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Currencies Direct to Open in Mumbai

London based Currencies Direct is launching a Mumbai operation catering for the needs of non-resident Indians (NRI’s) later this year.

 

The Mumbai office will undertake a number of activities including research, sales and product development and is expected to employ around 30 staff.

 

Currencies Direct is a provider of commercial foreign exchange and international payment services, and has targeted Europe‘s high net worth individuals in particular.

 

Currencies Direct’s CEO and chairman, Mayank Patel, and group managing director, Yogesh Shetty – both NRI’s based in the UK – say they are looking to use the new base in Mumbai to enable the company to broaden its franchise in Asia and the Middle East.

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