Best British Pound / Euro Exchange Rate Today: 1.2055

Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 1.2019, and the most competitive travel money / cash rates start at approximately 1.1894.

Live rate: 1 GBP = 1.2055 EUR (+0.07%)

Inverted: 1 EUR = 0.8295 GBP

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

Comparison Results:

1.2055
horizon
Money Transfer
Recipient Gets
EUR 1.2019
Exchange Rate
1.2055
FX Charge
0
Fee (0.3%)
0.0036
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

1.1971
corpay
Money Transfer
Recipient Gets
EUR 1.1971
Exchange Rate
1.1971
FX Charge
0.0084
 
 
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

1.1895
travelfx
Cash
Recipient Gets
EUR 1.1895
Exchange Rate
1.1895
FX Charge
0.016
 
 
Cash
Admin Fee
Offers Advice
TravelFX only delivers holiday cash but has some of the most competitive rates. Learn More

Visit Provider

1.1892
cog
Cash
Recipient Gets
EUR 1.1892
Exchange Rate
1.1892
FX Charge
0.0163
 
 
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

1.179
nationwide
Money Transfer
Recipient Gets
EUR 1.179
Exchange Rate
1.179
FX Charge
0.0265
 
 
Cash
Admin Fee
Offers Advice
Nationwide are transparent about their rates, which allows us to accurately show how the big banks compare.

Visit Provider

1.1773
tesco
Cash
Recipient Gets
EUR 1.1773
Exchange Rate
1.1773
FX Charge
0.0282
 
 
Cash
Admin Fee
Offers Advice
Best euro rate on the high street for tourists Learn More

Visit Provider

1.16206
lloyds
Money Transfer
Recipient Gets
EUR 1.1621
Exchange Rate
1.16206
FX Charge
0.0434
 
 
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.

Visit Provider

1.1604
postoffice
Cash
Recipient Gets
EUR 1.1604
Exchange Rate
1.1604
FX Charge
0.0451
 
 
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

1.1513
paypal
Money Transfer
Recipient Gets
EUR 1.1513
Exchange Rate
1.1513
FX Charge
0.0542
 
 
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

1.1496
barclays
Cash
Recipient Gets
EUR 1.1496
Exchange Rate
1.1496
FX Charge
0.0559
 
 
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

For full historical data please visit: GBP/EUR 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: 1.1535

