Best British Pound / New Zealand Dollar Exchange Rate Today: 2.2216

Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 2.2149, and the most competitive travel money / cash rates start at approximately 2.1635.

Live rate: 1 GBP = 2.2216 NZD (+0.1%)

Inverted: 1 NZD = 0.4501 GBP

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

Comparison Results:

2.2216
horizon
Money Transfer
Recipient Gets
NZD 2.2149
Exchange Rate
2.2216
FX Charge
0
Fee (0.3%)
0.0067
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

2.206
corpay
Money Transfer
Recipient Gets
NZD 2.206
Exchange Rate
2.206
FX Charge
0.0156
 
 
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

2.1716
nationwide
Money Transfer
Recipient Gets
NZD 2.1716
Exchange Rate
2.1716
FX Charge
0.05
 
 
Cash
Admin Fee
Offers Advice
Nationwide are transparent about their rates, which allows us to accurately show how the big banks compare.

Visit Provider

2.165
travelfx
Cash
Recipient Gets
NZD 2.165
Exchange Rate
2.165
FX Charge
0.0566
 
 
Cash
Admin Fee
Offers Advice
TravelFX only delivers holiday cash but has some of the most competitive rates. Learn More

Visit Provider

2.1603
cog
Cash
Recipient Gets
NZD 2.1603
Exchange Rate
2.1603
FX Charge
0.0613
 
 
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

2.1401
tesco
Cash
Recipient Gets
NZD 2.1401
Exchange Rate
2.1401
FX Charge
0.0815
 
 
Cash
Admin Fee
Offers Advice
Best euro rate on the high street for tourists Learn More

Visit Provider

2.1291
postoffice
Cash
Recipient Gets
NZD 2.1291
Exchange Rate
2.1291
FX Charge
0.0925
 
 
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

2.1216
paypal
Money Transfer
Recipient Gets
NZD 2.1216
Exchange Rate
2.1216
FX Charge
0.1
 
 
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

2.0877
barclays
Cash
Recipient Gets
NZD 2.0877
Exchange Rate
2.0877
FX Charge
0.1339
 
 
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

2.1414
lloyds
Money Transfer
Recipient Gets
NZD 0
Exchange Rate
2.1414
FX Charge
0.0802
 
 
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/NZD 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: 2.0149

