Travel FX, the acclaimed online currency exchange company, is celebrating a remarkable achievement as it surpasses 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 destinations worldwide.
The company’s founders, Graham Tennant and Damian George, established Travel FX with the aim of challenging the monopoly held by banks and the Post Office in the travel currency market.
Travel FX provides a range of services, including currency exchange, buy back, and international transfers. The company has garnered over 15,000 “excellent” ratings on Trustpilot, a testament to the satisfaction of its customers.
The user-friendly system allows travellers to order their currency online, make payment with a debit or credit card, and select their preferred date of delivery. Travel FX dispatches the cash via insured Royal Mail Special Delivery, ensuring a secure and timely arrival for the clients.
Graham Tennant, Managing Director of Travel FX, expressed his satisfaction with the company’s progress: “When we launched 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 satisfied customers and multiple industry awards, we are proud to have achieved just that.”
Tennant emphasized the cost-saving benefits for customers: “We are helping our customers save a significant amount of money. By exchanging their currency with us, they can save an impressive £25 per £1,000 compared to the Post Office. Additionally, our buy-back service saves them £80 per £1,000. A little bit of planning by booking the order before the departure date goes a long way. Leaving it until the last minute may result in up to a 20% increase in exchange rates at the airport.”
As Travel FX celebrates this significant milestone of surpassing one billion pounds in exchanges, Tennant expressed gratitude to their customers and looked forward to assisting both existing and new customers with their holiday money in the coming year.
Travel FX offers currency exchange and transfers for 45 different currencies, providing better rates and transparent pricing due to its lower overhead costs compared to many competitors. The company utilizes cutting-edge money transfer technology, ensuring secure transactions and punctual delivery.
In line with a recent Mintel report highlighting the continued importance of cash in society, Travel FX recognizes its role and plans to launch virtual cards, enabling customers to make payments through their phone wallets while still benefiting from excellent rates.
To meet customer demand, Travel FX has recently introduced an international transfer service. This efficient same-day or next-day service offers faster and more cost-effective transfers than traditional banks or currency brokers. The company guarantees excellent exchange rates and transparent pricing for this service, mirroring its commitment to its currency exchange offering.