Concessionaires

Travelex offers a complete cash management service that is unparalleled by any of its competitors. Our service can be individually tailored to best suit your needs and will allow you to focus on your core business.

Benefits of the Travelex cash processing service include:

  • Full cash processing facilities onsite at the airport
  • Airport opening hours, seven days a week, throughout the year
  • Added security as no need to move cash off-airport
  • Security Cash In Transit service*
  • Drop safe facilities*
  • End of Day Takings security
  • Preferential exchange rates on all purchased currencies
  • Daily exchange rates by email
  • Dedicated relationship manager

* Larger sites only

For more information contact concessionairesuk@travelex.com

Retailers

As the world's largest foreign exchange retail network, we pride ourselves on providing a world-class concessionaire service to other retailers:

  • Daily 'e-Cash processing' Facilities: Including next day BACS or CHAPS payments
  • Daily Cash Management Information - bespoke to fit your existing software
  • Daily email of payments made
  • Matched KPI Reports
  • MI by variable factors: Location, Date, Differing Currencies and Sterling
  • Secure Cash in Transit Solutions
  • Dedicated Relationship Managers at both a local and national level
  • Specialised cash processing rooms*
  • Proccessing of all bank giro credits
  • Supplying all stationery and Security Cash in Transit requirements
  • Key holding facilities
  • Daily supply of coin
  • Open credit facility for encashment of company cheques and petty cash
  • National contracts
  • Support with training needs
  • Joint promotional activities

* Larger sites only


For more information contact concessionairesuk@travelex.com

Airlines

Travelex currently offers a wide variety of services to airlines at many gateways around the globe. Our unrivalled experience in the concessionaire business allows Travelex to provide innovative solutions for any cash management challenges your business may have:

In-Flight Cash Processing

The ability to process all sterling and foreign exchange takings from flights:

  • Sterling cash will be sight checked on opening of bags and reconciled
  • Sterling cheques will be counted and reconciled
  • Sterling Travellers Cheques Counted and reconciled
  • Foreign Currency banknotes will be counted and reconciled
  • Foreign Currency Travellers Cheques will be counted reconciled
  • All reconciliation input directly on the Airlines own software system
  • Daily MI Reports
  • Funds credited by electronic payments
  • All Flight bags can be collected from crew rooms or designated place by Security
  • Cash in Transit carrier
  • Travelex can manage all Security Cash in Transit collections
  • Unique network coverage of Airport locations

Additional Airline Services

  • The opportunity to facilitate customer payouts through the Mastercard pre-paid currency card (Travelex Money Card)
  • Collection of Excess Baggage charges and Excess Value charges
  • Crew allowances
  • Ticket sales cash processing
  • Exchange rate improvement on currencies purchased
  • Refunding of tickets and Miscellaneous Charges Orders (MCOs)
  • Payments for denied boarding and/or downgrade compensation
    taking payment for cargo concessions
  • Encashment of Petty Cash Vouchers from passengers and airport staff
  • Encashment of Salary Advance Vouchers
  • Processing composite reimbursements
  • Exchanging foreign currency when required
  • Emergency cash
  • Duty travel funding
  • Change on demand
  • Registration, care (and subsequent cash processing if appropriate) of cash lost property found on aircraft
  • Accepting Charity envelopes for processing
  • Daily cash processing facilities
  • Bank giro credits service
  • Back office functions including reconciliation and General Ledger input
  • Other accounting services, specifically document forwarding, document retention, query resolution, reimbursement schedule
  • Relationship management at a local and national Level
  • Joint promotions
  • Loyalty awards /points arranged with Airlines

For more information contact concessionairesuk@travelex.com