Close: 2.0149

Mid: 2.0149

2

Open: 2.0149

Close: 2.0186

Mid: 2.0174

3

Open: 2.0186

Close: 2.0275

Mid: 2.0225

4

Open: 2.0274

Close: 2.0340

Mid: 2.0284

5

Open: 2.0340

Close: 2.0369

Mid: 2.0366

6
7
8

Open: 2.0375

Close: 2.0399

Mid: 2.0392

9

Open: 2.0396

Close: 2.0367

Mid: 2.0391

10

Open: 2.0370

Close: 2.0459

Mid: 2.0409

11

Open: 2.0463

Close: 2.0474

Mid: 2.0441

12

Open: 2.0474

Close: 2.0432

Mid: 2.0423

13
14
15

Open: 2.0414

Close: 2.0531

Mid: 2.0489

16

Open: 2.0527

Close: 2.0584

Mid: 2.0560

17

Open: 2.0586

Close: 2.0735

Mid: 2.0666

18

Open: 2.0724

Close: 2.0774

Mid: 2.0742

19

Open: 2.0777

Close: 2.0769

Mid: 2.0778

20
21
22

Open: 2.0760

Close: 2.0915

Mid: 2.0819

23

Open: 2.0914

Close: 2.0793

Mid: 2.0858

24

Open: 2.0789

Close: 2.0822

Mid: 2.0792

25

Open: 2.0824

Close: 2.0799

Mid: 2.0790

26

Open: 2.0796

Close: 2.0856

Mid: 2.0827

27
28
29

Open: 2.0811

Close: 2.0724

Mid: 2.0774

30

Open: 2.0724

Close: 2.0696

Mid: 2.0691

31

Open: 2.0698

Close: 2.0744

Mid: 2.0693

February - 2024

SunMonTueWedThuFriSat
1

Open: 2.0742

Close: 2.0741

Mid: 2.0752

2

Open: 2.0741

Close: 2.0830

Mid: 2.0780

3
4
5

Open: 2.0819

Close: 2.0707

Mid: 2.0772

6

Open: 2.0704

Close: 2.0664

Mid: 2.0712

7

Open: 2.0661

Close: 2.0658

Mid: 2.0668

8

Open: 2.0658

Close: 2.0699

Mid: 2.0683

9

Open: 2.0695

Close: 2.0532

Mid: 2.0604

10
11
12

Open: 2.0576

Close: 2.0599

Mid: 2.0580

13

Open: 2.0601

Close: 2.0779

Mid: 2.0707

14

Open: 2.0778

Close: 2.0648

Mid: 2.0716

15

Open: 2.0648

Close: 2.0633

Mid: 2.0599

16

Open: 2.0635

Close: 2.0572

Mid: 2.0614

17
18
19

Open: 2.0572

Close: 2.0481

Mid: 2.0534

20

Open: 2.0481

Close: 2.0472

Mid: 2.0462

21

Open: 2.0476

Close: 2.0448

Mid: 2.0432

22

Open: 2.0449

Close: 2.0428

Mid: 2.0420

23

Open: 2.0437

Close: 2.0444

Mid: 2.0446

24
25
26

Open: 2.0483

Close: 2.0549

Mid: 2.0510

27

Open: 2.0550

Close: 2.0560

Mid: 2.0572

28

Open: 2.0558

Close: 2.0767

Mid: 2.0669

29

Open: 2.0762

Close: 2.0740

Mid: 2.0778

March - 2024

SunMonTueWedThuFriSat
1

Open: 2.0739

Close: 2.0724

Mid: 2.0722

2
3
4

Open: 2.0737

Close: 2.0826

Mid: 2.0774

5

Open: 2.0826

Close: 2.0877

Mid: 2.0848

6

Open: 2.0874

Close: 2.0771

Mid: 2.0839

7

Open: 2.0771

Close: 2.0746

Mid: 2.0726

8

Open: 2.0746

Close: 2.0819

Mid: 2.0770

9
10
11

Open: 2.0811

Close: 2.0768

Mid: 2.0791

12

Open: 2.0768

Close: 2.0800

Mid: 2.0756

13

Open: 2.0800

Close: 2.0785

Mid: 2.0776

14

Open: 2.0784

Close: 2.0803

Mid: 2.0776

15

Open: 2.0803

Close: 2.0929

Mid: 2.0866

16
17
18

Open: 2.0924

Close: 2.0917

Mid: 2.0911

19

Open: 2.0917

Close: 2.1021

Mid: 2.0973

20

Open: 2.1021

Close: 2.1025

Mid: 2.1036

21

Open: 2.1025

Close: 2.0943

Mid: 2.1010

22

Open: 2.0943

Close: 2.1026

Mid: 2.0982

23
24
25

Open: 2.0981

Close: 2.1049

Mid: 2.1022

26

Open: 2.1049

Close: 2.1032

Mid: 2.1032

27

Open: 2.1032

Close: 2.1052

Mid: 2.1036

28

Open: 2.1052

Close: 2.1136

Mid: 2.1107

29

Open: 2.1136

Close: 2.1116

Mid: 2.1121

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 2.1125

