 2.6873 Close: 2.6976 Mid: 2.6911 | 7 Open: 2.7071 Close: 2.7020 Mid: 2.7048 | 8 Open: 2.7022 Close: 2.7034 Mid: 2.7042 | 9 |
10 | 11 Open: 2.6945 Close: 2.7029 Mid: 2.6994 | 12 Open: 2.6924 Close: 2.6952 Mid: 2.6964 | 13 Open: 2.7011 Close: 2.7041 Mid: 2.7021 | 14 Open: 2.7041 Close: 2.6878 Mid: 2.6972 | 15 Open: 2.6877 Close: 2.6885 Mid: 2.6904 | 16 |
17 | 18 Open: 2.6861 Close: 2.6905 Mid: 2.6884 | 19 Open: 2.6905 Close: 2.6856 Mid: 2.6876 | 20 Open: 2.6835 Close: 2.6810 Mid: 2.6822 | 21 Open: 2.6835 Close: 2.6810 Mid: 2.6822 | 22 Open: 2.6793 Close: 2.6767 Mid: 2.6820 | 23 |
24 | 25 Open: 2.6900 Close: 2.6828 Mid: 2.6850 | 26 Open: 2.6785 Close: 2.6807 Mid: 2.6800 | 27 Open: 2.6789 Close: 2.6801 Mid: 2.6789 | 28 Open: 2.6832 Close: 2.6919 Mid: 2.6870 | 29 Open: 2.6886 Close: 2.6915 Mid: 2.6874 | 30 |
31 |
April - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6757 Close: 2.6876 Mid: 2.6812 | 2 Open: 2.6757 Close: 2.6876 Mid: 2.6812 | 3 Open: 2.6985 Close: 2.6905 Mid: 2.6960 | 4 Open: 2.6906 Close: 2.6963 Mid: 2.6953 | 5 Open: 2.6839 Close: 2.6755 Mid: 2.6797 | 6 | |
7 | 8 Open: 2.6827 Close: 2.6815 Mid: 2.6825 | 9 Open: 2.6858 Close: 2.6811 Mid: 2.6809 | 10 Open: 2.6515 Close: 2.6592 Mid: 2.6545 | 11 Open: 2.6515 Close: 2.6592 Mid: 2.6545 | 12 Open: 2.6379 Close: 2.6433 Mid: 2.6428 | 13 |
14 | 15 Open: 2.6499 Close: 2.6466 Mid: 2.6483 | 16 Open: 2.6363 Close: 2.6328 Mid: 2.6316 | 17 Open: 2.6363 Close: 2.6328 Mid: 2.6316 | 18 Open: 2.6452 Close: 2.6495 Mid: 2.6463 | 19 Open: 2.6389 Close: 2.6555 Mid: 2.6464 | 20 |
21 | 22 Open: 2.6385 Close: 2.6565 Mid: 2.6499 | 23 Open: 2.6758 Close: 2.6614 Mid: 2.6688 | 24 Open: 2.6657 Close: 2.6548 Mid: 2.6613 | 25 Open: 2.6620 Close: 2.6606 Mid: 2.6592 | 26 Open: 2.6620 Close: 2.6606 Mid: 2.6592 | 27 |
28 | 29 Open: 2.6760 Close: 2.6630 Mid: 2.6702 | 30 Open: 2.6583 Close: 2.6503 Mid: 2.6544 |
May - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6510 Close: 2.6508 Mid: 2.6533 | 2 Open: 2.6456 Close: 2.6575 Mid: 2.6532 | 3 Open: 2.6583 Close: 2.6592 Mid: 2.6571 | 4 | |||
5 | 6 Open: 2.6654 Close: 2.6648 Mid: 2.6621 | 7 Open: 2.6624 Close: 2.6620 Mid: 2.6616 | 8 Open: 2.6510 Close: 2.6537 Mid: 2.6517 | 9 Open: 2.6579 Close: 2.6611 Mid: 2.6622 | 10 Open: 2.6579 Close: 2.6611 Mid: 2.6622 | 11 |
12 | 13 Open: 2.6722 Close: 2.6637 Mid: 2.6668 | 14 Open: 2.6695 Close: 2.6656 Mid: 2.6709 | 15 Open: 2.6833 Close: 2.6730 Mid: 2.6794 | 16 Open: 2.6735 Close: 2.6734 Mid: 2.6728 | 17 Open: 2.6733 Close: 2.6741 Mid: 2.6734 | 18 |
