1 APRIL 2013
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Gatwick has a new sole foreign exchange provider at Gatwick following a formal tender process. After 20 years at the airport this new deal secures Moneycorp’s future for a further five years. Out goes Travelex and no doubt the exclusive scheme will be closely monitored by consumer groups to hopefully ensure competitive rates. The airport says that 10% of passengers use the Bureau de Change units and ATMs.
Moneycorp will now double the size of its operation at Gatwick, increasing the number of foreign exchange bureaux in the airport’s North and South terminals from 9 to 18. The number of ATMs, which dispense Sterling cash and foreign currency notes, will increase to around 40.
More than 200 staff will manage the expanded network of bureaux across both terminals, which will provide foreign exchange services 24 hours a day, seven days a week to the 33m passengers who travel through Gatwick Airport annually. www.moneycorp.com
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