Best British Pound / U.S. Dollar Exchange Rate Today: 1.2569

Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 1.2531, and the most competitive travel money / cash rates start at approximately 1.2308.

Live rate: 1 GBP = 1.2569 USD (+0.54%)

Inverted: 1 USD = 0.7956 GBP

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

Comparison Results:

1.2569
horizon
Money Transfer
Recipient Gets
USD 1.2531
Exchange Rate
1.2569
FX Charge
0
Fee (0.3%)
0.0038
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

1.2507
cog
Cash
Recipient Gets
USD 1.2507
Exchange Rate
1.2507
FX Charge
0.0062
 
 
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

1.2481
corpay
Money Transfer
Recipient Gets
USD 1.2481
Exchange Rate
1.2481
FX Charge
0.0088
 
 
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

1.2314
travelfx
Cash
Recipient Gets
USD 1.2314
Exchange Rate
1.2314
FX Charge
0.0255
 
 
Cash
Admin Fee
Offers Advice
TravelFX only delivers holiday cash but has some of the most competitive rates. Learn More

Visit Provider

1.2277
tesco
Cash
Recipient Gets
USD 1.2277
Exchange Rate
1.2277
FX Charge
0.0292
 
 
Cash
Admin Fee
Offers Advice
Best euro rate on the high street for tourists Learn More

Visit Provider

1.2266
nationwide
Money Transfer
Recipient Gets
USD 1.2266
Exchange Rate
1.2266
FX Charge
0.0303
 
 
Cash
Admin Fee
Offers Advice
Nationwide are transparent about their rates, which allows us to accurately show how the big banks compare.

Visit Provider

1.2054
postoffice
Cash
Recipient Gets
USD 1.2054
Exchange Rate
1.2054
FX Charge
0.0515
 
 
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

1.2003
paypal
Money Transfer
Recipient Gets
USD 1.2003
Exchange Rate
1.2003
FX Charge
0.0566
 
 
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

1.1931
barclays
Cash
Recipient Gets
USD 1.1931
Exchange Rate
1.1931
FX Charge
0.0638
 
 
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

1.21236
lloyds
Money Transfer
Recipient Gets
USD 0
Exchange Rate
1.21236
FX Charge
0.0445
 
 
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

For full historical data please visit: GBP/USD 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: 1.2732

