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Travelex
Travelex opened its first store in London in 1976 and now operates as the world’s leading independent foreign exchange business. Travelex has over 1,000 stores and 1,000 ATMs in 26 countries at key airport, seaport, rail, tourist locations. Travelex services customers 40 million times a year with cash and pre-paid cards and we process over 5,000 currency transactions every hour. Over 40% of the world’s travelers – 2.7 billion passengers a year – pass through airports where Travelex operates
In 2017 we had over 18 million ATM transactions indicating the increasing popularity of self-service. We also provide remittances and online international payments through partnerships with Western Union and Ozforex, as well as sourcing and distributing FX banknotes for central banks and international financial institutions. Travelex offers pre-paid currency cards for use across the globe and customers can use the cards to lock in the exchange rate at time of purchase, benefit from a 24/7 emergency service, and load multiple currencies onto their cards.
An American traveller can load up to 5 different currencies on their card to use throughout their trip, meaning they can visit Europe (Euro countries), the UK, Australia, Canada or Japan without having the hassle of multiple cards, or the worry of exchange rate fluctuations.
Opportunities for Partnership
In addition to offering foreign currency services direct to retail customers, Travelex also works with a range of business partners to offer foreign currency services to their customers. It has long-term strategic relationships with a number of airport operators, retailers, travel agents and financial institutions to provide them with retail foreign exchange, outsourcing and wholesale banknote solutions. One of Travelex’s core values is ‘setting the gold standard’ and it works with regulators across the world to set the highest standards of integrity within foreign exchange.