Suvarna Garge (Editor)

ChangeGroup

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Industry
  
Foreign Exchange

Headquarters
  
London, United Kingdom

Number of employees
  
600

Website
  
www.changegroup.com

Founded
  
15 May 1992

Type of business
  
Private

ChangeGroup wwwchangegroupcomcorpimagesallbranches240jpg

Key people
  
Sacha Zackariya, CEO Mohammed Zackariya-Marikar, Chairman Bette Zackariya, Group Director

Founders
  
Bette Zackariya, Zackariya Marikar, Sacha Alexander Zackariya

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.

Contents

History

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

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

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.

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") and the Los Angeles Times ("the worst deal of my London experiment").

References

ChangeGroup Wikipedia