Clever Ways to Exchange Currency near Cheltenham

There’s a varied selection of places to buy travel money in Cheltenham. In this article, you will find key information on ways you can save money on your foreign money exchange. We have also included information on places that do not charge commissions or fees and as well as places that offer Travel Cards too.

Currency Exchange in Cheltenham

Online

This is usually the cheapest way to buy currency, but you need some time. You can choose where to pick the order up from or get it home delivered.

Home or Office Delivery

  • You can pay by Bpay or bank transfer.
  • It takes up to 7 days depending on your location.
  • Choose your cash denominations like small, medium, large or mixed.

Click and Collect

  • Don't pay by card. There is card processing fee. You can avoid it by using Bpay instead.
  • It takes 2-7 days depending on how you pay and where you pick it up from.
  • Travelex have the most pick-up locations including Australia Post and every major airport.

Money Changers

This is the best way to get currency quickly. You will find them in major shopping centres and towns.

Money Tips

  • The exchange rates are better in your CBD. So it can be worth going there if you're exchanging more than $2,000
  • Always ask for a better rate. We've found you can often get a better deal just by asking, particularly if you're buying more than $100

Southlands has a range of different money changers:

Travel Money Oz : Shop 3046, Westfield Southland Shoppingtown, 1239-1241 Nepean Highway
Travelex : (Inside Helloworld) Shop 1131, Level 1, Westfield Shoppingtown Southland, 1239 Nepean Highway, Cheltenham
American Express Currency Exchange : 317 Cheltenham Rd, Keysborough VIC 3173
Melbourne Currency Exchange : Shop 1034, 1239 Nepean Highway, Cheltenham, Melbourne VIC 3192
Currency Exchange Cheltenham : 1239 Nepean Hwy, Cheltenham VIC 3192

Bank

If you are looking to purchase a currency that isn’t USD, EUR, JPY or NZD then your best bet would be to head down to the bank. Bank exchange rates typically beat money changers for unpopular currencies as they tend to have more stock on hand.

The big 4 banks in Southlands:

ANZ: Westfield Southland, Southland Shopping Centre, Shop 1144, 1239 Nepean Hwy, Cheltenham VIC 3192

CBA: 348 Charman Rd, Cheltenham VIC 3192

Westpac: 287A, Southland Shopping Centre, 287/1239 Nepean Hwy, Cheltenham VIC 3192

NAB: 1239 Nepean Hwy, Cheltenham VIC 3192

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

Our Verdict: When buying less common currencies like Fijian Dollars (FJD), an Australian bank may turn out to be the cheapest option.

Travel Cards, Money Transfers and Other Situations

Can I send money overseas from anywhere in Cheltenham?

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 are many different choices so we recommend doing your research online before deciding 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 Cheltenham?

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

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