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.
These are our picks for the best money transfer providers for a variety of transfer types for 2025. Customer Service - The assistance and advice provided by money transfer companies for their 墨尔本 转 钱 回国 customers might determine your choice. We favour the convenience of locking in a good exchange rate and picking it up close to your travel dates, rather than travelling all around town trying to save an extra dollars. The downside of using these specialist money-changers is that they don’t have a great amount of available cash available in less common currencies, such as Indian Rupee (IDR) or Hong Kong dollars (HKD).
For all these reasons, it is not a method of exchanging money we recommend. Over the past 12 months alone, Taskforce Avarus investigations have led to 26 people being arrested or charged for money laundering offences plus removed more than $270 million from the criminal environment. “It is a highly-complex, sophisticated money laundering organisation,’’ he said. A purpose-built private industry working group was also established through the Fintel Alliance to ensure the alleged syndicate could be dismantled and any potential financial mechanisms it was exploiting could be closed.
This Money Transfer Comparison study investigates preferences and awareness around costs, revealing the potential savings from choosing more cost-effective payment methods. On Money Transfer Comparison, we list, review and compare the best international money transfer services in Australia. Exchange money online with Revolut, with no fee for weekday exchange to your plans limits. You can exchange money to send a payment, within your account or when you spend with your card, with 30+ currencies supported.
While their exchange rates are very good, they still won’t match the rate seen on Google or XE. They also have a dated website that only allows you to get a quote instead of actually buying currency. Just like buying a pair of shoes or some groceries, you can buy your foreign currency online too. They are the only money exchange that offer the same exchange rate seen on Google or XE but they do charge a service fee. Based on our research, the Macquarie Bank online service (using OFX as a provider for this service) is best for sending money overseas.
Reserve your currency online with Prosegur Change to enjoy 0% commission, competitive rates updated daily, and transparent pricing. We offer a comprehensive range of widely-used foreign currencies and provide global money transfer services. Using a travel card when you’re in Melbourne is secure and convenient, and can get you a great exchange rate with low, transparent fees. Sign up for a provider's account before you travel and order your card for delivery to your door.
For large amounts of money, it is recommended to order your currency in advance and pay via BPAY to get a better exchange rate and avoid commission fees. You can then collect your foreign currency from a kiosk at the airport. You can convert money at Australia Post, which offers a currency converter and over 40 foreign currencies. You can also convert money at specialist money changers, banks, and currency exchange booths at the airport.
United Currency Exchange has long been a great place for currency exchange in the Melbourne CBD. Aside from S Money, they had the best currency exchange rate that we tested. Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries. United Currency Exchange deal only with exchanging cash, they don’t offer an international transfer service. Another option for exchanging currency in Australia is through Australia Post.
“A key feature of the scam, was the alleged syndicate’s ability to produce dedicated software, compatible with the legitimate trading platform to misrepresent the true market value of currency rates. It is alleged the bank accounts were controlled by the Long River money laundering organisation, which the AFP alleges was secretly running the Changjiang Currency Exchange. Save money by bypassing hidden international card fees and conversion rates that add up with every swipe.
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.
Order Foreign Cash or the Travelex Money Card online and collect in store. Never miss a moment with quick access to cash, and without fear of card acceptance or availability. Prosegur Change partnered with Orange Travel to offer fast and budget-friendly connectivity when travelling abroad.
While many won't charge a service fee, the difference between the rate you see online and the rate you are offered is their exchange rate margin, or profit. We visited a number of money exchange locations across the Melbourne CBD and compared their fees and services to find the best currency exchange rates. It is worth noting that some sources suggest that using an Australian bank to buy foreign currency might not always be the most expensive option. Banks offer foreign exchange services in specific branches or through online ordering and collection at a nominated branch.