AviationTravelex broadens reach with new stores spanning Asia, Europe, and more.

Beyond borders, Travelex makes money move across continents

Travelex has opened a new landside store at Sendai Airport in Japan.
Travelex has opened a new landside store at Sendai Airport in Japan.

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.

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