Close: 1.1535

Mid: 1.1535

2

Open: 1.1534

Close: 1.1533

Mid: 1.1542

3

Open: 1.1533

Close: 1.1598

Mid: 1.1565

4

Open: 1.1596

Close: 1.1585

Mid: 1.1595

5

Open: 1.1589

Close: 1.1623

Mid: 1.1605

6
7
8

Open: 1.1622

Close: 1.1642

Mid: 1.1622

9

Open: 1.1641

Close: 1.1628

Mid: 1.1632

10

Open: 1.1627

Close: 1.1612

Mid: 1.1618

11

Open: 1.1613

Close: 1.1632

Mid: 1.1620

12

Open: 1.1632

Close: 1.1645

Mid: 1.1633

13
14
15

Open: 1.1634

Close: 1.1624

Mid: 1.1629

16

Open: 1.1623

Close: 1.1618

Mid: 1.1621

17

Open: 1.1618

Close: 1.1652

Mid: 1.1638

18

Open: 1.1649

Close: 1.1684

Mid: 1.1664

19

Open: 1.1683

Close: 1.1656

Mid: 1.1663

20
21
22

Open: 1.1654

Close: 1.1678

Mid: 1.1668

23

Open: 1.1679

Close: 1.1690

Mid: 1.1688

24

Open: 1.1689

Close: 1.1691

Mid: 1.1698

25

Open: 1.1691

Close: 1.1718

Mid: 1.1706

26

Open: 1.1716

Close: 1.1705

Mid: 1.1714

27
28
29

Open: 1.1707

Close: 1.1732

Mid: 1.1725

30

Open: 1.1732

Close: 1.1710

Mid: 1.1707

31

Open: 1.1710

Close: 1.1726

Mid: 1.1716

February - 2024

SunMonTueWedThuFriSat
1

Open: 1.1729

Close: 1.1723

Mid: 1.1710

2

Open: 1.1722

Close: 1.1710

Mid: 1.1718

3
4
5

Open: 1.1717

Close: 1.1671

Mid: 1.1695

6

Open: 1.1669

Close: 1.1713

Mid: 1.1692

7

Open: 1.1714

Close: 1.1722

Mid: 1.1726

8

Open: 1.1722

Close: 1.1709

Mid: 1.1714

9

Open: 1.1706

Close: 1.1709

Mid: 1.1710

10
11
12

Open: 1.1714

Close: 1.1723

Mid: 1.1713

13

Open: 1.1723

Close: 1.1757

Mid: 1.1741

14

Open: 1.1759

Close: 1.1713

Mid: 1.1733

15

Open: 1.1714

Close: 1.1696

Mid: 1.1692

16

Open: 1.1697

Close: 1.1693

Mid: 1.1693

17
18
19

Open: 1.1694

Close: 1.1685

Mid: 1.1698

20

Open: 1.1684

Close: 1.1677

Mid: 1.1680

21

Open: 1.1679

Close: 1.1681

Mid: 1.1677

22

Open: 1.1681

Close: 1.1697

Mid: 1.1681

23

Open: 1.1697

Close: 1.1709

Mid: 1.1710

24
25
26

Open: 1.1715

Close: 1.1690

Mid: 1.1701

27

Open: 1.1691

Close: 1.1698

Mid: 1.1686

28

Open: 1.1698

Close: 1.1682

Mid: 1.1688

29

Open: 1.1683

Close: 1.1685

Mid: 1.1682

March - 2024

SunMonTueWedThuFriSat
1

Open: 1.1684

Close: 1.1675

Mid: 1.1675

2
3
4

Open: 1.1675

Close: 1.1692

Mid: 1.1684

5

Open: 1.1692

Close: 1.1703

Mid: 1.1700

6

Open: 1.1703

Close: 1.1682

Mid: 1.1694

7

Open: 1.1681

Close: 1.1699

Mid: 1.1705

8

Open: 1.1699

Close: 1.1755

Mid: 1.1729

9
10
11

Open: 1.1751

Close: 1.1728

Mid: 1.1734

12

Open: 1.1728

Close: 1.1708

Mid: 1.1711

13

Open: 1.1708

Close: 1.1689

Mid: 1.1697

14

Open: 1.1690

Close: 1.1719

Mid: 1.1701

15

Open: 1.1718

Close: 1.1696

Mid: 1.1706

16
17
18

Open: 1.1709

Close: 1.1708

Mid: 1.1695

19

Open: 1.1707

Close: 1.1707

Mid: 1.1704

20

Open: 1.1708

Close: 1.1706

Mid: 1.1700

21

Open: 1.1707

Close: 1.1655

Mid: 1.1688

22

Open: 1.1655

Close: 1.1659

Mid: 1.1648

23
24
25

Open: 1.1652

Close: 1.1660

Mid: 1.1662

26

Open: 1.1660

Close: 1.1659

Mid: 1.1657

27

Open: 1.1658

Close: 1.1674

Mid: 1.1662

28

Open: 1.1674

Close: 1.1701

Mid: 1.1686

29

Open: 1.1701

Close: 1.1696

Mid: 1.1706

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1.1704

