Our Review on Travel FX: Pros and Cons
Pros: What we like :
✔ They are one of our most competitive currency suppliers, often showing the best exchange rates for travel money
✔ Option to pay by debit card or bank transfer
✔ Hassle-free home delivery of travel money
✔ Their services are safe, secure and regulated
✔ Travel FX reviews are very positive on popular consumer review sites and often report five star, excellent service
Cons: What we like less:
✓No options for money collection, you can't order currency and pickup at a local branch or bureau de change
Buy currency now with Travel FX
As Travel FX are a foreign currency broker they access wholesale rates that are updated every minute. Most banks and brokers, especially in high street branches, set their rate in the morning and do not move it throughout the day. If there is a major exchange rate movement during the day you will only benefit from it through Travel FX.
Travel FX makes most of their money on the difference between the exchange rate they offer to customers and the base exchange rate.
You can see all today's best exchange rates and easily compare all the providers with our holiday money comparison tool.
Travel FX holiday money is a delivery service only. They do not have a physical branch or bureau de change where you can collect currency.
See the latest Travel FX travel money exchange rates here or go here to compare the best tourist rates for all the travel money providers.
The minimum order is £300, with a minimum of £100 per currency.
If you request more than £10,000, Travel FX will need to carry out additional identity checks. in those cases you will need to provide a copy of your passport, driving license or officially recognized photo I.D. You will also need to provide a copy of a utility bill (not mobile phone) or bank statement dated within the last three months that shows your home address.
If you want to order travel money for home delivery, you just need to visit Travel FX’s website and you can place an order online.
You just need to enter the following information into a simple form:
- ✓ Your personal details
- ✓ The amount of pounds you’re exchanging into the foreign currency
- ✓ Select the currency you’re exchanging your pounds into and select how you want to pay. With Travel FX this has to be bank transfer.
Then, once you have made the bank transfer and Travel FX have received the payment, they will send you your travel money.
Yes, subject to minimum order values. Individual or combined orders below £700 attract a £5.00 handling fee. Any individual currency order below £300.00 will attract a £2 additional currency fee.
You can pay by bank transfer, internet or telephone banking, BACS or CHAPS. Travel FX does not accept cash payments into our accounts, card payments or Cheques under any circumstances.
Your travel money will be mailed to the delivery address you specify on your order, usually using Royal Mail Special Delivery Service.
If your order is above £700 there are no commission or postage charges to pay on your order. If your order total is below £700, a £5.00 handling fee will occur. Any individual currency order below £300.00 will attract a £2.00 handling fee.
If you specifically require a particular note denomination or a delivery time outside of the Royal Mail standard schedule then a charge may apply.
Travel FX only offer buyback for currency they have sold you. However, their partner company The FX Company do offer a buyback service on leftover travel money from any travel money provider . Click here to use our holiday money buy back comparison tool.
