Best British Pound / Australian Dollar Exchange Rate Today: 2.0106

Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 2.0046, and the most competitive travel money / cash rates start at approximately 1.9703.

Live rate: 1 GBP = 2.0106 AUD (+0.22%)

Inverted: 1 AUD = 0.4974 GBP

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

Comparison Results:

2.0106
horizon
Money Transfer
Recipient Gets
AUD 2.0046
Exchange Rate
2.0106
FX Charge
0
Fee (0.3%)
0.006
Cash
Admin Fee
Offers Advice
Horizon Currency offers the best rate for international payments and gives access to a market expert who can help.

Visit Provider

1.9965
corpay
Money Transfer
Recipient Gets
AUD 1.9965
Exchange Rate
1.9965
FX Charge
0.0141
 
 
Cash
Admin Fee
Offers Advice
Corpay offers tailored foreign exchange solutions for individuals who need to transfer money abroad for pensions, salaries, property purchases, or other overseas payments.

Visit Provider

1.9711
travelfx
Cash
Recipient Gets
AUD 1.9711
Exchange Rate
1.9711
FX Charge
0.0395
 
 
Cash
Admin Fee
Offers Advice
TravelFX only delivers holiday cash but has some of the most competitive rates. Learn More

Visit Provider

1.9688
cog
Cash
Recipient Gets
AUD 1.9688
Exchange Rate
1.9688
FX Charge
0.0418
 
 
Cash
Admin Fee
Offers Advice
Home delivery orders of £5 and above are accepted, for branch collection the minimum is £500. One of the highest rated companies we survey according to independent rating review providers. Learn More

Visit Provider

1.9667
nationwide
Money Transfer
Recipient Gets
AUD 1.9667
Exchange Rate
1.9667
FX Charge
0.0439
 
 
Cash
Admin Fee
Offers Advice
Nationwide are transparent about their rates, which allows us to accurately show how the big banks compare.

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1.946
tesco
Cash
Recipient Gets
AUD 1.946
Exchange Rate
1.946
FX Charge
0.0646
 
 
Cash
Admin Fee
Offers Advice
Best euro rate on the high street for tourists Learn More

Visit Provider

1.927
postoffice
Cash
Recipient Gets
AUD 1.927
Exchange Rate
1.927
FX Charge
0.0836
 
 
Cash
Admin Fee
Offers Advice
The mainstay of holiday money provision on the high street, the Post Office needs no introduction. Unfortunately, their rates and fees can be quite uncompetitive. Learn More

Visit Provider

1.9201
paypal
Money Transfer
Recipient Gets
AUD 1.9201
Exchange Rate
1.9201
FX Charge
0.0905
 
 
Cash
Admin Fee
Offers Advice
PayPal is the original fintech but the fees are typically very high and the exchang rates are amongst the least competitive.

Visit Provider

1.8918
barclays
Cash
Recipient Gets
AUD 1.8918
Exchange Rate
1.8918
FX Charge
0.1188
 
 
Cash
Admin Fee
Offers Advice
The Barclays travel money rate is only available to those with a Barclacys account. It allows us to acurately show the big banks compare when it comes to travel money rates. Learn More

Visit Provider

1.93791
lloyds
Money Transfer
Recipient Gets
AUD 0
Exchange Rate
1.93791
FX Charge
0.0727
 
 
Cash
Admin Fee
Offers Advice
Lloyds is the UK's third-largest bank but arguably with the best online international payment system. Rates are regularly superior to its peers.

