Foreign currency exchange company Travelex is making significant
strides in expanding its presence across Asia, as well as Europe, the
Middle East, and Brazil. With the international aviation sector showing
signs of recovery post-pandemic, Travelex has launched over 20 new
bureaus and partnerships in key locations.
In the Asia Pacific region, Travelex has opened eight new stores,
including its first retail store in Penang, Malaysia. This expansion
into the northern region of Malaysia brings the total number of Travelex
stores in the country to eight, with two more stores, including an
on-the-move kiosk, set to be launched in the coming months.
Additionally, Travelex has opened two new stores at Chongqing Airport in
China and a new landside store at Sendai Airport in Japan.
In Europe, Travelex has opened new bureaus at Frankfurt Airport and
Schiphol Airport. The two bureaus at Frankfurt Airport, both landside,
and the two bureaux at Schiphol Airport, one landside and one airside,
also offer FX ATM services. These additions bring Travelex's total
number of sites to nine at Schiphol Airport and 15 at Frankfurt Airport.
Travelex's ATM click & collect service in the UK has also
expanded. Following a successful pilot at Heathrow Terminal 5, 54 click
& collect ATMs are now available across all four operational
Heathrow terminals, along with 24 ATMs at Manchester Airport and seven
at Birmingham Airport. This service allows customers to conveniently
pre-order cash for collection via the ATM before their flights.
In Brazil, Travelex has opened seven new bureaus, including locations
in São Paulo, Rio de Janeiro, Minas Gerais, and Santa Catarina. The
company has also formed a partnership with CCR Aeroportos, one of
Brazil's largest airport operators, and plans to open stores at three
additional airports in Navegantes, Goiânia, and Curitiba. With these
expansions, Travelex will have a network of over 120 stores across
Brazil.
Travelex's growth extends to the Middle East, with the opening of a
new bureau at Dubai International Airport. The store, located at airside
departures, focuses on serving customers in foreign exchange and VAT
refund services. This addition brings Travelex's total number of stores
at DXB to 31, with a network of 52 stores throughout the UAE.
Furthermore, Travelex has launched a new On The Move kiosk at Muscat
Airport in Oman, serving customers in the airport's premium lounges and
hotel.
The expansion of Travelex's bureaus and partnerships aligns with the
recovery of international aviation, as passenger traffic worldwide has
reached 81.6% of March 2019 levels. The launch of new stores and
partnerships across multiple continents, according to CEO Richard
Wazacz, aims to simply customers' access to international money through
various channels, making their travel experience more convenient.