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zack18
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What's the smallest amount I’m allowed to withdraw from my Travelex account in a single transaction?

Broker Issues
Travelex
Withdrawal
Deposit
05-22
United States
WikiFX
Reply

As someone who always pays close attention to the fine print before working with a broker, I made sure to investigate Travelex’s specific terms when I opened my account. In my experience with Travelex, I found that their platform provides detailed information on minimum deposit requirements—AUD 350 (or currency equivalent) for online and app use, and AUD 100 for in-store transactions. However, the minimum withdrawal amount for a single transaction isn’t explicitly listed in their public documentation or platform summaries. This lack of direct information is not unusual among brokers that focus primarily on currency and travel cards rather than conventional trading accounts. I have learned that, when details like this are unclear, it is prudent to reach out directly to their 24/7 customer support before planning any significant transaction. From what I’ve gathered, Travelex seems to impose withdrawal fees (such as a AU$10 closure/withdrawal fee when a card is closed or funds withdrawn), but I have not encountered a stated minimum withdrawal threshold per transaction. For my own risk management, I recommend verifying all transaction limits directly through official channels each time—especially as terms can change. I never assume there’s no minimum just because it’s not prominently stated. For me, playing it safe with withdrawal planning has always been the better approach.

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