Brisbane CBD

Finding the best exchange rate in the Brisbane CBD

Information verified correct on December 8th, 2016

Need to exchange foreign currency? Let’s look at where you’ll find the best exchange rates in the Brisbane CBD.

If you’ve ever needed to travel overseas and convert your Australian Dollars into another currency, you’ll know that finding the best exchange rate is crucial to guarantee value for money. But where can you find the best exchange rate if you need to exchange currency in the Brisbane CBD?

We compared the exchange rates for USD$1,000 and €1,000 on offer from travel money providers in the Brisbane CBD with online bank exchange rates. Check out the results of our comparison below.

Your Brisbane CBD money transfer options below

Rates last updated December 8th, 2016
Description Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
TorFX International Money Transfers
TorFX guarantee to beat any competitor's exchange rate for a transaction
Conditions apply
AUD 200 1 day Online, Phone, Agent Go to site More
Exclusive: World First Foreign Exchange
Exclusive: World First Foreign Exchange
Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.
AUD 500 2 days Online, Phone Go to site More
Exclusive: CurrencyFair International Money Transfers
Exclusive: CurrencyFair International Money Transfers
Exclusive offer: 3 Free transfers (after your first transfer).
A peer-to-peer transfer service with a large range of currencies on offer.
EUR 8 2 days Online Go to site More
FC Exchange International Money Transfers
FC Exchange International Money Transfers
No transfer fee via online, branch or phone when transferring more than £10,000 or equivalent. GBP 3,000 1 day Online, Phone, Bank Account to Bank Account Go to site More
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive offer: Special exchange rates and $0 transfer fee
OFX is currently offering finder.com.au exclusive exchange rates and $0 transfer fee on all transfers.
AUD 250 1 day Online, Phone, Agent Go to site More
Currency Online International Money Transfers
Currency Online International Money Transfers
Enjoy regular scheduled transfers, one off transfers and a range of currencies. Also enjoy your first transfer for free. AUD 0 2 days Online, Phone Go to site More
Compass Global Markets International Money Transfers
Compass Global Markets International Money Transfers
Send money in as little as 24-48 hours to a range of countries with Compass Global Markets. AUD 1,000 2 days Online, Phone Go to site More
1st Contact International Money Transfer
1st Contact International Money Transfer
$0 online fee without any minimum limit on money transfers. AUD 0 2 days Online, Phone, Bank Account to Bank Account Go to site More
Currency Solutions International Money Transfers
Currency Solutions International Money Transfers
Send money overseas for a range of reasons, including regular payments and buying overseas property. 97% Trustpilot score. AUD 3,000 2 days Online, Phone, Bank Account to Bank Account Go to site More
Rates last updated December 8th, 2016
Description Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
TorFX International Money Transfers
TorFX International Money Transfers
TorFX can assist your business with forward contracts, different order types, currency analysis and competitive exchange rates. AUD 200 1 day Online, Phone, Agent Go to site More
Exclusive: World First Foreign Exchange
Exclusive: World First Foreign Exchange
Cheaper and faster international money transfers for your business. AUD 500 2 days Online, Phone Go to site More
Exclusive: OFX (Ozforex) International Money Transfers
Exclusive: OFX (Ozforex) International Money Transfers
OzForex offers their business clients with competitive exchange rates, fee-free transactions with 24/7 customer service. AUD 250 1 day Online, Phone, Agent Go to site More
Currency Online International Money Transfers
Currency Online International Money Transfers
Protect your business against market fluctuations. AUD 0 2 days Online, Phone Go to site More
Compass Global Markets International Money Transfers
Compass Global Markets International Money Transfers
Hedge your foreign exchange risks by becoming a client. AUD 1,000 2 days Online, Phone Go to site More
Currency Solutions International Money Transfers
Currency Solutions International Money Transfers
You can increase your profit margins and mitigate currency risk with Currency Solutions. AUD 3,000 2 days Online, Phone, Bank Account to Bank Account Go to site More
World First Foreign Exchange for Online Sellers
World First Foreign Exchange for Online Sellers
Open bank accounts in the UK, US, Canada and Eurozone and sell on more marketplaces while reducing the cost of repatriating earnings. Buy goods from China and sell them in the USA. AUD 250 2 days Online, Phone, Agent Go to site More
Rates last updated December 8th, 2016
Description Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
World First Foreign Exchange for Online Sellers
World First Foreign Exchange for Online Sellers
Open bank accounts in the UK, US, Canada and Eurozone and sell on more marketplaces while reducing the cost of repatriating earnings. Buy goods from China and sell them in the USA. AUD 250 2 days Online, Phone, Agent Go to site More

Looking for a physical location to exchange money?

Based on user reviews and blogs, here are some locations that may give you more bang for your buck:

  • Travel Money Oz, 79 Adelaide Street
  • Travelex, Queen Street Mall

Top tips to help you find the best exchange rate

If you need travel money for your next overseas trip, these handy tips will help you find the best possible exchange rate:

Compare your options

Exchange rates vary substantially from one foreign exchange provider to the next, so it’s never a good idea to settle for the first currency bureau you find. Even a small difference in the exchange rate can help you save hundreds of dollars, so compare a range of options before you exchange any money.

Phone ahead

Have you ever arrived at a foreign exchange bureau ready to convert currency, only to find that the store doesn’t have enough notes in your desired currency? While US dollars, euros and other major options are typically well stocked, any less-common currencies are often in short supply. Phone ahead to make sure the foreign exchange provider has enough notes to complete your transaction.

Ask for a better deal

The initial price quoted to you by a currency exchange specialist may not be the best exchange rate they can offer, so don’t be afraid to ask for a better deal. A little bit of negotiation can ensure  more money stays in your pocket.

Beat the banks

As our comparison above shows, exchange rates offered by the major banks typically are not very competitive when compared to rates offered by foreign exchange services. This is because foreign exchange services specialise in foreign currency and charge smaller margins than the banks, so they are able to offer superior exchange rates.

Currency confusion

If a particular foreign exchange company offers the best available rate for the US dollar, it doesn’t necessarily mean it will also offer the best rate for the euro. With this in mind, make sure to compare your options based on the currency you need to exchange.

Look further afield

You don’t have to be in the CBD to find a competitive foreign exchange deal; there are plenty of exchange locations in the outer suburbs of Brisbane as well, particularly those with high migrant populations.

Look elsewhere for international money transfers

If you need to send money overseas, bricks-and-mortar foreign exchange services do not usually offer the best deal. You should be able to find much better exchange rates and lower transaction fees using a specialist online transfer company.

Shirley Liu

Shirley is finder.com.au's publisher for banking and investments. She is currently studying a Masters in Commerce (Finance) and is the author of hundreds of articles. She is passionate about helping Aussies make an informed decision, save money and find the best deal for their needs.

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International Money Transfer Offers

Learn about our information service
TorFX International Money Transfers

TorFX guarantee to beat any competitor's exchange rate for a transaction
Conditions apply

Exclusive: World First Foreign Exchange

Exclusive offer: $0 transfer fee
Transfer money into a range of currencies online and over the phone.

Exclusive: CurrencyFair International Money Transfers

Exclusive offer: 3 Free transfers (after your first transfer).
A peer-to-peer transfer service with a large range of currencies on offer.

FC Exchange International Money Transfers

No transfer fee via online, branch or phone when transferring more than £10,000 or equivalent.

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