Travel FX, an acclaimed online currency exchange company, is thrilled to commemorate a significant milestone of surpassing one billion pounds in currency exchanges.
Since its establishment in 2008, Travel FX has assisted over a million customers in converting their pounds into foreign currency for travel destinations worldwide. Co-founders Graham Tennant and Damian George launched the company with the aim of challenging the monopoly held by banks and the Post Office in the travel currency market.
Offering currency exchange, buy-back services, and international transfers, Travel FX has earned over 15,000 “excellent” ratings on Trustpilot from its satisfied clientele.
The user-friendly platform allows holidaymakers to conveniently order their currency online, make payment using a debit or credit card, and select their preferred date of receipt. Travel FX dispatches the cash via insured, Royal Mail Special Delivery on the specified date chosen by the client.
Graham Tennant, Managing Director of Travel FX, expressed, “When we embarked on this venture, we recognized the need for a transformation in the industry. We aimed to provide better rates and superior service compared to our competitors. Today, with over a million happy customers and numerous industry accolades, we are delighted to have achieved just that.”
“Our customers are saving a substantial amount of money,” Tennant continued. “By exchanging their cash with us, they save an impressive £25 per £1,000 compared to the Post Office. Furthermore, using our buy-back services, they save £80 per £1,000. It only requires a little planning to book the order ahead of their departure date. Waiting until the last minute can result in up to 20% higher charges for airport exchanges.”
Tennant took the opportunity to express gratitude towards all customers while celebrating the remarkable milestone of reaching one billion pounds in exchanges. He added, “We look forward to assisting our existing and new customers with their holiday money needs in the coming year.”
Travel FX provides currency exchange and transfers for 45 different currencies. The company is able to offer competitive rates and transparent pricing due to its reduced overhead costs compared to many competitors. With the utilization of industry-leading money transfer technology, Travel FX ensures the protection and punctuality of every transaction.
A recent Mintel report confirmed that cash still plays a vital role in society and will continue to hold significance in the future of money due to its ability to facilitate better spending tracking. Additionally, Travel FX is set to launch virtual cards for mobile wallet payments, offering excellent rates for customers who prefer card transactions.
In response to customer demand, Travel FX has recently introduced an international transfer service. This service provides same-day or next-day transfers, offering faster and more cost-effective alternatives to traditional banks or currency brokers. With no hidden charges and a guarantee of excellent exchange rates, the company extends the same commitment to quality as its currency exchange services.