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Fexco News & Insights

GTOC partners with foreign currency specialists Fexco and No1 Currency

13 Jan 2015
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GTOC, the consortium of five established UK Golf Tour Operators and Europe’s Largest Independent Golf Travel Group, is delighted to announce a new partnership agreement with Fexco, a leading provider of commercial foreign exchange services, and it’s retail operation No1 Currency. Fexco and No1 Currency will be the official providers of foreign currency services to GTOC.

Speaking about today’s announcement, Fexco’s MD of Foreign Exchange Services, Joe Redmond, said; “Today’s announcement represents an important partnership for Fexco and GTOC. As a leading provider of Foreign Exchange Services, Fexco can provide the GTOC Tour Operators with specialist commercial foreign exchange services, such as spot and forward options, to ensure that they are getting the best value for their money when dealing with FX risk management and cross border payment arrangements. For all GTOC clients requiring travel money for their golf holidays, this partnership with No1 Currency will ensure they get the widest range of currencies with no commission charged, and, with our innovative new Click & Collect and Click & Sell services, it couldn’t be easier for golfers to order their currency online and collect it from any No1 Currency outlet, or at any of our 160 affiliates located across the UK.”

Paul Cowgill, Chairman of GTOC Ltd, commented; “We are extremely pleased to confirm Fexco and No1 Currency as our official Foreign Exchange Services Partners. Purchasing foreign currency is an important element to any golf holiday abroad and with Fexco now on board this will ensure all GTOC Tour Operator clients receive the very best currency rates possible and fantastic customer service. It’s superb news that our golf travellers can now order their travel money online via any of our GTOC members and then collect it at numerous stores across the UK.”

Fexco has been operating as the primary specialist provider of Commercial Foreign Exchange services to SMEs, mid corporates, large corporates and government bodies for nearly twenty years. Its No1 Currency retail operation is a leading provider of foreign currency in the UK and is currently undergoing a major expansion which will result in 40 stores located nationwide.

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