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Tue 10 Mar 2020 05:18 PM

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Forex giant Travelex signs deal to operate in new Bahrain airport terminal

London-based foreign exchange specialist inks five-year contract with Bahrain Airport Company

Forex giant Travelex signs deal to operate in new Bahrain airport terminal

The new passenger terminal, which will boost the airport’s capacity to 14m passengers every year, spans approximately four times the footprint of the existing terminal.

London-based Travelex, a foreign exchange specialist, has extended its contract with Bahrain International Airport (BIA) to operate multiple outlets at the new passenger terminal building.

Travelex said it has signed a five-year contract with Bahrain Airport Company, successfully winning a tender to provide currency exchange services.

Bahrain Airport Company CEO Mohamed Yousif Al Binfalah and Travelex managing director Tom Fane signed the agreement.

Travelex will operate four stores in the airport’s new terminal, with two stores located at landside, accessible to the public, and two more at airside, after passengers pass through security and immigration.

Retail areas at the new terminal will be three times larger than at the existing airport.

The new passenger terminal, which will boost the airport’s capacity to 14m passengers every year, spans approximately four times the footprint of the existing terminal.

Al Binfalah said: Travelex has been a trusted partner of Bahrain Airport Company for many years, and we look forward to offering a full range of foreign exchange services that meet travellers’ last-minute requirements.”

Fane added: “We remain committed to delivering the same high quality at our new branches within the new passenger terminal building. Bahrain’s new terminal will serve many more travellers than ever before, and many of them will look to the airport to provide convenient foreign exchange at competitive rates.”

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