Last Updated on: 22nd November 2023, 01:11 am
Celebrations are in order as award-winning online currency exchange company, Travel FX, reaches an incredible milestone of exchanging over a billion pounds. Since its establishment in 2008, Travel FX has assisted more than one million customers in converting their pounds into holiday money for destinations worldwide.
Founded by Graham Tennant and Damian George, Travel FX aimed to disrupt the travel currency market dominated by banks and the Post Office. Offering currency exchange, buy-back services, and international transfers, the company has garnered over 15,000 “excellent” ratings on Trustpilot from its satisfied customers.
The user-friendly system allows holidaymakers to conveniently order currency online, make payments with a debit or credit card, and select their desired date of receipt. Travel FX dispatches the cash through insured Royal Mail Special Delivery on the requested date, ensuring a seamless experience for clients.
Graham Tennant, Managing Director of Travel FX, shared, “When we started this business, we recognized the need for a shake-up in the industry. We aimed to provide better rates and superior service compared to our competitors. Now, with over a million delighted customers and numerous industry accolades, we are proud to have achieved just that.”
“We are saving our customers significant amounts of money. By exchanging their cash with us, they can save a remarkable £25 per £1,000 compared to the Post Office. For buy-back requirements, the savings amount to £80 per £1,000. All it takes is a little planning to book the order before the departure date. Leaving it until the last minute can result in up to 20% higher exchange rates at the airport,” Tennant added.
In celebrating the significant milestone of exchanging the billionth pound, Travel FX extends its gratitude to all its customers to date. The company looks forward to assisting both existing and new customers with their holiday money needs in the upcoming year.
Travel FX offers currency exchange and transfers in 45 different currencies, providing better rates and transparent pricing without hidden charges due to its streamlined operations. Leveraging industry-leading money transfer technology, the company ensures secure transactions and punctual delivery.
A recent Mintel report confirms the continued importance of cash in society and its role in the future of money, allowing individuals to better track their spending. However, for those who prefer card payments, Travel FX is set to launch virtual cards for seamless phone wallet transactions while still maintaining excellent rates.
Responding to customer demand, Travel FX has recently introduced an international transfer service. This same-day or next-day service offers faster and more cost-effective options compared to traditional banks or currency brokers. The company guarantees excellent exchange rates and transparency without hidden fees, mirroring its commitment to providing exceptional service in its currency exchange operations.
