About Currency Exchange International

Currency Exchange International, CXI, is a leading provider of comprehensive foreign exchange services, risk management solutions, and integrated international payments processing technology in North America. CXI’s relationship-driven approach ensures clients receive tailored solutions and world-class customer service. Through innovative and trusted FX software platforms, CXI delivers versatile foreign exchange services to our clients, so that they can efficiently manage and streamline their foreign currency and global payment needs. CXI is a trusted partner among financial institutions, corporations, and retail markets around the world.

CXI was founded in 1998 and has over 30 retail branch locations in the US offering convenient foreign currency exchange services to walk-up clients. For corporations and financial institutions, CXI is a services and technology provider of foreign currency exchange, international payments, foreign check clearing, and issuing foreign currency bank drafts.

What makes CXI different?

North American Money

North America’s Leading Foreign Currency Provider

Customizable FX System

CEIFX - Customizable Proprietary FX System

CVS Compliance System

Advanced Compliance Verification System

Client Care and Support Team

Highly Rated Client Care and Support Team

Innovative FX Services and Technology Provider

Expansive Platform Integrations

Experienced Foreign Currency Specialists

Publicly Traded International Bank Group

Company Quick Facts

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CXI is a publicly traded company on the Toronto Stock Exchange (CXI) and OTC (CURN)
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More than 1,400 financial institutions and corporations utilize CXI as their provider for foreign currency services in Canada and the United States
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CXI’s headquarters is located in Orlando, Florida
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CXI’s subsidiary, Exchange Bank of Canada, provides foreign exchange services in Canada
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Owns and operates more than 30 retail branch locations at regional facilities in major metropolitan and highly active tourist areas such as Boston, Chicago, Denver, Honolulu, Los Angeles, Miami, New York, Orlando, San Diego, San Francisco, Seattle, and Washington D.C.
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Our branches offer foreign currency exchange for banknotes, cash US and foreign traveler’s cheques, sell gold bullion coins and bars*, and issue multi-currency Cash Passport prepaid cards*
*At specified locations
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95%+ customer satisfaction rating
 

Our Goals: Why We Do What We Do

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OUR MISSION

Make foreign exchange simple and secure by combining technology, industry expertise, and highly personal service.

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OUR VISION

Be the preferred financial services provider of foreign exchange solutions tailored to client needs.

OUR VALUES

We help our clients identify and create foreign exchange solutions, delivering a best practices approach through unparalleled customer service and integrated technology to create significant financial and operational efficiencies.

Customer First

We earn the right to be our clients’ first
choice.

Integrity

We hold ourselves to the highest standard
to build trust.

Collaborative

We always win as a team.

Innovative

We find new methods to deliver change
and advance technology to the industry.

Passionate

We are driven to be the best in class.

In Our Community

Every year, CXI and our employees participate in local charitable events and programs. These are a few local charities and organizations we’ve worked with.


UCF Orlando Strong 5k
TCS Marathon
Paws for Veteran
Wounded Warrior
Be the Match Walk Run

CXI is not a sponsor or affiliated with any organization listed. CXI and its employees make donations or volunteer independently. All product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only.

Our History

Since 1998, CXI has significantly grown through excellent service, pricing, and the use of advanced technology.

2019

  • CXI launches its international payments integration with WireXchange®, a wire-transfer solution from financial services technology provider Fiserv. The integration provides financial institutions with enhanced automation through an efficient end-to-end payment process that is supported by an experienced foreign exchange specialist.

  • CXI launches CXI FX Now platform which provides faster and clearer global payment management for organizations moving money around the world.

  • CXI acquires eZforex.com, Inc. a Longview, Texas-based privately held foreign currency and technology business, which has wholesale banknote financial institution customers located throughout the United States.

  • CXI enters into an exclusive relationship with Duty Free Americas, Inc. (“DFA”). As the first phase of this new strategic relationship, DFA will operate as an agent of CXI at more than 30 of DFA’s retail stores located on the United States and Canadian border.

  • CXI owns and operates 46 branch locations.

2018

  • At 2018 fiscal year end, CXI exchanges more than USD $4.2 billion worth of currency, has more than USD $73 million in assets, and services 1,337 companies at 17,000+ transacting locations.

  • CXI launches its Digital Remote Deposit Service for Canadian Checks, increasing accuracy, security, and transmission times for US financial institutions.

  • CXI launches Online FX, a website allowing consumers to reserve foreign currency online and pick it up at their local branch.

2017

  • Exchange Bank of Canada is accepted for SWIFT membership, the world’s leading provider of secure financial messaging services, expanding its global payment capabilities.

  • CXI establishes its corporate payments trading desk, providing live trading support, currency market analysis, and FX strategies.

  • CXI expands its payments APIs for its cross-border payments solution for financial institutions, enhancing workflow automation and facilitating efficient end-to-end transactions with The Pathfinder Groups and its Wire Transfer System (WITS).

2016

  • Expiration of the Regulation S restriction removed from CXI.S Common Shares — now trades as CXI on the TSX.

  • 98% of Common Share Purchase Warrants and Broker Compensation Units are exercised for a total gross proceeds of CDN $11.3 million.

