Moneycorp

Moneycorp is the second-largest foreign exchange broker in the UK. It serves 2.8 million customers and trades more than £11 billion in currencies per year, and is the only ISO-certified organisation in its industry sector. Incorporated in 1962, the company started dealing foreign exchange in 1979 and is structured into three trading divisions: Bureau de Change, Commercial Foreign Exchange (CFX) and Wholesale Banknotes. The company has 600 employees and is headquartered at 2 Sloane Street in Knightsbridge, London.

Trading Divisions

Bureau de Change
Moneycorp obtained a licence from the Bank of England to operate bureaux de change in Central London in April 1979. The company operates 27 bureaux de change in total, located in Central London, Stansted Airport, London Gatwick Airport, and Southampton Airport.

Commercial Foreign Exchange (CFX)
Established in 1999, the CFX division provides foreign exchange to businesses and individuals, with spot and forward currency delivery, currency options and priority worldwide payments. The main CFX trading floor is located at 100 Brompton Road, and a further office is based in Victoria.

Wholesale Banknotes
The Wholesale Banknotes division provides foreign currency and sterling to businesses and FX providers in the London area. Clients are split across several categories, including: banks, bureaux de change, government bodies, high-street retailers, money transfer businesses and corporate clients.

Specialties

FX Trading, Financial Risk Management, Payment Solutions e.g GPS, Travel Money