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Tuesday, 10 November, 2015, 16 : 00 PM [IST] launches Forex Mobile App

Thomas Cook (India) Ltd, launched its ‘Foreign Exchange app’, a one-stop-shop for foreign exchange transactions. Thomas Cook India’s having identified a blue ocean potential for secure and convenient foreign exchange transactions, created its Foreign Exchange app. 

Thomas Cook’s android mobile app features live rates across major global currencies including USD, Euro, Swiss Franc, to cover both buying and selling of foreign exchange; also a Block my Rate option as protection against rate fluctuations. The application also provides customers a tool of Rate Alerts for specified currencies via SMS & Email. 

Features include:

- Customers can buy foreign exchange for up to 4 travellers (Cash, Traveller’s Cheques and the Thomas Cook Borderless Prepaid Card) via a secured payment gateway

- Door step delivery 

- Tracking of foreign currencies and trends via Live Rates feature 

- Reload facility for the Thomas Cook Borderless Prepaid Card, with up to 8  currencies

- Currency Converter to calculate the rate (both buy and sell rates) 

- Rate Alerts feature for prompts via SMS / email.

- Branch Locator to locate the nearest Thomas Cook Branch or to find a branch in a given location

- Option to request for Remittances (Money Transfer) 


Commenting on the launch of the app, Amit Madhan, COO - IT & E Services, Thomas Cook (India) Ltd, said, “Thomas Cook India’s internal research has highlighted that while over 40% of our online transactions are via a mobile device, for foreign exchange this is truly noteworthy- at over 65%. Hence launching our Thomas Cook Forex app was clearly the need of the hour.”

He added, “With mobile data reiterating the Indian travellers’ shift to mcommerce, coupled with India’s booming smartphone market, as pioneers in the Foreign Exchange space we are delighted to present he first ever mobile application and its slew of unique and customer empowering features for India’s Forex consumers on the go.” 

The mobile application is available on Android (2.3.3 and onwards), with iOS expected in the next 2 months.


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