COVID-19 Response - Update as of June 2, 2020

JUNE 2, 2020 MEMBER ALERT: Our Express Branch and Lending Center at 1725 I Street NW will be closed until further notice due to limited access to our facilities. Please use Digital Banking to access your accounts 24 hours, 7 days a week, visit a CO-OP ATM near you, or contact us at 202-212-6400 for assistance. Updates will be posted as soon as possible.

Travelex Benefits

Wherever you may find yourself in the world, be sure to carry a BFSFCU Credit or Debit Card to get a great deal on purchasing and selling foreign currency.

Travelex, our foreign exchange services provider, will grant BFSFCU members with an instant transactional rate discount of 3%, along with no fees, when buying or selling foreign currency at any of their stores across the United States and Canada. Simply present your BFSFCU Credit or Debit Cards when performing these transactions to automatically qualify for the rate discount.

How does the rate discount work?

The 3% discount is a reduction of the margin/mark-up with no fee on the transaction. The standard mark-up/margin may be different at each Travelex location and different for each currency. The 3% reduction will be taken at the time of the transaction and will be a reduction of the standard base-rate offered for purchase and sale transactions of foreign currency. You must present your BFSFCU Debit or Credit card to be eligible for the promotion, but you are not required to pay with it.

Visit the Travelex Store Locator for the nearest Travelex store or ATM within the United States.

Foreign Currency Discounts are Also Available Worldwide

Members traveling in select countries may also receive currency exchange discount benefits, by simply presenting a BFSFCU Credit or Debit Card. Please refer to the chart below for countries and the specific discounts offered to our Members by Travelex.

Table data for Travelex Rate Discounts
Country Discount Alert Me
Australia 50% off Commission
Bahrain 0% Commission
Belgium 0% Commission
China 50% off Commission
Czech Republic 0% Commission
France 0% Commission
Germany 0% Commission
Hong Kong Receive a 1% improvement on the advertised in-store rate
India 0% Commission
Italy 0% Commission
Japan Receive a 0.5% improvement on the advertised in-store rate
Netherlands 0% Commission
New Zealand 50% off Commission
North America 0% Commission and a 3% discount
Oman 0% Commission
Qatar 0% Commission
South Africa 0% Commission
Switzerland 0% Commission
United Arab Emirates 0% Commission
United Kingdom 0% Commission

You can pay for your foreign currency with cash or use your debit card with a PIN to complete your transaction. Please note that if you pay by credit card, it may be recognized as a cash advance, and charged as such, because you will be purchasing currency.

While BFSFCU members enjoy discounts on foreign currency transactions at Travelex stores, you may also withdraw US Dollars and foreign currency surcharge free at Travelex ATMs located in the United States, Belgium, France, Hong Kong, the Netherlands, New Zealand and the United Kingdom.