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About Currency Exchange International, Corp

Currency Exchange International, Corp. is a publicly traded company on the Toronto Stock Exchange (CXI) and OTC (CURN). CXI provides a wide range of foreign exchange services to customers in both the United States and in Canada. CXI’s primary business channels to service customers are through its company-owned branch locations and foreign exchange partnerships with financial institutions and corporations. Services include foreign currency exchange, traveler’s cheques, multi-currency prepaid cards, foreign check clearing, issuing foreign bank drafts, and international wire transfers.

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CXI Owned Branches

  • Service walk-up customers: individuals, groups, companies and corporations.
  • Located in popular regional shopping centers, malls, or embedded within bank branches.
  • Offers foreign currency exchange for banknotes, U.S. and foreign traveler's cheques, sells gold bullion gold coins and bars*, and issues multi-currency Cash Passport prepaid cards*.
*At specified locations
 
 

CXI Relationships

  • Service financial institutions, money service businesses and corporations.
  • Deal directly with CXI operations team and are serviced through one of the company's regional vault facilities.
  • Offers foreign currency exchange services such as banknotes, U.S. and foreign traveler's cheques and inventory on consignment, and international payment services such as international wire transfers, Global EFT, issuing foreign drafts and clearing foreign check items.
 
Providing a high level of customer service is the utmost priority for all CXI services. All employees are trained to deliver a "best in class" experience for all clients.

Company Goals

CXI’s primary goal is to create mutually beneficial relationships, while providing superior service and generating value for its customers. As one of the largest wholesale suppliers of foreign exchange services for financial institutions and corporations, CXI works hand-in-hand with companies to develop service model that best suits each unique company's need. Finding a custom solution for foreign currency exchange and international payments helps derive the most value out of CXI's services. As a trusted retail foreign currency company, we know the industry that can have a negative connotation developed by consumers dealing with high priced airport exchanges and shady "casa de cambios". CXI is here to revolutionize the industry with its dedication to providing a fair exchange rate and world-class customer service.

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North America's Leading Foreign Currency Provider

CEIFX software icon

CEIFX - Customizable Proprietary FX System

Compliance Verification System (CVS) icon

Advanced Compliance Verification System

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Highly Rated Client Care and Support Team

CXI’s web-based software platform, CEIFX, helps the company achieve its goals every day. CEIFX is widely considered as an industry leading software for foreign currency exchange. The proprietary software accommodates all of CXI's services in an intuitive platform providing an easy to use foreign currency exchange and international payments system. While CEIFX is highly regarded for its use on the frontline of transactions, at its core is the CVS (Compliance Verification System) engine. With the software built around the compliance core, it's easy for all users to remain in compliance with foreign exchange regulations within their country. The software is utilized at CXI's branches and through the company's wholesale customer's network such as hundreds of financial institutions and other corporations. CEIFX provides a customizable platform for a myriad of customer deployment needs, giving wholesale customers instant access to all of CXI's services at no cost to all qualified wholesale customers.

Read More About CXI's Software CEIFX


CXI Corporate Citizenship

Corporate Citizenship: CXI Cares

CXI not only strives to bring superior foreign exchange services to the communities it works in, but also support local charities and organizations. Every year, CXI and it’s employees participate in many charitable events and programs to build relationships and make a lasting impact within these areas.

Kids Beating Cancer Heal The Bay Orlando Strong 5k Be The Match Wounded Warrior Project JDRF NYC Marathon Ontario 5k-10k Paws for Veterans TourdeCure

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.

History of CXI

Established in 1998, CXI now owns and operates more than 35 retail branch locations nationwide, with regional facilities in major metropolitan and highly active tourist areas such as Boston, Denver, Honolulu, Los Angeles, Miami, New York City, Orlando, San Diego, San Francisco, Seattle, and Washington D.C.. As well, the company has more than 900 financial institutions and corporations utilizing CXI as their provider for foreign currency services in Canada and the United States. CXI has shown significant growth since its inception through its excellent service, pricing and use of advanced technology to facilitate all transactions.

2007
  • CXI, under Randolph Pinna, purchases the retail branches of Foreign Currency Exchange Corp. from the Bank of Ireland Group.

 

  • Company-owned branches include eight retail locations and over the next nine years, CXI adds an additional 32 wholly-owned branches.

 

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

 

  • 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.

 

  • CXI commences services for financial institutions, allowing its partnerships with banks and credit unions to grow rapidly.

 

  • 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.

 

  • 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.

 

  • CXI acquires certain assets of U.S. Exchange House, Inc. pertaining to the wholesale banknote operations located in the U.S. and Canada. Using some of these resources, CXI moves its California vault to Los Angeles expanding its operation capacity.
 
 
  • Exchange Bank of Canada is accepted for SWIFT membership, the world's leading provider of secure financial messaging services, expanding its global payment capabilities.
2017
  • At 2016 fiscal year-end, CXI exchanges more than USD $2.1 billion worth of currency, has USD $62.2 million in assets and services more than 928 companies at 13,500+ transacting locations.