TravelersBox for converting your unused currency

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Small Business Marketing Strategist, Author and Public Speaker John Hayes has spotted a new service which includes PayPal at Istanbul Airport.

He was in Istanbul speaking at the 10th Annual Turkey Call Center Expo where he talked about integrating social media activity in the call center environment. John was very impressed with the whole set-up, as an emerging economy – Turkey has some very smart tech companies and high caliber entrepreneurs.

TravelersBoxBack at the airport John’s impression of Turkish tech continued when he spotted a TravelersBox. TravelersBox have developed a new service which enables depositing coins and bills into TravelersBox stations to be converted directly into gift cards or make a donation.

One of the options is have the cash deposited into your PayPal account. In Turkey you can deposit Turkish Lira, USD, EURO and Russian Ruble, at their one box in the UK at Manchester airport you can deposit Sterling coins or Euros.

It’s an interesting service with a fee similar to the coin counting machines you see in supermarkets. TravelBox charge 5-15% will apply depending on the deposit amount, which might sound a lot, but then how many of us have a jar full of change which we fully intend to take next time we travel abroad but inevitably forget about?

Currently TravelBox have three locations in Turkey and one in the UK, but doubtless they will have more installations soon and competitors will also spring up to service other airports around the globe.

3 Responses

  1. How can you “forget” your jar of change?

    Put your Passport in the jar, then you’ll remember it.

    If you are the forgetful type then just to be really safe, keep your toothbrush there as well!! 🙂

  2. Alternatively you could go into your local Charity Shop most of which will be very happy to take from you Old UK Currency(£sd or early Decimal) or foreign monies. They have arrangements with such as Banks or Coin Collectors and can change this currency into cash to help their particular charity.

  3. There is of course an alternative use for the monies that invariably end up in a pot at home. That is to give it to a young member of the family or perhaps a child of a close friend. The purpose so that they can develop an interest in Collecting Coins…That is how I started way back when the earth was still young.

    When the Roman Legions had left these shores my parents gave me the last Roman Coins that they had and I started from there(well perhaps not that long ago but the principle is the same). Old Victorian Coins, £sd coins, Large Decimal Coins, Foreign Coins etc. All make a good starting point for the foundations of a Coin Collection.


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