Travelex Currency Services (TCS) is now the world's leading supplier of outsourced foreign currency services, fulfilling individual travel money orders for the retail customers of major high street banks, travel agencies and financial institutions. Royal Bank of Scotland is a 20% shareholder in this business.
Travelex Currency Services' customer base in the UK includes high street banks, a number of building societies and major travel agency chains.
Outsourced foreign currency services are also provided to financial institutions in North America, Australasia and mainland Europe making use of similar facilities in each region.
Travelex is committed to providing resources to support Currency Services' business growth and is undertaking ongoing investment to ensure that it remains the largest and most automated foreign currency fulfilment business in the world.