ChangeGroup

ChangeGroup
Type Private
Industry Foreign Exchange
Founded 1992
Headquarters London, United Kingdom
Key people Sacha Zackariya, CEO
Mohammed Zackariya-Marikar, Chairman
Bette Zackariya, Group Director
Employees 600
Website www.changegroup.com

ChangeGroup is a retail foreign exchange and bureau de change company, headquartered in London, UK in and has 120 branches in airports, seaports and city centres globally. It was founded in 1992 by Mohammed Zackariya-Marikar. His son, Sacha Zackariya is CEO.[1]

Awards and reviews

ChangeGroup won the Ambassadors for London Award and a Queen’s Award for Enterprise 2006.[2] In addition, it has met the Investors in People standards for 10 years.[3]

The Sunday Times found that ChangeGroup offered the best exchange rates on euros when it conducted research in July 2011 [4], although before 2008, the company had been criticised by a number of newspapers comparing currency exchange rates, from the Sunday Mirror (who described them as "worst on the High Street"[5]) to the Los Angeles Times ("the worst deal of my London experiment"[6]). However, some articles also mentioned that they are willing to haggle,[6][7] bringing the cost down considerably.

References

  1. ^ "2008 Top Track 250: The Change Group". http://www.fasttrack.co.uk/fasttrack2002/migration/dbDetails.asp?siteID=5&compID=1684&yr=2008. Retrieved 2009-02-08. 
  2. ^ "The Queen's Awards for Enterprise: International Trade 2006". 7 April 2006. http://www.queensawards.org.uk/business/Winners/2006.html#internationaltrade. Retrieved 2009-02-08. 
  3. ^ "10 years of success: Longstanding Investors in People organisations". Investors in People UK. November 2008. pp. 5. http://www.investorsinpeople.co.uk/Documents/Raising%20The%20Standard/RTS25.pdf. Retrieved 2009-02-08. 
  4. ^ Charles, James (10 July 2011). "Save £600 before you go on holiday". Sunday Times. 
  5. ^ Wright, Melanie (8 August 2004). 14509631/ "EUROWINNER". Sunday Mirror. http://www.mirror.co.uk/advice/money/melanie-wright/2004/08/08/eurowinner-115875 14509631/. Retrieved 2009-02-08. 
  6. ^ a b Gilden, James (12 May 2002). "Weigh the Options for a Fair Deal on Foreign Money". Los Angeles Times. http://www.courant.com/topic/la-sourcebook-money,0,3048170.story. Retrieved 2009-02-08. 
  7. ^ Calder, Simon (23 April 2007). "The man whose business is travel: the invisible charges that inflate your travel costs". The Independent. http://www.independent.co.uk/travel/business-travel/simon-calder/the-man-whose-business-is-travel-the-invisible-charges-that-inflate-your-travel-costs-445908.html. Retrieved 2009-02-08.