Is Travelex safe to buy from?

Is Travelex safe to buy from?

Serving millions of customers across the globe, Travelex is trusted and highly credible (9.0/10) as well as very well rated by customers (9.3/10).

Is Travelex any good?

Travelex Customer Reviews On TrustPilot, Travelex have four stars and most customers think it’s an “excellent company” to use. However customers are more negative when it comes to reviewing Travelex’s travel money card.

Can I get my money back from Travelex?

Can I get cash back when making a purchase? No, but you’ll be able to get cash from ATMs. Please be advised that although Travelex does not charge ATM fees, some operators may charge their own fee or set their own limits.

Why is Travelex closed?

Foreign exchange firm Travelex has collapsed into administration, with the immediate loss of more than 1,300 jobs. The administrators said the impact of a cyber-attack in December and the ongoing Covid-19 pandemic had “acutely impacted the business.”

Does Travelex charge a fee?

The Travelex Online Rate At Travelex, we offer you $0 commission and a competitive market exchange rate when you buy foreign currency from us online, whether in cash or our Multi-currency Cash PassportTM card. These online rates are our exclusive online rate and are not available in-store.

Where is Travelex head office?

London, United Kingdom
Travelex/Headquarters

How does Travelex ATM work?

Travelex is a prepaid card issued by Mastercard. You can top it up via bank transfer from your bank account (using the 16 digits on your card as payment reference), or from the Travelex app. You can then use your card to withdraw cash from ATMs worldwide or make payments in any location that accepts Mastercard.

What are Travelex fees?

This table shows how much you pay for your Travelex Multi-currency Cash Passport services….FEES.

Card Purchase FREE
Domestic (UK) ATM Fee3 GB£1.50 EU€1.75 US$2.30 AU$2.30 CA$2.40 NZ$3.00 ZAR20

Is Travelex still in business?

Travelex Currency Services said in a memo to Hartsfield-Jackson last year that it was “in the process of winding down the corporation and has ceased all operations in the US.” It subsequently restructured the business and went through a series of cutbacks.

Is Travelex still operating?

On 1 July 2020, Travelex ceased its international money transfer services in the UK and abroad, it had formerly carried the branding ‘Travelex Wire’. On 6 August 2020, the business collapsed into administration with PwC being appointed to multiple subsidiaries within the business that day.

What is Travelex Commission?

Travelex is the largest retail foreign exchange company in Australia. They are licensed to provide currency in cash, drafts, foreign currency bank cheques, telegraphic transfers, travellers cheques and travel cards.

Does Travelex take coins?

Travelex does buy back coins of certain major currencies, such as 1- and 2- euro pieces. (Easing this cruel fact of a trip, Travelex’s Buy Back Plus Program assures that travelers can sell currency at the same rate at which they bought it, for an additional service fee.

author

Back to Top