Travelex takes steps to make international money more accessible to its customers

Travelex, the world’s leading currency exchange company, has taken steps to make international money more accessible to customers around the world.

The company has successfully executed a substantial overhaul of its business to establish a strong new capital structure.

This secured the future of Travelex and laid the foundation for post-COVID -19 scenarios in which the travel industry and trade, in general, begins to recover.

Angela Smith, Travelex’s Head of Wholesale Banknotes, said this during a media engagement in Accra when a group of Travelex directors visited Ghana.

As the world’s leading foreign exchange company, our mission is to grow our presence in Ghana and throughout Africa.

Moreover, they plan to invest in the market by opening new offices and launching new foreign exchange products for individuals and businesses.

Currently, we are one of the leading wholesale banknote providers, trading over 80 currencies with hundreds of financial institutions and global central banks.

“We also offer a range of remittance and international money transfer products worldwide.

We pride ourselves on our unparalleled ability to source and distribute banknotes worldwide.

Our in-house logistics and terms of negotiation are qualified to navigate the complexities of transferring tickets to an extensive network of international locations.

And we have developed a world-class standard of excellence for operating within a tightly governed regulatory and anti-money laundering framework.

Our banknote retail, outsourcing and wholesale verticals are supported by a state-of-the-art fully automated cash processing facility which is the only automated solution in the UK for the cash order assembly and is our main differentiator in the market,” she explained.

In Africa, we operate in all of the following markets: Botswana, Burundi, Cameroon, Cape Verde, DR Congo, Gambia, Ghana, Ivory Coast, Kenya, Liberia, Malawi, Mozambique, Namibian, Sierra Leone, South Africa South, Tanzania, Togo, Uganda, Zambia and Zimbabwe.

Travelex founded in 1976 has distinguished itself through its unique brand and market footprint.

Over the past 46 years, the company has built a network of currency exchanges and developed Travelex as a widely recognized and trusted brand in international money.

Source: Isaac Kofi Dzokpo/newsghana.com.gh

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