Close: 1.1683

Mid: 1.1694

2

Open: 1.1683

Close: 1.1679

Mid: 1.1685

3

Open: 1.1679

Close: 1.1676

Mid: 1.1669

4

Open: 1.1676

Close: 1.1667

Mid: 1.1667

5

Open: 1.1666

Close: 1.1661

Mid: 1.1656

6
7
8

Open: 1.1650

Close: 1.1653

Mid: 1.1657

9

Open: 1.1653

Close: 1.1676

Mid: 1.1666

10

Open: 1.1676

Close: 1.1672

Mid: 1.1684

11

Open: 1.1672

Close: 1.1703

Mid: 1.1688

12

Open: 1.1704

Close: 1.1699

Mid: 1.1710

13
14
15

Open: 1.1703

Close: 1.1714

Mid: 1.1710

16

Open: 1.1713

Close: 1.1702

Mid: 1.1711

17

Open: 1.1702

Close: 1.1669

Mid: 1.1701

18

Open: 1.1669

Close: 1.1685

Mid: 1.1681

19

Open: 1.1685

Close: 1.1608

Mid: 1.1648

20
21
22

Open: 1.1615

Close: 1.1591

Mid: 1.1594

23

Open: 1.1592

Close: 1.1633

Mid: 1.1603

24

Open: 1.1633

Close: 1.1649

Mid: 1.1639

25

Open: 1.1650

Close: 1.1662

Mid: 1.1657

26

Open: 1.1662

Close: 1.1684

Mid: 1.1667

27
28
29

Open: 1.1675

Close: 1.1718

Mid: 1.1694

30

Open: 1.1718

Close: 1.1712

Mid: 1.1706

May - 2024

SunMonTueWedThuFriSat
1

Open: 1.1711

Close: 1.1694

Mid: 1.1700

2

Open: 1.1694

Close: 1.1687

Mid: 1.1689

3

Open: 1.1686

Close: 1.1658

Mid: 1.1671

4
5
6

Open: 1.1658

Close: 1.1665

Mid: 1.1670

7

Open: 1.1665

Close: 1.1630

Mid: 1.1650

8

Open: 1.1631

Close: 1.1627

Mid: 1.1621

9

Open: 1.1627

Close: 1.1615

Mid: 1.1621

10

Open: 1.1616

Close: 1.1628

Mid: 1.1622

11
12
13

Open: 1.1626

Close: 1.1639

Mid: 1.1629

14

Open: 1.1640

Close: 1.1639

Mid: 1.1627

15

Open: 1.1638

Close: 1.1655

Mid: 1.1644

16

Open: 1.1655

Close: 1.1659

Mid: 1.1654

17

Open: 1.1660

Close: 1.1685

Mid: 1.1672

18
19
20

Open: 1.1681

Close: 1.1703

Mid: 1.1690

21

Open: 1.1704

Close: 1.1710

Mid: 1.1706

22

Open: 1.1710

Close: 1.1750

Mid: 1.1733

23

Open: 1.1749

Close: 1.1741

Mid: 1.1744

24

Open: 1.1742

Close: 1.1744

Mid: 1.1735

25
26
27

Open: 1.1740

Close: 1.1759

Mid: 1.1753

28

Open: 1.1760

Close: 1.1754

Mid: 1.1755

29

Open: 1.1755

Close: 1.1758

Mid: 1.1765

30

Open: 1.1758

Close: 1.1755

Mid: 1.1752

31

Open: 1.1754

Close: 1.1746

Mid: 1.1736

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1.1740

Close: 1.1746

Mid: 1.1734

4

Open: 1.1745

Close: 1.1738

Mid: 1.1744

5

Open: 1.1738

Close: 1.1765

Mid: 1.1751

6

Open: 1.1765

Close: 1.1746

Mid: 1.1749

7

Open: 1.1745

Close: 1.1774

Mid: 1.1758

8
9
10

Open: 1.1785

Close: 1.1825

Mid: 1.1815

11

Open: 1.1825

Close: 1.1862

Mid: 1.1845

12

Open: 1.1862

Close: 1.1839

Mid: 1.1856

13

Open: 1.1840

Close: 1.1887

Mid: 1.1856

14

Open: 1.1887

Close: 1.1853

Mid: 1.1878

15
16
17

Open: 1.1851

Close: 1.1835

Mid: 1.1837

18

Open: 1.1835

Close: 1.1833

Mid: 1.1828

19

Open: 1.1833

Close: 1.1840

Mid: 1.1845

20

Open: 1.1840

Close: 1.1826

Mid: 1.1838

21

Open: 1.1827

Close: 1.1825

Mid: 1.1829

22
23
24

Open: 1.1823

Close: 1.1818

Mid: 1.1815

25

Open: 1.1818

Close: 1.1840

Mid: 1.1837

26

Open: 1.1840

Close: 1.1817

Mid: 1.1837

27

Open: 1.1817

Close: 1.1808

Mid: 1.1814

28

Open: 1.1808

Close: 1.1802

Mid: 1.1807