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For full historical data please visit: GBP/AUD 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: 1.8690

Close: 1.8693

Mid: 1.8692

2

Open: 1.8694

Close: 1.8660

Mid: 1.8653

3

Open: 1.8658

Close: 1.8814

Mid: 1.8747

4

Open: 1.8816

Close: 1.8909

Mid: 1.8848

5

Open: 1.8908

Close: 1.8940

Mid: 1.8945

6
7
8

Open: 1.8904

Close: 1.8976

Mid: 1.8968

9

Open: 1.8974

Close: 1.9004

Mid: 1.8989

10

Open: 1.9007

Close: 1.9017

Mid: 1.8984

11

Open: 1.9016

Close: 1.9080

Mid: 1.9047

12

Open: 1.9079

Close: 1.9067

Mid: 1.9036

13
14
15

Open: 1.9068

Close: 1.9110

Mid: 1.9080

16

Open: 1.9114

Close: 1.9189

Mid: 1.9154

17

Open: 1.9192

Close: 1.9353

Mid: 1.9282

18

Open: 1.9347

Close: 1.9328

Mid: 1.9356

19

Open: 1.9332

Close: 1.9252

Mid: 1.9279

20
21
22

Open: 1.9263

Close: 1.9347

Mid: 1.9285

23

Open: 1.9343

Close: 1.9283

Mid: 1.9307

24

Open: 1.9281

Close: 1.9347

Mid: 1.9307

25

Open: 1.9350

Close: 1.9300

Mid: 1.9309

26

Open: 1.9296

Close: 1.9309

Mid: 1.9293

27
28
29

Open: 1.9308

Close: 1.9225

Mid: 1.9271

30

Open: 1.9224

Close: 1.9234

Mid: 1.9218

31

Open: 1.9234

Close: 1.9324

Mid: 1.9273

February - 2024

SunMonTueWedThuFriSat
1

Open: 1.9318

Close: 1.9389

Mid: 1.9371

2

Open: 1.9392

Close: 1.9397

Mid: 1.9365

3
4
5

Open: 1.9400

Close: 1.9337

Mid: 1.9381

6

Open: 1.9337

Close: 1.9314

Mid: 1.9304

7

Open: 1.9312

Close: 1.9365

Mid: 1.9330

8

Open: 1.9365

Close: 1.9437

Mid: 1.9399

9

Open: 1.9435

Close: 1.9356

Mid: 1.9391

10
11
12

Open: 1.9388

Close: 1.9336

Mid: 1.9354

13

Open: 1.9339

Close: 1.9510

Mid: 1.9431

14

Open: 1.9513

Close: 1.9358

Mid: 1.9436

15

Open: 1.9358

Close: 1.9311

Mid: 1.9326

16

Open: 1.9310

Close: 1.9288

Mid: 1.9301

17
18
19

Open: 1.9302

Close: 1.9254

Mid: 1.9282

20

Open: 1.9254

Close: 1.9272

Mid: 1.9246

21

Open: 1.9275

Close: 1.9288

Mid: 1.9264

22

Open: 1.9291

Close: 1.9308

Mid: 1.9277

23

Open: 1.9310

Close: 1.9303

Mid: 1.9296

24
25
26

Open: 1.9342

Close: 1.9396

Mid: 1.9354

27

Open: 1.9394

Close: 1.9387

Mid: 1.9383

28

Open: 1.9386

Close: 1.9492

Mid: 1.9436

29

Open: 1.9493

Close: 1.9430

Mid: 1.9455

March - 2024

SunMonTueWedThuFriSat
1

Open: 1.9427

Close: 1.9393

Mid: 1.9412

2
3
4

Open: 1.9395

Close: 1.9496

Mid: 1.9440

5

Open: 1.9495

Close: 1.9534

Mid: 1.9530

6

Open: 1.9538

Close: 1.9395

Mid: 1.9467

7

Open: 1.9396

Close: 1.9348

Mid: 1.9341

8

Open: 1.9349

Close: 1.9408

