Travelex, a provider of international payments and foreign exchange solutions, has expanded its services by opening new office in Vancouver, Canada.

The new Vancouver location will serve as a foothold for Travelex across the Western Canadian market. With this expanded presence, Travelex is positioned to deliver service and expertise to its growing North American clientele and position the company for continued growth.

In support of its Canadian expansion, Travelex has increased its staffing levels by more than 40% and will hire across the country, continuing to add to the workforce in the next year. In addition to on-the-ground support, Travelex will be continuing to launch new products and services to help support Canadian-based companies or those who do business in the region.

Roy Farah, general manager of Travelex Global Business Payments in Canada, said: “We are making a long-term investment in developing our Canadian footprint. The Vancouver location is an important step in our business growth. With an on-the-ground, local presence in Toronto, Montreal and now Vancouver, we are able to better service our existing clients and look forward to forming new client relationships in the region.”

Travelex has done business in Canada for over 25 years and expects to open additional offices in the years to come.