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From 15 stores to 50 in three years – Westfield opening marks milestone for fast-growing foreign exchange retailer No1 Currency

One of the UK’s fastest growing foreign exchange retailers, No1 Currency, has crowned a period of rapid expansion by opening its 50th store in the Westfield Shopping Centre in Stratford.

When the No1 Currency brand was purchased by its Irish parent company Fexco in 2012, it had 15 stores. In just three years it has added a further 35 locations to its portfolio. It now employs more than 200 people and expects to hire another 50 as it opens further stores across the UK.

No1 Currency now handles one in 50 of all travel money purchases in the UK and this year will see sales of foreign currency exceed £0.5billion encompassing over two million transactions since its acquisition by Fexco. (more…)

No1 Currency opens first foreign exchange store in Bolton creating three jobs

One of the UK’s leading travel money retailers No1 Currency has opened a new foreign exchange store creating three new jobs at Crompton Place shopping centre in Bolton.

Shoppers getting ready for their summer holidays now have a choice of over 50 different foreign currencies at the store, which will serve not just the 279,000 residents in the town, but also the thriving local business community.
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City of London Corporation Partners with Travel Money Specialist No1 Currency

London, 17th June 2015 — City of London Corporation has launched a partnership with travel money specialist No.1 Currency, to provide foreign exchange services to visitors to the City Information Centre (CIC), located at St Paul’s Churchyard, EC4M 8BX, next to St Paul’s Cathedral. This is the first time the City of London Corporation has partnered with a foreign exchange company.

The City Information Centre, which is owned and run by the City of London Corporation, is located on a prime tourist route, between St. Paul’s Cathedral and Millennium Bridge. Around 400,000 people visit the CIC every year, and it is the only officially recognised tourist information centre in central London.

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Greece holiday warning – could you be left stranded with no money abroad?

A real threat could leave anyone on holiday in Greece with no cash machine access, card payments blocked and wire transfers declined.

Greece faces looming debt deadlines, its politicians are playing a game of brinkmanship and it COULD end up exiting the euro.

if Greece does quit the euro? Simon Phillips, from travel money specialist No.1 Currency, said there will probably be a transition period where euros are still accepted: “This means that if you have a holiday booked to Greece this summer, you shouldn’t be affected by a currency changeover.”

Read the full article here

No1 Currency Compares the Cost of the Most Popular Global Festivals

California’s Coachella is the world’s most expensive music festival, while Exit in Serbia is the best place to go for a low-cost party, according to a comparison of costs at the world’s biggest festivals

With the festival season is approaching, those still deciding where to party this summer may want to consider the dramatic difference in cost between the world’s top music events.

The data was collated by travel money site No.1 Currency , which compared the cost of the most popular festivals across the globe, factoring in tickets, accommodation, food and drinks in order to assess the daily and total costs of a trip.

Click here to read the full article

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