Travelex

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Travelex plc is the world's biggest foreign exchange company. Its group headquarters are located in Kingsway, London, England, but the group has a number of offices in other UK and Worldwide locations.

Travelex is the world's largest foreign exchange specialist. Best known for foreign exchange outlets in airports and ports around the world, Travelex are also a leading supplier of international payments, travel assistance services and bulk shipments of currency banknotes the world over.

One of Travelex's key businesses is the supply of Travel Money Services to banks, travel agents and other institutions for their travelling customers. These services range from a simple remote ordering and delivery service, to supplying stocks or pre-packs or Travel Money and even the provision of fully staffed bureau de change implants.

Travelex also supply pre-paid cards that can be used in the same manner and locations as a credit card, with the key difference being that the card is preloaded with cash and that then becomes the limit for usage. These are popular for travel, students, or for use as reward programmes.

A further aspect of Travelex business is the "Latitude" range of services. The Latitude dept is one of the worlds largest dedicated concierge and assistance services and provides a full range of recovery and discovery services. These are not all presented publicly as a Travelex service, but are often 'white labelled' and offered to holders of particular bank accounts or credit cards. The service is available 24 / 7 in a wide range of languages, and despite the lack of public knowledge of this service it is extremely well known both within the industry and in related service industries, eg hotel and restaurant trades.

A key strength of the concierge service is the worldwide impact of the Travelex name - unlike key competitors, the company name is known around the world and this means that Travelex Latitude can often offer solutions and deal with issues in locations where other concierge services have very little impact.

Travelex have over 16,000 business relationships around the world and unparalleled expertise in foreign exchange, payment and add-on services, adding value to any organisation needing to provide a Travel Money Service or offer an enhanced package to their existing customers / cardholders.

The company is also the official sponsor of the Australian cricket team for all overseas tours. [1]


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