Best Japanese Yen / Jamaican Dollar Exchange Rate Today: 0.9894
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.9864, and the most competitive travel money / cash rates start at approximately 0.9805.
Live rate: 1 JPY = 0.9894 JMD (-0.2017% )
Inverted: 1 JMD = 1.0107 JPY
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 | 0.9894 | 0 | 0.9795 | |||
 | 0.9864 (indicative) | 0 | 0.9864 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.9825 (indicative) | 0 | 0.9825 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.9894 | 32.4% | 0.6688 | 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. | |
 | 0.9805 | 0 | 0.9805 | 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  | 0.9617 (upper range) | Variable | 0.9617 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.9548 (lower range) | Variable | 0.9548 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.9449 | 0 | 0.9449 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0935 Close: 1.0966 Mid: 1.0943 | 2 Open: 1.0975 Close: 1.0989 Mid: 1.0957 | 3 Open: 1.0901 Close: 1.0735 Mid: 1.0812 | 4 Open: 1.0901 Close: 1.0735 Mid: 1.0812 | 5 Open: 1.0677 Close: 1.0636 Mid: 1.0648 | 6 | |
7 | 8 Open: 1.0646 Close: 1.0660 Mid: 1.0674 | 9 Open: 1.0682 Close: 1.0695 Mid: 1.0712 | 10 Open: 1.0682 Close: 1.0695 Mid: 1.0712 | 11 Open: 1.0607 Close: 1.0664 Mid: 1.0627 | 12 Open: 1.0607 Close: 1.0664 Mid: 1.0627 | 13 |
14 | 15 Open: 1.0695 Close: 1.0664 Mid: 1.0681 | 16 Open: 1.0695 Close: 1.0664 Mid: 1.0681 | 17 Open: 1.0570 Close: 1.0472 Mid: 1.0518 | 18 Open: 1.0570 Close: 1.0472 Mid: 1.0518 | 19 Open: 1.0570 Close: 1.0472 Mid: 1.0518 | 20 |
21 | 22 Open: 1.0478 Close: 1.0483 Mid: 1.0493 | 23 Open: 1.0485 Close: 1.0492 Mid: 1.0494 | 24 Open: 1.0492 Close: 1.0560 Mid: 1.0535 | 25 Open: 1.0558 Close: 1.0564 Mid: 1.0563 | 26 Open: 1.0558 Close: 1.0564 Mid: 1.0563 | 27 |
28 | 29 Open: 1.0558 Close: 1.0564 Mid: 1.0563 | 30 Open: 1.0530 Close: 1.0505 Mid: 1.0542 | 31 Open: 1.0530 Close: 1.0505 Mid: 1.0542 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0530 Close: 1.0505 Mid: 1.0542 | 2 Open: 1.0530 Close: 1.0505 Mid: 1.0542 | 3 | ||||
4 | 5 | 6 Open: 1.0513 Close: 1.0514 Mid: 1.0508 | 7 Open: 1.0574 Close: 1.0532 Mid: 1.0555 | 8 Open: 1.0532 Close: 1.0403 Mid: 1.0474 | 9 Open: 1.0406 Close: 1.0467 Mid: 1.0431 | 10 |
11 | 12 Open: 1.0470 Close: 1.0467 Mid: 1.0482 | 13 Open: 1.0470 Close: 1.0467 Mid: 1.0482 | 14 Open: 1.0470 Close: 1.0467 Mid: 1.0482 | 15 Open: 1.0470 Close: 1.0467 Mid: 1.0482 | 16 Open: 1.0470 Close: 1.0467 Mid: 1.0482 | 17 |
