EbixCash World Money, a foreign exchange service provider, has been awarded rights for providing Foreign Exchange services at the Kannur International Airport (KIA) here.
The EbixCash WorldMoney Forex services were inaugurated by Health Minister K.K Shylaja on Sunday. Officials of the service provider said EbixCash World Money would offer passengers flying in and out of the city, foreign exchange at competitive rates, along with a host of other products such as travelers cheques, multi-currency prepaid cards and travel insurance.
Strategic location
“Many international flights from here offer direct connectivity from Middle East destinations such as Abu Dhabi, Sharjah, Muscat, Riyadh, Doha and Kuwait, making Kannur a strategic location for us to offer our forex and travel services,” said T.C. Guruprasad, EbixCash WorldMoney Managing Director, in a press handout.
He said that it currently has six branches and nine airport forex counters in the State.
Kannur is a fast-growing business and tourism destination with Wayanad and Kodagu being in close proximity and besides being the district headquarters, it offers a mix of beaches, forts and museums, he added.
Spread around 2,000 acres, the airport is expected to serve more than one million passengers annually with passenger traffic estimated to increase five-fold by 2025, the press release said.
The airport is the second greenfield airport setup in the State.
The press release issued here today said that the forex services contract in the Kannur airport marks a coveted win for the EbixCash WorldMoney.,
