The JCB Card Accepted at Travelex Japan for Foreign Currency Purchase.Tokyo, Japan, Aug 1, 2005 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - JCB JCB Noun trademark, Brit a large machine used in building, that has a shovel on the front and a digger arm on the back [initials of Joseph Cyril Bamford, its manufacturer] JCB® n abbr , a leading international card brand based in Asia, is pleased to announce that the JCB brand card will be accepted at Travelex branches in Japan for the purchase of foreign currency. This is the first time in Japan that currency exchange services have been made available through credit card payment instead of cash. "We are very happy to partner with Travelex, the world's largest foreign exchange specialist. Travelex acceptance is now an integral part of JCB's total support of leisure and business travel as a T&E service provider for JCB cardmembers", said Mr. Shinichi Horimoto, Manager at the Merchant Relations Department of JCB. "While the JCB card can be used to purchase goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. abroad, a lot of travelers still need to obtain some cash in the foreign currency for tips and other small amounts before they leave Japan", he added. "Accepting the JCB international brand card for payment is another important step in meeting the foreign currency needs of Japanese consumers", said Mr. Ken Sakane, Senior Manager, Sales & Marketing at Travelex Japan. Travelex Japan is taking an aggressive strategy for growth in the Japanese foreign exchange market. In July, Travelex expanded the available currencies to 28, and in 2006 it will be increasing the number of Travelex branches in Japan from 12 to 30. JCB and Travelex are currently considering offering Travelex exchange services over the internet with convenient home delivery of foreign currency. About Travelex Travelex is the world's largest foreign exchange specialist with over 700 retail branches and 16,000 business customers. The Group was founded in 1976 by Chairman and Chief Executive Officer, Lloyd Dorfman, and now serves over 29 million customers a year. The audited net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. for Travelex Holdings Limited at 31 December 2004 was GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 85.2 million. Retail Services 40% of the world's airline passengers now pass through airports at which the business operates including the major gateways at London, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Frankfurt and Sydney. Travelex is the world's oldest issuer of Travellers' Cheques and now issues more Visa and MasterCard branded Travellers' Cheques than any other company. Other retail services and products range from prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. cards and money transfer to call centre services and travel insurance (US only). Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. Travelex is the world's largest non-bank provider of commercial foreign exchange, providing foreign exchange dealing, payments & collection services and risk solutions to over 16,000 international companies and financial institutions. The Group is the leading global provider of outsourced travel money to banks, travel agencies and other financial institutions. For more information please visit www.travelex.com. Copyright [c] 2005 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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