BFSFCU was just notified that Travelex, our current international wire and foreign currency exchange services provider, will soon be suspending operations in the US. However, in light of earlier disruptions to Travelex’s service, BFSFCU had already been exploring alternatives, and we are pleased to announce that Western Union Business Solutions (WUBS) has been contracted as our new international wire services partner. Details about the effective date of the transition to WUBS will be announced soon.
We know how important it is for our members to make international wire transfers; that’s why we have selected a world leader in international wire services and have been working diligently over the past few months to prepare for this new offering. WUBS is one of the go-to international payments provider trusted by more than 1,000 financial institutions. Our members will now have access to send payments in over 130 currencies to more than 200 countries and territories in addition to receiving payments in over 30 currencies.
We are committed and focused on ensuring a successful and seamless transition. As a reminder, we will continue to accept incoming and outgoing international wires; however, foreign drafts, foreign check cashing and ordering foreign currency online remain temporarily unavailable.
Foreign Exchange ATMs remain available until Friday, August 21, at the following locations:
- IMF HQ1 – 700 19th St NW, Washington, DC, 1st floor, Cedar Hall Corridor
- IMF HQ2 Branch – 1900 Pennsylvania Ave NW, Washington, DC
We are pleased with our new partnership with WUBS, and we will continue to communicate updates and more details on this webpage.