19 | 20 Open: 2.6779 Close: 2.6738 Mid: 2.6753 | 21 Open: 2.6756 Close: 2.6687 Mid: 2.6709 | 22 Open: 2.6709 Close: 2.6612 Mid: 2.6679 | 23 Open: 2.6593 Close: 2.6564 Mid: 2.6602 | 24 Open: 2.6601 Close: 2.6644 Mid: 2.6623 | 25 |
26 | 27 Open: 2.6601 Close: 2.6644 Mid: 2.6623 | 28 Open: 2.6601 Close: 2.6644 Mid: 2.6623 | 29 Open: 2.6592 Close: 2.6578 Mid: 2.6573 | 30 Open: 2.6626 Close: 2.6636 Mid: 2.6622 | 31 Open: 2.6615 Close: 2.6693 Mid: 2.6673 |
June - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 2.6827 Close: 2.6683 Mid: 2.6762 | 4 Open: 2.6653 Close: 2.6637 Mid: 2.6627 | 5 Open: 2.6623 Close: 2.6552 Mid: 2.6574 | 6 Open: 2.6605 Close: 2.6647 Mid: 2.6623 | 7 Open: 2.6489 Close: 2.6447 Mid: 2.6483 | 8 |
9 | 10 Open: 2.6489 Close: 2.6447 Mid: 2.6483 | 11 Open: 2.6453 Close: 2.6430 Mid: 2.6436 | 12 Open: 2.6671 Close: 2.6621 Mid: 2.6628 | 13 Open: 2.6461 Close: 2.6502 Mid: 2.6477 | 14 Open: 2.6502 Close: 2.6502 Mid: 2.6502 | 15 |
16 | 17 Open: 2.6502 Close: 2.6502 Mid: 2.6502 | 18 Open: 2.6508 Close: 2.6520 Mid: 2.6521 | 19 Open: 2.6566 Close: 2.6553 Mid: 2.6539 | 20 Open: 2.6442 Close: 2.6609 Mid: 2.6522 | 21 Open: 2.6555 Close: 2.6575 Mid: 2.6574 | 22 |
23 | 24 Open: 2.6671 Close: 2.6630 Mid: 2.6635 | 25 Open: 2.6625 Close: 2.6634 Mid: 2.6647 | 26 Open: 2.6533 Close: 2.6581 Mid: 2.6561 | 27 Open: 2.6533 Close: 2.6581 Mid: 2.6561 | 28 Open: 2.6533 Close: 2.6581 Mid: 2.6561 | 29 |
30 |
July - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6533 Close: 2.6581 Mid: 2.6561 | 2 Open: 2.6499 Close: 2.6538 Mid: 2.6520 | 3 Open: 2.6772 Close: 2.6728 Mid: 2.6741 | 4 Open: 2.6772 Close: 2.6728 Mid: 2.6741 | 5 Open: 2.6829 Close: 2.6661 Mid: 2.6747 | 6 | |
7 | 8 Open: 2.6742 Close: 2.6732 Mid: 2.6694 | 9 Open: 2.6742 Close: 2.6732 Mid: 2.6694 | 10 Open: 2.6824 Close: 2.6725 Mid: 2.6776 | 11 Open: 2.6850 Close: 2.6688 Mid: 2.6764 | 12 Open: 2.6689 Close: 2.6633 Mid: 2.6680 | 13 |
14 | 15 Open: 2.6689 Close: 2.6633 Mid: 2.6680 | 16 Open: 2.6689 Close: 2.6633 Mid: 2.6680 | 17 Open: 2.6696 Close: 2.6600 Mid: 2.6635 | 18 Open: 2.6696 Close: 2.6600 Mid: 2.6635 | 19 Open: 2.6494 Close: 2.6519 Mid: 2.6510 | 20 |
21 | 22 Open: 2.6513 Close: 2.6413 Mid: 2.6464 | 23 Open: 2.6513 Close: 2.6413 Mid: 2.6464 | 24 Open: 2.6411 Close: 2.6405 Mid: 2.6410 | 25 Open: 2.6313 Close: 2.6399 Mid: 2.6341 | 26 Open: 2.6313 Close: 2.6399 Mid: 2.6341 | 27 |
28 | 29 Open: 2.6313 Close: 2.6399 Mid: 2.6341 | 30 Open: 2.6216 Close: 2.6275 Mid: 2.6259 | 31 Open: 2.6276 Close: 2.6327 Mid: 2.6325 |
August - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6241 Close: 2.6333 Mid: 2.6315 | 2 Open: 2.6368 Close: 2.6248 Mid: 2.6348 | 3 | ||||
4 | 5 Open: 2.6122 Close: 2.6296 Mid: 2.6233 | 6 Open: 2.6216 Close: 2.6470 Mid: 2.6357 | 7 Open: 2.6216 Close: 2.6470 Mid: 2.6357 | 8 Open: 2.6546 Close: 2.6487 Mid: 2.6549 | 9 Open: 2.6564 Close: 2.6535 Mid: 2.6546 | 10 |
11 | 12 Open: 2.6552 Close: 2.6526 Mid: 2.6552 | 13 Open: 2.6599 Close: 2.6480 Mid: 2.6533 | 14 Open: 2.6564 Close: 2.6660 Mid: 2.6603 | 15 Open: 2.6665 Close: 2.6532 Mid: 2.6602 | 16 Open: 2.6530 Close: 2.6521 Mid: 2.6510 | 17 |
18 | 19 Open: 2.6725 Close: 2.6704 Mid: 2.6712 | 20 Open: 2.6779 Close: 2.6714 Mid: 2.6736 | 21 Open: 2.6784 Close: 2.6762 Mid: 2.6767 | 22 Open: 2.6814 Close: 2.6728 Mid: 2.6764 | 23 Open: 2.6954 Close: 2.6903 Mid: 2.6936 | 24 |
25 | 26 Open: 2.6943 Close: 2.7027 Mid: 2.6983 | 27 Open: 2.7093 Close: 2.7026 Mid: 2.7059 | 28 Open: 2.6924 Close: 2.6991 Mid: 2.6978 | 29 Open: 2.6929 Close: 2.6977 Mid: 2.6974 | 30 Open: 2.6914 Close: 2.6982 Mid: 2.6951 | 31 |
September - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 2.6914 Close: 2.6982 Mid: 2.6951 | 3 Open: 2.6858 Close: 2.6814 Mid: 2.6827 | 4 Open: 2.6917 Close: 2.6949 Mid: 2.6920 | 5 Open: 2.6988 Close: 2.6925 Mid: 2.6994 | 6 Open: 2.6855 Close: 2.6818 Mid: 2.6852 | 7 |
8 | 9 Open: 2.5522 Close: 2.5634 Mid: 2.5570 | 10 Open: 2.6818 Close: 2.6705 Mid: 2.6763 | 11 Open: 2.6642 Close: 2.6786 Mid: 2.6703 | 12 Open: 2.6953 Close: 2.6775 Mid: 2.6872 | 13 Open: 2.6837 Close: 2.6774 Mid: 2.6806 | 14 |
15 | 16 Open: 2.6937 Close: 2.6781 Mid: 2.6862 | 17 Open: 2.6697 Close: 2.6781 Mid: 2.6723 | 18 Open: 2.6864 Close: 2.6744 Mid: 2.6786 | 19 Open: 2.6907 Close: 2.6857 Mid: 2.6887 | 20 Open: 2.6907 Close: 2.6857 Mid: 2.6887 | 21 |
22 | 23 Open: 2.6916 Close: 2.6912 Mid: 2.6962 | 24 Open: 2.6981 Close: 2.7060 Mid: 2.7018 | 25 Open: 2.6937 Close: 2.7009 Mid: 2.6978 | 26 Open: 2.6937 Close: 2.7009 Mid: 2.6978 | 27 Open: 2.7032 Close: 2.7006 Mid: 2.7028 | 28 |
29 | 30 Open: 2.6938 Close: 2.6923 Mid: 2.6905 |
October - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6923 Close: 2.6981 Mid: 2.6968 | 2 Open: 2.6960 Close: 2.6973 Mid: 2.6995 | 3 Open: 2.6972 Close: 2.6836 Mid: 2.6944 | 4 Open: 2.6829 Close: 2.6802 Mid: 2.6797 | 5 | ||
6 | 7 Open: 2.6754 Close: 2.6702 Mid: 2.6746 | 8 Open: 2.6754 Close: 2.6702 Mid: 2.6746 | 9 Open: 2.6631 Close: 2.6568 Mid: 2.6622 | 10 Open: 2.6499 Close: 2.6464 Mid: 2.6466 | 11 Open: 2.6529 Close: 2.6468 Mid: 2.6484 | 12 |