Close: 1.2732

Mid: 1.2732

2

Open: 1.2731

Close: 1.2618

Mid: 1.2685

3

Open: 1.2618

Close: 1.2664

Mid: 1.2647

4

Open: 1.2665

Close: 1.2683

Mid: 1.2693

5

Open: 1.2683

Close: 1.2717

Mid: 1.2691

6
7
8

Open: 1.2719

Close: 1.2749

Mid: 1.2720

9

Open: 1.2748

Close: 1.2710

Mid: 1.2728

10

Open: 1.2710

Close: 1.2741

Mid: 1.2715

11

Open: 1.2742

Close: 1.2762

Mid: 1.2732

12

Open: 1.2762

Close: 1.2751

Mid: 1.2753

13
14
15

Open: 1.2751

Close: 1.2729

Mid: 1.2739

16

Open: 1.2728

Close: 1.2635

Mid: 1.2677

17

Open: 1.2637

Close: 1.2679

Mid: 1.2646

18

Open: 1.2676

Close: 1.2707

Mid: 1.2678

19

Open: 1.2707

Close: 1.2702

Mid: 1.2688

20
21
22

Open: 1.2687

Close: 1.2708

Mid: 1.2710

23

Open: 1.2709

Close: 1.2688

Mid: 1.2698

24

Open: 1.2687

Close: 1.2725

Mid: 1.2728

25

Open: 1.2725

Close: 1.2711

Mid: 1.2712

26

Open: 1.2708

Close: 1.2704

Mid: 1.2717

27
28
29

Open: 1.2698

Close: 1.2711

Mid: 1.2691

30

Open: 1.2709

Close: 1.2700

Mid: 1.2681

31

Open: 1.2700

Close: 1.2686

Mid: 1.2705

February - 2024

SunMonTueWedThuFriSat
1

Open: 1.2688

Close: 1.2743

Mid: 1.2691

2

Open: 1.2744

Close: 1.2634

Mid: 1.2693

3
4
5

Open: 1.2634

Close: 1.2536

Mid: 1.2577

6

Open: 1.2535

Close: 1.2598

Mid: 1.2568

7

Open: 1.2598

Close: 1.2627

Mid: 1.2619

8

Open: 1.2626

Close: 1.2620

Mid: 1.2605

9

Open: 1.2617

Close: 1.2629

Mid: 1.2621

10
11
12

Open: 1.2634

Close: 1.2628

Mid: 1.2630

13

Open: 1.2628

Close: 1.2592

Mid: 1.2629

14

Open: 1.2593

Close: 1.2566

Mid: 1.2573

15

Open: 1.2566

Close: 1.2601

Mid: 1.2572

16

Open: 1.2600

Close: 1.2600

Mid: 1.2588

17
18
19

Open: 1.2605

Close: 1.2596

Mid: 1.2607

20

Open: 1.2596

Close: 1.2622

Mid: 1.2624

21

Open: 1.2622

Close: 1.2636

Mid: 1.2622

22

Open: 1.2638

Close: 1.2661

Mid: 1.2661

23

Open: 1.2660

Close: 1.2670

Mid: 1.2675

24
25
26

Open: 1.2680

Close: 1.2685

Mid: 1.2678

27

Open: 1.2685

Close: 1.2686

Mid: 1.2679

28

Open: 1.2685

Close: 1.2661

Mid: 1.2655

29

Open: 1.2662

Close: 1.2625

Mid: 1.2647

March - 2024

SunMonTueWedThuFriSat
1

Open: 1.2625

Close: 1.2656

Mid: 1.2632

2
3
4

Open: 1.2655

Close: 1.2692

Mid: 1.2679

5

Open: 1.2692

Close: 1.2705

Mid: 1.2703

6

Open: 1.2705

Close: 1.2732

Mid: 1.2726

7

Open: 1.2732

Close: 1.2808

Mid: 1.2767

8

Open: 1.2809

Close: 1.2859

Mid: 1.2848

9
10
11

Open: 1.2860

Close: 1.2814

Mid: 1.2829

12

Open: 1.2814

Close: 1.2793

Mid: 1.2785

13

Open: 1.2793

Close: 1.2797

Mid: 1.2793

14

Open: 1.2797

Close: 1.2753

Mid: 1.2777

15

Open: 1.2753

Close: 1.2734

Mid: 1.2742

16
17
18

Open: 1.2738

Close: 1.2729

Mid: 1.2733

19

Open: 1.2729

Close: 1.2722

Mid: 1.2701

20

Open: 1.2722

Close: 1.2785

Mid: 1.2736

21

Open: 1.2786

Close: 1.2657

Mid: 1.2727

22

Open: 1.2657

Close: 1.2601

Mid: 1.2625

23
24
25

Open: 1.2598

Close: 1.2637

Mid: 1.2622

26

Open: 1.2636

Close: 1.2628

Mid: 1.2645

27

Open: 1.2628

Close: 1.2640

Mid: 1.2623

28

Open: 1.2640

Close: 1.2624

Mid: 1.2620

29

Open: 1.2624

Close: 1.2625

Mid: 1.2628

