Ebix to provide forex services at Kannur airport

Foreign exchange to be provided at competitive rates

Published - December 10, 2018 11:12 pm IST - KANNUR

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.,

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.