West Lakes Currency Exchange Explained

When you are in West Lakes, it's easy to find places to exchange money. There are banks and money changers. But which place will give you the best exchange rate and most savings when you buy travel money in West Lakes?

Currency Exchange in West Lakes

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
  • Foreign Xchange usually has better exchange rates than Travelex.

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

There are a number of money changers in the area:

Travel Money Oz : 155/111 W Lakes Blvd, West Lakes SA 5021
Travelex : (Inside helloworld) Westfield West Lakes, Shop 23, Westlakes Mall, 111 West Lakes Boulevard, West Lakes, Adelaide SA 5021

Bank

Most people think that bank exchange rates are a rip off. Well, in some cases you can get a better rate from the bank. Especially if you are looking to buy rare currencies as banks hold larger stocks of different currencies. Any currency other than USD, EUR, JPY and NZD may have a better exchange rate at a bank.

Popular banks in West Lakes:

ANZ: West Lakes Mall, 111 West Lakes Blvd, West Lakes SA 5021

CBA: Westfield West Lakes, 111 West Lakes Boulevard, Shop T 198 West Lakes Mall, West Lakes SA 5021

Westpac: 111 West Lakes Boulevard, Shop 309 West Lakes Mall, West Lakes SA 5021

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 Vietnamese dong (VND) or Swiss Franc (CHF), 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 West Lakes?

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 West Lakes?

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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