Travelex Starts Post COVID Revitalization In Ghana

Global market leader in foreign exchange supply, Travelex, has kicked up a post-COVID pulse with a conference in Ghana.

In early May, the foreign exchange behemoth participated in a conference to gauge the post-COVID situation and explored paths for recovery and growth, particularly in Africa, with Ghana as an important fulcrum.

The conference drew participants from mainly, licensed forex operators in the country along with the Bank of Ghana.

Founded in 1976, Travelex which is differentiated by its brand and market footprint over the past 45 years has built a network of foreign exchange stores and developed the company as a trusted and widely recognized brand in international money.

“Our mission is to simplify our customers’ access to international money, however and whenever,” Travelex explains at a media engagement in Accra.

Travelex operates across over 20 countries and covers the entire value chain of the retail foreign exchange industry.

In their retail business, they operate over 1,100 stores in some of the world’s top international airports by international passenger numbers and major transport hubs, premium shopping malls, high street locations, supermarkets and city centers.

Travelex also has a growing network of over 900 ATMs at both on-airport and off-airport locations around the world. It in addition offers a range of remittance and international money transfer products around the world.

“Travelex successfully completed a major restructure of the business in August 2020, to provide a new and robust capital structure. This has secured the future of Travelex and laid the foundations for a post-COVID-19 world where the travel industry and trade generally starts to recover,” the company says.

In addition, Travelex is a market-leading supplier of wholesale banknotes, trading over 80 currencies to hundreds of global financial institutions and central banks.

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