Interchange Executive visits South African operation

News

Interchange Executive visits South African operation

The Interchange Management Executive visited Johannesburg in early December, not to escape the European winter, but to witness the Group’s rapidly growing Southern African operations. Managing Director, Adrian Coetzee is shown here with his colleagues in the Sunnypark Mall Branch in Pretoria where trialling of its new MTM capability is taking place. MTM will allow automated money transfer from more remote locations across the country. Local staff were delighted to meet many of the Group’s senior managers. The team were… [Read More →]

Group 15/12/2017

Interchange raises more than CZK 80,000 for the ‘People in Need‘ through its public collection boxes at Václav Havel Airport Prague

At the beginning of April, 2017, Interchange installed eight collection boxes at its various different exchange offices in Prague Airport enabling its customers to deposit any spare change that they had which, when the boxes were filled up, would go towards supporting disadvantaged children in the Czech Republic. The first counting of the cash collected was made in July, and the amount raised totalled CZK 42,196. With the boxes again filling up quickly, a second counting was made in September,… [Read More →]

Czech Republic 24/10/2017

Interchange has renewed the lease of its prime city centre branch in Vienna

The branch is on Vienna’s famous Stephansplatz and is located opposite the Stephansdom, one of the world’s tallest churches, and outside the metro entrance. It lies at the geographical centre of the city which attracts over 14 million visitors per year. Daniel Pajak, the Managing Director of Interchange in Austria, commented: “This secures our important trading position in the heart of the city, and our position as Austria’s largest retail foreign exchange specialist.”

Austria 02/10/2017

New foreign exchange office opened in Salzburg

Interchange Austria has opened a new foreign exchange office in Salzburg, one of Austria’s most popular tourist destinations. Apart from foreign exchange services, the new office office will provide tax refunds to international visitors. Interchange is one of the largest processors of tax refunds in Austria. Additionally money transfer services will be offered through its Western Union franchise in this high demand area. The opening marks Interchange’s return to Salzburg having acquired and for many years operated the former American Express branch… [Read More →]

Austria 12/09/2017

Interchange South Africa offers international payments through a unique service from a secure standalone terminal

Interchange South Africa has received regulatory consent to offer international payments through a unique service from a secure standalone terminal. Partnering with UBank, a specialised financial provider to the country’s gold and platinum industries serving mineworkers and their families for more than 40 years, Interchange will employ Western Union systems to enable customers to transact at their place of work. Initial services are being in the main mining centres of Rustenburg, Marikana, Notham,Carletonville, and Westonaria. Managing Director Adrian Coetzee commented “we… [Read More →]

South Africa 23/08/2017

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

A new branch in Budapest’s busiest traffic junction

Interchange won the tender conducted by the Budapest Transport company for the business premises located in Deák Square, the city’s busiest traffic junction. Deák Square, together with the neighbouring Erzsébet Square, is considered the heart of the capital, where the elegant Andrássy avenue and the modern luxury shopping street Fashion street start, from which Vörösmarty Square and Váci street are just steps away. The square is the hub of the city’s metro network, where Budapest’s 3 metro lines meet, the… [Read More →]

News

Interchange acquires retail operations of Western Union in France and Austria

Interchange, a leading provider of money transfer and foreign currency services, has acquired Western Union’s (WU) dedicated stores in Vienna, Paris, and in the principal regional cities of France. The acquisition involves 26 stores and approx. 150 people including one of the single busiest sites in WU’s worldwide network. The transfer of the Austrian stores was completed in November while the French stores are being progressively transferred. Alastair Holberton, CEO, commented: “This is a significant acquisition and reflects the strength… [Read More →]

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 →]

Interchange Executive visits South African operation

News