Continuing to make progress in terms of its recovery, Travelex has announced that the first of its customer-facing systems in the UK are now up and running and the phased restoration of its systems globally is now firmly underway.
The firm revealed it has successfully tested the in-branch systems used by front-line staff to provide foreign exchange services in its own and its partners’ stores in the UK.
Tony D’Souza, CEO of Travelex, said: “We have made good progress in our recovery and I’m pleased to say our first customer-facing systems are now successfully live. We have a clear strategy for the phased restoration of services, prioritising the UK as this is our single largest market.
“We have started restoring forex order processing electronically in our UK stores and in some of our UK retail partner locations, and we are also now starting our VAT refund service in UK airports. Our priority throughout our recovery is to ensure that systems are brought back up in a controlled, secure and managed way.
“In addition to the restoration of some retail capabilities, we are also now in the advanced stages of testing the systems supporting bank note orders by our UK high street banking partners.
“I would like to thank our partners and customers for supporting us and confirm we will continue to restore systems as quickly as possible.”
The company is starting to restore these systems in a number of Travelex branded stores and UK retail partner stores as part of a phased global roll out. These systems in some Travelex bureaux in the UK are already up and running and the company expects to begin testing in some Travelex branches outside the UK this week.
The testing of the systems supporting UK VAT refunds is also near completion, which will enable Travelex staff to electronically log VAT refunds via its systems in airport branches in the UK.
The company has decided to take a phased approach to ensure the integrity and security of its systems and therefore certain limitations will be in place as the company moves towards restoring full functionality across the entire Travelex estate.
