Travelex Global Business Payments Opens Vancouver Office Further Expanding Canadian Presence

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Tue Apr 6, 2010 8:30am EDT

WASHINGTON--(Business Wire)--
Travelex, a leading provider of international payments and foreign exchange
solutions, announced today that it is expanding its presence into Western Canada
with the opening of its Vancouver office. 

The new Vancouver location will serve as a foothold for Travelex across the
Western Canadian market. With this expanded presence, Travelex is better
positioned to deliver high touch service and expertise to its growing North
American clientele and position the company for continued growth. 

"We are making a long-term investment in developing our Canadian footprint,"
said Roy Farah, General Manager of Travelex Global Business Payments in Canada.
"The Vancouver location is an important step in our business growth. With an
on-the-ground, local presence in Toronto, Montreal and now Vancouver, we are
able to better service our existing clients and look forward to forming new
client relationships in the region." 

In support of its vigorous Canadian expansion, Travelex has increased its
staffing levels by more than 40 percent and will aggressively hire across the
country, continuing to add to the workforce in the next year. In addition to
on-the-ground support, Travelex will be continuing to launch innovative products
and services to help support Canadian-based companies or those who do business
in the region. 

Travelex has done business in Canada for over 25 years and expects to open
additional offices in the years to come. 

The Vancouver office is open for business and fully operational. The office is
located at 1030 West Georgia Street, Suite 1318 in Vancouver, British Columbia
V6E 2Y3. A representative can be reached at +1 (604) 683-1430. 

About Travelex Global Business Payments

Travelex is a global foreign exchange specialist providing the payment and
receipt of domestic and international funds for businesses of all sizes. For
more than 30 years, Travelex has provided clients with sophisticated market
knowledge, leading edge technologies and practical and innovative solutions
tailored to individual requirements. 

Every year, Travelex processes payments around the world over 35,000 businesses
to one million beneficiaries. 

For more information, visit www.travelexbusiness.com/na. In the United States,
services are provided by Travelex Global Business Payments, Inc. or Travelex
Currency Services. In Canada, services are provided by Travelex Canada Limited.

Travelex Global Business Payments
Media Contact:
Kristen Lewko, +1-212-850-5756
Kristen.Lewko@fd.com

Copyright Business Wire 2010

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