Mid: 1.9355

9
10
11

Open: 1.9416

Close: 1.9374

Mid: 1.9409

12

Open: 1.9375

Close: 1.9364

Mid: 1.9340

13

Open: 1.9364

Close: 1.9327

Mid: 1.9343

14

Open: 1.9327

Close: 1.9379

Mid: 1.9347

15

Open: 1.9379

Close: 1.9416

Mid: 1.9408

16
17
18

Open: 1.9419

Close: 1.9406

Mid: 1.9399

19

Open: 1.9406

Close: 1.9476

Mid: 1.9449

20

Open: 1.9476

Close: 1.9412

Mid: 1.9454

21

Open: 1.9412

Close: 1.9265

Mid: 1.9343

22

Open: 1.9265

Close: 1.9343

Mid: 1.9308

23
24
25

Open: 1.9314

Close: 1.9322

Mid: 1.9318

26

Open: 1.9322

Close: 1.9329

Mid: 1.9322

27

Open: 1.9329

Close: 1.9342

Mid: 1.9341

28

Open: 1.9342

Close: 1.9373

Mid: 1.9382

29

Open: 1.9374

Close: 1.9348

Mid: 1.9370

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1.9373

Close: 1.9340

Mid: 1.9359

2

Open: 1.9340

Close: 1.9297

Mid: 1.9312

3

Open: 1.9297

Close: 1.9273

Mid: 1.9294

4

Open: 1.9273

Close: 1.9191

Mid: 1.9208

5

Open: 1.9190

Close: 1.9210

Mid: 1.9202

6
7
8

Open: 1.9204

Close: 1.9159

Mid: 1.9183

9

Open: 1.9159

Close: 1.9125

Mid: 1.9147

10

Open: 1.9125

Close: 1.9256

Mid: 1.9204

11

Open: 1.9256

Close: 1.9200

Mid: 1.9231

12

Open: 1.9200

Close: 1.9262

Mid: 1.9235

13
14
15

Open: 1.9261

Close: 1.9319

Mid: 1.9264

16

Open: 1.9319

Close: 1.9411

Mid: 1.9383

17

Open: 1.9412

Close: 1.9353

Mid: 1.9379

18

Open: 1.9352

Close: 1.9368

Mid: 1.9348

19

Open: 1.9368

Close: 1.9278

Mid: 1.9370

20
21
22

Open: 1.9320

Close: 1.9148

Mid: 1.9221

23

Open: 1.9148

Close: 1.9191

Mid: 1.9167

24

Open: 1.9192

Close: 1.9181

Mid: 1.9152

25

Open: 1.9181

Close: 1.9197

Mid: 1.9188

26

Open: 1.9197

Close: 1.9122

Mid: 1.9149

27
28
29

Open: 1.9135

Close: 1.9133

Mid: 1.9094

30

Open: 1.9133

Close: 1.9299

Mid: 1.9214

May - 2024

SunMonTueWedThuFriSat
1

Open: 1.9299

Close: 1.9205

Mid: 1.9248

2

Open: 1.9204

Close: 1.9088

Mid: 1.9149

3

Open: 1.9087

Close: 1.8982

Mid: 1.9035

4
5
6

Open: 1.8965

Close: 1.8961

Mid: 1.8971

7

Open: 1.8961

Close: 1.8957

Mid: 1.8978

8

Open: 1.8957

Close: 1.8995

Mid: 1.8994

9

Open: 1.8995

Close: 1.8920

Mid: 1.8963

10

Open: 1.8919

Close: 1.8968

Mid: 1.8946

11
12
13

Open: 1.8969

Close: 1.9006

Mid: 1.8982

14

Open: 1.9006

Close: 1.9004

Mid: 1.8991

15

Open: 1.9004

Close: 1.8953

Mid: 1.8986

16

Open: 1.8952

Close: 1.8973

Mid: 1.8958

17

Open: 1.8974

Close: 1.8976

Mid: 1.8996

18
19
20

Open: 1.8962

Close: 1.9053

Mid: 1.9000

21

Open: 1.9054

Close: 1.9067

Mid: 1.9070

22

Open: 1.9067