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1.2631

Close: 1.2551

Mid: 1.2591

2

Open: 1.2552

Close: 1.2578

Mid: 1.2559

3

Open: 1.2578

Close: 1.2653

Mid: 1.2609

4

Open: 1.2653

Close: 1.2642

Mid: 1.2659

5

Open: 1.2642

Close: 1.2638

Mid: 1.2611

6
7
8

Open: 1.2628

Close: 1.2655

Mid: 1.2639

9

Open: 1.2655

Close: 1.2678

Mid: 1.2679

10

Open: 1.2678

Close: 1.2540

Mid: 1.2613

11

Open: 1.2540

Close: 1.2553

Mid: 1.2545

12

Open: 1.2553

Close: 1.2449

Mid: 1.2493

13
14
15

Open: 1.2446

Close: 1.2446

Mid: 1.2467

16

Open: 1.2446

Close: 1.2426

Mid: 1.2439

17

Open: 1.2426

Close: 1.2454

Mid: 1.2450

18

Open: 1.2454

Close: 1.2437

Mid: 1.2459

19

Open: 1.2437

Close: 1.2370

Mid: 1.2418

20
21
22

Open: 1.2375

Close: 1.2350

Mid: 1.2346

23

Open: 1.2349

Close: 1.2449

Mid: 1.2395

24

Open: 1.2449

Close: 1.2464

Mid: 1.2446

25

Open: 1.2464

Close: 1.2514

Mid: 1.2490

26

Open: 1.2514

Close: 1.2494

Mid: 1.2495

27
28
29

Open: 1.2487

Close: 1.2563

Mid: 1.2528

30

Open: 1.2563

Close: 1.2492

Mid: 1.2527

May - 2024

SunMonTueWedThuFriSat
1

Open: 1.2492

Close: 1.2528

Mid: 1.2508

2

Open: 1.2528

Close: 1.2534

Mid: 1.2508

3

Open: 1.2534

Close: 1.2547

Mid: 1.2580

4
5
6

Open: 1.2548

Close: 1.2563

Mid: 1.2567

7

Open: 1.2562

Close: 1.2508

Mid: 1.2536

8

Open: 1.2508

Close: 1.2498

Mid: 1.2492

9

Open: 1.2498

Close: 1.2524

Mid: 1.2487

10

Open: 1.2524

Close: 1.2525

Mid: 1.2522

11
12
13

Open: 1.2520

Close: 1.2559

Mid: 1.2543

14

Open: 1.2559

Close: 1.2592

Mid: 1.2551

15

Open: 1.2592

Close: 1.2686

Mid: 1.2635

16

Open: 1.2686

Close: 1.2670

Mid: 1.2672

17

Open: 1.2670

Close: 1.2701

Mid: 1.2679

18
19
20

Open: 1.2694

Close: 1.2706

Mid: 1.2707

21

Open: 1.2706

Close: 1.2709

Mid: 1.2707

22

Open: 1.2709

Close: 1.2717

Mid: 1.2731

23

Open: 1.2717

Close: 1.2699

Mid: 1.2716

24

Open: 1.2699

Close: 1.2738

Mid: 1.2714

25
26
27

Open: 1.2733

Close: 1.2769

Mid: 1.2755

28

Open: 1.2769

Close: 1.2762

Mid: 1.2777

29

Open: 1.2762

Close: 1.2700

Mid: 1.2735

30

Open: 1.2700

Close: 1.2732

Mid: 1.2714

31

Open: 1.2732

Close: 1.2742

Mid: 1.2733

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1.2732

Close: 1.2808

Mid: 1.2751

4

Open: 1.2808

Close: 1.2770

Mid: 1.2780

5

Open: 1.2770

Close: 1.2787

Mid: 1.2776

6

Open: 1.2787

Close: 1.2791

Mid: 1.2786

7

Open: 1.2791

Close: 1.2720

Mid: 1.2764

8
9
10

Open: 1.2723

Close: 1.2731

Mid: 1.2713

11

Open: 1.2731

Close: 1.2741

Mid: 1.2729

12

Open: 1.2740

Close: 1.2798

Mid: 1.2797

13

Open: 1.2798

Close: 1.2763

Mid: 1.2773

14

Open: 1.2763

Close: 1.2687

Mid: 1.2710

15
16
17

Open: 1.2685

Close: 1.2705

Mid: 1.2684

18

Open: 1.2705

Close: 1.2708

Mid: 1.2695

19

Open: 1.2708

Close: 1.2720

Mid: 1.2720

20

Open: 1.2720

Close: 1.2657

Mid: 1.2689

21

Open: 1.2657

Close: 1.2644

Mid: 1.2649

22
23
24

Open: 1.2635

Close: 1.2686

Mid: 1.2665

25

Open: 1.2686

Close: 1.2686

Mid: 1.2686

26

Open: 1.2686

Close: 1.2622

Mid: 1.2654

27

Open: 1.2622

Close: 1.2640

Mid: 1.2642

28

Open: 1.2640

Close: 1.2645

Mid: 1.2642