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1.1774

Close: 1.1777

Mid: 1.1784

2

Open: 1.1778

Close: 1.1805

Mid: 1.1791

3

Open: 1.1805

Close: 1.1812

Mid: 1.1809

4

Open: 1.1812

Close: 1.1801

Mid: 1.1810

5

Open: 1.1801

Close: 1.1822

Mid: 1.1814

6
7
8

Open: 1.1838

Close: 1.1832

Mid: 1.1835

9

Open: 1.1831

Close: 1.1825

Mid: 1.1833

10

Open: 1.1825

Close: 1.1864

Mid: 1.1845

11

Open: 1.1863

Close: 1.1883

Mid: 1.1873

12

Open: 1.1883

Close: 1.1909

Mid: 1.1895

13
14
15

Open: 1.1910

Close: 1.1902

Mid: 1.1904

16

Open: 1.1902

Close: 1.1904

Mid: 1.1899

17

Open: 1.1903

Close: 1.1892

Mid: 1.1910

18

Open: 1.1892

Close: 1.1879

Mid: 1.1886

19

Open: 1.1879

Close: 1.1864

Mid: 1.1872

20
21
22

Open: 1.1866

Close: 1.1875

Mid: 1.1873

23

Open: 1.1876

Close: 1.1892

Mid: 1.1888

24

Open: 1.1892

Close: 1.1907

Mid: 1.1897

25

Open: 1.1907

Close: 1.1849

Mid: 1.1880

26

Open: 1.1848

Close: 1.1853

Mid: 1.1851

27
28
29

Open: 1.1839

Close: 1.1886

Mid: 1.1854

30

Open: 1.1886

Close: 1.1869

Mid: 1.1876

31

Open: 1.1868

Close: 1.1875

Mid: 1.1859

August - 2024

SunMonTueWedThuFriSat
1

Open: 1.1876

Close: 1.1804

Mid: 1.1840

2

Open: 1.1805

Close: 1.1735

Mid: 1.1765

3
4
5

Open: 1.1722

Close: 1.1667

Mid: 1.1667

6

Open: 1.1667

Close: 1.1609

Mid: 1.1643

7

Open: 1.1610

Close: 1.1620

Mid: 1.1634

8

Open: 1.1621

Close: 1.1676

Mid: 1.1639

9

Open: 1.1675

Close: 1.1687

Mid: 1.1677

10
11
12

Open: 1.1699

Close: 1.1678

Mid: 1.1687

13

Open: 1.1678

Close: 1.1701

Mid: 1.1699

14

Open: 1.1700

Close: 1.1648

Mid: 1.1674

15

Open: 1.1649

Close: 1.1716

Mid: 1.1682

16

Open: 1.1715

Close: 1.1738

Mid: 1.1732

17
18
19

Open: 1.1723

Close: 1.1719

Mid: 1.1732

20

Open: 1.1719

Close: 1.1710

Mid: 1.1727

21

Open: 1.1711

Close: 1.1740

Mid: 1.1728

22

Open: 1.1739

Close: 1.1781

Mid: 1.1765

23

Open: 1.1781

Close: 1.1809

Mid: 1.1804

24
25
26

Open: 1.1799

Close: 1.1816

Mid: 1.1816

27

Open: 1.1815

Close: 1.1857

Mid: 1.1835

28

Open: 1.1857

Close: 1.1862

Mid: 1.1872

29

Open: 1.1863

Close: 1.1888

Mid: 1.1879

30

Open: 1.1887

Close: 1.1882

Mid: 1.1885

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.1886

Close: 1.1874

Mid: 1.1875

3

Open: 1.1874

Close: 1.1876

Mid: 1.1876

4

Open: 1.1876

Close: 1.1864

Mid: 1.1869

5

Open: 1.1863

Close: 1.1863

Mid: 1.1866

6

Open: 1.1863

Close: 1.1845

Mid: 1.1865

7
8
9

Open: 1.1841

Close: 1.1847

Mid: 1.1848

10

Open: 1.1847

Close: 1.1870

Mid: 1.1854

11

Open: 1.1870

Close: 1.1844

Mid: 1.1845

12

Open: 1.1845

Close: 1.1851

Mid: 1.1842

13

Open: 1.1851

Close: 1.1850

Mid: 1.1848

14
15
16

Open: 1.1847

Close: 1.1872

Mid: 1.1860

17

Open: 1.1872

Close: 1.1841

Mid: 1.1854

18

Open: 1.1842

Close: 1.1883

Mid: 1.1865

19

Open: 1.1883

Close: 1.1901

Mid: 1.1894

20

Open: 1.1902

Close: 1.1935

Mid: 1.1916

21
22
23

Open: 1.1928

Close: 1.2013

Mid: 1.1969

24

Open: 1.2013

Close: 1.1998

Mid: 1.2008

25

Open: 1.1999

Close: 1.1968

Mid: 1.1973

26

Open: 1.1968

Close: 1.2002

Mid: 1.1985

27

Open: 1.2002

Close: 1.1979