18 | 19 | 20 Open: 1.0446 Close: 1.0424 Mid: 1.0426 | 21 Open: 1.0423 Close: 1.0402 Mid: 1.0418 | 22 Open: 1.0399 Close: 1.0421 Mid: 1.0407 | 23 Open: 1.0399 Close: 1.0421 Mid: 1.0407 | 24 |
25 | 26 Open: 1.0399 Close: 1.0421 Mid: 1.0407 | 27 Open: 1.0399 Close: 1.0421 Mid: 1.0407 | 28 Open: 1.0347 Close: 1.0354 Mid: 1.0365 | 29 Open: 1.0347 Close: 1.0354 Mid: 1.0365 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0424 Close: 1.0377 Mid: 1.0391 | 2 | |||||
3 | 4 Open: 1.0424 Close: 1.0377 Mid: 1.0391 | 5 Open: 1.0424 Close: 1.0377 Mid: 1.0391 | 6 Open: 1.0424 Close: 1.0377 Mid: 1.0391 | 7 Open: 1.0401 Close: 1.0459 Mid: 1.0468 | 8 Open: 1.0458 Close: 1.0531 Mid: 1.0513 | 9 |
10 | 11 Open: 1.0458 Close: 1.0531 Mid: 1.0513 | 12 Open: 1.0458 Close: 1.0531 Mid: 1.0513 | 13 Open: 1.0493 Close: 1.0483 Mid: 1.0489 | 14 Open: 1.0486 Close: 1.0482 Mid: 1.0488 | 15 Open: 1.0482 Close: 1.0389 Mid: 1.0446 | 16 |
17 | 18 Open: 1.0368 Close: 1.0377 Mid: 1.0378 | 19 Open: 1.0376 Close: 1.0192 Mid: 1.0282 | 20 Open: 1.0185 Close: 1.0108 Mid: 1.0145 | 21 Open: 1.0108 Close: 1.0221 Mid: 1.0163 | 22 Open: 1.0108 Close: 1.0221 Mid: 1.0163 | 23 |
24 | 25 Open: 1.0114 Close: 1.0159 Mid: 1.0162 | 26 Open: 1.0150 Close: 1.0147 Mid: 1.0147 | 27 Open: 1.0148 Close: 1.0159 Mid: 1.0165 | 28 Open: 1.0148 Close: 1.0159 Mid: 1.0165 | 29 Open: 1.0164 Close: 1.0167 Mid: 1.0169 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0153 Close: 1.0205 Mid: 1.0182 | 2 Open: 1.0162 Close: 1.0147 Mid: 1.0160 | 3 Open: 1.0093 Close: 1.0024 Mid: 1.0063 | 4 Open: 1.0024 Close: 1.0192 Mid: 1.0107 | 5 Open: 1.0024 Close: 1.0192 Mid: 1.0107 | 6 | |
7 | 8 Open: 1.0178 Close: 1.0151 Mid: 1.0169 | 9 Open: 1.0151 Close: 1.0213 Mid: 1.0172 | 10 Open: 1.0214 Close: 1.0231 Mid: 1.0226 | 11 Open: 1.0118 Close: 1.0101 Mid: 1.0118 | 12 Open: 1.0118 Close: 1.0101 Mid: 1.0118 | 13 |
14 | 15 Open: 1.0108 Close: 1.0076 Mid: 1.0088 | 16 Open: 1.0076 Close: 1.0054 Mid: 1.0060 | 17 Open: 1.0076 Close: 1.0054 Mid: 1.0060 | 18 Open: 1.0068 Close: 1.0079 Mid: 1.0070 | 19 Open: 1.0068 Close: 1.0079 Mid: 1.0070 | 20 |
21 | 22 Open: 1.0068 Close: 1.0079 Mid: 1.0070 | 23 Open: 1.0068 Close: 1.0079 Mid: 1.0070 | 24 | 25 | 26 | 27 |
28 | 29 Open: 0.9866 Close: 0.9973 Mid: 0.9929 | 30 Open: 0.9866 Close: 0.9973 Mid: 0.9929 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9866 Close: 0.9973 Mid: 0.9929 | 2 Open: 1.0058 Close: 1.0154 Mid: 1.0068 | 3 Open: 1.0154 Close: 1.0266 Mid: 1.0221 | 4 | |||
5 | 6 Open: 1.0258 Close: 1.0196 Mid: 1.0225 | 7 Open: 1.0258 Close: 1.0196 Mid: 1.0225 | 8 Open: 1.0258 Close: 1.0196 Mid: 1.0225 | 9 Open: 1.0085 Close: 1.0032 Mid: 1.0068 | 10 Open: 1.0085 Close: 1.0032 Mid: 1.0068 | 11 |
