The ferric binding protein, FbpA, has been demonstrated to facilitate the transport of naked Fe 3+ across the periplasmic space of several gram-negative bacteria. The sequestration of iron by FbpA is facilitated by the presence of a synergistic anion, such as phosphate or sulfate. Here we report the sequestration of Fe 3+ by FbpA in the presence of sulfate, at an assumed periplasmic pH of 6.5 to form FeFbpA-SO 4 with K′ eff = 1.7 × 10 16 M −1 (at 20°C, 50 mM MES, 200 mM KCl). The iron affinity of the FeFbpA-SO 4 protein assembly is two orders of magnitude lower than when bound with phosphate and is the lowest of any of the FeFbpA-X assemblies yet reported. Iron reduction at the cytosolic membrane receptor may be an essential aspect of the periplasmic iron transport process and with an E 1/2 of −158 mV (NHE), FeFbpA-SO 4 is the most easily reduced of all FeFbpA-X assemblies yet studied. The variation of FeFbpA-X assembly stability (K′ eff ) and ease of reduction (E 1/2 ) with differing synergistic anions X n− are correlated over a range of 14 kJ, suggesting that the variations in redox potentials are due to stabilization of Fe 3+ in FeFbpA-X by X n− . Anion promiscuity of FbpA in the diverse composition of the periplasmic space is illustrated by the ex vivo exchange kinetics of FeFbpA-SO 4 with phosphate and arsenate, with first order kinetics with respect to FeFbpA-SO 4 (k = 30 s −1 ) at pH 6.5, independent of entering anion concentration and identity. Anion lability and influence on the iron affinity and reduction potential for FeFbpA-X support the hypothesis that synergistic anion exchange may be an important regulator in iron delivery to the cytosol. This structural and thermodynamic analysis of anion binding in FeFbpA-X provides additional insight into anion promiscuity and importance.