Best British Pound / Canadian Dollar Exchange Rate Today: 1.8023

Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 1.7969, and the most competitive travel money / cash rates start at approximately 1.7656.

Live rate: 1 GBP = 1.8023 CAD (+0.05%)

Inverted: 1 CAD = 0.5548 GBP

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

Comparison Results:

1.8023
horizon
Money Transfer
Recipient Gets
CAD 1.7969
Exchange Rate
1.8023
FX Charge
0
Fee (0.3%)
0.0054
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

1.7897
corpay
Money Transfer
Recipient Gets
CAD 1.7897
Exchange Rate
1.7897
FX Charge
0.0126
 
 
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

1.7662
travelfx
Cash
Recipient Gets
CAD 1.7662
Exchange Rate
1.7662
FX Charge
0.0361
 
 
Cash
Admin Fee
Offers Advice
TravelFX only delivers holiday cash but has some of the most competitive rates. Learn More

Visit Provider

1.7661
nationwide
Money Transfer
Recipient Gets
CAD 1.7661
Exchange Rate
1.7661
FX Charge
0.0362
 
 
Cash
Admin Fee
Offers Advice
Nationwide are transparent about their rates, which allows us to accurately show how the big banks compare.

Visit Provider

1.7624
cog
Cash
Recipient Gets
CAD 1.7624
Exchange Rate
1.7624
FX Charge
0.0399
 
 
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

1.7419
tesco
Cash
Recipient Gets
CAD 1.7419
Exchange Rate
1.7419
FX Charge
0.0604
 
 
Cash
Admin Fee
Offers Advice
Best euro rate on the high street for tourists Learn More

Visit Provider

1.7212
paypal
Money Transfer
Recipient Gets
CAD 1.7212
Exchange Rate
1.7212
FX Charge
0.0811
 
 
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

1.7161
postoffice
Cash
Recipient Gets
CAD 1.7161
Exchange Rate
1.7161
FX Charge
0.0862
 
 
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

1.7049
barclays
Cash
Recipient Gets
CAD 1.7049
Exchange Rate
1.7049
FX Charge
0.0974
 
 
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

1.73865
lloyds
Money Transfer
Recipient Gets
CAD 0
Exchange Rate
1.73865
FX Charge
0.0637
 
 
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/CAD 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: 1.6866

