Best Places to Buy Foreign Currency in Australia Online or In-Store

· 5 min read

Our currency converter rates really are the best but don’t take our word for it. When you’re ready, make an order through our online platform and complete the payment with BPay, account or international money transfer. Find the best international money transfer exchange rates to send money overseas from Australia. Compare the rates and fees from leading banks and money transfer services. Before you decide to use a bank, check out some of the best international money transfer services in Australia, such as Wise and OFX.
Exchanging money in your destination eats into your precious holiday time - plus you may be targeted by unscrupulous money changers with bad rates. Getting your foreign currency in Melbourne may offer a better deal compared to buying it from the airport or in your destination country. TransferWise is a well-known international online service for money transfers with unbeatable currency exchange rates and low (or zero) fees. Choose another word in over 80 destinations; it is a multi-currency support system also recognized by TransferWise, which has 墨尔本 换 汇 a transparent fee structure along the way to the mid-market rate. The latter is normally better than what banks or usual money transfer systems offer.

Even better, you save money from their low transfer fees and competitive exchange rates. Danesh Exchange proudly serves customers across Australia, offering reliable currency exchange and money transfer services no matter where you are. With nationwide reach and online convenience, accessing competitive rates and secure transactions is just a few clicks away—from Melbourne to Perth and everywhere in between. Danesh Exchange is a trusted, Australian-owned currency exchange service established in 2009. Specialising in commission-free rates across 60+ currencies, it offers secure online ordering and flexible delivery options—including home delivery and collection at over 3,000 Australia Post locations.
Their exchange rates aren't as competitive as S Money's but their customer service is excellent. If you’re planning on exchanging currency with a bank, you’ll need to double check the travel money and exchange options available. Many banks only offer exchange to customers who already have an account - plus you might have to order online in advance, particularly if you’re looking for a more exotic currency. If your local bank offers currency exchange to people who aren’t customers, bear in mind that you’ll need to take an ID document along with you to collect your cash.
If you can't make into the city, you can also order US dollars online and have it delivered. Bourke Street and Swanston have lots of options but the best deals are found outside of the most popular tourist areas. For amounts over $1000, they are still the cheapest even including the fee and the only money changer that uses the same transparent rate as you can find online. They do allow you to pre order currency from their stores, but payment needs to be made in full and in cash to take advantage of this. Our staff members are available to assist when you are ready, call one of our branches and we will offer you the best exchange rate. Exchange your AUD for many foreign currencies such as euros, British pounds, US dollars or Indonesian Rupiahs.

Banks in Australia often offer foreign exchange services in specific branches, usually located in city centres. Some banks also offer an online service where you can order your desired currency and then collect it from a nominated branch at a time of your choosing. If the currency you need is not available, banks can typically order it for you, although this may take up to five business days. You can save time and money by pre-ordering your currency online and picking it up in the Maribyrnong - Melbourne VIC store. Luckily for them, Australia is home to a large selection of specialised international money transfer services, and Australians can enjoy some of the best options in the world to send money overseas. Revolut offers account services through its app, including 3 different account tiers to suit different customer and transaction needs.
We also help you discover the best options for the cheapest and fastest money transfers from the UK. Foreign Xchange operates 100% online, so we don’t have in-store pickup in Melbourne or any physical store. Whether you're an international traveller visiting Melbourne or a local planning a trip overseas, there are plenty of convenient places to exchange foreign currency in and around the Melbourne CBD. From market trends & fees to common jargon, get the lowdown on all things exchange rates.

Interestingly, Macquarie Bank, which has less of a retail presence than the other four, opts to use the specialist foreign exchange company OFX to provide their retail FX services. Given that we have to buy foreign currency, customers feel more at ease when exchanging with cash. Currency prices in banks and stock markets can vary due to various factors such as supply and demand, banks profit margin and inventory. It is important for individuals and businesses to be aware of these differences when exchanging currency and to shop around for the best rates. Having said that, there are some stand-out money transfer specialists that are worth considering. We believe that Wise, TorFx and Revolut offer pretty good and versatile services overall, covering most of what you need from a money transfer service.
Respondents were asked to select the type of help they were willing to provide, including transferring money internationally, paying bills, or sending gifts. Respondents were also asked how much money they would send over the next two years if their families required assistance. The survey respondents cover a geographical and population spread that is reflective of the Australian population. Whilst we might say Australia has been behind the curve, OFX was actually founded in 1998 as one of the first dedicated international money transfer companies (also named fx companies, especially by businesses) to ever exist.
Australia Post, also known as Auspost, offers currency exchange services at over 3,000 of its branches across Australia. Foreign Xchange has partnered with Auspost to offer exchange rates that are better than those offered by banks. Airport exchange services tend to offer poor exchange rates because they know that customers have few other options.

Whether it's for personal or business purposes, feel free to contact us for all your foreign exchange needs. TorFX is a great option for larger money transfers because there are no transfer fees and you can get more competitive exchange rates when transferring larger amounts. The length of time it takes for an international money transfer to arrive can vary depending on the country you’re sending to and the method you’ve chosen for the recipient to get the payment in the end. You may find your money can be available in minutes, but sometimes transfers to banks passing through the SWIFT system may take several days to arrive.
Which ever you choose have some Euro Cash in your pocket will be needed to get the best out of your travel money. The EURO is used across the 19 of 28 countries that are a part of the European union, which makes life so much easier when moving across borders. You  can easily check the euro exchange rate and use the one conversion throughout your stay. Unlike other businesses  we don’t try to hide this charge in the exchange rate. This covers the cost of buying the currency and GST, along with a small profit.
The online ordering process uses the latest security technologies and encryption to keep your details safe and private. We use premium couriers with strict instructions to deliver to your specified Melbourne address. If you’re flying out soon, don’t miss our top tips for Melbourne Airport travel to stay ahead of delays.