Currency Exchange, Money Transfer, Foreign Exchange
Trusted by investors and collectors nationwide with competitive rates and guaranteed authenticity. Manage multiple currencies effortlessly with Travelex's award-winning travel card. Simply load, tap, and go wherever Mastercard is accepted worldwide. If you haven't spent all your foreign currency coins before returning to Australia, you can either keep it for your next trip or donate it to charity. You can easily donate at the Commonwealth Bank and Travel Money Oz, with the money going to UNICEF.
There are a few different ways you might want to currency in Melbourne. You can take the mid-market rate for your currency as a good benchmark when measuring up your options for currency exchange in Melbourne. When considering costs make sure you check both the exchange rate and the fees charged. It's common for services to state there's no 墨尔本现金 换 汇 commission, when the costs have simply been added into the exchange rate being used. If an ATM in a foreign country asks if you’d prefer to pay in dollars, say no. If you agree, the ATM will manage the currency conversion for you - and that ATM will not give you as good a rate as the one your bank or card network offers.
Raffles offer remittance services, as well as worldwide money transfer to a number of countries including the UK, US, UAE, China, Japan and many more. To read more about the services they offer, you can visit the services page on their website. We’ve partnered with Hubbed, a national network of parcel collection points located at newsagents, pharmacies, and convenience stores.
The AFP will allege it linked this criminal group to the Changjiang Currency Exchange. They have also charged criminals higher fees than ordinary customers, the AFP claims. The AFP claims the gang has coached criminals on how to create fake paperwork to conceal the origins of their money, including false invoices and bank statements. But they allege Changjiang also works with criminals to conceal the proceeds of crime, including from online scams and trafficking of illicit goods, and moved money in and out of Australia. One member of the alleged syndicate, Zhou Chen, a 37-year-old from Balwyn in Melbourne's east, faced court on Wednesday evening, charged with two counts of conspiracy to deal with the proceeds of crime. Australian Federal Police have arrested seven people in Melbourne and seized $50 million worth of luxury cars and property during raids on an alleged money-laundering syndicate it says was operating "in plain sight".
We also took into account first-hand experience with providers and additional services we felt were relevant. Use this guide to figure out which currency exchange in Melbourne Airport might be best for you, and don't forget to also take a look at travel money cards to see if popping one in your wallet can help you save. Wise uses the mid-market exchange rate with no markup or margin when converting your money to any currency you need.
If you want to proceed, you will need to confirm the order via email or phone and then pay the full amount into the bank account listed. I visited a Crown Currency store in Melbourne to find out what the exchange rate was to buy £1000 in Great British Pounds. At the same time, I requested a quote for the student and seniors discounted exchange rate (more on that below). We recommend ordering at least 5 business days before you travel to allow for processing and delivery. Outside the city, their are stores in most major shopping centres although you'll have more options in Freo.
There's not one single best place to exchange currency for travel, but converting your currency online before you head off can save time - and often money. One convenient option is to get a travel money card from a provider like Wise or Revolut, to add and exchange money with just your phone. When you order your travel money online, you can bag some savings with 0% commission and our best exchange rates on over 50 currencies. You can then collect your order for free at one of our branches before you embark on your journey. Check out the Wise card as a good option which uses the mid-market rate with low, transparent charges when you convert to spend or withdraw.
Compare our options below to save money on transfer fees and lock in stronger exchange rates. 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. For example, they charge around 1.8% when exchanging AUD to USD. In comparison, Travelex and Travel Money Oz add a markup of 3.70% on conversions to US dollars.
Reserve your currency online with Prosegur Change to enjoy 0% commission, competitive rates updated daily, and transparent pricing. Our top picks are selected out of 26 money transfer services and sorted into 6 specific categories to meet all of your transfer needs. Our editorial team reviews brands according to the most important features for each category and compars them against other providers.