Where do I start - Travelex Foreign Exchange (2024)

Foreign Exchange for the un-iniated, be it for your own personal use or for your business, can be daunting to say the least. We endevour to take the mystery out of Foreign Exchange, and make it work for you.

Where do I start - Travelex Foreign Exchange (1)

FOREX FOR LEISURE TRAVEL

Before approaching us for your Foreign Exchange for your Leisure travel, please ensure you have the following documents ready:

  • Valid Passport
  • Proof of travel, Air ticket (departure within 60 days)
  • Proof of address

These documents are required ito SARB Exchange Control Rulings and the FIC Act.

what can be used as proof of address?

With these documents ready, you can either call us, visit your closest branch or enquire online. It’s that easy!

Where do I start - Travelex Foreign Exchange (2)

FOREX FOR BUSINESS TRAVEL

  • We offer various travel related services for corporate clients including FREE delivery. For more details on these products and services and the regulatory requirements please contact the branch nearest to you.

Visit your closest branch or enquire online. It’s that easy!

or Enquire Online

Where do I start - Travelex Foreign Exchange (2024)

FAQs

How to use Travelex? ›

Arrive at the ATM and insert your bank card. Select a currency and check the exchange rate on the screen, along with the total amount you'll receive (you'll have the option to cancel your transaction at this step should you change your mind). Receive your currency and enjoy your trip!

How does Travelex currency exchange work? ›

We operate over 800 Travelex ATMs around the world. Our ATMs allow customers to purchase foreign or local currency simply by using their card. This self-serve option provides exchange rates displayed on screen and currency that is dispensed in less than a minute.

What do you need to exchange money at Travelex? ›

Before approaching us for your Foreign Exchange for your Leisure travel, please ensure you have the following documents ready:
  • Valid Passport.
  • Proof of travel, Air ticket (departure within 60 days)
  • Proof of address.

What has happened to Travelex? ›

Formerly part of now-defunct Finablr, Travelex's fortunes quickly turned due to the coronavirus pandemic and a cyberattack that forced it to temporarily disable its systems. It then went through a pre-pack administration that led to more than 1,300 job losses and saw its creditors seize control.

Can you use Travelex in USA? ›

The Travelex Travel Money Card can store USD for your travels in the USA. With the travel card, you can enjoy fee-free cash withdrawals, load multiple currencies, and automatically transfer funds online.

Is Travelex in the USA? ›

Travelex in the USA

You'll find us in hundreds of locations across the USA, and you can either visit our store locator to find your nearest one or take a look at our list of stores by state for more details.

Is Travelex a good deal? ›

Travelex has better online rates than your bank so you can lock in a good initial loading rate and save. Plus they don't charge you ATM fees while you're overseas. Unfortunately, all of these conveniences comes with a high price tag.

Is Travelex still operating? ›

Travelex is the world's largest retail foreign exchange specialist. You can find us in 1,400 Bureau de Change outlets principally located in airports and tourist locations in over 100 airports, across 26 countries.

Is Travelex the best currency exchange? ›

Travelex have a number of handy store locations including the airport - but it's not your cheapest option. Exchange rates in-store aren't as good as online unless you are doing a larger amount over $2,000 and are prepared to negotiate. Even then, they may not offer you a rate as good as their own website.

What is the minimum amount for Travelex? ›

How much foreign currency can I purchase or how much can I load on a Travelex Money Card? PURCHASE online: You can order between $350 and $5,000. Orders containing Cash for store pick up have a minimum order value of $350.

What do you need to start a currency exchange? ›

What You Need to Know
  1. Application fee.
  2. List of owners, partners, and stockholders, with work history and background checks.
  3. Surety bond.
  4. Business entity documents (articles of incorporation, fictitious name statement)
  5. Proof of workers' compensation insurance.
  6. Personal financial statement.
  7. Credit bureau report.

Can I exchange cash at Travelex? ›

If your itinerary includes countries outside of the eurozone, you can choose from 50+ cash currencies. Buy before you fly and collect in-store or get free home delivery (Travelex Money Card only).

Do Travelex charge fees? ›

Some providers may charge you for using your card abroad, but we do not charge spending fees3 on our Travelex Money Card.

Where is the best place to do money exchange? ›

Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees. Here's how financial institutions — and a few other places — can help exchange currency near you.

Why use Travelex? ›

Pros of Travelling with a Travel Card

The Travelex Money Card lets you load up to 10 different currencies, making travelling to different destinations in the one trip easier, plus easily manage your travel money on the go with the Travelex Travel Money App.

What is the best way to get cash when traveling internationally? ›

Ways to get cash:
  1. Your bank: See if your bank can order you some foreign currency prior to you leaving. ...
  2. The airport: While at international airports, you will typically see currency exchange offices. ...
  3. ATMs: Likely a common way you will access local currency is by using the ATM.

Is a Travelex card worth it? ›

Travel cards offer several advantages that a credit card can't compete with, including the ability to load multiple foreign currencies, secure PIN protection, locked-in exchange rates, no foreign transaction fees, online account management, and the option for emergency assistance.

Should you exchange currency before I travel? ›

Before your trip, it's best to do a currency exchange at your bank or credit union, which likely offers better rates and fewer and/or lower fees. Your bank or credit union may buy back leftover foreign currency in exchange for dollars when you return.

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