Lexi Webster
Australia Post, formally the Australian Postal Corporation and also known as AusPost, is an Australian Government-owned corporation that provides postal services throughout Australia. It offers various services related to international travel, including currency exchange. Customers can exchange their Australian dollars for foreign currency at over 3,000 Australia Post locations across the country.
| Characteristics | Values |
|---|---|
| Currency exchange | Yes, Australian dollars can be exchanged for other currencies and vice versa |
| Currency conversion | Yes, Australian dollars can be converted into other currencies |
| Minimum exchange limit | AUD 200 for in-person exchange at a post office |
| Minimum online exchange limit | AUD 500 |
| Maximum exchange limit | AUD 5,000 |
| Commission fee | 0% |
| Number of locations | 3,000+ across Australia |
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What You'll Learn
Australia Post currency exchange
Australia Post offers currency exchange services in its stores and online. It has partnered with Foreign Xchange, Travelex, and Travel Money Oz to provide currency exchange services to its customers.
Foreign Xchange offers exchange rates that are better than those offered by banks. They have partnered with Australia Post to allow customers to access their travel money by delivering it to one of their 3,000+ currency exchange locations. The process is simple: order your desired currency online, select your preferred Australia Post store, and collect your order within 3-5 business days.
Travelex offers a similar service, allowing customers to place their order online and select their nearest Australia Post branch for collection. This service is available for orders between AU$350 and AU$5,000, with delivery available in as little as three business days.
Travel Money Oz also offers currency exchange services through Australia Post, although the details of this partnership are less clear.
It is important to note that when buying travel money in cash, either in-store or online, you may be subject to an unfair exchange rate with hidden fees. Using a travel money card instead may help you save money when travelling abroad.
Additionally, it is always a good idea to compare your options carefully, as not every currency exchange service provides decent value. Exchange rates in the country you are visiting may be more favourable, even at ATMs.
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Foreign Xchange partnership
Foreign Xchange has partnered with Australia Post to offer customers a convenient way to access their travel money. With this partnership, customers can now opt to have their foreign currency delivered directly to any of the 3,000+ Australia Post stores across the country, instead of having it sent to their home address. This service is ideal for those who are unable to receive their order during weekdays.
To use this service, customers simply need to place their order online through the Foreign Xchange website, selecting the currency they require and the amount they wish to purchase. Foreign Xchange offers competitive exchange rates on over 60 currencies, including the US Dollar and the Fiji Dollar.
Once the order has been placed and paid for, customers can choose their preferred Australia Post store and receive their currency within 3-5 business days. This partnership ensures that customers can take advantage of Foreign Xchange's great rates while also benefiting from the convenience and security of collecting their order from a trusted Australia Post location at a time that suits them.
Foreign Xchange is not the only company to partner with Australia Post for currency exchange services. Travelex also offers a similar service, allowing customers to pick up their travel money from any of the available Australia Post branches. Additionally, companies like GC Partners and Foreign Currency Partners also specialise in providing foreign exchange services, leveraging strong partnerships and utilising cutting-edge tools to ensure competitive rates and reliable transactions for their clients.
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$79.99
Travelex delivery service
Travelex offers a Post Office delivery service that works just like any other Travelex delivery order. You can place your order online and select your nearest Australia Post branch from the listed options when you checkout. The Post Office delivery service is available for cash orders between AU$350 and AU$5,000. You can expect your order to be delivered in as little as three business days or on your chosen delivery date.
Travelex also offers a free next-day home delivery service for customers in the UK. This service is only available for customers aged 18 years or over, who are residents in the United Kingdom. Your order will be sent using secure Royal Mail Special Delivery and will require a signature upon delivery.
In addition, Travelex offers a Click & Collect service, which is free and available across the UK. You can collect your order from any Travelex store, designated Travelex Click & Collect ATM, or major airport. When collecting your order from a Travelex store, you will need to provide the credit or debit card that you used to pay for your order online, as well as a valid form of identification. If you are collecting your order from a Travelex ATM, you will need your order confirmation number, date of birth, and One Time Pin (OTP).
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Online currency conversion
Foreign Xchange, for instance, offers exchange rates that are better than those offered by banks. They have partnered with Australia Post to allow customers to pick up their travel money from over 3,000 Australia Post stores across the country. The process is simple: you place your order online, select your preferred Australia Post store, and collect your order within 3-5 business days.
Travelex offers a similar service, where you can place your order online and then collect it from one of the 3,000 Australia Post stores. Their online rates are competitive, and the delivery is secure. The minimum order amount for this service is AU$350, and the maximum is AU$5,000.
Other online currency converters include OANDA, which offers a free currency converter with accurate and reliable foreign exchange rates based on OANDA Rates™. With over 31 years of historical data for more than 38,000 forex pairs and rates from over 200 currencies, commodities, and precious metals, OANDA provides a comprehensive service. They also offer a money conversion service in partnership with Shift, catering to your FX payment needs.
XE is another option, providing live exchange rates and allowing you to send money to 190 countries across 130 currencies. They offer flexible transfer options and provide rate alerts, market analysis, and accurate data through their Xe Currency Data API.
Wise (formerly TransferWise) is a popular choice for currency conversion, as they always offer the mid-market rate, ensuring you don't overpay. With Wise, you can convert over 140 currencies quickly and easily, and they provide a transparent comparison with other providers to ensure you get the best rate.
These online currency converters offer efficient and secure services, often with better rates than traditional banks. They provide convenience by allowing you to order and receive your currency at your nearest post office or through seamless online transactions.
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In-person currency exchange
Australia Post, formally the Australian Postal Corporation and also known as AusPost, is an Australian Government-owned corporation that provides postal services throughout Australia. It offers various services related to international travel, including currency exchange.
If you're looking to exchange your Australian dollars for another currency in person, Australia Post offers this service at over 3,000 locations across Australia. You can exchange your Australian dollars for more than 60 foreign currencies, including the US dollar, Canadian dollar, Fiji dollar, Euro, British pound, and Philippine peso.
To use this service, you can simply visit a participating post office branch and enquire about the currency exchange. You will need to provide proof of identification to complete the transaction. The minimum amount you can exchange in person at a post office is AUD 200, and the maximum is AUD 5,000.
In addition to exchanging cash, Australia Post also offers travel cards that can hold multiple currencies on one card, such as the Load&Go Travel card and the Cash Passport Platinum Mastercard. These cards can be convenient if you want to use a card abroad and easily manage multiple currencies. However, be mindful of any associated fees and expiration dates.
It's worth noting that Australia Post partners with other companies like Foreign Xchange and Travelex to facilitate currency exchange services. When using these services, you can order your desired foreign currency online and have it delivered to a post office location for pickup, providing flexibility and convenience.
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Frequently asked questions
Yes, Australia Post offers currency exchange services, allowing you to exchange Australian dollars for various foreign currencies.
You can visit the website of a foreign exchange service provider partnered with Australia Post, such as Foreign Xchange or Travelex, select the foreign currency you need, and choose the Australia Post delivery option. After paying online, you can collect your foreign currency from your chosen post office branch within 3 to 5 business days.
Yes, there are minimum and maximum limits for exchanging cash at Australia Post. The minimum limit for exchanging cash at a post office is AUD 200, while the minimum for online exchanges is AUD 500. The maximum limit for both options is AUD 5,000.
