22 October 2017
Register now

UK's Post Office launches pre-paid currency card

07 June 2006  |  10896 views  |  0 wallet

The UK Post Office is introducing a reloadable PIN-protected payment card designed to replace paper travellers cheques.

The Post Office says users of the Travel Money Card will be able to load funds onto the card by cash, cheque, debit or credit card at Post Office branches throughout the UK, while travellers abroad will be able to call a telephone number to top up balances.

The card will enable holders to make purchases at retail outlets worldwide and withdraw money from Visa ATMs globally.

The company says the card carries a one-off purchase charge of £10 and is avilable in three currencies - sterling, euros and US dollars - and will be valid for two years.

Kevin McAdam, head of travel & leisure, Post Office, comments: "Our Travel Money Card is extremely secure with its own PIN and has a built in safety net, so you can't spend more than the balance on the card, offering customers not only convenience, but peace of mind when it comes to holiday spending."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

National Australia Bank introduces travellers cheque card

National Australia Bank introduces travellers cheque card

18 October 2005  |  7774 views  |  0 comments
Bank of Ireland inks ATM deal with UK Post Office

Bank of Ireland inks ATM deal with UK Post Office

18 July 2005  |  19707 views  |  0 comments
American Express launches travellers cheque card

American Express launches travellers cheque card

18 May 2005  |  10489 views  |  0 comments
MasterCard Europe and ICE deliver card-based travellers cheques

MasterCard Europe and ICE deliver card-based travellers cheques

04 May 2005  |  9434 views  |  0 comments
Bank of Ireland to partner UK Post Office in financial services JV

Bank of Ireland to partner UK Post Office in financial services JV

08 October 2003  |  12022 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.atos.netvisit www.innotribe.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
11441 views comments | 17 tweets | 24 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
11260 views comments | 22 tweets | 27 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9287 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8357 views comments | 10 tweets | 22 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8331 views comments | 9 tweets | 18 linkedin

Featured job

circa £250K total package
London

Find your next job