Eurochange

Eurochange is a British foreign-exchange and travel-money business headquartered in Stevenage. Founded in London in 1975, it provides customers with foreign currency for travel through a network of physical bureaux de change and home-delivery services. Its branches operate in high streets, shopping centres, and other retail locations across the United Kingdom, while its online channel extends the same travel-money proposition beyond the branch network. The company has operated under more than one name during its history. In 2000 it changed its name to FX Currency Services, before returning to the Eurochange name in 2011. This history reflects a business that has remained focused on consumer currency exchange while adapting its identity and distribution model over time. Eurochange became part of the portfolio of NoteMachine in 2014. NoteMachine was owned by Corsair Capital, an American financial-services investment firm. Under the NoteMachine and Corsair ownership period, Eurochange expanded its physical presence, reportedly adding locations at an average rate of about 30 per year. Examples cited in reference material include a Manchester Arndale outlet opened in 2015, followed by outlets at CastleCourt and The Pavilions in 2018. By 2023, the company operated more than 190 branches in the United Kingdom and handled more than 2.5 million customer transactions annually. Its core service is the purchase and sale of foreign currency. Eurochange offers more than 60 currencies, including major travel currencies such as the euro and United States dollar as well as currencies such as the Turkish lira. Customers can use its physical branches or order currency for delivery. The company also provides a travel-money buy-back service for unused foreign currency, subject to a stated fee and conversion terms. In addition, its offering includes a multi-currency prepaid debit card supplied through Mastercard’s Cash Passport brand. Eurochange also operates travel-money propositions for other brands. The reference material identifies ABTA Travel Money, Marks & Spencer Travel Money, and NatWest Travel Money among its branded or partner services. In December 2022, ABTA announced a partnership with Eurochange to launch ABTA Travel Money, described as the first foreign-exchange service to operate under the ABTA brand. The partnership broadened Eurochange’s role from operating its own bureaux de change to supporting a travel-industry brand’s travel-money proposition. The business has received industry recognition in the United Kingdom. It won the MoneyAge Travel Money Provider of the Year award in four consecutive years from the award’s creation in 2016 until the category was discontinued in 2019. A March 2022 comparison by Edinburgh Live placed Eurochange second for exchange rates on United States dollars and euros among five providers assessed in Edinburgh; this was a location-specific comparison rather than a company-wide performance measure. In October 2022, Corsair announced the sale of NoteMachine to Brink’s while retaining ownership of Eurochange. In 2025, Corsair sold Eurochange to Western Union, an American financial-services company. The transaction placed Eurochange under Western Union ownership while preserving its identity as a United Kingdom-focused retail foreign-exchange and travel-money brand.

Eurochange was founded in London in 1975 as a foreign-exchange business serving people who needed currency for international travel. Its historical identity changed in 2000, when the company adopted the name FX Currency Services. In 2011, it reverted to the Eurochange name, restoring the consumer-facing brand under which it is known today. A major ownership change took place in 2014, when Eurochange was acquired by NoteMachine, an ATM operator owned by Corsair Capital. The acquisition linked the foreign-exchange company to a broader financial-services ownership structure while leaving Eurochange focused on retail currency exchange and travel money. Following the acquisition, the company expanded its branch footprint, with reference material describing an average of approximately 30 new locations opening each year. Its retail expansion included a Manchester Arndale outlet in 2015 and additional outlets at CastleCourt and The Pavilions in 2018. Eurochange’s distribution model combines physical bureaux de change with online ordering and home delivery. Its branches are located across British high streets and shopping centres. By 2023, the company had more than 190 physical branches in the United Kingdom and processed more than 2.5 million customer transactions per year. The business offers more than 60 currencies, including euros, United States dollars, and Turkish lira. Its services include buying and selling foreign currency, delivering ordered currency to customers, and buying back unused travel money after a trip subject to a fee and stated conversion conditions. The company has also developed partner and co-branded propositions. It operates travel-money services associated with ABTA, Marks & Spencer, and NatWest, and provides a multi-currency prepaid debit-card proposition through Mastercard’s Cash Passport brand. In December 2022, ABTA announced a partnership with Eurochange to launch ABTA Travel Money. The service extended Eurochange’s operating role into a branded travel-industry channel and was described as the first foreign-exchange service to carry the ABTA brand. Eurochange received recognition from the MoneyAge awards, winning Travel Money Provider of the Year for four consecutive years from 2016 through 2019. The category was subsequently discontinued. In March 2022, a comparison reported by Edinburgh Live ranked Eurochange second for United States dollar and euro exchange rates among five providers assessed in Edinburgh. That result related to the specific comparison and location rather than establishing a universal ranking for the company. In October 2022, Corsair sold NoteMachine to Brink’s while retaining Eurochange. The next major ownership transition occurred in 2025, when Corsair sold Eurochange to Western Union. Eurochange therefore moved from Corsair ownership into the Western Union group while continuing to be described as a United Kingdom-based foreign-exchange and travel-money business.

