ChangeGroup

ChangeGroup
Private
Industry Foreign Exchange
Founded 1992
Headquarters London, United Kingdom
Key people
 Sacha Zackariya, CEO
Mohammed Zackariya-Marikar, Chairman
Bette Zackariya, Group Director
Number of employees
 600
Website www.changegroup.com

ChangeGroup is a UK-based retail foreign exchange and bureau de change company, headquartered in London. The company has 120 branches in airports, seaports and city centres globally, as well as an online currency exchange service. In 2014 it rolled out dynamic currency conversion (DCC) enabled and foreign currency dispensing ATMs.

History

The company was founded in 1992 by Mohammed Zackariya-Marikar. His son, Sacha Zackariya later took over as CEO.[1]

The venture capital group 3i Plc was a shareholder in the company for a time. [2]

In 2002, the company acquired the Estonian Monex network from Hansa Bank.

Reviews

A report by the Sunday Times found that ChangeGroup offered the best online exchange rates on euros when it conducted research in July 2011.[3]

In 2002, the company's high street offering was criticised by two newspapers comparing currency exchange rates, the Sunday Mirror (who described them as "worst on the High Street"[4]) and the Los Angeles Times ("the worst deal of my London experiment"[5]).

See also

References

  1. ↑ "2008 Top Track 250: The Change Group". Retrieved 2009-02-08.
  2. ↑ http://www.fasttrack.co.uk/fasttrack/leagues/dbDetails.asp?siteID=5&compID=1684&yr=2005
  3. ↑ Charles, James (10 July 2011). "Save £600 before you go on holiday". Sunday Times.
  4. ↑ Wright, Melanie (8 August 2004). "EUROWINNER". Sunday Mirror. Retrieved 2009-02-08.
  5. ↑ Gilden, James (12 May 2002). "Weigh the Options for a Fair Deal on Foreign Money". Los Angeles Times. Archived from the original on 2011-01-30. Retrieved 2009-02-08.
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