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1.2639

Close: 1.2650

Mid: 1.2671

2

Open: 1.2650

Close: 1.2685

Mid: 1.2652

3

Open: 1.2685

Close: 1.2743

Mid: 1.2728

4

Open: 1.2742

Close: 1.2760

Mid: 1.2754

5

Open: 1.2760

Close: 1.2815

Mid: 1.2786

6
7
8

Open: 1.2794

Close: 1.2807

Mid: 1.2820

9

Open: 1.2807

Close: 1.2786

Mid: 1.2802

10

Open: 1.2786

Close: 1.2849

Mid: 1.2817

11

Open: 1.2849

Close: 1.2915

Mid: 1.2898

12

Open: 1.2915

Close: 1.2988

Mid: 1.2946

13
14
15

Open: 1.2963

Close: 1.2968

Mid: 1.2978

16

Open: 1.2968

Close: 1.2974

Mid: 1.2959

17

Open: 1.2974

Close: 1.3009

Mid: 1.3005

18

Open: 1.3010

Close: 1.2944

Mid: 1.2977

19

Open: 1.2944

Close: 1.2913

Mid: 1.2930

20
21
22

Open: 1.2916

Close: 1.2933

Mid: 1.2924

23

Open: 1.2933

Close: 1.2907

Mid: 1.2912

24

Open: 1.2907

Close: 1.2907

Mid: 1.2908

25

Open: 1.2907

Close: 1.2851

Mid: 1.2882

26

Open: 1.2851

Close: 1.2868

Mid: 1.2864

27
28
29

Open: 1.2864

Close: 1.2861

Mid: 1.2848

30

Open: 1.2861

Close: 1.2836

Mid: 1.2843

31

Open: 1.2836

Close: 1.2856

Mid: 1.2843

August - 2024

SunMonTueWedThuFriSat
1

Open: 1.2856

Close: 1.2739

Mid: 1.2795

2

Open: 1.2739

Close: 1.2804

Mid: 1.2774

3
4
5

Open: 1.2810

Close: 1.2777

Mid: 1.2764

6

Open: 1.2778

Close: 1.2691

Mid: 1.2738

7

Open: 1.2691

Close: 1.2693

Mid: 1.2709

8

Open: 1.2693

Close: 1.2749

Mid: 1.2709

9

Open: 1.2749

Close: 1.2759

Mid: 1.2750

10
11
12

Open: 1.2770

Close: 1.2766

Mid: 1.2771

13

Open: 1.2766

Close: 1.2863

Mid: 1.2818

14

Open: 1.2863

Close: 1.2827

Mid: 1.2844

15

Open: 1.2827

Close: 1.2854

Mid: 1.2835

16

Open: 1.2854

Close: 1.2946

Mid: 1.2899

17
18
19

Open: 1.2931

Close: 1.2991

Mid: 1.2964

20

Open: 1.2991

Close: 1.3034

Mid: 1.3013

21

Open: 1.3034

Close: 1.3090

Mid: 1.3065

22

Open: 1.3090

Close: 1.3092

Mid: 1.3103

23

Open: 1.3092

Close: 1.3217

Mid: 1.3159

24
25
26

Open: 1.3205

Close: 1.3187

Mid: 1.3201

27

Open: 1.3188

Close: 1.3261

Mid: 1.3223

28

Open: 1.3261

Close: 1.3191

Mid: 1.3215

29

Open: 1.3191

Close: 1.3168

Mid: 1.3186

30

Open: 1.3168

Close: 1.3126

Mid: 1.3155

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.3131

Close: 1.3147

Mid: 1.3138

3

Open: 1.3147

Close: 1.3114

Mid: 1.3119

4

Open: 1.3114

Close: 1.3149

Mid: 1.3138

5

Open: 1.3149

Close: 1.3181

Mid: 1.3162

6

Open: 1.3181

Close: 1.3130

Mid: 1.3174

7
8
9

Open: 1.3127

Close: 1.3073

Mid: 1.3106

10

Open: 1.3074

Close: 1.3080

Mid: 1.3078

11

Open: 1.3080

Close: 1.3043

Mid: 1.3057

12

Open: 1.3043

Close: 1.3124

Mid: 1.3080

13

Open: 1.3124

Close: 1.3124

Mid: 1.3136

14
15
16

Open: 1.3124

Close: 1.3217

Mid: 1.3170

17

Open: 1.3217

Close: 1.3160

Mid: 1.3188

18

Open: 1.3160

Close: 1.3213

Mid: 1.3227

19

Open: 1.3213

Close: 1.3283

Mid: 1.3234

20

Open: 1.3283

Close: 1.3323

Mid: 1.3304

21
22
23

Open: 1.3321

Close: 1.3348

Mid: 1.3304

24

Open: 1.3348

Close: 1.3414

Mid: 1.3374

25

Open: 1.3413

Close: 1.3323

Mid: 1.3371

26

Open: 1.3323

Close: 1.3415

Mid: 1.3374

27