Close: 1.6863

Mid: 1.6864

2

Open: 1.6863

Close: 1.6807

Mid: 1.6840

3

Open: 1.6808

Close: 1.6910

Mid: 1.6866

4

Open: 1.6911

Close: 1.6930

Mid: 1.6930

5

Open: 1.6930

Close: 1.6994

Mid: 1.6950

6
7
8

Open: 1.6999

Close: 1.7018

Mid: 1.7019

9

Open: 1.7018

Close: 1.7019

Mid: 1.7023

10

Open: 1.7020

Close: 1.7047

Mid: 1.7022

11

Open: 1.7047

Close: 1.7091

Mid: 1.7064

12

Open: 1.7088

Close: 1.7100

Mid: 1.7061

13
14
15

Open: 1.7090

Close: 1.7089

Mid: 1.7093

16

Open: 1.7091

Close: 1.7049

Mid: 1.7057

17

Open: 1.7053

Close: 1.7126

Mid: 1.7096

18

Open: 1.7120

Close: 1.7137

Mid: 1.7119

19

Open: 1.7137

Close: 1.7060

Mid: 1.7103

20
21
22

Open: 1.7067

Close: 1.7130

Mid: 1.7089

23

Open: 1.7130

Close: 1.7077

Mid: 1.7112

24

Open: 1.7078

Close: 1.7209

Mid: 1.7138

25

Open: 1.7207

Close: 1.7121

Mid: 1.7168

26

Open: 1.7123

Close: 1.7090

Mid: 1.7106

27
28
29

Open: 1.7100

Close: 1.7050

Mid: 1.7070

30

Open: 1.7050

Close: 1.7014

Mid: 1.7019

31

Open: 1.7015

Close: 1.7044

Mid: 1.7028

February - 2024

SunMonTueWedThuFriSat
1

Open: 1.7042

Close: 1.7057

Mid: 1.7027

2

Open: 1.7060

Close: 1.7009

Mid: 1.7033

3
4
5

Open: 1.7011

Close: 1.6977

Mid: 1.6982

6

Open: 1.6973

Close: 1.6998

Mid: 1.6986

7

Open: 1.6998

Close: 1.6999

Mid: 1.7011

8

Open: 1.6999

Close: 1.6984

Mid: 1.6983

9

Open: 1.6985

Close: 1.6989

Mid: 1.6976

10
11
12

Open: 1.7000

Close: 1.6986

Mid: 1.6990

13

Open: 1.6987

Close: 1.7080

Mid: 1.7042

14

Open: 1.7081

Close: 1.7019

Mid: 1.7033

15

Open: 1.7019

Close: 1.6965

Mid: 1.6994

16

Open: 1.6966

Close: 1.6993

Mid: 1.6977

17
18
19

Open: 1.6999

Close: 1.6987

Mid: 1.6995

20

Open: 1.6987

Close: 1.7070

Mid: 1.7053

21

Open: 1.7070

Close: 1.7066

Mid: 1.7060

22

Open: 1.7068

Close: 1.7067

Mid: 1.7054

23

Open: 1.7069

Close: 1.7115

Mid: 1.7096

24
25
26

Open: 1.7117

Close: 1.7133

Mid: 1.7135

27

Open: 1.7134

Close: 1.7163

Mid: 1.7134

28

Open: 1.7161

Close: 1.7191

Mid: 1.7170

29

Open: 1.7192

Close: 1.7144

Mid: 1.7172

March - 2024

SunMonTueWedThuFriSat
1

Open: 1.7137

Close: 1.7163

Mid: 1.7152

2
3
4

Open: 1.7157

Close: 1.7228

Mid: 1.7193

5

Open: 1.7227

Close: 1.7269

Mid: 1.7249

6

Open: 1.7270

Close: 1.7204

Mid: 1.7246

7

Open: 1.7206

Close: 1.7239

Mid: 1.7221

8

Open: 1.7239

Close: 1.7331

Mid: 1.7276

9
10
11

Open: 1.7333

Close: 1.7276

Mid: 1.7300

12

Open: 1.7275

Close: 1.7258

Mid: 1.7250

13

Open: 1.7258

Close: 1.7239

Mid: 1.7252

14

Open: 1.7239

Close: 1.7258

Mid: 1.7240

15

Open: 1.7258

Close: 1.7251

Mid: 1.7240

16
17
18

Open: 1.7256

Close: 1.7228

Mid: 1.7241

19

Open: 1.7227

Close: 1.7259

Mid: 1.7246

20

Open: 1.7259

Close: 1.7250

Mid: 1.7254

21

Open: 1.7250

Close: 1.7129

Mid: 1.7184

22

Open: 1.7129

Close: 1.7146

Mid: 1.7112

23
24
25

Open: 1.7124

Close: 1.7168

Mid: 1.7156

26

Open: 1.7168

Close: 1.7154

Mid: 1.7159

27

Open: 1.7154

Close: 1.7148

Mid: 1.7155

28

Open: 1.7148

Close: 1.7093

Mid: 1.7124

29

Open: 1.7093

Close: 1.7074

Mid: 1.7100

30
31

April - 2024

SunMonTueWedThuFriSat
