Currency Exchange Melbourne

Wise (formally TransferWise) use the best exchange rate for international money transfers to and from Australia. They offer a foreign currency account and travel money card which uses the same rate. Online  services such as Travelex and OANDA offer currency exchange and convenient pick-up options. Travelex, for instance, has over 100 exchange booths across Australia and allows you to order your currency online and then collect it in-store.
They aim their services at international and budget travellers and deal only with foreign currency exchange. Create a payment order to Recipient and "Lock in" the desired currency exchange rates for 90 Minutes. Unfortunately, not all exchange services pass on 墨尔本跨 境 汇款 the mid-market rate to their customers.

This study reveals a surprising gap in the understanding among Australians of how AUD fluctuations affect the economy and individual purchasing power. A quiz uncovers common misconceptions and provides a snapshot of the nationwide need for improved financial literacy. If you are OK with the rate and happy to go through you can book the trade on the phone, email or through the online system. OFX is known for its excellent customer service, which includes a 24/7 phone line if you ever want to talk your transaction through with someone – but most transactions can also be arranged online or in app for convenience. We Are Here to Help-At Lotus Foreign Exchange, we are committed to providing the highest quality service to our customers. If you have any questions or need further assistance, please don’t hesitate to reach out to us.
You can exchange money before you go conveniently - or get a travel money card which you can top up digitally and use for spending and withdrawals when you're away, often with great rates and low fees. Keep an eye on the mid-market rate for your currency, using any of our handy tools, and watch how it's changing over time. It's also possible to set up rate alerts online which can help you learn when a rate hits the level you're looking for. If you're planning on converting cash - or if you have a travel money card - you can lock in the rate by  buying your foreign currency at that point. Exchange your currency with Prosegur Change and enjoy great rates on 50+ foreign currencies.

Travel money cards can help you avoid costs and hassle when exchanging money. Order a card online, add a balance in dollars, and either convert to the currency you need in advance or at the point of payment. Providers like Wise support 40+ currencies for holding and exchange, and often use better exchange rates and lower fees compared to physical currency exchange stores. CurrencyFair operates as an international money transfer service which prioritizes low cost transfers and competitive exchange rates. Users can send money to over 150 countries, and the service supports a wide variety of currencies. A peer-to-peer marketplace is also provided by CurrencyFair, where users can exchange currencies with other users at rates determined by the market.
We do not recommend buying currency from a friend, but buying the left-over currency from someone else's holiday can be a good option. Basically you arrange to buy your currency from a friend and work out an exchange rate that you both agree on. The reason it’s so cheap is because you are avoiding the costs, charges and margins of using a bank or money-exchanger.
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them. Before exchanging money in Melbourne or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in Australia for long-term stays or substantial investments like buying property or cars. Use our currency calculator for AUD to EUR in order to help you understand how much things will cost on your holiday, or simply sign up to our Rate Alert and we can send you a notification when your desired rate hits the market. Being the second most traded currency in the world you are best to get your travel budget early and watch for the best exchange rate for your trip. Are you heading to Paris to grab a Croissant on the lawn of the  Eiffel tower or taking in the spectacular sights of the hills of Santorini Greece?

Always do your own research on before making any financial decisions. You use the information at your own risk, for more details read 'how our site works'. TorFX is a money transfer service at an international level that aims to provide exchange rates that are competitive and low fees. Users can send money to over 120 countries, and the service supports a wide range of currencies. TorFX gives each customer a dedicated account manager so that personalized service and help are assured throughout the process of transfer.
This is because they don’t have to pay extra costs for a physical store. S Money is online only, so they don’t have any bricks and mortar stores. If you order online, you can pick up your currency locally or have it delivered to your home. S Money at 44 Spencer street had the best exchange rates for US dollars and Euros, but unlike most other currency exchange stores, they charge a service fee. At our currency exchange, we offer buying and selling services for all currencies, providing the most favorable exchange rates available. Enjoy swift transactions with no waiting time, as your money will be in your possession within minutes.

King William Street is where you need to go if you are heading into the city. Within 200 metres, you'll find the ANZ Foreign Exchange Centre, the Commonwealth Bank foreign exchange branch, Crown Currency stores, Travelex on the corner of Rundle Mall, Travel Money Oz and WorldEx. Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees. Travel Money Oz and Travelex have some of the most convenient locations on Swanston street and Elizabeth street. Their rates varied from store to store but are still much better their locations in the suburbs.
They offer quite competitive exchange rates, however will only quote the exact rate when you’re in store making the purchase. They also boast providing special rates for students, pensioners and airline personnel. You can use our live rate tracker as an indication of what the rate currently is for the currency you’re after. They now have three locations in the Melbourne CBD and one in  Sydney.
S Money is an online currency exchange,  but they also have one store in the Melbourne CBD. Based on our research, S Money offers the best exchange rates in Melbourne but charge a percentage-based service fee and a $14 service fee for home delivery. In comparison, Travelex and Travel Money Oz add a markup of 3.70% on conversions to US dollars. Banks and currency exchange stores can exchange your foreign currency back to Australian Dollar - but the rate is unlikely to be as good as it was when you converted in the first place, which means you get less back than you spent. Instead, consider a travel money card like the Wise card which lets you leave your money in dollars and convert on the spot when you make a payment or withdrawal overseas.