Your Ultimate Guide to Foreign Exchange in Melbourne

· 3 min read
Your Ultimate Guide to Foreign Exchange in Melbourne

Buying local currency in your destination country is the cheapest way to buy currency, particularly if you are buying larger amounts of US dollars (USD), Euros (EUR) or Japanese Yen (JPY). Firstly, there are a number of Australia Post offices that have an American Express Currency Exchange centre in them. This is very helpful if you need to buy or sell currency in a hurry. There are no limits on how much currency you can exchange or send.
For all these reasons, 墨尔本 跨境转账 it is not a method of exchanging money we recommend. The downside of using these specialist money-changers is that they don’t have a great amount of available cash available in less common currencies, such as Thai Baht (THB) or Singapore Dollars (SGD). This is cheapest way to buy currency, particularly if you are buying larger amounts of US dollars (USD), Euros (EUR) or British Pounds (GBP). For most transactions, you will need to provide a valid government-issued ID (such as passport, national identity card, or driver licence plus bank card) and proof of address (utility bill or bank statement). Additional documents may be required for larger transactions or under specific regulatory requirements.

We compare currency exchange and money transfer services in over 200 countries worldwide. We only display reputable companies which we have researched and approved. The information supplied on this site does not constitute financial advice.
When it comes to reliable currency exchange in Melbourne, RedRate Exchange stands out as one of the city’s most trusted providers. With over 17 years of industry experience and three conveniently located branches in Melbourne CBD, RedRate consistently delivers competitive exchange rates with no hidden fees—often outperforming many airport and bank counters. It’s the go-to choice for both travellers and locals seeking a fast, transparent, and stress-free money exchange service. You’ll be presented with up-to-date foreign exchange rates for currencies so what you see is exactly what you get. Our currency converter rates really are the best but don’t take our word for it. When you’re ready, make an order through our online platform and complete the payment with BPay, account or international money transfer.
For many travellers, the biggest issue is  that exchanging cash on arrival is inconvenient and can leave you vulnerable to scams and unscrupulous money changing services in your destination. It’s impossible to know if it’ll be cheaper to exchange currency in Melbourne or before going there as it would all depend on how much you can shop around and compare services to get the best possible deal. The mid-market exchange rate is the one you might find with a currency conversion tool, or a Google search. Whether you are heading to Japan for the amazing fresh food, Japanese ancient culture, or immerse yourself in the sights of Tokyo or hit the Japanese snowfields it is very important that you take cash with you.

This ensures that no matter when you want to exchange money or leave for your trip that we’ll be here for you every single time. Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees. We offer a range of payments options - cash or bank deposit - the choice is yours. Whether you're returning from cherry blossom season or cashing in your Japanese Yen after a trip to Tokyo, get the best rates with Crown Currency. Sell your JPY for Australian dollars and make the most of your exchange.
This ensures that you receive your package personally, minimizing the risk of misdelivery or lost parcels. Once you have signed for your currency, we get a notification and can mark your order as complete. Prosegur Change partnered with Orange Travel to offer fast and budget-friendly connectivity when travelling abroad. Enjoy reliable connectivity and prepaid plans in over 200 destinations. Each transaction comes with extra charges, so exchanging fewer times helps you save and avoid double conversion costs.

Foreign Xchange offers better rates than most currency exchange shops in Melbourne, especially those at the airport. You can order online and get your foreign currency delivered anywhere in Melbourne – including your home, office, or hotel. It’s secure, affordable, and fully trackable with StarTrack, a courier service by AusPost. Because every company has different exchange rates and fees, finding the best deal can be a minefield. We bring together all your options, highlight the fees and rates per provider, and show you the best possible deals.
If you have any questions or need further assistance, please don’t hesitate to reach out to us. Our team will do its utmost to address your concerns and ensure your needs are met. Enter your contact details to receive our latest media releases, speeches and other news. "The onus is squarely on remittance businesses to understand and comply with their anti-money-laundering and counter-terrorism financing obligations." The AFP estimates Changjiang has transferred more than $10 billion in and out of Australia in the past three years, mostly on behalf of its legitimate customers.