Capitol Federal Savings Signs Agreement with Travelex
Capitol Federal Savings Signs Agreement with Travelex for Currency Services World’s Largest Foreign Currency Provider to Meet Growing Demand
New York - 14th October , 2010 – Travelex, the world’s largest non-bank foreign currency provider, announced an agreement to provide currency services to Topeka, Kan.-based Capitol Federal Savings.
The agreement allows Capitol Federal Savings, with assets of more than $8 billion, to capitalize on the growing demand for innovative and convenient currency-related product solutions. Travelex will provide banknote services at Capitol Federal Savings’ 45 branch locations in Kansas and Missouri.
According to Frank H. Wright IV, Senior Vice President of Retail Banking Operations at Capitol Federal Savings Bank, Travelex was chosen for its ability to offer its customers the convenience of obtaining virtually any currency within two business days – safely delivered directly to their home. “Travelex is the leader in the field and provides us with the opportunity to offer our clients safe, secure currency options,” said Wright. “It is our goal at Capitol Federal to provide the best and most innovative services. Travelex helps us to achieve this goal.”
Jon Dario, President, Travelex Currency Services, Inc. expressed his company’s enthusiasm for the partnership. “Capitol Federal Savings represents an outstanding new partner for Travelex as we continue to meet the demand for convenient and comprehensive currency services,” said Dario.
Travelex provides currency services solutions to more than 1,500 partner financial institutions in the U.S. and Canada, including banks, credit unions and travel agents. As the world’s trusted source of foreign exchange, Travelex offers the safe, smart solution for financial institutions. Travelex provides foreign currency in the form of bank notes, pre-paid Cash Passport cards, wires and drafts, allowing partners to protect their customer base by meeting currency demands.