Close: 1.9212

Mid: 1.9134

23

Open: 1.9212

Close: 1.9221

Mid: 1.9196

24

Open: 1.9220

Close: 1.9217

Mid: 1.9224

25
26
27

Open: 1.9208

Close: 1.9191

Mid: 1.9189

28

Open: 1.9191

Close: 1.9188

Mid: 1.9180

29

Open: 1.9187

Close: 1.9213

Mid: 1.9188

30

Open: 1.9212

Close: 1.9194

Mid: 1.9205

31

Open: 1.9194

Close: 1.9153

Mid: 1.9154

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1.9163

Close: 1.9148

Mid: 1.9139

4

Open: 1.9156

Close: 1.9205

Mid: 1.9194

5

Open: 1.9205

Close: 1.9235

Mid: 1.9217

6

Open: 1.9235

Close: 1.9186

Mid: 1.9208

7

Open: 1.9186

Close: 1.9327

Mid: 1.9243

8
9
10

Open: 1.9312

Close: 1.9259

Mid: 1.9302

11

Open: 1.9259

Close: 1.9286

Mid: 1.9284

12

Open: 1.9285

Close: 1.9207

Mid: 1.9235

13

Open: 1.9207

Close: 1.9231

Mid: 1.9216

14

Open: 1.9231

Close: 1.9174

Mid: 1.9212

15
16
17

Open: 1.9158

Close: 1.9212

Mid: 1.9198

18

Open: 1.9212

Close: 1.9090

Mid: 1.9155

19

Open: 1.9089

Close: 1.9064

Mid: 1.9073

20

Open: 1.9064

Close: 1.9017

Mid: 1.9039

21

Open: 1.9017

Close: 1.9039

Mid: 1.9004

22
23
24

Open: 1.9032

Close: 1.9054

Mid: 1.9046

25

Open: 1.9054

Close: 1.9089

Mid: 1.9063

26

Open: 1.9090

Close: 1.8987

Mid: 1.9030

27

Open: 1.8987

Close: 1.9016

Mid: 1.8991

28

Open: 1.9016

Close: 1.8958

Mid: 1.8995

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1.8926

Close: 1.8995

Mid: 1.8980

2

Open: 1.8995

Close: 1.9027

Mid: 1.9018

3

Open: 1.9027

Close: 1.9006

Mid: 1.9014

4

Open: 1.9007

Close: 1.8969

Mid: 1.8984

5

Open: 1.8968

Close: 1.8987

Mid: 1.8991

6
7
8

Open: 1.8985

Close: 1.9009

Mid: 1.9002

9

Open: 1.9011

Close: 1.8968

Mid: 1.8996

10

Open: 1.8968

Close: 1.9042

Mid: 1.9005

11

Open: 1.9042

Close: 1.9105

Mid: 1.9067

12

Open: 1.9105

Close: 1.9197

Mid: 1.9131

13
14
15

Open: 1.9139

Close: 1.9184

Mid: 1.9163

16

Open: 1.9184

Close: 1.9265

Mid: 1.9226

17

Open: 1.9265

Close: 1.9333

Mid: 1.9298

18

Open: 1.9333

Close: 1.9305

Mid: 1.9310

19

Open: 1.9305

Close: 1.9319

Mid: 1.9316

20
21
22

Open: 1.9311

Close: 1.9471

Mid: 1.9388

23

Open: 1.9470

Close: 1.9511

Mid: 1.9492

24

Open: 1.9511

Close: 1.9611

Mid: 1.9561

25

Open: 1.9611

Close: 1.9659

Mid: 1.9685

26

Open: 1.9661

Close: 1.9653

Mid: 1.9629

27
28
29

Open: 1.9635

Close: 1.9642

Mid: 1.9623

30

Open: 1.9642

Close: 1.9634

Mid: 1.9626

31

Open: 1.9634

Close: 1.9653

Mid: 1.9713

August - 2024

SunMonTueWedThuFriSat
1

Open: 1.9653

Close: 1.9604

Mid: 1.9616

2

