exchange feature

Find the best exchange rate in the Sydney CBD

Information verified correct on December 8th, 2016

Get the best deals and bonuses when exchanging currency for your next holiday.

From flights and transfers to new luggage and reliable shoes, travel never comes cheap. When sorting out your currency for a trip, it’s easy to be flippant and simply choose the most familiar local currency exchange. However, you should shop around before changing your hard-earned dollars as rates can vary more than you might imagine.

When checking exchange rates, there is more to consider than the figures given on morning television. You need to take into account additional fees and commissions at the counter, and the fact that rates are constantly fluctuating. A basic understanding of what to look out for before you start shopping could save you precious dollars.

Your Sydney 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

Speak to a FX expert

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com.au privacy policy
TorFX Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Where can I change money in Sydney?

In addition to the banks and Australia Post, there are numerous specialist international money transfer services located within the Sydney CBD. Although most of these also provide online services, actually visiting the shopfront allows you to directly ask questions and get specific information, especially if you’re not quite up to speed on how it all works.

Haymarket/City South

  • Travelex
  • Travelmate Money Exchange
  • Currency Exchange International
  • Anying Foreign Exchange
  • UAE Exchange

Hyde Park/City Central

Wynyard/City North

  • Lotus Foreign Exchange
  • OFX 
  • Travel Money Oz

What do they offer?

Buy back/sell foreign currency

If you over-budgeted for your trip and return home with some leftover cash, Currency Exchange International will buy your currency at a competitive rate.

Travel cards

Most banks now offer prepaid or debit travel cards that you can link to an existing account or service. Many currency exchange specialists and international money transfer institutions are also jumping on board, such as UAE Exchange which offers ‘Cash Passport’, a multi-currency travel card.

Tip
If convenience does not always deliver the best deal. It can pay to visit a storefront currency exchange and ask if they will cut fees or commission, especially for larger sums. You’d be surprised how often you can get a better rate.

Loyalty programs

If you’re a frequent traveller, returning to the same exchange specialist can often reap rewards. Travel Money Oz offers customers a MoneyGram rewards card which customers can use to enjoy 50% off fees if they return a third time, and zero fees for their sixth visit.

Scheduled ordering

KVB Kunlun enables customers to request a currency exchange within a particular timeframe or specified exchange rate range. If you are someone who keeps one finger on the financial pulse, and predict a shift in exchange rates that will favour your transfer, you can submit a pre-order. Once the exchange rate falls within your desired range, a transfer will automatically be made on your behalf.

Door-to-door delivery

If you forget to grab some cash for when you first arrive at your destination, Anying Foreign Exchange offers free door-to-door delivery for currency exchange. Order it online and it’ll be with you before you leave.

Additional travel products

Being in the business of leisure, currency exchange specialists such as Change Group have capitalised on the needs of their customer base, and offer pay-as-you-go sim cards and prepaid phone cards.

Why shop around?

On any given day, the exchange rate between different financial institutions might differ up to 3-4 cents per dollar. Whilst this might not seem remarkable for smaller sums, when longer trips call for significant expenses, you will start to see the benefits of currency shopping. The list of considerations for a currency exchange outlet should include:

  • Do they charge fees?
  • Do they take a commission?
  • What is the processing time?
  • What is the currency availability (both in cash and card)?
  • Cash Vs. plastic – what best suits your needs?
  • Do they buy back unused currency?

Your guide to foreign exchange rates.

Clarizza Fernandez

Clarizza is finder.com.au's assistant publisher for banking and investments. She works to empower consumers in making informed decisions on all things banking and investments. In her spare time, she Googles: 'Sydney's best dog parks' and 'Best pasta Sydney.'

Was this content helpful to you? No  Yes

Related Posts

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.

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

Ask a question
feedback