Currency Exchange International specializes in foreign currency exchange, buying and selling 80+ currencies with daily inventory, plus gold bullion coins and bars at a Manhattan location.
Editorially reviewed by Harvey Brooks
Currency Exchange International operates a foreign currency exchange service located on the Upper East Side of Manhattan at 801 Lexington Avenue. The company is an NYC Tourism + Conventions Member, indicating it serves both locals and tourists requiring currency services. Founded to provide an alternative to banks and airports for currency exchange, CXI has positioned itself as a convenience-focused provider in the financial services space.
The company's core offerings center on foreign currency exchange and precious metals. CXI buys and sells more than 80 foreign currencies and maintains daily inventory to serve customers on short notice. They also sell popular gold bullion coins and bars. Customers can reserve foreign currency online or by phone at (212) 421-2220 before visiting the physical branch, streamlining the transaction process. The service accepts limited EUR, GBP, CAD, and MXN coins, though no other foreign exchange coins are accepted.
CXI differentiates itself from traditional banking institutions through several advertised guarantees and service features. The company promotes a "Best Rate Guarantee" and "Currency Price Protection" to customers, emphasizing competitive pricing and security in currency transactions. Their stated mission is to provide the best exchange rates and highest level of customer service, positioning the business around the exchange experience rather than ancillary financial services.
Currency Exchange International operates as a specialized niche provider within the broader check-cashing and currency services category. While the company offers legitimate foreign exchange and precious metals services, customers should understand that independent currency exchangers typically charge spreads above interbank rates. The ability to hold inventory and provide same-day service comes at a cost reflected in their exchange rates. Customers seeking the absolute best rates on large transactions may benefit from comparing quotes, though the convenience factor and guaranteed availability of 80+ currencies represents genuine value for travelers and international remittance senders.
Yes. Currency Exchange International is a registered company headquartered in 801 Lexington Ave, New York, NY 10065. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
Currency Exchange International is best for travelers, international business professionals, and NYC residents needing same-day foreign currency without bank ordering delays or wanting to buy precious metals alongside currency services. The primary caveat is that independent currency exchangers charge spreads above interbank rates, so customers should confirm their specific rates are competitive for large transactions before committing.
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