In 2020 we decided to take things one step further and offer the real exchange rate to everyone along with complete fee transparency. So whether you are making an international payment in a foreign currency, travelling abroad and wondering whether to take a payment card, take cash or a combination, we hope our offering will allow you to make a well informed decision.
experience in the retail
foreign exchange market
worth of foreign exchange*
ranked out of 96
companies
satisfied customers
Our aim is to bring the cost of foreign exchange down by focusing on innovative and ground breaking technology in the cash currency and international payments space. In 2020 we have become the first company in the UK to offer travellers the real exchange rate on their currency purchases. We want to continue to offer more savings and clarity to all our members when it comes to their foreign exchange requirements whilst providing a secure, efficient and consistent service.
To give our members complete confidence and transparency on all their foreign exchange transactions. We hope our initiative will extend throughout the foreign exchange market as a whole.
No gimmicks. If you transact with us you get the interbank rate plus our fee. Simple.
Our team are London based and a trading division of Sterling Consortium Limited. We safeguard client money based on the current FCA guidelines under the Payment Services directive into segregated accounts which are held with Lloyds Bank.
Our England and Wales company number: 05850613
We are also listed on The Financial Conduct Authority register (FCA no. 504439) under the PSD Directive and governed by HM Revenue and Customs as a Money Service Business (MSB registration no. 12120971).
Sam Thakkar
Chief Executive Officer & Co founder
Sam co founded The Currency Club in 2010 with the idea of building a transparent, secure and easy to use foreign exchange platform for individuals and international businesses to access from anywhere in the world. Prior to this, Sam worked for HiFX focusing on hedging and risk management solutions for businesses. Sam graduated from Southampton University in Actuarial Sciences and Economics.
Meera Thakkar
Chief Operations Officer & Co founder
Meera co founded The Currency Club in 2010. Meera comes from an investment banking background and previously worked in the alternative investments space raising capital for hedge funds in the Benelux region. Prior to this, she worked at Morgan Stanley and UBS in the Wealth Management division managing family offices and high net worth clients with both their investment requirements. She graduated from the University of Southampton in Economics and Politics.
Vasanth Prabu
Chief Technology Officer
Vasanth Prabu joined The Currency Club back in 2012. He heads up our tech team and builds highly scalable, reliable and secure applications that support our network of foreign exchange platforms. Vasanth has more than 15 years of work experience in IT industry and previously worked with many leading service providers including CMC Markets, Siemens Energy Services, Oracle Corporation and Genisys Integrating System.
Hubert Vas Assistant Manager
Hubert joined The Currency Club in 2018. Prior to this he was managing physical cash, inventories and logistics as a supervisor. With over 6 years experience of building teams and managing the transit of goods, Hubert has great attention to detail and is good at multi tasking. Hubert graduated in Information Technology & Computer Applications. .
Rochelle Barboza Head of Customers Services
Rochelle joined The Currency Club in 2019 with over 10 years background in Customer Services across a range of sectors from travel to banking. Previously, Rochelle worked as a travel consultant for Cox and Kings in London. Followed by her roles as a Relationship Manager in Yes Bank and HDFC bank. Rochelle graduated with her degree in Commerce.
The Currency Club was Founded
August
2010
The Currency Club platform goes live with a
unique rate optimiser tool offering greater
transparency to the consumer.
October
2010
Experian is appointed by The Currency Club
to support online identity verification.
August
2010
The Currency Club offers free delivery on all
currency orders
November
2010
The Currency Club becomes Official Supplier
to The PA Club
January
2011
The Currency Club Becomes CityJet's Chosen
Travel Money Supplier
March
2011
The Currency Club partners up with Robert
Walters PLC
April
2011
The Currency Club Secures Coveted Foreign
Exchange Supplier Position on Xexec.
June
2011
The Currency Club is recommended as a good
FX provider in the Which? magazine
October
2011
Our full automated currency buy back
service goes live
January
2012
Ascent Resources plc chooses The Currency
Club as a Foreign Exchange Provider
June
2012
New website launch of The Currency Club
July
2012
World First Partners up with The
Currency Club
August
2012
The Currency Club Signs Up Travelpack, one of
the UK's largest independent travel companies
July
2012
World First Partners up with The
Currency Club.
November
2012
Travel Center UK Signs Up with The
Currency Club
February
2013
FC Exchange teams up with The
Currency Club.
October
2013
The Currency Club welcomes Air New
Zealand as its newest affiliate member.
November
2013
The Currency Club partners with Disabled
Holiday Directory as their chosen travel
money provider.
June
2014
The Currency Club was voted for by customers
to be included on Money Saving Expert.
November
2014
The Currency Club's Buy Back service is
featured in the Daily Mail
April
2015
First billboard campaign on M40
Birmingham to London route.
June
2015
The Sunday Times Travel team features
The Currency Club as a go to foreign
exchange online provider
June
2015
The Currency Club launches its explainer video
December
2015
The Currency Club supports the Rickshaw Run
with one of co founders heading up the team
to raise money for Against Malaria Foundation.
February
2016
The Currency Club launches its first white
label solution for Sterling FX
March
2016
Click and Collect service goes live on our
white label platform
April
2016
Second billboard campaign on M40
#summer16 London to Birmingham route
April
2016
Sam Thakkar interviewed by for his views
on Brexit and its impact
June
2016
The Currency Club recognised by the Guardian
travel team
November
2016
The Currency Club launch the central London
office deliveries
November
2016
The Currency Club wins Bronze award for
Best Travel Money provider at the British
Travel Awards 2016
August
2017
The Currency Club supports Habitat for
Humanity in Malawi as one of our co founder
heads out onsite to help build shelters
January
2019
The Currency Club is nominated as finalist
Jan in the British Bank Awards 2019 for
Best Travel Money provider
August
2019
The Currency Club launches a white label
solution for Rapid Travel Money
January
2020
The Currency Club is nominated as a finalist
Jan in the British Bank Awards 2020 for Best
FX provider
March
2020
International payments service goes live -
fully transparent pricing model
March
2020
Fully transparent pricing offered to travel
money online - only provider in the market
to do adopt this model
March
2020
The Currency Club launches a fully transparent
foreign exchange service offering customers
the real exchange rate and a small fee
A page for us to share with you our thoughts on everything to do with with foreign exchange and much more. From new product launches and widgets to political announcements, market insights and even where to head on your next holiday look no further, you'll find it all here.
December 2020
The Currency Club's mission has always been to reduce the cost of foreign exchange for everyone. We launched our business ten years ago with this intention,and we deliberately focused on the retail travel money sector..
Read More
October 2020
As a new year begins and the January blues sets in, many will return to their desks attempting to tackle their backlog of emails but at the same time distracted by which destination they should escape to next..
Read More
December 2020
According to Mintel research, 43% of holidaymakers used a debit or credit card last year and this seems to be on the rise with the 30-45 year age group.
Read More
Once you've created an account with us you can check live
exchange
rates 24/7. Opening an account is simple, fast and free.