Open: 1.3415

Close: 1.3373

Mid: 1.3394

28
29
30

Open: 1.3375

Close: 1.3375

Mid: 1.3387

October - 2024

SunMonTueWedThuFriSat
1

Open: 1.3375

Close: 1.3286

Mid: 1.3313

2

Open: 1.3286

Close: 1.3267

Mid: 1.3276

3

Open: 1.3267

Close: 1.3124

Mid: 1.3183

4

Open: 1.3124

Close: 1.3124

Mid: 1.3123

5
6
7

Open: 1.3109

Close: 1.3084

Mid: 1.3097

8

Open: 1.3084

Close: 1.3104

Mid: 1.3089

9

Open: 1.3104

Close: 1.3071

Mid: 1.3081

10

Open: 1.3071

Close: 1.3060

Mid: 1.3058

11

Open: 1.3060

Close: 1.3067

Mid: 1.3063

12
13
14

Open: 1.3077

Close: 1.3060

Mid: 1.3053

15

Open: 1.3060

Close: 1.3074

Mid: 1.3069

16

Open: 1.3074

Close: 1.2990

Mid: 1.3027

17

Open: 1.2990

Close: 1.3011

Mid: 1.2999

18

Open: 1.3011

Close: 1.3052

Mid: 1.3038

19
20
21

Open: 1.3046

Close: 1.2985

Mid: 1.3017

22

Open: 1.2985

Close: 1.2985

Mid: 1.2980

23

Open: 1.2984

Close: 1.2922

Mid: 1.2952

24

Open: 1.2922

Close: 1.2976

Mid: 1.2949

25

Open: 1.2976

Close: 1.2962

Mid: 1.2977

26
27
28

Open: 1.2974

Close: 1.2973

Mid: 1.2970

29

Open: 1.2973

Close: 1.3015

Mid: 1.2987

30

Open: 1.3015

Close: 1.2962

Mid: 1.2990

31

Open: 1.2963

Close: 1.2899

Mid: 1.2922

November - 2024

SunMonTueWedThuFriSat
1

Open: 1.2899

Close: 1.2927

Mid: 1.2932

2
3
4

Open: 1.2969

Close: 1.2957

Mid: 1.2967

5

Open: 1.2957

Close: 1.3042

Mid: 1.2996

6

Open: 1.3042

Close: 1.2879

Mid: 1.2941

7

Open: 1.2879

Close: 1.2987

Mid: 1.2942

8

Open: 1.2987

Close: 1.2920

Mid: 1.2937

9
10
11

Open: 1.2896

Close: 1.2868

Mid: 1.2891

12

Open: 1.2868

Close: 1.2748

Mid: 1.2797

13

Open: 1.2748

Close: 1.2708

Mid: 1.2727

14

Open: 1.2708

Close: 1.2666

Mid: 1.2675

15

Open: 1.2666

Close: 1.2620

Mid: 1.2647

16
17
18

Open: 1.2617

Close: 1.2678

Mid: 1.2650

19

Open: 1.2678

Close: 1.2682

Mid: 1.2651

20

Open: 1.2682

Close: 1.2653

Mid: 1.2673

21

Open: 1.2653

Close: 1.2589

Mid: 1.2618

22

Open: 1.2589

Close: 1.2532

Mid: 1.2541

23
24
25

Open: 1.2576

Close: 1.2568

Mid: 1.2577

26

Open: 1.2568

Close: 1.2569

Mid: 1.2562

27

Open: 1.2569

Close: 1.2680

Mid: 1.2631

28

Open: 1.2680

Close: 1.2687

Mid: 1.2668

29

Open: 1.2687

Close: 1.2737

Mid: 1.2711

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.2736

Close: 1.2655

Mid: 1.2677

3

Open: 1.2655

Close: 1.2673

Mid: 1.2668

4

Open: 1.2673

Close: 1.2701

Mid: 1.2676

5

Open: 1.2701

Close: 1.2760

Mid: 1.2732

6

Open: 1.2760

Close: 1.2742

Mid: 1.2766

7
8
9

Open: 1.2736

Close: 1.2750

Mid: 1.2758

10

Open: 1.2750

Close: 1.2772

Mid: 1.2751

11

Open: 1.2772

Close: 1.2751

Mid: 1.2748

12

Open: 1.2751

Close: 1.2673

Mid: 1.2727

13

Open: 1.2673

Close: 1.2616

Mid: 1.2644

14
15
16

Open: 1.2616

Close: 1.2683

Mid: 1.2656

17

Open: 1.2684

Close: 1.2710

Mid: 1.2697

18

Open: 1.2710

Close: 1.2574

Mid: 1.2643

19

Open: 1.2574

Close: 1.2502

Mid: 1.2581

20

Open: 1.2502

Close: 1.2569

Mid: 1.2545

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.

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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