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Airport News      

January 15, 2003   
Contact: Doug Myers
Albany International Airport
518-242-2222

AIRPORT OPENS FOREIGN CURRENCY EXCHANGE FOR TRAVELERS

Albany, NY (January 15, 2003) - - - Rev. Michael A. Farano, Chairman of the Albany County Airport Authority today announced the establishment of the Albany International Airport Foreign Currency Exchange. The service will enable travelers to exchange U.S. currency for foreign currency.

"The volume of international passenger traffic continues to increase at Albany International Airport continues to increase. The convenience of a foreign currency exchange will be a beneficial addition to the services we provide our passengers," said Rev. Michael A. Farano, Chairman of the Albany County Airport Authority.

The Foreign Currency Exchange will operate through the Airport's Business Center located on the C-Concourse. Travelers with valid airline tickets will have immediate access to the Business Center to make transactions. Individuals that do not possess a valid ticket or are planning to make sizable transactions should contact the Business Center at 518 242-4488 to arrange for an appointment.

The Airport's Business Center can immediately exchange U.S. dollars for British pounds, Euro's, Yen and Canadian currency. The program will also enable passengers to exchange the same foreign currencies for U.S. dollars. Other currencies can be ordered by contacting the Business Center at least three days before the currency is needed. No coins will be accepted.

A modest service fee totaling 1% of the transaction will be charged. There will be a minimum service fee of $5. The daily exchange rates will be posted in the Business Center.

Travelers can obtain foreign currency abroad by using approved credit cards or ATM (automatic teller machine) card. When using an ATM abroad, travelers should be sure the system is connected to the same network as their U.S. bank. In addition, using a credit card when making purchases abroad will enable travelers to avoid currency exchanges and will ensure they receive the current exchange rate.

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