13 | 14 Open: 2.6529 Close: 2.6468 Mid: 2.6484 | 15 Open: 2.6463 Close: 2.6472 Mid: 2.6410 | 16 Open: 2.6428 Close: 2.6499 Mid: 2.6471 | 17 Open: 2.6487 Close: 2.6365 Mid: 2.6428 | 18 Open: 2.6454 Close: 2.6366 Mid: 2.6407 | 19 |
20 | 21 Open: 2.6248 Close: 2.6321 Mid: 2.6281 | 22 Open: 2.6283 Close: 2.6312 Mid: 2.6306 | 23 Open: 2.6280 Close: 2.6368 Mid: 2.6320 | 24 Open: 2.6413 Close: 2.6271 Mid: 2.6353 | 25 Open: 2.6413 Close: 2.6271 Mid: 2.6353 | 26 |
27 | 28 Open: 2.6239 Close: 2.6231 Mid: 2.6222 | 29 Open: 2.6281 Close: 2.6150 Mid: 2.6224 | 30 Open: 2.6117 Close: 2.6242 Mid: 2.6158 | 31 Open: 2.6005 Close: 2.6077 Mid: 2.6058 |
November - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6238 Close: 2.6036 Mid: 2.6151 | 2 | |||||
3 | 4 Open: 2.6120 Close: 2.6181 Mid: 2.6164 | 5 Open: 2.6311 Close: 2.6288 Mid: 2.6293 | 6 Open: 2.5981 Close: 2.6095 Mid: 2.6087 | 7 Open: 2.6352 Close: 2.6279 Mid: 2.6325 | 8 Open: 2.6162 Close: 2.6197 Mid: 2.6187 | 9 |
10 | 11 Open: 2.6162 Close: 2.6197 Mid: 2.6187 | 12 Open: 2.5968 Close: 2.6173 Mid: 2.6075 | 13 Open: 2.6024 Close: 2.6002 Mid: 2.6016 | 14 Open: 2.6000 Close: 2.5970 Mid: 2.6035 | 15 Open: 2.5841 Close: 2.5874 Mid: 2.5856 | 16 |
17 | 18 Open: 2.5935 Close: 2.5970 Mid: 2.5956 | 19 Open: 2.5971 Close: 2.6075 Mid: 2.6028 | 20 Open: 2.5991 Close: 2.6019 Mid: 2.5975 | 21 Open: 2.6008 Close: 2.6141 Mid: 2.6086 | 22 Open: 2.5926 Close: 2.6084 Mid: 2.5998 | 23 |
24 | 25 Open: 2.6041 Close: 2.6019 Mid: 2.6033 | 26 Open: 2.5966 Close: 2.5838 Mid: 2.5825 | 27 Open: 2.5966 Close: 2.5838 Mid: 2.5825 | 28 Open: 2.5966 Close: 2.5838 Mid: 2.5825 | 29 Open: 2.6058 Close: 2.5922 Mid: 2.5993 | 30 |
December - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 2.5827 Close: 2.5877 Mid: 2.5839 | 3 Open: 2.6004 Close: 2.5923 Mid: 2.5973 | 4 Open: 2.5969 Close: 2.5902 Mid: 2.5951 | 5 Open: 2.5980 Close: 2.5947 Mid: 2.5954 | 6 Open: 2.5946 Close: 2.5744 Mid: 2.5852 | 7 |
8 | 9 Open: 2.5788 Close: 2.5725 Mid: 2.5768 | 10 Open: 2.5691 Close: 2.5630 Mid: 2.5679 | 11 Open: 2.5691 Close: 2.5630 Mid: 2.5679 | 12 Open: 2.5691 Close: 2.5630 Mid: 2.5679 | 13 Open: 2.5691 Close: 2.5630 Mid: 2.5679 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 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.
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.
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.
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