1

Open: 1.7111

Close: 1.7033

Mid: 1.7075

2

Open: 1.7033

Close: 1.7064

Mid: 1.7050

3

Open: 1.7064

Close: 1.7115

Mid: 1.7080

4

Open: 1.7115

Close: 1.7121

Mid: 1.7106

5

Open: 1.7121

Close: 1.7176

Mid: 1.7149

6
7
8

Open: 1.7167

Close: 1.7175

Mid: 1.7169

9

Open: 1.7175

Close: 1.7206

Mid: 1.7207

10

Open: 1.7206

Close: 1.7156

Mid: 1.7187

11

Open: 1.7155

Close: 1.7183

Mid: 1.7170

12

Open: 1.7183

Close: 1.7147

Mid: 1.7151

13
14
15

Open: 1.7138

Close: 1.7160

Mid: 1.7149

16

Open: 1.7160

Close: 1.7182

Mid: 1.7190

17

Open: 1.7182

Close: 1.7152

Mid: 1.7189

18

Open: 1.7152

Close: 1.7122

Mid: 1.7144

19

Open: 1.7121

Close: 1.7011

Mid: 1.7072

20
21
22

Open: 1.7034

Close: 1.6919

Mid: 1.6961

23

Open: 1.6919

Close: 1.7010

Mid: 1.6964

24

Open: 1.7009

Close: 1.7079

Mid: 1.7038

25

Open: 1.7079

Close: 1.7090

Mid: 1.7098

26

Open: 1.7090

Close: 1.7078

Mid: 1.7075

27
28
29

Open: 1.7076

Close: 1.7160

Mid: 1.7114

30

Open: 1.7160

Close: 1.7211

Mid: 1.7185

May - 2024

SunMonTueWedThuFriSat
1

Open: 1.7211

Close: 1.7212

Mid: 1.7196

2

Open: 1.7211

Close: 1.7134

Mid: 1.7162

3

Open: 1.7134

Close: 1.7172

Mid: 1.7163

4
5
6

Open: 1.7165

Close: 1.7168

Mid: 1.7186

7

Open: 1.7168

Close: 1.7168

Mid: 1.7172

8

Open: 1.7168

Close: 1.7150

Mid: 1.7163

9

Open: 1.7149

Close: 1.7129

Mid: 1.7122

10

Open: 1.7129

Close: 1.7125

Mid: 1.7120

11
12
13

Open: 1.7109

Close: 1.7163

Mid: 1.7144

14

Open: 1.7163

Close: 1.7189

Mid: 1.7155

15

Open: 1.7189

Close: 1.7255

Mid: 1.7214

16

Open: 1.7255

Close: 1.7252

Mid: 1.7258

17

Open: 1.7252

Close: 1.7289

Mid: 1.7273

18
19
20

Open: 1.7284

Close: 1.7311

Mid: 1.7301

21

Open: 1.7310

Close: 1.7354

Mid: 1.7340

22

Open: 1.7354

Close: 1.7415

Mid: 1.7372

23

Open: 1.7415

Close: 1.7434

Mid: 1.7410

24

Open: 1.7435

Close: 1.7407

Mid: 1.7420

25
26
27

Open: 1.7403

Close: 1.7408

Mid: 1.7408

28

Open: 1.7408

Close: 1.7414

Mid: 1.7417

29

Open: 1.7413

Close: 1.7422

Mid: 1.7426

30

Open: 1.7423

Close: 1.7416

Mid: 1.7425

31

Open: 1.7415

Close: 1.7365

Mid: 1.7378

June - 2024

SunMonTueWedThuFriSat
1
2
3

Open: 1.7359

Close: 1.7453

Mid: 1.7401

4

Open: 1.7453

Close: 1.7464

Mid: 1.7471

5

Open: 1.7464

Close: 1.7511

Mid: 1.7496

6

Open: 1.7511

Close: 1.7483

Mid: 1.7499

7

Open: 1.7483

Close: 1.7510

Mid: 1.7487

8
9
10

Open: 1.7495

Close: 1.7515

Mid: 1.7504

11

Open: 1.7515

Close: 1.7530

Mid: 1.7527

12

Open: 1.7530

Close: 1.7563

Mid: 1.7558

13

Open: 1.7562

Close: 1.7535

Mid: 1.7552

14

Open: 1.7535

Close: 1.7423

Mid: 1.7478

15
16
17

Open: 1.7427

Close: 1.7435

Mid: 1.7428

18

Open: 1.7435

Close: 1.7428

Mid: 1.7427

19

Open: 1.7427

Close: 1.7435

Mid: 1.7445

20

Open: 1.7435

Close: 1.7326

Mid: 1.7383

21

Open: 1.7326

Close: 1.7313

Mid: 1.7314

22
23
24

Open: 1.7302

Close: 1.7329

Mid: 1.7325

25

Open: 1.7329

Close: 1.7326

Mid: 1.7316

26

Open: 1.7325

Close: 1.7294

Mid: 1.7307

27

Open: 1.7294

Close: 1.7317

Mid: 1.7311

28

Open: 1.7317

Close: 1.7297

Mid: 1.7311

29
30

July - 2024

