I love to travel. Don’t you? Well, that is, if one makes abstraction of the headaches of getting the tickets and visas, getting through the security checkpoints and managing on-board rage and the occasional delay. On another note (so to speak), there is pleasure of discovering new cultures and currencies. Do you remember when you instantly became a millionaire upon visiting Poland? Then, you get back home and realize that you still have foreign currency stuffed in a back pocket. I used to stash this money into labeled envelopes, a way to remember my trips, I thought. Not much use, really, especially when you find yourself in the plane on the way back to a country whose currency is still stuffed neatly in that envelope back in your drawer. Going to a foreign exchange desk has always seemed like a necessary punishment. First, you have to go find a bureau, annoyed about how they won’t accept the coins, and knowing you will get nailed with exacting commissions and fees. Enter Fourex, providing self-service forex currency exchange, that one might broadly call a “fintech” initiative.
Fourex – self-service forex
I came across this Fourex booth, below, at St Pancras/Kings Cross tube station (at the entrance to the Hammersmith/Circle line). There are two booths there. In fact, these are two of only four in operation at this point. Find a booth here as they are planning to expand.