Mid: 1.1996

28
29
30

Open: 1.1982

Close: 1.2011

Mid: 1.1996

October - 2024

SunMonTueWedThuFriSat
1

Open: 1.2011

Close: 1.2004

Mid: 1.2008

2

Open: 1.2003

Close: 1.2012

Mid: 1.2004

3

Open: 1.2012

Close: 1.1898

Mid: 1.1935

4

Open: 1.1898

Close: 1.1955

Mid: 1.1933

5
6
7

Open: 1.1952

Close: 1.1922

Mid: 1.1936

8

Open: 1.1922

Close: 1.1934

Mid: 1.1921

9

Open: 1.1934

Close: 1.1949

Mid: 1.1937

10

Open: 1.1949

Close: 1.1940

Mid: 1.1948

11

Open: 1.1941

Close: 1.1947

Mid: 1.1942

12
13
14

Open: 1.1956

Close: 1.1972

Mid: 1.1960

15

Open: 1.1971

Close: 1.2004

Mid: 1.1991

16

Open: 1.2003

Close: 1.1958

Mid: 1.1971

17

Open: 1.1959

Close: 1.2013

Mid: 1.1985

18

Open: 1.2013

Close: 1.2009

Mid: 1.2026

19
20
21

Open: 1.2015

Close: 1.2007

Mid: 1.2003

22

Open: 1.2006

Close: 1.2024

Mid: 1.2004

23

Open: 1.2023

Close: 1.1984

Mid: 1.2013

24

Open: 1.1984

Close: 1.1984

Mid: 1.2000

25

Open: 1.1985

Close: 1.2005

Mid: 1.1993

26
27
28

Open: 1.2013

Close: 1.1998

Mid: 1.2002

29

Open: 1.1998

Close: 1.2030

Mid: 1.2020

30

Open: 1.2031

Close: 1.1942

Mid: 1.1987

31

Open: 1.1941

Close: 1.1852

Mid: 1.1904

November - 2024

SunMonTueWedThuFriSat
1

Open: 1.1852

Close: 1.1929

Mid: 1.1897

2
3
4

Open: 1.1921

Close: 1.1912

Mid: 1.1903

5

Open: 1.1911

Close: 1.1932

Mid: 1.1921

6

Open: 1.1931

Close: 1.2004

Mid: 1.1975

7

Open: 1.2004

Close: 1.2023

Mid: 1.2014

8

Open: 1.2022

Close: 1.2053

Mid: 1.2036

9
10
11

Open: 1.2051

Close: 1.2076

Mid: 1.2075

12

Open: 1.2077

Close: 1.2000

Mid: 1.2041

13

Open: 1.2000

Close: 1.2029

Mid: 1.2010

14

Open: 1.2030

Close: 1.2029

Mid: 1.2026

15

Open: 1.2030

Close: 1.1974

Mid: 1.1998

16
17
18

Open: 1.1993

Close: 1.1962

Mid: 1.1970

19

Open: 1.1962

Close: 1.1968

Mid: 1.1971

20

Open: 1.1969

Close: 1.2001

Mid: 1.1996

21

Open: 1.2001

Close: 1.2019

Mid: 1.2007

22

Open: 1.2018

Close: 1.2024

Mid: 1.2039

23
24
25

Open: 1.2006

Close: 1.1975

Mid: 1.1997

26

Open: 1.1975

Close: 1.1982

Mid: 1.1979

27

Open: 1.1983

Close: 1.1999

Mid: 1.1986

28

Open: 1.2000

Close: 1.2021

Mid: 1.2009

29

Open: 1.2021

Close: 1.2041

Mid: 1.2024

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.2037

Close: 1.2054

Mid: 1.2065

3

Open: 1.2055

Close: 1.2059

Mid: 1.2049

4

Open: 1.2060

Close: 1.2084

Mid: 1.2070

5

Open: 1.2084

Close: 1.2053

Mid: 1.2068

6

Open: 1.2052

Close: 1.2056

Mid: 1.2063

7
8
9

Open: 1.2059

Close: 1.2082

Mid: 1.2075

10

Open: 1.2081

Close: 1.2132

Mid: 1.2105

11

Open: 1.2132

Close: 1.2147

Mid: 1.2139

12

Open: 1.2148

Close: 1.2107

Mid: 1.2121

13

Open: 1.2107

Close: 1.2014

Mid: 1.2063

14
15
16

Open: 1.2023

Close: 1.2066

Mid: 1.2048

17

Open: 1.2066

Close: 1.2115

Mid: 1.2088

18

Open: 1.2115

Close: 1.2146

Mid: 1.2116

19

Open: 1.2146

Close: 1.2063

Mid: 1.2110

20

Open: 1.2064

Close: 1.2051

Mid: 1.2060

21
22
23

Open: 1.2043

Close: 1.2046

Mid: 1.2053

24

Open: 1.2047

Close: 1.2047

Mid: 1.2047

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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