12 | 13 Open: 1.0067 Close: 1.0004 Mid: 1.0039 | 14 Open: 1.0006 Close: 0.9963 Mid: 0.9994 | 15 Open: 0.9964 Close: 1.0008 Mid: 0.9997 | 16 Open: 0.9964 Close: 1.0008 Mid: 0.9997 | 17 Open: 0.9964 Close: 1.0008 Mid: 0.9997 | 18 |
19 | 20 Open: 1.0038 Close: 0.9998 Mid: 1.0025 | 21 Open: 0.9999 Close: 0.9997 Mid: 0.9994 | 22 Open: 0.9998 Close: 0.9955 Mid: 0.9975 | 23 Open: 0.9998 Close: 0.9955 Mid: 0.9975 | 24 Open: 0.9998 Close: 0.9955 Mid: 0.9975 | 25 |
26 | 27 Open: 0.9998 Close: 0.9955 Mid: 0.9975 | 28 Open: 0.9931 Close: 0.9901 Mid: 0.9918 | 29 Open: 0.9902 Close: 0.9911 Mid: 0.9907 | 30 Open: 0.9911 Close: 0.9923 Mid: 0.9939 | 31 Open: 0.9922 Close: 0.9875 Mid: 0.9908 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.9835 Close: 0.9861 Mid: 0.9859 | 4 Open: 0.9861 Close: 1.0014 Mid: 0.9940 | 5 Open: 1.0014 Close: 0.9961 Mid: 0.9987 | 6 Open: 0.9957 Close: 0.9986 Mid: 0.9968 | 7 Open: 0.9985 Close: 0.9975 Mid: 0.9985 | 8 |
9 | 10 Open: 0.9985 Close: 0.9975 Mid: 0.9985 | 11 Open: 0.9870 Close: 0.9900 Mid: 0.9886 | 12 Open: 0.9870 Close: 0.9900 Mid: 0.9886 | 13 Open: 0.9870 Close: 0.9900 Mid: 0.9886 | 14 Open: 0.9870 Close: 0.9900 Mid: 0.9886 | 15 |
16 | 17 Open: 0.9898 Close: 0.9851 Mid: 0.9890 | 18 Open: 0.9898 Close: 0.9851 Mid: 0.9890 | 19 Open: 0.9879 Close: 0.9854 Mid: 0.9871 | 20 Open: 0.9814 Close: 0.9811 Mid: 0.9814 | 21 Open: 0.9814 Close: 0.9811 Mid: 0.9814 | 22 |
23 | 24 Open: 0.9742 Close: 0.9747 Mid: 0.9758 | 25 Open: 0.9742 Close: 0.9747 Mid: 0.9758 | 26 Open: 0.9793 Close: 0.9728 Mid: 0.9760 | 27 Open: 0.9793 Close: 0.9728 Mid: 0.9760 | 28 Open: 0.9712 Close: 0.9712 Mid: 0.9725 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9708 Close: 0.9655 Mid: 0.9670 | 2 Open: 0.9653 Close: 0.9638 Mid: 0.9653 | 3 Open: 0.9639 Close: 0.9628 Mid: 0.9634 | 4 Open: 0.9639 Close: 0.9628 Mid: 0.9634 | 5 Open: 0.9712 Close: 0.9699 Mid: 0.9715 | 6 | |
7 | 8 Open: 0.9771 Close: 0.9754 Mid: 0.9754 | 9 Open: 0.9747 Close: 0.9737 Mid: 0.9737 | 10 Open: 0.9736 Close: 0.9670 Mid: 0.9704 | 11 Open: 0.9673 Close: 0.9815 Mid: 0.9768 | 12 Open: 0.9905 Close: 0.9910 Mid: 0.9910 | 13 |
14 | 15 Open: 0.9925 Close: 0.9919 Mid: 0.9928 | 16 Open: 0.9879 Close: 0.9857 Mid: 0.9864 | 17 Open: 0.9857 Close: 1.0032 Mid: 0.9944 | 18 Open: 1.0030 Close: 0.9989 Mid: 1.0033 | 19 Open: 0.9989 Close: 0.9925 Mid: 0.9955 | 20 |
21 | 22 Open: 0.9925 Close: 0.9962 Mid: 0.9968 | 23 Open: 0.9925 Close: 0.9962 Mid: 0.9968 | 24 Open: 0.9925 Close: 0.9962 Mid: 0.9968 | 25 Open: 0.9925 Close: 0.9962 Mid: 0.9968 | 26 Open: 1.0175 Close: 1.0172 Mid: 1.0164 | 27 |
