Currency Exchange International Joins Forces with Continental Currency Exchange in Strategic Alliance,
Published / Modified Apr 11 2025
CSIMarket Team / CSIMarket.com

In a significant development within the financial services and foreign exchange sectors, Currency Exchange International, Corp. (CXI), a publicly-traded company on the Toronto Stock Exchange (TSX: CXI) and over-the-counter (OTC: CURN), has announced a referral agreement with Continental Currency Exchange (CCE). This strategic partnership aims to enhance CXI s footprint and service offerings through collaboration with one of Canada s leading foreign exchange service providers.
Continental Currency Exchange, a well-recognized name in the Canadian foreign exchange market, operates 19 branch locations across Ontario. The company offers a comprehensive suite of services, including foreign exchange conversion, preauthorized debit and deposit transactions, foreign checks and drafts, and international money transfers in more than 120 currencies. Through its extensive network and robust service portfolio, CCE stands as an ideal partner for CXI to expand its influence in the region.
CCE s parent company, DUCA Financial Services Credit Union Ltd. adds further credibility and strength to this alliance. Established in 1954, DUCA has grown from a single branch credit union in Toronto to a significant regional player, boasting 19 branches across the Greater Toronto Area and Central Ontario, over 93,000 members, and managing assets surpassing $8.3 billion. This solid backing ensures that the CXI-CCE partnership is supported by a well-established financial entity, enhancing its potential for success.
Gregory P. Rancourt, CEO of Currency Exchange International, expressed his enthusiasm about the collaboration, stating, We are thrilled to join forces with Continental Currency Exchange. This agreement will leverage our collective strengths to provide superior foreign exchange solutions to a wider audience while simultaneously enhancing the convenience and accessibility of these services in Ontario.
The collaboration aims to facilitate improved customer experience through combined resources and expertise, catering to the diverse needs of individuals and businesses alike who require efficient and reliable foreign exchange services. With financial globalization continually presenting new challenges and opportunities, partnerships like this one between CXI and CCE highlight the importance of innovative alliances in staying competitive and relevant in the fast-paced financial sector.
As the demand for seamless, cost-effective foreign exchange and international payment solutions grows, CXI s collaboration with CCE positions both companies to meet this demand effectively, driving growth and expanding market reach.
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