Travelex Limited
Offered a flat commission but then charged a disgusting exchange rate
- 08-07-2011
- 11
At Sydney Airport I saw a Travelex currency exchange kiosk. I decided to change a small amount of money for my destination. The person told me they provide a flat fee commission of $8 if I exchange $500 or more. I agreed to do that.
When I got to the destination I discovered that the exchange rate they used was 20% off the mid rate for the day.
It was a dirty trick to give me the impression I was getting a good deal by exchanging more money and "receiving" a flat commission. It must be horrible to earn your money by constantly ripping off innocent travellers.
Company: Travelex Limited
Country: Australia
City: Sydney
Address: Level 12, 1 Margaret St
Site: travelex.com.au