Someone, Somewhere, Will Always Need Cash – Even in the Middle of a Pandemic!

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Someone, Somewhere, Will Always Need Cash – Even in the Middle of a Pandemic!

The cv-19 pandemic has affected just about every type of company in some way or another. In Europe, the Interchange foreign currency exchange business, which is primarily focused on airports and tourist destinations, has nearly been brought to a standstill, and the same applies in the US and Australia, both of which have been heavily affected. Africa, however, is a bit of a different story, as whilst many countries have been in strict lockdown, the inability for people to travel… [Read More →]

Blog 06/09/2020

The importance of having enough travel cash

Travelling without cash money? Better always take enough local currency with you, as usually it is easier to pay small amounts such as taxis, souvenirs or drinks in cash. Often it is even stated: Sorry, cash only – no credit cards! Moreover, how do you tip rewarding outstanding services in all inclusive resorts? And what to do, if your credit and ATM cards don´t work or are stolen? Therefore, don’t forget to change enough cash before travelling and you will… [Read More →]

Blog 10/03/2020

TIPS FOR THE HOLIDAYS!

During a recent piece of Interchange market research, we were quite surprised to find that one of our biggest customer groups is the 18-25 year-olds – despite them being the generation that are most likely to make purchases online and will use their mobile phones for payments and so on when they can, many of them stated that they are always conscious of the need to stay within a budget, especially when travelling. And the way to ensure that they… [Read More →]

Blog 11/12/2019

Skimming and Scams: How to prevent becoming a victim of fraud whilst travelling

As a foreign visitor, you are often seen as an easy target for fraudsters. Since you are likely to be unfamiliar with the area, the local customs and the currency and may not speak the local language, so are unable to react quickly if something happens. Plus you may be carrying quite a lot of money and plastic cards with you and be willing to spend a reasonable amount on sightseeing, restaurants, bars or shopping. When abroad, even the savviest… [Read More →]

Blog 12/08/2019

Getting ready for the holidays? Here are a few tips on safely changing money abroad:

At this time of year, everyone’s thoughts turn to their holidays. Travelling is a great way to discover new places, meet interesting people, and have a chance to truly relax. The last thing you want to happen, therefore, is to fall victim to a fraud attempt, especially when you are unfamiliar with a country and its currency, and you may be carrying more cash than usual since you will need it for sightseeing, restaurants, bars or shopping. When you are… [Read More →]

Blog 03/07/2019

We do more for travellers

Currency exchange
Western Union money transfers
ATMs
Order currency online
Cash advances
VAT refunds
Travellers cheques
Range of exotic currency
Full Airport Service
Corporate Solutions

News

Interchange and Covid-19

The Covid-19 Pandemic has had a profound effect on all travel related businesses. In particular, with border closures, the airport business has been greatly reduced and passenger numbers have, in many cases, been in low single digits as a percentage of 2019 levels. In March 2020 Interchange acted on the basis that the slump would be both prolonged and severe. This resulted in an immediate and substantial reduction in staff numbers, which was a personal and difficult process for the… [Read More →]

News

Interchange & ZamPost 21st century remittance coverage across a nation

Interchange’s Joint Venture with the Zambian Post Office – ZamPost – has opened its first location in the bustling Cairo Road Post Office in Lusaka, the capital of Zambia. There has been an immediate and encouraging demand for its Western Union service. The money transfer service will now be rolled out to 9 additional post offices in the Capital – Lumumba Road, Freedom Way, UNZA, UTH, National Assembly, Northmead, Chelstone, Ridgeway and Woodlands. Over a 100 regional ZamPost branches will… [Read More →]

News

Interchange enters into a joint venture with ZamPost – the Zambian Postal Services Corporation

23rd June, 2020: Interchange Africa announces today that it has entered into a joint venture to manage the Money Transfer Services of the Zambian Postal Services Corporation (‘ZamPost’). This new relationship follows on from its successful cooperation with NIPOST in Nigeria The planned service enhancement is for foreign exchange services to also be provided at Livingstone International and Kenneth Kaunda International airports. In these times of the Covid-19 Pandemic it is more essential than ever to provide reliable, fast, and… [Read More →]

News

Interchange expands its African management

The former Regional Vice President, Western Union, Southern, Eastern and Anglophone West Africa, Richard Malcolm has joined the fast-expanding Interchange Africa operations. Richard has unrivalled experience across the Continent, one of the fastest growing regions of the world. More than 30 million Africans live abroad and remit billions of dollars home every year. For more information click here.

News

Interchange offers Western Union Money Transfers with Nigerian Post Office, NIPOST

INTERCHANGE has signed a Tripartite Agreement with NIPOST and WESTERN UNION to offer money transfer services for the Nigerian postal services network. NIPOST has more than 5,000 employees and 1,200 post offices serving the country’s 200 million citizens. It is Nigeria’s largest retail service. Western Union is a global leader in cross-border, cross-currency money movement and payments, with a large network of retail agent locations in more than 200 countries and territories. Talking about this new operation, the Managing Director… [Read More →]

Someone, Somewhere, Will Always Need Cash – Even in the Middle of a Pandemic!

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