The Best Online Currency Exchange Services in Australia

Planning your next overseas trip? No matter whether you are preparing for overseas travel for holiday or business, buying foreign currency online is one way to reduce stress and potentially save time. The problem is, there are so many online currency exchange services that it makes it hard to figure out which one is best to get your foreign currency.

Look no further. Here is a list of the best Australian online travel money providers, including a quick snapshot for each company and the pros and cons.

Best exchange rates

Buying foreign currency online is about to get easier. With S Money, you'll be able to buy currency and pick it up today or get it delivered tomorrow at the best rate in Australia.


S-money gives you the exact same rate you find on Google and XE, in real time. So you don't have to pay extra for inflated foreign exchange rates.


  • Same day pick up or next day delivery
  • Great rates
  • No hidden fees
  • Very fast and easy to create an account
  • Handle mosts major currencies including USD, EUR, NZD, JPY and GBP
  • Not all currencies available
  • Limited pick-up locations in Melbourne, Sydney, Brisbane, Adelaide and Perth CBDs
  • Can only buy foreign currency for delivery
  • No stores, online only

Easiest click and collect

Travel Money Oz is exceptionally convenient for collecting foreign currency due to their large national network of 130+ stores that are open late and on weekends.

They also feature an easy-to-use website and offer a huge range of currencies to make it simple to organise foreign currency online. Their exchange rates are also better online than in-store.

Don't pay with your credit card. While they don't charge a commission or fee, you'll still have to pay extra for a credit card payment.

  • 130+ stores to visit – open late and on weekends
  • You can order online 24/7
  • No commissions
  • Excellent range of currencies in stock
  • Card handling fees if you want to buy currency online using a card. Although, this can be avoided by paying through BPAY
  • 3-5 business day wait for online orders

Safe home delivery

Using Travelex for online cash delivery is convenient. They're a well-established company and delivery is safe and secure.

However, you need to be prepared. It usually takes 3-7 business days until the currency is ready for delivery. The good news is, you can order up to 21 days in advance on work days.

There are also some additional things to keep in mind:

  • You can't sell foreign currency, you can only buy it
  • Limited to $500-$5,000 Australian dollars
  • Additional fees if you use a credit/debit card to pay for your order, but shorter delivery times
  • You can often get a better rate if you order more
  • 3000 pick up locations, including Australia Post offices and most airports
  • A large number of currencies to transfer money – 87 currencies in total
  • Free deliveries over $1,000 AUD worth of currency
  • You can order online 24/7
  • Can only buy foreign currency online for delivery
  • Card handling fees if you want to buy currency using a credit card
  • 3-7 business day wait delivering online orders
  • $10 delivery fee under AUD $1,000 foreign currency via Australia Post's Startrack service

Airport pick-up

Travelex, again is the best online travel money service for airport pick-ups. It's best to order your money online before you head to the airport.

The airport branch only holds a selected amount of stock and it can take 3-7 business days to have your currency ready in-store.

Give the Travelex airport branch a call ahead of your trip. You don't want to be boarding for your flight and realise too late the currency you've requested isn't available!

If you didn't have time to order it online, avoid exchanging money at the airport at all costs. Exchange rates at the Travelex airport branch aren't as good as online. The fees and exchange rates at Australian airports are close to (if not) the worst in the country.

  • 3000 pick up locations, including Australia Post offices and most airports
  • A large number of currencies to transfer money – 87 currencies in total
  • You can order online 24/7
  • Card handling fees if you want to buy currency using a credit card
  • 1-5 business day wait for online orders for collection
  • $10 fee to collect from Australia Post even at airport
  • Exchange rate margins not transparent

Best bank

ANZ is the best bank for exchanging foreign currency. They offer the most competitive rates from all the banks we looked at. However, they are not always the cheapest online option for purchasing foreign currency.

The exchange rates that ANZ offer aren't the same market rates you can see on online currency converters or Google. To find a better rate, we suggest you compare bank and other online travel money provider's exchange rates before you travel.

  • ANZ buy and sell most major currencies (over 50 in total)
  • Maximum limit up to $8,000 Australian dollars is greater than other providers
  • Larger stock means collection ready in 2-3 business days
  • Limited stock of currency in branches
  • ANZ Foreign Exchange Centres are limited to CBDs in Sydney, Melbourne, Brisbane, Adelaide and Perth
  • Additional $8 fee for non-ANZ customers

Do all banks do currency exchange?

Yes. Most major banks will exchange your Australian dollars for a foreign currency. A lot of them also reduce your fees if you have a customer account with them. In some cases, a bank will exchange currency if you just have a credit card with the bank.


When should I use my bank to exchange currency?

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.

Foreign exchange rates from banks for common currencies, such as the US dollar (USD), Euro and British Pound (GBP) aren’t particularly competitive when compared to other currency exchanges. Especially when exchanging money at an airport.

However, banks can be the best option for less common currencies such as the Chinese Yuan (CNY) the South African Rand (ZAR) or the Malaysian Ringgit (MYR).

To work out if a bank is the cheapest way to buy your currency, make sure you compare exchange rates. We do this in our bank currency exchange guides below:


What is the cheapest way to get foreign currency?

The cheapest way to exchange currency really depends on what currency you are buying, how much and where you are.

It's usually cheapest to buy foreign currency at your destination, but not as convenient. If you're more prepared, there is very little difference between buying currency in-store or online. For in-store currency exchanges, you'll get better rates in the CBD than further out. The most expensive option is to exchange your currency at the airport - so don't do it! There are smarter ways to buy currency.

Related reviews: Compare foreign exchange rates for cashHow to Get the Best Currency Exchange Rate

How to exchange currency online

Quite often, ordering online is the cheapest and easiest way to buy currency. It usually takes between 2 and 5 business days before the currency is ready, so you can't do it last minute.


Select your currency and amount Then choose delivery or pick-up


Pay Pay by card, Bpay or bank transfer


Get your cash In 2-5 business days

Where can you get money exchanged?

Wondering where to exchange currency in a store? Use these city (CBD) and suburb guides to help you get the best exchange rates deals:

Where is the best place to exchange money overseas?

You'll get the best exchange rates if you buy foreign currency at your destination rather than at home, but it might not be as convenient. If you're looking for information on the best ways to take travel money for a specific destination check out the following country guides:

Your currency knowledge centre

Travel Money Oz Review

Travel Money Oz have excellent service both in-store and over the phone. They have very good rates online, but store rates vary. There are no fees and ID is required for amounts over $1000.

Unimoni (formally UAE Exchange)

Unimoni (formally known as UAE Exchange) have friendly, professional service with some of the best exchange rates for cash. There are bank limits for eftpos and photo ID is required.

International Money Transfer Comparison and Reviews

Find the best international money transfer exchange rates to send money overseas from Australia. Compare the rates and fees from leading banks and money transfer services.