SunMonTueWedThuFriSat
1

Open: 1.7266

Close: 1.7376

Mid: 1.7330

2

Open: 1.7376

Close: 1.7351

Mid: 1.7363

3

Open: 1.7351

Close: 1.7380

Mid: 1.7372

4

Open: 1.7381

Close: 1.7369

Mid: 1.7375

5

Open: 1.7369

Close: 1.7481

Mid: 1.7424

6
7
8

Open: 1.7455

Close: 1.7461

Mid: 1.7486

9

Open: 1.7471

Close: 1.7434

Mid: 1.7458

10

Open: 1.7434

Close: 1.7498

Mid: 1.7466

11

Open: 1.7498

Close: 1.7605

Mid: 1.7555

12

Open: 1.7604

Close: 1.7759

Mid: 1.7669

13
14
15

Open: 1.7686

Close: 1.7744

Mid: 1.7716

16

Open: 1.7744

Close: 1.7737

Mid: 1.7739

17

Open: 1.7737

Close: 1.7801

Mid: 1.7778

18

Open: 1.7801

Close: 1.7742

Mid: 1.7772

19

Open: 1.7742

Close: 1.7725

Mid: 1.7732

20
21
22

Open: 1.7724

Close: 1.7791

Mid: 1.7757

23

Open: 1.7791

Close: 1.7793

Mid: 1.7769

24

Open: 1.7793

Close: 1.7821

Mid: 1.7807

25

Open: 1.7824

Close: 1.7766

Mid: 1.7805

26

Open: 1.7766

Close: 1.7805

Mid: 1.7789

27
28
29

Open: 1.7798

Close: 1.7817

Mid: 1.7775

30

Open: 1.7817

Close: 1.7777

Mid: 1.7787

31

Open: 1.7776

Close: 1.7750

Mid: 1.7748

August - 2024

SunMonTueWedThuFriSat
1

Open: 1.7750

Close: 1.7682

Mid: 1.7697

2

Open: 1.7684

Close: 1.7764

Mid: 1.7698

3
4
5

Open: 1.7782

Close: 1.7665

Mid: 1.7707

6

Open: 1.7664

Close: 1.7494

Mid: 1.7570

7

Open: 1.7494

Close: 1.7463

Mid: 1.7476

8

Open: 1.7463

Close: 1.7503

Mid: 1.7462

9

Open: 1.7503

Close: 1.7522

Mid: 1.7515

10
11
12

Open: 1.7535

Close: 1.7551

Mid: 1.7534

13

Open: 1.7551

Close: 1.7630

Mid: 1.7596

14

Open: 1.7630

Close: 1.7567

Mid: 1.7605

15

Open: 1.7564

Close: 1.7652

Mid: 1.7606

16

Open: 1.7652

Close: 1.7707

Mid: 1.7690

17
18
19

Open: 1.7696

Close: 1.7710

Mid: 1.7705

20

Open: 1.7710

Close: 1.7753

Mid: 1.7738

21

Open: 1.7753

Close: 1.7767

Mid: 1.7764

22

Open: 1.7765

Close: 1.7823

Mid: 1.7799

23

Open: 1.7822

Close: 1.7856

Mid: 1.7835

24
25
26

Open: 1.7841

Close: 1.7785

Mid: 1.7815

27

Open: 1.7785

Close: 1.7829

Mid: 1.7807

28

Open: 1.7828

Close: 1.7783

Mid: 1.7792

29

Open: 1.7783

Close: 1.7757

Mid: 1.7756

30

Open: 1.7757

Close: 1.7713

Mid: 1.7733

31

September - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.7727

Close: 1.7741

Mid: 1.7730

3

Open: 1.7741

Close: 1.7771

Mid: 1.7762

4

Open: 1.7771

Close: 1.7751

Mid: 1.7769

5

Open: 1.7751

Close: 1.7794

Mid: 1.7749

6

Open: 1.7794

Close: 1.7819

Mid: 1.7796

7
8
9

Open: 1.7805

Close: 1.7727

Mid: 1.7772

10

Open: 1.7727

Close: 1.7802

Mid: 1.7764

11

Open: 1.7802

Close: 1.7706

Mid: 1.7761

12

Open: 1.7706

Close: 1.7823

Mid: 1.7760

13

Open: 1.7823

Close: 1.7865

Mid: 1.7844

14
15
16

Open: 1.7848

Close: 1.7953

Mid: 1.7898

17

Open: 1.7951

Close: 1.7895

Mid: 1.7934

18

Open: 1.7895

Close: 1.7976

Mid: 1.7948

19

Open: 1.7975

Close: 1.8008

Mid: 1.7988

20

Open: 1.8006

Close: 1.8080

Mid: 1.8043

21
22
23

Open: 1.8067

Close: 1.8069

Mid: 1.8036

24

Open: 1.8067

Close: 1.8015

Mid: 1.8042

25

Open: 1.8015

Close: 1.7966

Mid: 1.7988

26

Open: 1.7966

Close: 1.8062

Mid: 1.8019

27

Open: 1.8062

Close: 1.8076

