OneSmart - Travelex - How Safe Are Balances?
A bit of a general question.
Have been loading my OneSmart card for a while now due to a pending trip to Europe in September 2020 (Now cancelled due to QATAR not entering NZ Market until October 25th 2020). Have about $10,000 NZD equivalent on the card in GBP, USD and Euro. Wondering how safe it is on there being held by Travelex? Thoughts..... |
Originally Posted by kiwicyclo
(Post 32401042)
A bit of a general question.
Have been loading my OneSmart card for a while now due to a pending trip to Europe in September 2020 (Now cancelled due to QATAR not entering NZ Market until October 25th 2020). Have about $10,000 NZD equivalent on the card in GBP, USD and Euro. Wondering how safe it is on there being held by Travelex? Thoughts..... Who holds/manages the money and FX for OneSmart? |
Quick look it uses the Deutsche Bank AG London as a trust. So in theory balances should be protected.
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