Travelex Retail Foreign Exchange

A Travelex Retail Foreign Exchange store at OR Tambo International Airport

Travelex Retail Foreign Exchange is operated in South Africa by FX Africa Foreign Exchange.

FX Africa Foreign Exchange is one of the largest specialised foreign exchange businesses in South Africa. The company is licensed by the South African Reserve Bank to trade in certain foreign exchange products and services.

51% of the issued share capital of FX Africa Foreign Exchange is held by the Thebe Tourism Group, a subsidiary of Thebe Investment Corporation. Thebe is one of the oldest broad based black economic empowerment companies in South Africa. 49% of the issued share capital is held by Travelex Limited.

Since 2001, FX Africa has grown from 2 to around 52 branches in South Africa.

FX Africa is looking to expand further into the South African market, particularly in mainstream shopping centres, and to gain larger corporate accounts.

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