- Wide range of supported currencies
- Competitive exchange rates
- Ordering online or in-store
Not so great for
- Limited number of branches
- Only has stores in Sydney and Melbourne
- Credit card surcharge
United Currency Exchange offers competitive exchange rates on all transactions, but rates differ instore and online. The company claims this is because instore rates are updated every 10 seconds while online rates are updated every 60 seconds. However, there are no fees or commissions charged on currency exchange transactions.
WeXchange adds a margin on top of the mid-market exchange rate, but its exchange rates are still generally better than those offered by the major banks. The latest rates for buying and selling foreign currency are listed on the WeXchange website.
Aside from the margin, there are no additional transaction or handling fees unless you pay via credit or debit card.Compare this against the rates of some other foreign cash services
WeXchange offers foreign exchange services on 43 currencies, including:
WeXchange is a foreign exchange provider that allows you to:
There are two options when placing an order:
In-store purchases can be processed straight away, but online orders have a processing time of three business days.
If you place your order after 5pm (AEST), you'll need to allow for an extra business day before your order can be completed.
Online currency orders with WeXchange can be paid for via:
In-store purchases can be paid for using:
Orders typically take
WeXchange is regulated in Australia by the Australian Securities and Investments Commission (ASIC). Established in 2003, this foreign exchange services provider has 4 Australian stores spread across Sydney and Melbourne.
The company claims its customer service representatives have more than 30 years of experience in the foreign exchange market: its team can be contacted via phone, email or online chat.
WeXchange makes money by adding a margin on top of the mid-market exchange rate. The mid-market rate is the "true" exchange rate you see quoted in financial news reports and on currency conversion websites like XE.
However, WeXchange does not charge any additional transaction fees, unless you're paying by card.
When placing an online order, you'll be asked whether you're an existing WeXchange customer. If not, you'll need to register for an account by providing:
You will also need to provide proof of ID when collecting your order in-store.
You can place an online currency order by completing the following steps:
WeXchange is an Australian foreign exchange service provider that aims to offer a hassle-free way to buy and sell travel money. Founded in 2003, it allows customers to buy and sell 40+ foreign currencies and has 4 locations in Sydney and Melbourne:
Want to see how WeXchange stacks up against the competition? Check the table below to compare fees and exchange rates across a range of foreign exchange services.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
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