Moneychanger

(redirected from Moneychangers)
Also found in: Dictionary.

Moneychanger

A person or, less commonly, an institution that exchanges one currency for another on behalf of a client. For example, if one presents a moneychanger with U.S. dollars, the moneychanger may provide one with an equivalent amount of British pounds. Modern moneychangers originated in medieval Europe and were instrumental in the development of banking.
References in periodicals archive ?
Waqar Abbasi also ordered FIA officers to step up raids on moneychangers who were involved in dollar hoarding, money laundering, and illegal cash transfer.
Under Article Four, any bank or moneychanger that does not comply with the law will be fined a maximum of KD10,000 while anyone who remits money not through the accredited banks and moneychangers will be sent to prison for a maximum of five years and a fine that amounts to the double of the money sent abroad.
The moneychangers bankrupted our country, women accused of adultery are still stoned to death and babies are killed, not by Herod but bombs.
BEIRUT: Association of Lebanese Moneychangers called on Central Bank to annul a decision that more than doubled requisite capital needed for licensing currency exchange businesses.
Somewhere in the Whispering Gallery, no doubt, Jesus was groaning about clearing the moneychangers from the temple.
In a circular, the central bank told all banks, moneychangers, investment and finance companies and other financing entities operating in the UAE that the move was 'based on the Resolution 1929 (2010) adopted by the Security Council of the United Nations at its 6335th meeting on June 9, 2010 regarding non-proliferation of nuclear weapons.'
The riyals, in the hands of Pakistani moneychangers, are recycled back into regular cash channels, also through Afghanistan.
LAHORE, January 30, 2010 (Balochistan Times): Federal Investigation Agency (FIA), at the directives of Interior Ministry, raided illegal moneychangers in different cities of Punjab.
They underlined that most of traders have already installed CCTV cameras at their shops while majority of jewellers and moneychangers have security guards and under such circumstances, the serving of notices to them is injustice.
And unofficial moneychangers in some countries are offering lower exchange rates for Spanish and other Southern European euros than is on offer for German euros.
And the moneychangers, looking down from their skyscraper office blocks, declared that it was good.
Herod's Temple: The Temple Jesus Knew uses animation to reconstruct how the temple might have once looked, imagines the scene that took place when Jesus drove the moneychangers from its outer court, and the horror of the temple's fiery devastation at the hands of the Romans in A.D.