Whether it is the delivery of foreign currency to clients, the issue of travellers and bankers cheques or sound financial advice, Fexco’s investment in technology and banking relationships over the years has brought it to the forefront of the financial sector, with exceptional facilities to conduct first-rate daily business.

Fexco Financial Services (Malta) Limited is a financial institution, licensed by the Malta Financial Services Authority, and has been providing a range of financial services to the Maltese market since 1995. Fexco combines high liquidity with a strong capital base in order to consolidate its present achievements and maintain the momentum for its expansion. Fexco’s service portfolio is designed to provide clients with solutions that address specific requirements, is delivered in a timely manner, and directly translates financial expertise into tangible cost-saving exercises.

In conjunction with its banking partner, Deutsche Bank of Germany, Fexco introduced its own state-of-the-art banking platform in 2003.

Fexco plays a leading role in the corroboration of financial services in Malta and is, in fact, a founding member of the Association of Licensed Financial Institutions. The company’s head offices are situated in San Gwann and serve as the hub for Fexco’s entire foreign exchange business as well as the provision of Western Union Money Transfer. Fexco Financial Services (Malta) Ltd also has branches in St. Julians, Rabat, Mdina and a regional office in Victoria, Gozo.

Fexco carries out multiple daily bureau de change transactions in cash and travellers’ cheques. The company’s high-tech systems cater for the individual and corporate traveller, as well as large volume requirements for any business community. Head office issues daily competitive rates, transmitted by fax or email to all of its branches and corporate clients.

Fexco offers the facility to settle overseas client accounts, at highly competitive rates, through an inter-bank SWIFT network, or via foreign currency-denominated cheques on Fexco paper or bankers’ drafts. Competitive exchange rates computed on an individual basis are offered for each individual transaction.

Besides SWIFT transfers and bankers’ drafts, Fexco is also licensed to offer more secure payment methods through its trade finance agreements with major worldwide banks. Fexco is provided with exclusive software to handle:

Ø Import/Export Letters of Credit

Ø Documentary Collections

Holidaymoney Plus is a Fexco product used by individuals and corporate alike for their foreign currency requirements when traveling abroad. Fexco customers can avail of competitive rates of exchange, coupled with a free unlimited buy-back guarantee. Fexco has also teamed up with our national airline and awards frequent Air Malta flyers with KMiles on all travel money purchases. Fly Pass members can earn up to 1,000 points per single foreign transaction.

Western Union Money Transfer

In 1996, Fexco was appointed Western Union agent in Malta. Western Union Money Transfer is the fastest and most reliable way to send money worldwide. It is also the world’s largest consumer international money-transfer system, provided through a network of more than 212,000 locations in over 195 countries and territories. The number of transactions in Malta ten years ago amounted to only a couple of hundred. The business has since then surpassed double-digit growth every year, and has today reached very commendable proportions. Fexco is undeniably Western Union’s top agent in Malta and the company is zealously launching additional authorised outlets around the island in a bid to serve an ever-increasing clientele. In May 2004, Fexco finalized a collaboration agreement with Maltapost to launch a number of financial services products. Western Union Money Transfer is now available throughout the entire Malta postal network, from Fexco’s own branches, and from an additional 15 other independent agents. Western Union and Fexco ensure that their clients are able to transfer and receive funds, to and from anywhere around the world literally in minutes!

Fexco Investment Services (Malta) Ltd was set up in November 2000 to widen its portfolio of services to its ever-increasing customer base, and holds a Category 2 License issued by the Malta Financial Services Authority. Aware that each client is an individual with specific and diverse needs, Fexco’s qualified advisors continually source out diverse and objective studies that enable them to provide the best solution for every client’s individual investment needs.

FISML exclusively represent Cominvest Asset Management GmbH (ADIG Funds) and Jupiter Unit Trust Managers Ltd (JUTM). The product range includes Investment Funds, Capital Guaranteed Products, purchase and sale of Foreign Bonds & Shares, as well as purchase and sale of Local Equities

Fexco Investment Services is also licensed by the MFSA to act as a sub-agent for Middlesea Insurance, p.l.c. Through this arrangement, FISML is able to offer a full and comprehensive range of insurance covers.

The Gift Voucher Shop is a business concern specifically set up to offer for sale to the public, One4All Gift Vouchers through the entire Maltapost network. Gift Vouchers can be exchanged by recipients in over 260 of the best shops and businesses of over 130 different merchants all over Malta and Gozo. One4All Gift Vouchers come packaged in an attractive gift card together and an eye-catching directory outlining all participating shops. Gift Vouchers are also popular with corporate customers either as sales incentives, staff reward programs or even as the ideal gift to loyalty programs.