The National Australia Bank (NAB) has a range of currency products and services. This article explains and compares the various exchange rates provided for Travel Money (cash), Travel Cards and International Money Transfers. It will help you:

  1. Find the right exchange rate in your situation

  2. How to use the exchange rates to calculate your currency conversion

  3. Compare the exchange rates at NAB to the rest of the options available in Australia

 

Making sense of NAB Exchange Rates

 

Compared to CBA, ANZ and Westpac that just provide a giant table of exchange rates, NAB makes it relatively easy to work out which exchange rate applies to you

Use there calculator to choose your activity and then your currency.

 

A Guide to Calculating Currency Conversions

There are a couple of things to keep in mind when using the currency calculator:

  • It does not include and additional fees or charges
  • Exchange rates change. This tool is useful to provide an indication of what rate you will recieve but it does not lock in the rate for you
  • The exchange rate for each product is different. Generally, you will get a better rate for international money transfers than if you are buying travel money

 

Compare NAB Exchange Rates

The Currency Shop compares exchange rates on travel money and international money transfers:

Click here compare NAB Travel Money Exchange Rates

Click here compare NAB International Money Transfer Exchange Rates

 

Recommended For You

The currency shop calculator

Currency Calculator: Australian Banks and Money Transfer Specialists

This calculator helps you compare exchange rates and fees of banks and money transfer specialists.


 

Cheaper ways to transfer money overseas

5 Cheaper Ways to Transfer Money Overseas

Using a bank is one of the easiest ways of sending money overseas, but it is also the most costly. Here are 5 cheaper alternatives.


 

How to transfer money overseas with NAB

How to Transfer Money Overseas Using NAB

This guide shows you how to transfer money through NAB, the advantages and disadvantages of using NAB and associated costs, fees and exchange rates.


 

Helping You Save Money on Currency

Buying travel money or transferring money overseas can be expensive and confusing. So how do you make the best choice and get the most out of your money?

An easy way is to use a comparison table for either international money transfers or currency exchange. These tables list and compare the banks with other large foreign exchange companies.

We’ve also put together tons of helpful videosguides and reviews that will help you make the right decision. You can work out a cheaper way of converting currency while still keeping your money safe.