Currency Exchange Partner Opportunities
Partnership Opportunities in Currency Exchange
No1 Currency’s unique partnership model offers progressive businesses a lucrative new revenue stream when they become one of our dedicated partners.
How would a Currency Exchange be good for my business?
Joining a growing network of over 200 currency exchange partners will give you the opportunity to cross-sell within your existing business, whilst expanding into a brand new market, backed by all the industry knowledge and support No1 Currency offers.
No prior Bureau de Change/FX experience is needed to become a partner, as No1 Currency will handle all your training and compliance with the added advantage of access to industry knowledge, support and expertise of No1 Currency.
What businesses benefit from adding a Currency Exchange?
Travel Agents, Credit Unions, Jewellers, Pawn Brokers, Tourist Information Centres and Pharmacies are just some of the many businesses that have seen their expansion rewarded with additional revenues of, on average, £500 per month with commission sharing. Businesses based in a high footfall area can expect significantly more than that.
Will a Currency Exchange drive more business?
Our popular and easy-to-use Click & Collect Service has been proven to drive footfall, as customers order their currency online and visit your business to collect. This service allows customers the ability to reserve any of our 50+ currencies available and collect from their closest No1 Currency partner.
Who uses Currency Exchange?
Actually, the vast majority of us. Independent research has found that 85% of UK travellers still carry cash abroad, a number that’s set to increase significantly over the next 3 years as holiday makers and business traveller’s journey farther afield, with greater regularity.
There really has never been a better time to expand into the foreign exchange business.
Who is No1 Currency?
The No1 Currency Partnership Programme is the UK’s only bespoke, fully managed Currency Exchange solution and has a proven track record of over 19 years’ operational expertise working with over 450 current partners.
We deal in over 50 currencies, offering market-leading FX rates automatically updated on a daily basis.
We operate a fully HMRC Compliant retail trading system, full stock/CIT management with AML monitoring and training provided.
Operational support is available for our partners 7 days a week, as well as:
- Expert industry knowledge
- Competitive currency rates
- Transparent pricing
- Stock management
- Monthly commission paid
- Shared profits
- Bespoke software
- System training
- Marketing collateral
How do I become a partner?
Those wishing to join the No1 Currency network can do so within weeks but must hold a business bank account based in the UK.
More information is available by getting in touch with us here.
No1 Currency is part of the FEXCO Group and is the only UK based company to offer a fully serviced Bureau de Change partnership. FEXCO is Ireland‘s most successful multinational finance and business solutions provider, with operations in 33 countries worldwide. Founded and headquartered in Ireland in 1981, FEXCO employs more than 2000 people across Europe, the Middle East, Asia, North America, Latin America and Australasia and has enjoyed over 30 years of uninterrupted growth.
Becoming a foreign currency partner
Our partnership model offers the opportunity to utilise the industry knowledge, support and expertise within No.1 Currency