Close: 2.1083

Mid: 2.1111

2

Open: 2.1083

Close: 2.1064

Mid: 2.1083

3

Open: 2.1064

Close: 2.1055

Mid: 2.1080

4

Open: 2.1055

Close: 2.0982

Mid: 2.1007

5

Open: 2.0982

Close: 2.1018

Mid: 2.0995

6
7
8

Open: 2.1014

Close: 2.0980

Mid: 2.0990

9

Open: 2.0980

Close: 2.0920

Mid: 2.0943

10

Open: 2.0920

Close: 2.0990

Mid: 2.0929

11

Open: 2.0989

Close: 2.0933

Mid: 2.0947

12

Open: 2.0933

Close: 2.0971

Mid: 2.0936

13
14
15

Open: 2.0946

Close: 2.1081

Mid: 2.1012

16

Open: 2.1081

Close: 2.1131

Mid: 2.1137

17

Open: 2.1131

Close: 2.1048

Mid: 2.1104

18

Open: 2.1048

Close: 2.1071

Mid: 2.1055

19

Open: 2.1071

Close: 2.1010

Mid: 2.1084

20
21
22

Open: 2.1003

Close: 2.0862

Mid: 2.0930

23

Open: 2.0862

Close: 2.0985

Mid: 2.0917

24

Open: 2.0985

Close: 2.0996

Mid: 2.0965

25

Open: 2.0996

Close: 2.1036

Mid: 2.1013

26

Open: 2.1037

Close: 2.1034

Mid: 2.0998

27
28
29

Open: 2.0995

Close: 2.1016

Mid: 2.1006

30

Open: 2.1016

Close: 2.1218

Mid: 2.1114

May - 2024

SunMonTueWedThuFriSat
1

Open: 2.1218

Close: 2.1126

Mid: 2.1186

2

Open: 2.1126

Close: 2.1025

Mid: 2.1090

3

Open: 2.1025

Close: 2.0874

Mid: 2.0940

4
5
6

Open: 2.0867

Close: 2.0901

Mid: 2.0890

7

Open: 2.0901

Close: 2.0840

Mid: 2.0875

8

Open: 2.0840

Close: 2.0816

Mid: 2.0841

9

Open: 2.0816

Close: 2.0753

Mid: 2.0796

10

Open: 2.0753

Close: 2.0807

Mid: 2.0789

11
12
13

Open: 2.0810

Close: 2.0873

Mid: 2.0834

14

Open: 2.0873

Close: 2.0842

Mid: 2.0833

15

Open: 2.0842

Close: 2.0721

Mid: 2.0780

16

Open: 2.0721

Close: 2.0697

Mid: 2.0713

17

Open: 2.0697

Close: 2.0706

Mid: 2.0707

18
19
20

Open: 2.0698

Close: 2.0811

Mid: 2.0762

21

Open: 2.0811

Close: 2.0863

Mid: 2.0832

22

Open: 2.0864

Close: 2.0859

Mid: 2.0788

23

Open: 2.0859

Close: 2.0820

Mid: 2.0816

24

Open: 2.0820

Close: 2.0808

Mid: 2.0821

25
26
27

Open: 2.0809

Close: 2.0764

Mid: 2.0788

28

Open: 2.0764

Close: 2.0781

Mid: 2.0752

29

Open: 2.0781

Close: 2.0769

Mid: 2.0786

30

Open: 2.0769

Close: 2.0823

Mid: 2.0803

31

Open: 2.0823

Close: 2.0740

Mid: 2.0763

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 2.0745

Close: 2.0681

Mid: 2.0705

4

Open: 2.0682

Close: 2.0672

Mid: 2.0694

5

Open: 2.0672

Close: 2.0648

Mid: 2.0653

6

Open: 2.0648

Close: 2.0630

Mid: 2.0649

7

Open: 2.0630

Close: 2.0840

Mid: 2.0733

8
9
10

Open: 2.0836

Close: 2.0774

Mid: 2.0817

11

Open: 2.0774

Close: 2.0734

Mid: 2.0771

12

Open: 2.0735

Close: 2.0691

Mid: 2.0706

13

Open: 2.0691

Close: 2.0692

Mid: 2.0693

14

Open: 2.0692

Close: 2.0655

Mid: 2.0702

15
16
17

Open: 2.0685

Close: 2.0721

Mid: 2.0703

18

Open: 2.0721

Close: 2.0684

Mid: 2.0729

19

Open: 2.0684

Close: 2.0744

Mid: 2.0720

20

Open: 2.0744

Close: 2.0682

Mid: 2.0715

21

Open: 2.0682

Close: 2.0664

Mid: 2.0653

22
23
24

Open: 2.0664

Close: 2.0712

Mid: 2.0684

25

Open: 2.0712

Close: 2.0725

Mid: 2.0729

26

Open: 2.0725

Close: 2.0751

Mid: 2.0753

27

Open: 2.0751

Close: 2.0782

Mid: 2.0753

28

Open: 2.0782

Close: 2.0759

Mid: 2.0788

