no1 currency News

As Mark McElney points out, “The current lack of trust among the UK’s banking sector has stimulated an increasing number of individuals and businesses to look for alternatives when they buy their foreign currency.”

“At No1 Currency we pride ourselves on not only offering the best exchange rates but with nearly 300 outlets nationwide we can be found on nearly every high street in the UK, making No1 Currency the most convenient choice,"

The UK has a long history of emigration to Australia and Elmvia Australia are really excited to be hosting this recruitment event with No1 Currency in Glasgow on Friday,”

MD of No1 Currency, Mark McElney said, “our fully managed Bureau de Change franchise offers retail outlets the chance to expand and diversify their product range - grabbing a slice of this highly lucrative market, at a very low risk and cost.”

“In the last few months the pound has seen its most rapid fall in value,” said Mark McElney of No1 Currency, “coupled with the slowdown in consumer spending, ensuring the best exchange rates has never been so imperative.”

The launch of the new Greenock outlet comes at a time when there is much uncertainty in the Scottish holiday market, yet despite the current economic climate, Cash Generator and No1 Currency have gone from strength to strength.

We are the only foreign exchange service to use a unique Bureau de Change model. By working with Cheque Centre branches we are able reduce expenditures on overheads and set up costs. We pass this saving onto our customers.

A forward contract is an agreement that enables you to lock into a favourable rate for up to two years before you need to transfer your savings. Essentially, this means you are able to buy your currency now and pay for it up to 24 months later

“This years Travel Convention has highlighted the need for the industry to adapt and diversify inline with the changing needs of the market. Offering the highest quality and best value in services is essential for instilling consumer confidence.”

The downturn in the economy has not stopped holiday makers from booking weekend breaks and short getaways. This new Bureau de Change outlet is testament to the continuing expansion and market demand for our cost effective currency exchange services

To maximize your currency exchange, it is important to contact a Foreign Currency Specialist such as No1 Currency, at the start of your emigration planning.