Travel Accident Insurance & Foreign Exchange

Description

With over 200 stores across the United States, our retail team, together with our other regions around the globe, forms the world's largest retail foreign exchange network. We provide international travelers with foreign exchange services and products at many of the world's major airport and seaport gateways, as well as in downtown, suburban and key tourist areas. Travelex also has a retail presence in USBank locations.

USForex will pay Travelex 50% of net revenue arising from USForex’s provision of Travelex International Payments services. Net revenue is the revenue arising from foreign exchange margins (or spread) and fees less all costs incurred in providing the services including but not limited to administrative costs, compliance costs and sales and marketing costs.

Currency Services can represent a new revenue stream for many financial institutions. Providing these services will not only increase profit, but more importantly customer satisfaction and loyalty. Travelex is the preferred partner for foreign currency solutions and has a proven record for delivering incremental revenue.

Travelex is committed to maintaining the highest level of professional and ethical standards in the conduct of its business affairs. It is critical we maintain our strong reputation for honesty and integrity. These have been core values of Travelex since it was founded in 1976.

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