Open: 1.9606

Close: 1.9664

Mid: 1.9590

3
4
5

Open: 1.9639

Close: 1.9659

Mid: 1.9829

6

Open: 1.9659

Close: 1.9492

Mid: 1.9547

7

Open: 1.9491

Close: 1.9466

Mid: 1.9411

8

Open: 1.9466

Close: 1.9334

Mid: 1.9407

9

Open: 1.9333

Close: 1.9416

Mid: 1.9373

10
11
12

Open: 1.9431

Close: 1.9365

Mid: 1.9382

13

Open: 1.9375

Close: 1.9390

Mid: 1.9398

14

Open: 1.9389

Close: 1.9407

Mid: 1.9389

15

Open: 1.9383

Close: 1.9447

Mid: 1.9364

16

Open: 1.9447

Close: 1.9408

Mid: 1.9441

17
18
19

Open: 1.9398

Close: 1.9302

Mid: 1.9361

20

Open: 1.9307

Close: 1.9320

Mid: 1.9312

21

Open: 1.9320

Close: 1.9404

Mid: 1.9364

22

Open: 1.9404

Close: 1.9525

Mid: 1.9463

23

Open: 1.9524

Close: 1.9446

Mid: 1.9483

24
25
26

Open: 1.9450

Close: 1.9474

Mid: 1.9466

27

Open: 1.9474

Close: 1.9520

Mid: 1.9487

28

Open: 1.9520

Close: 1.9443

Mid: 1.9486

29

Open: 1.9444

Close: 1.9365

Mid: 1.9389

30

Open: 1.9365

Close: 1.9407

Mid: 1.9383

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.9388

Close: 1.9353

Mid: 1.9385

3

Open: 1.9354

Close: 1.9534

Mid: 1.9437

4

Open: 1.9534

Close: 1.9550

Mid: 1.9546

5

Open: 1.9549

Close: 1.9552

Mid: 1.9545

6

Open: 1.9552

Close: 1.9690

Mid: 1.9645

7
8
9

Open: 1.9687

Close: 1.9628

Mid: 1.9662

10

Open: 1.9629

Close: 1.9661

Mid: 1.9634

11

Open: 1.9661

Close: 1.9542

Mid: 1.9619

12

Open: 1.9542

Close: 1.9523

Mid: 1.9536

13

Open: 1.9524

Close: 1.9586

Mid: 1.9560

14
15
16

Open: 1.9565

Close: 1.9574

Mid: 1.9572

17

Open: 1.9573

Close: 1.9481

Mid: 1.9528

18

Open: 1.9481

Close: 1.9533

Mid: 1.9497

19

Open: 1.9532

Close: 1.9494

Mid: 1.9471

20

Open: 1.9493

Close: 1.9567

Mid: 1.9524

21
22
23

Open: 1.9561

Close: 1.9519

Mid: 1.9533

24

Open: 1.9519

Close: 1.9461

Mid: 1.9514

25

Open: 1.9461

Close: 1.9527

Mid: 1.9481

26

Open: 1.9526

Close: 1.9453

Mid: 1.9471

27

Open: 1.9454

Close: 1.9377

Mid: 1.9407

28
29
30

Open: 1.9371

Close: 1.9347

Mid: 1.9340

October - 2024

SunMonTueWedThuFriSat
1

Open: 1.9347

Close: 1.9302

Mid: 1.9307

2

Open: 1.9302

Close: 1.9269

Mid: 1.9261

3

Open: 1.9269

Close: 1.9187

Mid: 1.9218

4

Open: 1.9186

Close: 1.9265

Mid: 1.9239

5
6
7

Open: 1.9314

Close: 1.9363

Mid: 1.9313

8

Open: 1.9363

Close: 1.9427

Mid: 1.9411

9

Open: 1.9428

Close: 1.9449

Mid: 1.9430

10

Open: 1.9447

Close: 1.9378

Mid: 1.9423

11

Open: 1.9380

Close: 1.9359

Mid: 1.9379

12
13
14

Open: 1.9394

Close: 1.9416

Mid: 1.9403

15

Open: 1.9416

Close: 1.9503