28 | 29 Open: 1.0197 Close: 1.0145 Mid: 1.0174 | 30 Open: 1.0147 Close: 1.0246 Mid: 1.0166 | 31 Open: 1.0246 Close: 1.0424 Mid: 1.0314 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0246 Close: 1.0424 Mid: 1.0314 | 2 Open: 1.0246 Close: 1.0424 Mid: 1.0314 | 3 | ||||
4 | 5 Open: 1.0246 Close: 1.0424 Mid: 1.0314 | 6 | 7 | 8 | 9 | 10 |
11 | 12 Open: 1.0663 Close: 1.0675 Mid: 1.0640 | 13 Open: 1.0675 Close: 1.0629 Mid: 1.0643 | 14 Open: 1.0628 Close: 1.0664 Mid: 1.0662 | 15 Open: 1.0663 Close: 1.0524 Mid: 1.0598 | 16 Open: 1.0663 Close: 1.0524 Mid: 1.0598 | 17 |
18 | 19 Open: 1.0617 Close: 1.0675 Mid: 1.0688 | 20 Open: 1.0617 Close: 1.0675 Mid: 1.0688 | 21 Open: 1.0818 Close: 1.0771 Mid: 1.0770 | 22 Open: 1.0810 Close: 1.0733 Mid: 1.0775 | 23 Open: 1.0733 Close: 1.0776 Mid: 1.0756 | 24 |
25 | 26 Open: 1.0770 Close: 1.0834 Mid: 1.0833 | 27 Open: 1.0834 Close: 1.0859 Mid: 1.0827 | 28 Open: 1.0834 Close: 1.0859 Mid: 1.0827 | 29 Open: 1.0853 Close: 1.0851 Mid: 1.0848 | 30 Open: 1.0806 Close: 1.0752 Mid: 1.0788 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 1.0806 Close: 1.0752 Mid: 1.0788 | 3 Open: 1.0679 Close: 1.0795 Mid: 1.0744 | 4 Open: 1.0679 Close: 1.0795 Mid: 1.0744 | 5 Open: 1.0816 Close: 1.0932 Mid: 1.0880 | 6 Open: 1.0932 Close: 1.1070 Mid: 1.1001 | 7 |
8 | 9 Open: 1.1061 Close: 1.0977 Mid: 1.1006 | 10 Open: 1.0976 Close: 1.1016 Mid: 1.0987 | 11 Open: 1.1016 Close: 1.1045 Mid: 1.1088 | 12 Open: 1.1045 Close: 1.1018 Mid: 1.1025 | 13 Open: 1.1078 Close: 1.1155 Mid: 1.1128 | 14 |
15 | 16 Open: 1.1151 Close: 1.1107 Mid: 1.1163 | 17 Open: 1.1111 Close: 1.1067 Mid: 1.1105 | 18 Open: 1.1065 Close: 1.1045 Mid: 1.1101 | 19 Open: 1.1065 Close: 1.1045 Mid: 1.1101 | 20 Open: 1.1065 Close: 1.1045 Mid: 1.1101 | 21 |
22 | 23 Open: 1.1065 Close: 1.1045 Mid: 1.1101 | 24 | 25 | 26 Open: 1.0861 Close: 1.0815 Mid: 1.0845 | 27 Open: 1.0815 Close: 1.1062 Mid: 1.0896 | 28 |
29 | 30 Open: 1.1067 Close: 1.0978 Mid: 1.1032 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0980 Close: 1.0992 Mid: 1.0975 | 2 Open: 1.0980 Close: 1.0992 Mid: 1.0975 | 3 Open: 1.0980 Close: 1.0992 Mid: 1.0975 | 4 Open: 1.0730 Close: 1.0660 Mid: 1.0716 | 5 | ||
6 | 7 Open: 1.0730 Close: 1.0660 Mid: 1.0716 | 8 Open: 1.0730 Close: 1.0660 Mid: 1.0716 | 9 Open: 1.0730 Close: 1.0660 Mid: 1.0716 | 10 Open: 1.0601 Close: 1.0655 Mid: 1.0631 | 11 Open: 1.0601 Close: 1.0655 Mid: 1.0631 | 12 |