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 2.0717

Close: 2.0820

Mid: 2.0778

2

Open: 2.0820

Close: 2.0871

Mid: 2.0848

3

Open: 2.0871

Close: 2.0881

Mid: 2.0893

4

Open: 2.0881

Close: 2.0859

Mid: 2.0862

5

Open: 2.0859

Close: 2.0854

Mid: 2.0879

6
7
8

Open: 2.0847

Close: 2.0906

Mid: 2.0877

9

Open: 2.0907

Close: 2.0875

Mid: 2.0915

10

Open: 2.0875

Close: 2.1127

Mid: 2.0998

11

Open: 2.1127

Close: 2.1188

Mid: 2.1139

12

Open: 2.1188

Close: 2.1228

Mid: 2.1199

13
14
15

Open: 2.1216

Close: 2.1348

Mid: 2.1285

16

Open: 2.1348

Close: 2.1446

Mid: 2.1392

17

Open: 2.1446

Close: 2.1387

Mid: 2.1400

18

Open: 2.1387

Close: 2.1413

Mid: 2.1403

19

Open: 2.1413

Close: 2.1490

Mid: 2.1449

20
21
22

Open: 2.1484

Close: 2.1633

Mid: 2.1545

23

Open: 2.1633

Close: 2.1669

Mid: 2.1653

24

Open: 2.1669

Close: 2.1764

Mid: 2.1724

25

Open: 2.1764

Close: 2.1828

Mid: 2.1806

26

Open: 2.1828

Close: 2.1856

Mid: 2.1827

27
28
29

Open: 2.1822

Close: 2.1889

Mid: 2.1848

30

Open: 2.1889

Close: 2.1743

Mid: 2.1819

31

Open: 2.1743

Close: 2.1603

Mid: 2.1685

August - 2024

SunMonTueWedThuFriSat
1

Open: 2.1603

Close: 2.1412

Mid: 2.1509

2

Open: 2.1412

Close: 2.1493

Mid: 2.1425

3
4
5

Open: 2.1496

Close: 2.1510

Mid: 2.1582

6

Open: 2.1510

Close: 2.1318

Mid: 2.1435

7

Open: 2.1319

Close: 2.1175

Mid: 2.1225

8

Open: 2.1175

Close: 2.1200

Mid: 2.1188

9

Open: 2.1200

Close: 2.1270

Mid: 2.1208

10
11
12

Open: 2.1280

Close: 2.1212

Mid: 2.1217

13

Open: 2.1212

Close: 2.1164

Mid: 2.1188

14

Open: 2.1164

Close: 2.1391

Mid: 2.1286

15

Open: 2.1390

Close: 2.1480

Mid: 2.1422

16

Open: 2.1480

Close: 2.1382

Mid: 2.1440

17
18
19

Open: 2.1405

Close: 2.1248

Mid: 2.1329

20

Open: 2.1248

Close: 2.1180

Mid: 2.1213

21

Open: 2.1180

Close: 2.1259

Mid: 2.1208

22

Open: 2.1259

Close: 2.1323

Mid: 2.1296

23

Open: 2.1324

Close: 2.1200

Mid: 2.1272

24
25
26

Open: 2.1214

Close: 2.1255

Mid: 2.1241

27

Open: 2.1255

Close: 2.1207

Mid: 2.1238

28

Open: 2.1207

Close: 2.1122

Mid: 2.1180

29

Open: 2.1122

Close: 2.1042

Mid: 2.1059

30

Open: 2.1042

Close: 2.1003

Mid: 2.1032

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 2.1017

Close: 2.1097

Mid: 2.1059

3

Open: 2.1097

Close: 2.1196

Mid: 2.1129

4

Open: 2.1196

Close: 2.1209

Mid: 2.1207

5

Open: 2.1209

Close: 2.1177

Mid: 2.1216

6

Open: 2.1177

Close: 2.1266

Mid: 2.1220

7
8
9

Open: 2.1251

Close: 2.1276

Mid: 2.1290

10

Open: 2.1276

Close: 2.1269

Mid: 2.1260

11

Open: 2.1269

Close: 2.1253

Mid: 2.1293

12

Open: 2.1253

Close: 2.1225

Mid: 2.1244

13

Open: 2.1226

Close: 2.1314

Mid: 2.1274

14
15
16

Open: 2.1268

Close: 2.1312

Mid: 2.1310

17

Open: 2.1312

Close: 2.1279

Mid: 2.1314

18

Open: 2.1279

Close: 2.1280

Mid: 2.1254

19

Open: 2.1280

Close: 2.1291

Mid: 2.1232

20

Open: 2.1291

Close: 2.1359

Mid: 2.1322

21
22
23

Open: 2.1335

Close: 2.1298

Mid: 2.1320

24

Open: 2.1298

Close: 2.1156

Mid: 2.1243

25

Open: 2.1156

Close: 2.1277

Mid: 2.1200

26

Open: 2.1277

Close: 2.1200

Mid: 2.1240

27

Open: 2.1200

Close: 2.1089

