The No1 Currency Specialist Comes to Wakefield

Released on: October 20, 2008, 8:09 am

Press Release Author: No1 Currency

Industry: Small Business

Press Release Summary: "The downturn in the economy has not stopped holiday makers
from booking weekend breaks and short getaways, however value for money has never
been so imperative," said Mark McElney, "This new Bureau de Change outlet is
testament to the continuing expansion and market demand for our cost effective
currency exchange services."

Press Release Body: No1 Currency, the UK's fastest growing Foreign Currency
Specialist, celebrates the opening of its 250th Bureau de Change outlet in your
local Cheque Centre store at the Ridings Shopping Centre in Wakefield.

Established in 1996 with just 2 currency exchange outlets, No1 Currency has seen
rapid and continued growth in Scotland and the North of England, with further
expansions intended to continue into 2009.

The new outlet is located in the Cheque Centre store at 74 Kirkgate and will be
offering the most competitive currency exchange rates to Wakefield and its
surrounding areas.

No1 Currency is the only UK-based foreign currency specialist to use a unique
business model to grow its Bureau de Change network; as such it is able to offer
considerably better currency rates than its high street competitors.

Managing Director of No1 Currency, Mark McElney, said, "We are the only foreign
exchange service to use a unique Bureau de Change model. By working with Cheque
Centre branches we are able reduce expenditures on overheads and set up costs. We
pass this saving onto our customers."

The Wakefield Cheque Centre manager said, "Along with No1 Currency we are able to
provide our customers with the full financial solution and offering the best
currency exchange rate on the high street."

The launch of the Wakefield outlet comes at a time when there is much uncertainty in
the UK holiday market, yet despite the current economic climate, Cheque Centre and
No1 Currency has gone from strength to strength.

"The downturn in the economy has not stopped holiday makers from booking weekend
breaks and short getaways, however value for money has never been so imperative,"
said Mark McElney, "This new Bureau de Change outlet is testament to the continuing
expansion and market demand for our cost effective currency exchange services."

"With our unique business model, 0% commission and the most competitive exchange
rates in the marketplace, we continue to offer better rates than our competitors. By
using this new currency exchange service at Cheque Centre our customers are able to
make their holiday money and currency transfers stretch that little bit further."

It seems that with the use of travellers' cheques diminishing, and banks continuing
to offer poor exchange rates alongside high commission fees as well as the soaring
charges to make withdrawals from overseas ATMs, getting cash before you go is an
essential item on the holiday check list.

Shopping around on your local high street and comparing currency rates could save up
to EUR25 on a GBP450 exchange. The average holiday maker takes around GBP450 in cash for a
week's holiday to the continent. With an exchange rate* of EUR1.245 to the Pound, No1
Currency customers get EUR560.25 for their holiday money. This beats the likes of the
Post Office (EUR535.50) and M&S Money (EUR555.75)*.

No.1 Currency operates 250 Bureau de Change outlets in through the UK, from
Inverness to the Brighton. These outlets can be found in all major cities and towns,
to find your nearest branch please visit
http://www.no1currency.com/bureau-de-change/store-loc.asp

For more information visit:
http://www.no1currency.com/

http://no1currencypresscentre.blogspot.com/


ENDS

Issued on behalf of No.1 Currency by LLLink at Forth House, 5 Johns Place, EH6 7EL.
Contact Emma Sykes on (0131) 561 8416 or emma@lllink.co.uk


Notes to Editor

*Rate correct on 15/10/08. Monthly average Currency Rates can be viewed at:
http://www.no1currency.com/bureau-de-change/rates.asp

Founded in 1996, Edinburgh-based No.1 Currency is the UK's fastest growing
independent foreign currency specialist.

No.1 Currency is accessible to all, providing safe and secure worldwide money
transfers for individuals and corporate clients, as well as competitive Bureau de
Change services.

No.1 Currency Bureau de Change is one of the largest chains of bureaux in the UK,
with 250 outlets across the UK offering 0% commission on currency exchanges.

This franchised Bureau de Change services can be found in Cheque Centre, Cash
Generator and Barrhead Travel stores throughout the UK.

Visit www.no1currency.com for more information.


Web Site: http://www.no1currency.com/

Contact Details: Issued on behalf of No.1 Currency by LLLink at Forth House, 5 Johns
Place, EH6 7EL.
Contact Emma Sykes on (0131) 561 8416 or emma@lllink.co.uk

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