13 | 14 Open: 1.0610 Close: 1.0563 Mid: 1.0591 | 15 Open: 1.0610 Close: 1.0563 Mid: 1.0591 | 16 Open: 1.0522 Close: 1.0560 Mid: 1.0554 | 17 Open: 1.0522 Close: 1.0560 Mid: 1.0554 | 18 Open: 1.0522 Close: 1.0560 Mid: 1.0554 | 19 |
20 | 21 Open: 1.0522 Close: 1.0560 Mid: 1.0554 | 22 Open: 1.0518 Close: 1.0501 Mid: 1.0521 | 23 Open: 1.0504 Close: 1.0430 Mid: 1.0443 | 24 Open: 1.0416 Close: 1.0435 Mid: 1.0435 | 25 Open: 1.0433 Close: 1.0419 Mid: 1.0433 | 26 |
27 | 28 Open: 1.0345 Close: 1.0335 Mid: 1.0348 | 29 Open: 1.0332 Close: 1.0292 Mid: 1.0330 | 30 Open: 1.0293 Close: 1.0325 Mid: 1.0321 | 31 Open: 1.0321 Close: 1.0466 Mid: 1.0412 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0446 Close: 1.0365 Mid: 1.0395 | 2 | |||||
3 | 4 Open: 1.0383 Close: 1.0401 Mid: 1.0398 | 5 Open: 1.0416 Close: 1.0383 Mid: 1.0399 | 6 Open: 1.0303 Close: 1.0229 Mid: 1.0267 | 7 Open: 1.0274 Close: 1.0303 Mid: 1.0286 | 8 Open: 1.0357 Close: 1.0431 Mid: 1.0398 | 9 |
10 | 11 Open: 1.0367 Close: 1.0340 Mid: 1.0340 | 12 Open: 1.0305 Close: 1.0342 Mid: 1.0323 | 13 Open: 1.0247 Close: 1.0223 Mid: 1.0240 | 14 Open: 1.0225 Close: 1.0121 Mid: 1.0178 | 15 Open: 1.0121 Close: 1.0344 Mid: 1.0233 | 16 |
17 | 18 Open: 1.0298 Close: 1.0220 Mid: 1.0264 | 19 Open: 1.0218 Close: 1.0216 Mid: 1.0282 | 20 Open: 1.0238 Close: 1.0210 Mid: 1.0199 | 21 Open: 1.0210 Close: 1.0313 Mid: 1.0267 | 22 Open: 1.0251 Close: 1.0283 Mid: 1.0290 | 23 |
24 | 25 Open: 1.0292 Close: 1.0288 Mid: 1.0281 | 26 Open: 1.0287 Close: 1.0314 Mid: 1.0308 | 27 Open: 1.0353 Close: 1.0398 Mid: 1.0395 | 28 Open: 1.0413 Close: 1.0376 Mid: 1.0395 | 29 Open: 1.0409 Close: 1.0494 Mid: 1.0465 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 1.0420 Close: 1.0498 Mid: 1.0467 | 3 Open: 1.0487 Close: 1.0472 Mid: 1.0491 | 4 Open: 1.0534 Close: 1.0440 Mid: 1.0487 | 5 Open: 1.0440 Close: 1.0428 Mid: 1.0441 | 6 Open: 1.0475 Close: 1.0492 Mid: 1.0472 | 7 |
8 | 9 Open: 1.0480 Close: 1.0401 Mid: 1.0445 | 10 Open: 1.0401 Close: 1.0292 Mid: 1.0355 | 11 Open: 1.0280 Close: 1.0263 Mid: 1.0304 | 12 Open: 1.0265 Close: 1.0286 Mid: 1.0273 | 13 Open: 1.0284 Close: 1.0215 Mid: 1.0250 | 14 |
15 | 16 Open: 1.0173 Close: 1.0114 Mid: 1.0153 | 17 Open: 1.0163 Close: 1.0183 Mid: 1.0176 | 18 Open: 1.0184 Close: 1.0229 Mid: 1.0205 | 19 Open: 1.0126 Close: 1.0016 Mid: 1.0033 | 20 Open: 0.9941 Close: 0.9951 Mid: 0.9956 | 21 |
22 | 23 Open: 0.9952 Close: 0.9930 Mid: 0.9944 | 24 Open: 0.9930 Close: 0.9914 Mid: 0.9917 | 25 Open: 0.9930 Close: 0.9914 Mid: 0.9917 | 26 Open: 0.9930 Close: 0.9914 Mid: 0.9917 | 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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