ReiseBank AG is a bank specializing in foreign currency dealing, precious metals and travel payment business (including traveler's checks), which is headquartered in Frankfurt am Main. It is a wholly owned subsidiary of DZ Bank and part of the cooperative financial group. In 1996, Reisebank AG was created by outsourcing the foreign currency dealing business from Deutsche Verkehrs-Kredit-Bank (DVB). The bureau de change of DVB, which were mainly at larger stations, were converted to bank branches. As part of the restructuring of Deutsche Verkehrs-Kredit-Bank (DVB) and its subsidiaries, Reisebank was sold to DZ Bank as of 1 January 2004, and thus integrated into the cooperative financial network with over 1.200 cooperative banks. More information...
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