• 2025

  Acquired by Western Union

  [1]Eurochangeen.wikipedia.org

  Corsair sells Eurochange to Western Union.

• 2023

  Branch network exceeds 190 locations

  [1]Eurochangeen.wikipedia.org

  Reference material describes Eurochange as operating more than 190 physical branches across the United Kingdom.

• 2022

  ABTA Travel Money announced

  [1]Eurochangeen.wikipedia.org

  ABTA announces a travel-money service operated in partnership with Eurochange.

• 2018

  Additional Northern Ireland and UK retail outlets open

  [1]Eurochangeen.wikipedia.org

  The company opens two outlets in CastleCourt and one at The Pavilions.

• 2015

  Manchester Arndale outlet opens

  [1]Eurochangeen.wikipedia.org

  Eurochange opens an outlet in Manchester Arndale during its branch expansion period.

• 2014

  Acquired by NoteMachine

  [1]Eurochangeen.wikipedia.org

  Eurochange is acquired by ATM operator NoteMachine, which was owned by Corsair Capital.

• 2011

  Eurochange name restored

  [1]Eurochangeen.wikipedia.org

  The business changes its name back to Eurochange.

• 2000

  Business renamed FX Currency Services

  [1]Eurochangeen.wikipedia.org

  The company changes its name from Eurochange to FX Currency Services.

• 1975

  Eurochange is founded in London

  [1]Eurochangeen.wikipedia.org

  The foreign-exchange business is established in London.

A UK-focused, multi-channel travel-money provider combining a broad physical branch network with online ordering, home delivery, partner-branded travel-money services, and prepaid multi-currency payments.

• Foreign exchange

  Foreign currency exchange

  Eurochange buys and sells more than 60 foreign currencies through its bureaux de change and online service. The range includes widely used travel currencies such as the euro and United States dollar, alongside currencies including the Turkish lira. The service is designed for customers obtaining cash for overseas travel and for customers exchanging foreign currency after returning to the United Kingdom.

• Travel money

  Home-delivered travel money

  Customers can order foreign currency through Eurochange’s online channel for delivery to their homes. This complements the company’s physical bureaux de change and allows the brand to serve customers outside the immediate area of a branch.

• Foreign exchange

  Travel-money buy-back

  Eurochange offers a service through which customers can sell unused foreign currency after a holiday. Reference material states that the service involves a £4 fee for 30%, although the precise application of that charge is not further specified in the available material.

• Prepaid payment card

  Cash Passport

  The company offers a multi-currency prepaid debit-card proposition through Mastercard’s Cash Passport brand. It provides a card-based alternative to carrying all travel funds as physical foreign banknotes.

• Partner-branded travel money · 2022

  ABTA Travel Money

  ABTA Travel Money is a travel-money service operated in partnership with Eurochange and presented under the ABTA brand. Announced in 2022, it represents Eurochange’s role in delivering a partner-branded foreign-exchange service for the travel sector.

• 2025

  Sale to Western UnionM&A

  Background

  Eurochange remained owned by Corsair after Corsair sold NoteMachine to Brink’s in 2022.

  Action taken

  Corsair sold Eurochange to Western Union.

  Aftermath

  Eurochange became part of Western Union while continuing to operate as a UK-focused foreign-exchange brand.

  Source

• 2022

  Launch of ABTA Travel Money partnershipProduct launch

  Background

  ABTA sought to introduce a travel-money service carrying its own brand.

  Action taken

  ABTA announced ABTA Travel Money in partnership with Eurochange.

  Aftermath

  The partnership created an ABTA-branded foreign-exchange service operated with Eurochange’s support.

  Source

• 2014

  Acquisition by NoteMachineM&A

  Background

  Eurochange was acquired by ATM operator NoteMachine, owned by Corsair Capital.

  Action taken

  Ownership of Eurochange transferred to NoteMachine.

  Aftermath

  The company expanded its branch network during the subsequent ownership period.

  Source

• 2011

  Restore the Eurochange identityStrategy

  Background

  After operating as FX Currency Services since 2000, the company changed its name again.

  Action taken

  The business resumed the Eurochange name.

  Aftermath

  Eurochange continued as the consumer-facing identity used for its foreign-exchange operations.

  Source

• 2000

  Rename the business FX Currency ServicesStrategy

  Background

  The company changed its trading name from Eurochange to FX Currency Services.

  Action taken

  Eurochange adopted the FX Currency Services name.

  Aftermath

  The business later returned to the Eurochange name in 2011.

  Source

1. 1Eurochangeen.wikipedia.org