PROFILE
CXI Overview
Currency Exchange International was incorporated in Florida in 1998. Its primary business lines are retail and wholesale foreign exchange. Products include currency exchange, travelers’ checks, foreign check clearing, and international wire payments.
CXI services over 25 company owned retail branches, affiliate retail locations, and agent locations. Its corporate office is located in Orlando, Florida. CXI’s Miami office serves as the hub for CXI’s retail locations and all wholesale trading with pre-approved clients. CXI provides services to a variety of corporations, travel companies, Money Service Businesses and other hospitality related companies that have international trade or clientele.
The management team of CXI is a well rounded group of experienced international bankers primarily originating from Bank of Ireland's Foreign Currency Exchange Corp and Bank of New York. Subsequently, over 20 years of foreign exchange knowledge are brought to CXI's operations in North America.The Mission Statement of CXI is to continually establish shareholder value by providing excellent automated service and value to its diversified client base. It is the goal of CXI to increase the benefit for its employees, customers, consumers and communities by working with CXI over any previous FX relationship.
CXI History
Currency Exchange International was founded by Randolph W. Pinna who has overseen the business of CXI for over the last ten years while being the President and CEO of Foreign Currency Exchange Corp (FCE). Being one of the original founders of FCE, Mr. Pinna grew FCE's company from a small business into a publicly traded, multinational FX provider consisting of ten retail branch locations and well over 1,000 wholesale relationships. In 2003, FCE was acquired by Bank of Ireland Group under a friendly merger agreement.
After over four years of growing FCE for Bank of Ireland Group, Mr. Pinna acquired the retail operations away from FCE and formally launched Currency Exchange International as the Florida Corporation that would allow for growth of the retail division as well as the core wholesale operation.
Since the retail operations of CXI have been in existence nearly a dozen years, the business has developed many long term repeat clients due to CXI's reputation of having quality people providing exceptional service at highly competitive foreign exchange rates.