INTERCHANGE GROUP

Interchange, a leading provider of money transfer and foreign currency services, has acquired Western Union's (WU) dedicated stores in Vienna, Paris, and in the principal regional cities of France. The acquisition involves 26 stores and approx. 150 people including one of the single busiest sites in WU's worldwide network. The transfer of the Austrian stores was completed in November while the French stores are being progressively transferred... In operation since 1990, the Interchange Group has been handling more than 600 million turnover per annum, across 13 countries, including 7 major airports, 80 branches and numerous ATMs. It also has a network of more than 1,200 Western Union providers.

Also known as: Interchange