Travelex international payments review

Enjoy fee-free transfers to 177 countries around the world when you send more than $5,000 overseas with Travelex

Travelex is a globally recognized provider of foreign currency services. As part of its services, Travelex International Payments allows customers to send money overseas to 177 countries. With more than 45 currencies supported and a simple online transfer process, Travelex allows you to send funds to your intended recipient on the other side of the world as quickly as possible.

In addition, if you transfer an amount larger than $5,000 you will not have to pay any transfer fee, which, combined with Travelex’s competitive exchange rates, helps make international money transfers more affordable. And if you register now, your first transfer is free.

Product NameTravelex International Money Transfers
Min. Transfer AmountUSD 0
Max. Transfer AmountUSD 0
Transfer Methods
Transfer Options
Regular paymentsOne off paymentsMarket ordersForward contracts...
Transfer Speed
Minimum transfer time
2 days
Banking PartnerTravelex
Customer Service
Exchange Rate UpdatesReal time


  • Home delivery available in select countries.
  • Some 45 currencies available.
  • Trusted, globally recognized brand.


  • May not have the most competitive exchange rates.

What is Travelex?

Established in 1976, Travelex is a globally recognized money transfer service that sends money in more than 45 currencies to 177 countries. Through Travelex, you can move cash or schedule regular transfers to bank accounts all over the world with better exchange rates than most banks.

How much does it cost to send money with Travelex?

Travelex is so confident about its competitive rates, it challenges you to find a better price anywhere within 30 minutes — and they’ll beat it. Its standard transfer fee is $5 for transactions below $5,000 with a minimum transfer of $500. Better yet, transactions above $5,000 are free. Compare that to US banks, which charge between $25 to $30 for similar transfers.

What do I need to send money through Travelex?

Before transferring money through Travelex, you’ll need:

  • A valid payment method. Your credit card, debit card or bank account
  • Your recipient’s name, contact information and banking details. Including the bank name, SWIFT code and account number.
  • Your contact and banking information. Including the account number and security information for the account you’re transferring from.

Fees and exchange rates

As a specialist provider of a wide range of foreign currency services, Travelex is typically able to offer better exchange rates than those you’d find at most banks. Whenever you want to send money overseas, you’ll receive a display of the relevant live exchange rate, allowing you to calculate the amount of money that will arrive in your recipient’s bank account in their local currency.

Travelex features a very simple fee structure. If you’re sending an amount less than $5,000, a flat fee of $5 will apply to your transaction. For transfers $5,000 or greater, the transfer fee is waived altogether. In other words, you can send larger amounts of money overseas without incurring any transaction fees.

Minimum transfer amount and available countries

In order to send money overseas using the Travelex International Payments service, you’ll need to transfer an amount of at least $500. You can send your funds in more than 45 currencies to 177 countries; however, there are certain destinations to which Travelex will not transfer funds.

These blocked countries include:

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Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 18.913 Online, Phone, Bank Account to Bank Account MXN 94,565 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 3 - 5 days USD 75.00 18.979 Online MXN
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
1 day USD 0.00 18.903 Online, Phone, Bank Account to Bank Account MXN 94,517 Exclusive exchange rate discounts
No-maximum limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 100 3 - 5 days USD 5.00 18.894 Online, Phone MXN 94,375 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
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What types of transfers can I make with Travelex?

Travelex allows you to transfer funds into your International Payments account via electronic funds transfer. You can then transfer money into bank accounts all around the world. The following options are available for sending your funds:

Additionally, Travelex is backed up by 24/7 customer service, with phone and email support available if you need help to complete a transaction.
How safe is Travelex?

The registration and transfer process

You’ll need to sign up for a Travelex account before you can transfer any funds. Registration can be completed online, which involves a simple process of providing your name, email address, country of residence and money transfer requirements.

Once you’ve registered you can transfer funds into your Travelex account via electronic funds transfer, and then you can start sending money overseas. You’ll need to provide details about how much money you wish to send, where you’re sending it and who you’re sending it to (including your recipient’s full name and bank account details).

Before you send any money you will get a chance to review the exchange rate and fee that applies to your transaction. If you’re happy with the cost involved, you can send your funds to most locations around the world.

Ready to send your money? Steps to make a transfer.

Step 1 Travelex Money Transfers

Step 2 Travelex Money Transfers

Step 3 Travelex Money Transfers

Step 4 Travelex Money Transfers

Read and agree to Travelex’s terms and conditions and E-Sign consent. Click “Next.” From here, you’ll select the amount of money you need to exchange. You’ll be directed to a payment page, where you’ll see a quote for your currency and instructions to complete the transaction. After choosing the time and place where you’d like to collect the order, you’ll receive confirmation. Pick up at your specified airport or Travelex outlet — and go!
Step 5 Travelex Money TransfersStep 6 Travelex Money Transfers

What happens next?

  • For Standard Delivery, your money typically arrives in 2 business days by 7 p.m. If you place your order before 4 p.m. EST, your Next Day Delivery will arrive before 7 p.m. the following day.
  • If there’s any delay, contact customer services at 877-414-6359 or

Pros and cons of using Travelex


  • Worldwide access. With the ability to send funds to 177 countries, Travelex can take care of the international money transfer needs of a wide variety of customers.
  • Multiple currencies. Travelex supports international money transfers in more than 45 currencies.
  • Fee-free transfers. Send more than $5,000 in one transaction and you won’t have to pay any fees. Even if you send less than $5,000, a flat fee of just $5 is still a manageable expense.


  • No cash. Travelex does not allow you to pay for your transaction in cash, and your recipient is not able to collect the cash you send from a Travelex agent in person.
Looking for an alternative? Compare services like Travelex to get the best rates and fees.

Frequently asked questions about Travelex

The smallest amount you can send using the Travelex International Payments service is $500.

No. Travelex International Payments does not allow you to pay for your transfer with a check.

Travelex service is backed up by 24/7 customer support, so you can get in touch with Travelex by phone or email whenever you need assistance.

When you enter the details of your international money transfer, you’ll be able to review the exchange rate and any fee that applies to your transaction. If you’re not happy with the rate, you don’t have to go through with the transfer.

Yes. Travelex allows you to take advantage of favorable market conditions by taking out a forward contract when a suitable exchange rate is available.

No. The funds will be sent to your recipient’s bank account.

Yes. Travelex uses 128-bit encryption technology to protect your personal and financial information submitted through its website. It’s also accredited by the Better Business Bureau.

Yes. You can even schedule a payment for a future date or get Travelex to watch the markets for you by automatically delaying your purchase until your currency hits the rate you decide.

For money transfers, you pay by electronic funds transfer — or a transfer from your bank account. Be aware that your bank may charge you a fee for EFT.

Travelex offers a competitive international transfer service to customers around the United States, and the world. Just ensure you compare the exchange rates, fees and benefits on offer with those of a number of other providers before deciding which company is best suited to handle your overseas money transfer.

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