Travelers Currency Exchange (TCX) is planning to expand its footprint in Canada.
Tony Flanz, President of Montreal-based Think Retail, which consults and represents international, national, and regional retail chains and is helping TCX in its expansion, said the company plans to open three new locations this year.
“Offering experienced, secure and reliable services, TCX brings to the table more than 40 years foreign exchange experience,” said Flanz.
“This marks the next phase of the company’s expansion in Canada.
In 2022, TCX strategically gained a strong hold of the market, taking over former International Currency Exchange locations in enclosed malls across the country and converting them to the TCX banner.
“We’re looking to open three kiosks. The markets of interest are B.C., Ontario and Alberta. The focus is on super regional malls. The size required is between 100 and 150 square feet.”
Currently, TCX operates two locations in British Columbia, one in Alberta, four in Ontario and nine in Quebec. The most recent opened in 2023 at Carrefour Angrignon in LaSalle.
“As travel, and with it the demand for foreign currency, continues to grow, the idea is to be easily accessible to customers. TCX is known for making the process of buying any type of currency easy and stress-free, with a handy Click & Collect service—customers simply order currency online and pick up at a convenient location, namely a shopping centre,” said Flanz.
TCX describes itself as “a foreign exchange provider that you can count on. Your travel money is important to us, which is why we do everything we can to help your purchase go smoothly. We believe that you should be able to concentrate on what matters-enjoying your time away. Experienced, secure and reliable, we have been taking the hassle out of foreign exchange for over 40 years.”
Customers can order currency online and pick up cash from one of the branches.
