A Guide to Currency Exchange in Bankstown

Bankstown is where you'll find all the best places to buy and sell your currency. You can choose between the banks or a range of money exchangers like Travelex, Travel Money Oz, and Western Union. Bankstown gives you so many options. Often, you won't need to travel into the CBD to find a great exchange rate.

 

Bankstown Central has the following places:

  • Travel Money Oz : Bankstown Central, Shop SP156 Corner North Terrace &, Lady Cutler Ave, Bankstown NSW 2200
  • Travelex : No physical shop but you can pick up currency ordered online from Helloword in Central Bankstown
  • UAE Exchange: Shop ML 340
  • American Express Currency Exchange: Shop 12, Level 3 (inside Australia Post)

Outside the shopping centre, there are also:

  • Hai Na: 62 Bankstown City Plaza
  • Western Union: 17 Restwell St

Travel Cards, Money Transfers and Other Situations

Other Currencies

If you need foreign exchange for less common currencies like Chinese Yuan (CNY) or South African Rand (ZAR), these stores can sometimes hold a limited stock and their exchange rates are less competitive. Contrary to popular belief, using an Australian bank to buy your overseas holiday cash isn't always the most expensive option. In fact, it can sometimes be the cheapest way to buy it.

Big 4 banks in Bankstown:

ANZ: Bankstown Central, Shop P1 Bankstown Shopping Centre, North Tce, Bankstown NSW 2200

CBA: 16/18 Bankstown City Plaza, Bankstown NSW 2200

Westpac: 38/40 Bankstown City Plaza, Bankstown NSW 2200

NAB: 402-410 Chapel Rd, Bankstown

To work out if a bank is the cheapest way to buy your currency, make sure you compare exchange rates.

Our Verdict: Exchange rates from banks for common currencies, such as the US dollar and Euro dollars aren't particularly competitive when compared to other currency exchanges. However, they can be the best option for other currencies such as the Chinese Yuan (also known as the renminbi) or the South African Rand.

Can I send money overseas from anywhere in Bankstown?

While you have the option to send money overseas at a bank or money changer, it usually isn't the best way to transfer money.

There is no one perfect way to send money overseas. There are a lot of different choices so we suggest doing your research online before deciding on what is right for you.

Related: 37 Practical Guides to Transferring Money Overseas Without Getting Ripped Off

Related: Transferring Money Back to Australia from Overseas

Can I buy a Travel Money Card in Bankstown?

You can buy a travel money card over the counter at most banks or money changers. While buying the travel money card on the spot is seemingly convenient, your name would not be on it. Another way is to order and load your card online and arrange a time and place to pick it up.

Related: Compare Travel Cards

Related: How to Choose the Best Travel Card for Your Next Trip