Mid: 1.9462

16

Open: 1.9503

Close: 1.9485

Mid: 1.9498

17

Open: 1.9487

Close: 1.9431

Mid: 1.9438

18

Open: 1.9431

Close: 1.9463

Mid: 1.9431

19
20
21

Open: 1.9459

Close: 1.9503

Mid: 1.9461

22

Open: 1.9504

Close: 1.9431

Mid: 1.9440

23

Open: 1.9430

Close: 1.9480

Mid: 1.9471

24

Open: 1.9480

Close: 1.9543

Mid: 1.9501

25

Open: 1.9543

Close: 1.9627

Mid: 1.9583

26
27
28

Open: 1.9591

Close: 1.9706

Mid: 1.9654

29

Open: 1.9707

Close: 1.9838

Mid: 1.9770

30

Open: 1.9838

Close: 1.9723

Mid: 1.9781

31

Open: 1.9723

Close: 1.9598

Mid: 1.9684

November - 2024

SunMonTueWedThuFriSat
1

Open: 1.9598

Close: 1.9705

Mid: 1.9660

2
3
4

Open: 1.9628

Close: 1.9677

Mid: 1.9651

5

Open: 1.9677

Close: 1.9647

Mid: 1.9635

6

Open: 1.9647

Close: 1.9602

Mid: 1.9671

7

Open: 1.9602

Close: 1.9442

Mid: 1.9529

8

Open: 1.9442

Close: 1.9624

Mid: 1.9547

9
10
11

Open: 1.9603

Close: 1.9573

Mid: 1.9594

12

Open: 1.9574

Close: 1.9512

Mid: 1.9549

13

Open: 1.9512

Close: 1.9595

Mid: 1.9548

14

Open: 1.9595

Close: 1.9624

Mid: 1.9600

15

Open: 1.9625

Close: 1.9535

Mid: 1.9580

16
17
18

Open: 1.9538

Close: 1.9480

Mid: 1.9523

19

Open: 1.9480

Close: 1.9416

Mid: 1.9454

20

Open: 1.9417

Close: 1.9450

Mid: 1.9454

21

Open: 1.9449

Close: 1.9334

Mid: 1.9390

22

Open: 1.9334

Close: 1.9231

Mid: 1.9305

23
24
25

Open: 1.9251

Close: 1.9324

Mid: 1.9289

26

Open: 1.9325

Close: 1.9411

Mid: 1.9383

27

Open: 1.9412

Close: 1.9517

Mid: 1.9467

28

Open: 1.9518

Close: 1.9524

Mid: 1.9497

29

Open: 1.9523

Close: 1.9571

Mid: 1.9536

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.9533

Close: 1.9543

Mid: 1.9562

3

Open: 1.9543

Close: 1.9539

Mid: 1.9544

4

Open: 1.9541

Close: 1.9750

Mid: 1.9666

5

Open: 1.9750

Close: 1.9775

Mid: 1.9782

6

Open: 1.9775

Close: 1.9942

Mid: 1.9871

7
8
9

Open: 1.9931

Close: 1.9800

Mid: 1.9854

10

Open: 1.9801

Close: 2.0025

Mid: 1.9909

11

Open: 2.0025

Close: 2.0019

Mid: 2.0053

12

Open: 2.0018

Close: 1.9899

Mid: 1.9948

13

Open: 1.9899

Close: 1.9833

Mid: 1.9875

14
15
16

Open: 1.9818

Close: 1.9910

Mid: 1.9877

17

Open: 1.9911

Close: 2.0057

Mid: 1.9984

18

Open: 2.0057

Close: 2.0224

Mid: 2.0144

19

Open: 2.0224

Close: 2.0041

Mid: 2.0157

20

Open: 2.0042

Close: 2.0085

Mid: 2.0073

21
22
23

Open: 2.0092

Close: 2.0062

Mid: 2.0088

24

Open: 2.0062

Close: 2.0102

Mid: 2.0079

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.

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