FEXCO

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FEXCO, a privately owned company, based in Killorglin, Ireland is a focused provider of global payment services and processing. Through their three core product groups Global Corporate Payments, Global Consumer Payments and Business Services they distribute millions of international payment transactions annually.

FEXCO would be well known as operators of Western Union in eight countries and the Irish Prize Bonds

The company has operations in Ireland, UK, Spain, Malta, Australia, Finland, Denmark, Sweden, USA and Dubai. Western Union hold a significant minority shareholding in FEXCO.

HISTORICAL MILESTONES

· 1981 Bureaux de Change Ireland · 1985 Tourist Tax-free Shopping Ireland · 1986 Partnership with Bank of Scotland · 1987 Tourist Tax-free Shopping UK · 1987 Wins Sean Lemass award for excellence in marketing · 1989 In conjunction with the Irish Post Office, Prize Bond Company established · 1990 E.T.S. France setup to provide Tourist Tax-free Shopping · 1990 Appointed Superagent for Ireland by Western Union International · 1991 Acquired Western Union business in UK · 1993 FEXCO Middle East established · 1994 FEXCO España begins operations · 1995 Setup FEXCO Malta Ltd. · 1996 Setup FEXCO Stockbroking Ltd. · 1996 FEXCO Data Processing awarded ISO 9002 · 1997 FEXCO Teleservices awarded ISO 9002 · 1997 Acquired Gulliver/All Ireland Tourist Information and Reservation System · 1997 Brian McCarthy, Chairman, wins Kerry Businessman of the Year award · 1998 Opening of new £4m Information Technology and Teleservices Centre · 1999 Acquired 22% stake in Global Refunds · 2000 First Data Corporation (USA) announce intention to acquire 25% stake in FEXCO · 2001 Chinese Premier, Zhu Rongji, visits FEXCO Headquarters · 2002 FEXCO Chairman wins Ernst & Young International Entrepreneur of the year · 2003 FEXCO open new €5.5 Global Contact Centre · 2003 FEXCO invest in The Gift Voucher Shop · 2003 FEXCO acquires Australian company Prudential Investment Corporation of Australia · 2004 FEXCO Acquires Majority Shareholding in Online Teetimes Ltd · 2004 FEXCO Acquires Nova Rent-a-Car Reservations Limited · 2004 FEXCO Acquires Remaining Shareholding in Gulliver Ireland · 2004 FEXCO Acquires Money Transfer Nordic From Global Refund · 2004 E-DirectoryIrelands ‘one stop shop’ shopping site launched · 2004 Gift Voucher Shop launched in Malta through Malta Post · 2005 FEXCO Australia acquire Inscor Services through Prudential Company of Australia · 2005 FEXCO acquires Irish Asset Finance Business from BNP Paribas Group in Ireland · 2005 FEXCO acquires CNG Travel Group plc’s Leisure Division · 2005 FEXCO are the 1st Irish company accredited by UK-based Call Centre Association (CCA) · 2006 Partners with National Bonds Corporation in Dubai, UAE to successfully launch National Bonds on March 18th.