If you’ve ever changed money at the airport, you’ve probably felt robbed. That’s because airports and banks can charge Australians markups as high as 5–7%. On a $5,000 AUD trip fund, that’s $250–$350 gone before you’ve even left the tarmac.
Ordering foreign currency online flips the script. You get better rates, no mystery fees, and your cash turns up at your door with no queues. With over a decade in the currency exchange industry, Foreign Xchange continues to make the entire process straightforward and crystal clear.
Here’s how it all works, why it saves you serious coin, and what to watch out for.
Why Ordering Foreign Currency Online Makes Sense
Airport kiosks and banks have been generating revenue for years. But online platforms cut out the middlemen. They don’t have branch rent or airport commissions eating into margins.
Here’s what that means for your wallet:
- Markup savings: Airports often add 5–6% above the market rate. On $2,000 AUD to USD, that’s $100–$120 wasted. For online platforms, that’s often 0.5–1%, so you save the difference.
- No flat fees: Banks love a sneaky $10–$20 transaction fee. Most online providers don’t charge a cent on top.
- Real-time rates: Currency markets shift daily. Online platforms update every few minutes, so you lock in a rate you actually want, not whatever’s on the board when you rock up.
For example, if the Australian dollar is at 0.66 USD. With airports adding 5%, you might only get 0.63 USD. But online, you could get 0.659 USD or better. That’s an extra USD 60–70 on $3,000 AUD, enough for dinner and drinks on your first night.
Step-by-Step Guide to Ordering Foreign Currency Online
Here’s exactly how to order foreign currency online in Australia without stuffing it up:
Step 1: Find an online foreign exchange website
Visit an online foreign currency exchange website, such as foreignxchange.com.au. Here, rates update every few minutes.
Step 2: Use the currency exchange calculator
Plug in how much you want. For example, $2,500 AUD at 0.66 = USD 1,650.
Step 3: Lock in the rate
Happy with what you see? Hit “Buy.”
Step 4: Fill out your details
Fill out the name, address, and contact number. Orders over $5,000 AUD may need ID checks. That’s standard AUSTRAC rules.
Step 5: Pick your payment
BPAY or bank transfer. BPAY clears overnight, and transfers can take a day or two.
Step 6: Request denominations
Want smaller notes for taxis or markets? Ask for USD 20s instead of all big notes.
Step 7: Check out
Check-out is a simple one-page process with no hidden steps.
Step 8: Get your cash
Metro deliveries take 1–3 business days. Rural spots might need 3–5 days. You sign on delivery, so it’s safe and traceable.
Tips for Getting the Best Rates
- Order mid-week: Tuesday to Thursday often sees steadier rates. Mondays and Fridays can be volatile after global market shifts.
- Watch the RBA: When rates rise, the Aussie dollar often jumps. Lock in then before it drops again.
- Set up alerts: Some platforms send you an email when rates reach your target. No more guessing games.
- Go big once: Ordering $3,000 AUD in one hit can score you better rates than three separate $1,000 orders.
- Plan ahead: Two weeks’ notice means you dodge airport panic buys.
A family heading to Bali last month ordered IDR 20 million two weeks early. Saved $140 AUD versus grabbing it last-minute at the airport.
Cost Comparison: $5,000 AUD to USD
|
Provider |
Markup Above Market | Fees | USD Received | Total Cost (AUD) |
| Sydney Airport Kiosk | 5–6% | $0–$10 | $3,100–$3,150 | $5,150–$5,300 |
| Big Bank | 3–4% | $10–$20 | $3,200–$3,250 | $5,100–$5,200 |
| Online Platform | 0.5–1% | $0 | $3,300–$3,320 |
$5,000–$5,020 |
That’s a $200–$300 saving on the same amount; money better spent on your trip than in someone else’s pocket.
Frequently Asked Questions
Is ordering foreign currency online safe?
Absolutely. Australian providers like Foreign Xchange are AUSTRAC registered, use insured couriers, and verify ID before handing over cash. Payments are processed through encrypted gateways, such as BPAY, for added security.
How long does delivery take?
Orders within the popular suburbs take 1–3 business days once payment clears. Regional areas may require up to 5 business days, so please order early if you live outside the city.
Can I order large amounts?
Yes. Over $5,000 AUD triggers ID checks under anti-money laundering laws. Over $10,000 AUD may need proof of travel or invoice documents.
Wrap Up – Keep More Money for Your Trip
Ordering foreign currency online in Australia is convenient and saves you real cash, dodging hidden fees, giving you time to enjoy your holiday instead of standing in bank queues.
Ready to save? Order now via Foreign Xchange or contact us for enquiries.