International Currency Exchange

From Wikipedia - Reading time: 4 min

ICE - International Currency Exchange
Company typePublic limited company
IndustryFinancial services
Founded1973 (1973)
HeadquartersLondon, W1
United Kingdom
ProductsForeign Exchange
OwnerLenlyn Group
Number of employees
3000+
Websiteiceamerica.com/index2.aspx

International Currency Exchange - often known simply as 'ICE' - was a global foreign currency exchange company, based in London.[1]

Background

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ICE were the first foreign exchange operator to offer a pre-paid currency card[2] and also to offer a voucher system, whereby customers are able to get discounted exchange rates by visiting the company's website before picking up their currency.[3]

As one of the largest retail currency exchange operators in the world, with a combined annual group turnover in excess of US$1.8 billion, ICE operated a global network of over 300 bureaux de change branches, including 65 airports, across four continents.

ICE is a Private Limited Company owned by Lenlyn Group, and is a sister company of Raphaels Bank. The organisation's headquarters are in Piccadilly, London.

ICE UK ceased trading in 2022, going into administration as a result of the Covid restrictions; ICE retains operations in other locations including the USA and Ireland.

References

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  1. ^ "Pandemic's impact on overseas travel sparks collapse of currency exchange provider ICE".
  2. ^ "ICE International Travellers Cashcard". ICE plc. Retrieved 8 August 2013.
  3. ^ "Diversified Trading Opportunities with Advanced Risk Management". Retrieved 2024-06-04.
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Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/International_Currency_Exchange
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