This is usually because they receive a higher percentage of commission themselves. There are a handful of comparison sites that favour their rates over standalone currency shops. Many offer handy by back schemes which allow you to easily convert your money back to AUD if you have any spending money left over when you return home.ĭo your research before converting your cash with your local bank. Although many local banks are notorious for charging commission fees when you exchange your Australian Dollars to other currencies.
in-store to see if it is cheaper to order your travel money online. It is worthwhile comparing local banks online rates vs. Local banks can be a good port of call when you’re looking to get your foreign cash. Meaning that you can get more for your money when it comes to exchanging your Aussie Dollars. Many online currency providers offer very low or no commission fees. Ordering your foreign cash online will usually give you a much better rate than getting your travel money sorted at a local bank or even at the airport before you head overseas. offers a safe and secure home delivery service that takes the headache out of having to take the time out of your day to head into the CBD to get your travel money sorted. When you think the rate is peaking or better than what it was previously, you can lock your rate in with your chosen provider making you exchange cheaper.īuying foreign currency online also allows you to save time and avoid the hassle of visiting a physical store. You can also track currency exchange rates on a day to day basis. Not only will you be able to shop around and find the best rate. There are a whole host of reasons as to why you should order foreign cash online. 5 Cheap ways to buy foreign currencies 1. You can compare currency exchange rates, commission fees, postage costs and whether or not you can collect your foreign travel money at the airport or at a local branch. Shopping around online allows you to compare banks, currency providers and travel agents. The cheapest way to buy foreign currency is online.
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