Mid: 1.8063

28
29
30

Open: 1.8080

Close: 1.8090

Mid: 1.8103

October - 2024

SunMonTueWedThuFriSat
1

Open: 1.8090

Close: 1.7923

Mid: 1.7996

2

Open: 1.7923

Close: 1.7914

Mid: 1.7900

3

Open: 1.7913

Close: 1.7790

Mid: 1.7824

4

Open: 1.7788

Close: 1.7808

Mid: 1.7810

5
6
7

Open: 1.7785

Close: 1.7820

Mid: 1.7790

8

Open: 1.7820

Close: 1.7882

Mid: 1.7858

9

Open: 1.7881

Close: 1.7922

Mid: 1.7887

10

Open: 1.7922

Close: 1.7945

Mid: 1.7944

11

Open: 1.7944

Close: 1.7986

Mid: 1.7976

12
13
14

Open: 1.7984

Close: 1.8017

Mid: 1.7998

15

Open: 1.8015

Close: 1.8009

Mid: 1.8052

16

Open: 1.8009

Close: 1.7866

Mid: 1.7933

17

Open: 1.7867

Close: 1.7951

Mid: 1.7908

18

Open: 1.7950

Close: 1.8010

Mid: 1.7982

19
20
21

Open: 1.8010

Close: 1.7960

Mid: 1.7988

22

Open: 1.7961

Close: 1.7941

Mid: 1.7946

23

Open: 1.7941

Close: 1.7880

Mid: 1.7913

24

Open: 1.7880

Close: 1.7978

Mid: 1.7922

25

Open: 1.7976

Close: 1.8007

Mid: 1.7983

26
27
28

Open: 1.8016

Close: 1.8020

Mid: 1.8027

29

Open: 1.8021

Close: 1.8110

Mid: 1.8060

30

Open: 1.8110

Close: 1.8023

Mid: 1.8082

31

Open: 1.8023

Close: 1.7973

Mid: 1.7987

November - 2024

SunMonTueWedThuFriSat
1

Open: 1.7973

Close: 1.8112

Mid: 1.8033

2
3
4

Open: 1.8054

Close: 1.8012

Mid: 1.8024

5

Open: 1.8012

Close: 1.8029

Mid: 1.8025

6

Open: 1.8030

Close: 1.7953

Mid: 1.7958

7

Open: 1.7953

Close: 1.8000

Mid: 1.7971

8

Open: 1.8000

Close: 1.7973

Mid: 1.7982

9
10
11

Open: 1.7936

Close: 1.7919

Mid: 1.7945

12

Open: 1.7920

Close: 1.7776

Mid: 1.7845

13

Open: 1.7775

Close: 1.7790

Mid: 1.7781

14

Open: 1.7789

Close: 1.7809

Mid: 1.7765

15

Open: 1.7808

Close: 1.7784

Mid: 1.7798

16
17
18

Open: 1.7792

Close: 1.7768

Mid: 1.7777

19

Open: 1.7768

Close: 1.7699

Mid: 1.7730

20

Open: 1.7699

Close: 1.7682

Mid: 1.7711

21

Open: 1.7682

Close: 1.7590

Mid: 1.7629

22

Open: 1.7590

Close: 1.7483

Mid: 1.7541

23
24
25

Open: 1.7562

Close: 1.7578

Mid: 1.7569

26

Open: 1.7579

Close: 1.7665

Mid: 1.7675

27

Open: 1.7665

Close: 1.7790

Mid: 1.7735

28

Open: 1.7790

Close: 1.7781

Mid: 1.7754

29

Open: 1.7781

Close: 1.7874

Mid: 1.7826

30

December - 2024

SunMonTueWedThuFriSat
1
2

Open: 1.7809

Close: 1.7776

Mid: 1.7802

3

Open: 1.7776

Close: 1.7830

Mid: 1.7797

4

Open: 1.7829

Close: 1.7874

Mid: 1.7842

5

Open: 1.7874

Close: 1.7897

Mid: 1.7892

6

Open: 1.7897

Close: 1.8037

Mid: 1.7963

7
8
9

Open: 1.8025

Close: 1.8070

Mid: 1.8040

10

Open: 1.8069

Close: 1.8112

Mid: 1.8078

11

Open: 1.8112

Close: 1.8054

Mid: 1.8061

12

Open: 1.8054

Close: 1.8021

Mid: 1.8033

13

Open: 1.8021

Close: 1.7957

Mid: 1.7991

14
15
16

Open: 1.7960

Close: 1.8064

Mid: 1.8014

17

Open: 1.8064

Close: 1.8189

Mid: 1.8135

18

Open: 1.8190

Close: 1.8166

Mid: 1.8178

19

Open: 1.8166

Close: 1.8000

Mid: 1.8106

20

Open: 1.8001

Close: 1.8067

Mid: 1.8023

21
22
23

Open: 1.8056

Close: 1.8015

Mid: 1.8040

24

Open: 1.8015

Close: 1.8020

Mid: 1.8016

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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