  • In September 2016, the Minister of Finance in Canada approves the continuance of Currency Exchange International of Canada Corp. as “Exchange Bank of Canada” in English and “Banque de change du Canada” in French.

  • CXI services 25% of the top 20 banks (in asset size) in the US.

2013 - 2015

  • CXI group surpasses servicing 10,000 transacting locations and is a provider for national financial institutions in the US and Canada.

  • CXI acquires certain assets of US Exchange House, Inc. pertaining to the wholesale banknote operations located in the US and Canada. Using some of these resources, CXI moves its California vault to Los Angeles expanding its operation capacity.

  • CXI’s West Coast vault in California moves to Los Angeles, increasing service capacity and operational support.

2010 - 2012

  • CXI commences services for financial institutions, allowing its wholesale partnerships to grow rapidly.

  • CXI establishes regional vaults for a total of three vaults in the U.S. its main currency processing center in Miami, Florida and regional vaults in New York and California.

  • Currency Exchange International of Canada Corp. opens for business and establishes the Toronto vault.

  • CXI completes its Initial Public Offering (IPO) on the Toronto Stock Exchange (TSX).

  • Currency Exchange International of Canada Corp. files application to continue as a new Schedule 1 Bank in Canada.

2007 - 2009

  • CXI, under President and CEO Randolph Pinna, purchases the retail branches of Foreign Currency Exchange Corp. from the Bank of Ireland Group.

  • Company-owned branches include eight retail locations.

  • CXI launches its proprietary, web-based foreign currency software solution, CEIFX.

  • CXI focuses on establishing its backend processes for wholesale operations while growing retail operations.

2019

  • CXI launches its international payments integration with WireXchange®, a wire-transfer solution from financial services technology provider Fiserv. The integration provides financial institutions with enhanced automation through an efficient end-to-end payment process that is supported by an experienced foreign exchange specialist.

  • CXI launches CXI FX Now platform which provides faster and clearer global payment management for organizations moving money around the world.

  • CXI acquires eZforex.com, Inc. a Longview, Texas-based privately held foreign currency and technology business, which has wholesale banknote financial institution customers located throughout the United States.

  • CXI enters into an exclusive relationship with Duty Free Americas, Inc. (“DFA”). As the first phase of this new strategic relationship, DFA will operate as an agent of CXI at more than 30 of DFA’s retail stores located on the United States and Canadian border.

  • CXI owns and operates 46 branch locations.

2018

  • At 2018 fiscal year end, CXI exchanges more than USD $4.2 billion worth of currency, has more than USD $73 million in assets, and services 1,337 companies at 17,000+ transacting locations.

  • CXI launches its Digital Remote Deposit Service for Canadian Checks, increasing accuracy, security, and transmission times for US financial institutions.

  • CXI launches Online FX, a website allowing consumers to reserve foreign currency online and pick it up at their local branch.

2017

  • Exchange Bank of Canada is accepted for SWIFT membership, the world’s leading provider of secure financial messaging services, expanding its global payment capabilities.

  • CXI establishes its corporate payments trading desk, providing live trading support, currency market analysis, and FX strategies.

  • CXI expands its payments APIs for its cross-border payments solution for financial institutions, enhancing workflow automation and facilitating efficient end-to-end transactions with The Pathfinder Groups and its Wire Transfer System (WITS).

2016

  • Expiration of the Regulation S restriction removed from CXI.S Common Shares — now trades as CXI on the TSX.

  • 98% of Common Share Purchase Warrants and Broker Compensation Units are exercised for a total gross proceeds of CDN $11.3 million.

  • In September 2016, the Minister of Finance in Canada approves the continuance of Currency Exchange International of Canada Corp. as “Exchange Bank of Canada” in English and “Banque de change du Canada” in French.

  • CXI services 25% of the top 20 banks (in asset size) in the US.

2013 - 2015

  • CXI group surpasses servicing 10,000 transacting locations and is a provider for national financial institutions in the US and Canada.

  • CXI acquires certain assets of US Exchange House, Inc. pertaining to the wholesale banknote operations located in the US and Canada. Using some of these resources, CXI moves its California vault to Los Angeles expanding its operation capacity.

  • CXI’s West Coast vault in California moves to Los Angeles, increasing service capacity and operational support.

2010 - 2012

  • CXI commences services for financial institutions, allowing its wholesale partnerships to grow rapidly.

  • CXI establishes regional vaults for a total of three vaults in the U.S. its main currency processing center in Miami, Florida and regional vaults in New York and California.

  • Currency Exchange International of Canada Corp. opens for business and establishes the Toronto vault.

  • CXI completes its Initial Public Offering (IPO) on the Toronto Stock Exchange (TSX).

  • Currency Exchange International of Canada Corp. files application to continue as a new Schedule 1 Bank in Canada.

2007 - 2009

  • CXI, under President and CEO Randolph Pinna, purchases the retail branches of Foreign Currency Exchange Corp. from the Bank of Ireland Group.

  • Company-owned branches include eight retail locations.

  • CXI launches its proprietary, web-based foreign currency software solution, CEIFX.

  • CXI focuses on establishing its backend processes for wholesale operations while growing retail operations.