Travelex has opened its new Foreign Currency ATM click-and-collect service at London Heathrow, which enables travelers to buy foreign currency online in advance of their trip, then collect it from an ATM at any time of day.
Travelex said it believes the service is an industry first.
To use the service, travelers place an order in advance on Travelex's website. Then, they use their phone and credentials to collect the funds from an ATM. There are no collection fees.
Right now, customers can withdraw up to $800 in U.S. dollars or 800 euros via the ATMs, located in Terminal 5.
More currencies and locations are expected in the future. Next on the slate of airports to offer the click-and-collect service is Brisbane in Australia, expected to be available in the coming weeks.
The new service comes as Travelex puts an increased emphasis on new digital solutions to serve its customers.
"Customer trends continue to shift, and as they do so, we are pleased to be able to provide foreign currency cash solutions in new innovative ways, alongside our portfolio of digital products, including pre-paid currency cards," Dan Gilby, Travelex's strategy and products director, said in a release.
CORRECTION: The headline on this report was updated on Aug. 17 to indicate that it is the click-and-collect service that is debuting. The original headline said the ATM was debuting; Travelex already operated ATMs at Heathrow as well as at a number of other locations worldwide.