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Corporate entities whose business activities generate a certain volume of foreign currency in a variety of currencies generally exchange such funds, whether in cash, cheques or travellers cheques, into a Maltese lira denomination. This entails the payment of a margin on the exchange transaction, loss of time and other administrative burdens to effect the exchange transaction or lodgement to bank accounts, and the inherent security risks of physically carrying liquid funds to the entity's bank or financial institution.

FEXCO's foreign currency service is designed to eliminate the risk, hassle and cost from this activity, and has today been taken up by an extensive range of hotels and other business entities throughout the island.

The service is designed to be both simple and user friendly. At the start of the business day, we shall transmit our applicable exchange rates for your consideration. Should you decide that you wish to carry out an exchange transaction, simply call us and our representatives will carry out the exchange transaction in a speedy and competitive manner.

This gives you:

• the opportunity to assess the comparable attractiveness of our exchange rates prior to committing to the transaction, and

• the opportunity to avoid hassle, queuing delays and the need to interrupt your own (or your staff's) working time.

Eliminate the risk and hassle from your foreign currency transactions, and enhance your bottom line - contact us for more details on the FEXCO foreign currency service.

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