Mid: 2.1154

28
29
30

Open: 2.1118

Close: 2.1067

Mid: 2.1065

October - 2024

SunMonTueWedThuFriSat
1

Open: 2.1067

Close: 2.1154

Mid: 2.1113

2

Open: 2.1154

Close: 2.1184

Mid: 2.1118

3

Open: 2.1184

Close: 2.1125

Mid: 2.1151

4

Open: 2.1125

Close: 2.1309

Mid: 2.1211

5
6
7

Open: 2.1280

Close: 2.1361

Mid: 2.1317

8

Open: 2.1361

Close: 2.1349

Mid: 2.1372

9

Open: 2.1349

Close: 2.1558

Mid: 2.1458

10

Open: 2.1558

Close: 2.1435

Mid: 2.1503

11

Open: 2.1435

Close: 2.1387

Mid: 2.1414

12
13
14

Open: 2.1451

Close: 2.1424

Mid: 2.1434

15

Open: 2.1424

Close: 2.1492

Mid: 2.1469

16

Open: 2.1492

Close: 2.1446

Mid: 2.1513

17

Open: 2.1446

Close: 2.1472

Mid: 2.1441

18

Open: 2.1472

Close: 2.1495

Mid: 2.1502

19
20
21

Open: 2.1471

Close: 2.1530

Mid: 2.1493

22

Open: 2.1531

Close: 2.1486

Mid: 2.1473

23

Open: 2.1486

Close: 2.1518

Mid: 2.1513

24

Open: 2.1518

Close: 2.1572

Mid: 2.1532

25

Open: 2.1572

Close: 2.1685

Mid: 2.1625

26
27
28

Open: 2.1695

Close: 2.1690

Mid: 2.1687

29

Open: 2.1690

Close: 2.1789

Mid: 2.1742

30

Open: 2.1789

Close: 2.1700

Mid: 2.1748

31

Open: 2.1700

Close: 2.1582

Mid: 2.1671

November - 2024

SunMonTueWedThuFriSat
1

Open: 2.1582

Close: 2.1672

Mid: 2.1623

2
3
4

Open: 2.1669

Close: 2.1694

Mid: 2.1652

5

Open: 2.1693

Close: 2.1713

Mid: 2.1683

6

Open: 2.1713

Close: 2.1688

Mid: 2.1687

7

Open: 2.1688

Close: 2.1554

Mid: 2.1623

8

Open: 2.1554

Close: 2.1650

Mid: 2.1611

9
10
11

Open: 2.1649

Close: 2.1576

Mid: 2.1631

12

Open: 2.1576

Close: 2.1511

Mid: 2.1539

13

Open: 2.1511

Close: 2.1613

Mid: 2.1538

14

Open: 2.1613

Close: 2.1653

Mid: 2.1616

15

Open: 2.1653

Close: 2.1513

Mid: 2.1592

16
17
18

Open: 2.1528

Close: 2.1513

Mid: 2.1564

19

Open: 2.1513

Close: 2.1450

Mid: 2.1489

20

Open: 2.1450

Close: 2.1529

Mid: 2.1506

21

Open: 2.1529

Close: 2.1485

Mid: 2.1526

22

Open: 2.1485

Close: 2.1478

Mid: 2.1498

23
24
25

Open: 2.1485

Close: 2.1501

Mid: 2.1494

26

Open: 2.1501

Close: 2.1544

Mid: 2.1538

27

Open: 2.1544

Close: 2.1511

Mid: 2.1465

28

Open: 2.1511

Close: 2.1544

Mid: 2.1511

29

Open: 2.1544

Close: 2.1501

Mid: 2.1489

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 2.1501

Close: 2.1492

Mid: 2.1530

3

Open: 2.1492

Close: 2.1548

Mid: 2.1528

4

Open: 2.1548

Close: 2.1708

Mid: 2.1636

5

Open: 2.1708

Close: 2.1679

Mid: 2.1691

6

Open: 2.1679

Close: 2.1851

Mid: 2.1767

7
8
9

Open: 2.1801

Close: 2.1742

Mid: 2.1821

10

Open: 2.1742

Close: 2.2022

Mid: 2.1878

11

Open: 2.2022

Close: 2.2043

Mid: 2.2049

12

Open: 2.2043

Close: 2.1968

Mid: 2.1998

13

Open: 2.1968

Close: 2.1899

Mid: 2.1855

14
15
16

Open: 2.1884

Close: 2.1936

Mid: 2.1910

17

Open: 2.1936

Close: 2.2092

Mid: 2.2005

18

Open: 2.2092

Close: 2.2361

Mid: 2.2220

19

Open: 2.2361

Close: 2.2203

Mid: 2.2294

20

Open: 2.2203

Close: 2.2223

Mid: 2.2210

21
22
23

Open: 2.2228

Close: 2.2194

Mid: 2.2222

24

Open: 2.2194

Close: 2.2218

Mid: 2.2203

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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