Travel Money opens first retail store in Bhubaneswar

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Bhubaneswar: Travel Money, the flagship Foreign Exchange brand of FCM Travel Solutions, Indian subsidiary of Flight Centre Travel Group Australia, strengthened its presence in the state of Odisha with the opening of their first store in the capital city of the state, Bhubaneswar. The Travel Money store was inaugurated by Mr. Gagan Malhotra, Vice President, Foreign Exchange, FCM Travel Solutions India Pvt Ltd. This expansion augmentsthe total number of outlets to 41 Travel Money stores across India. Acknowledging the increase in demand and trends in the travel space and from the travel enthusiasts, Travel Money stores have been designed to give consumers a convenient accesswith an unbeatable pricing and quality related to Foreign Exchange. Spread over 1185sq. ft at Kharavela Nagar, the store offers a great deal of foreign exchange services such as Buy & Sell Foreign Currency, Travel Card for business or leisure activities and Outward Remittances for Educational or Close relative maintenance. Expressing his thoughts on the launch, Mr. Gagan Malhotra, Vice President, Foreign Exchange, FCM Travel Solutions India, said,“We are extremely thrilled to announce our first store in state of Odisha, and no location would have been better to enter the region than the temple capital, Bhubaneswar.This is our second store in the Eastern Region of India and is an amplification of our strategic intent at Travel Money, FCM – to expand our foothold across essential markets in India. Disposable income is increasing, hence the number of people able to afford travelling in India is increasing as well. After booking a holiday, the next logical step is foreign exchange. To increase the significant growth of outbound tourism in India, we aim to deliver quality and convenience in all aspects of foreign exchange including remittance for students, Leisure & Business travel, Prepaid Travel Cards, and much more to our travellers.”He further added, “Our new branch at Janpath, Kharavela Nagar is at a prime location which will give our consumers an easy access. With our distinctive and innovative consumer centric services witnessing a strong uptake, our foreign exchange business is witnessing an impressive 133% uptake in 2018, compared to last year.”Travel Money’s current footprint extends to a total of 41 stores across India in all major cities including Delhi, Gurgaon, Mumbai, Pune, Ahmedabad, Chandigarh, Bangalore and Cochin, Nashik, Aurangabad via a combination of owned branches and franchise outlets. Services at Travel Money Include:• Complete range of products including currency notes and prepaid foreign exchange travel cards with the best rates• Caters both buying and selling foreign exchange for Leisure travel, Business travel, Medical Treatment, Education, Emigration and Employment.• Open all 7 days of the week • Home and Airport Delivery of currency • Outward Remittance facility and Instant forex cards and reloads

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