Tax on Currency Exchange for Travel Money and Travellers’ Cheques
If you want to exchange large amounts of money for your trip abroad, it’s natural to wonder whether you’ll be taxed and whether it’s better to exchange your foreign currency overseas. The good news is that in Australia, you don't have to pay tax on currency exchange if you're simply buying foreign cash for a...Continue reading→
Why You Can’t Find an American Express (AMEX) Currency Exchange Store
If you have used American Express in the past to buy some travel money, you might be wondering - why can't I find them anywhere? Well, unfortunately, American Express has stopped buying or selling currency in cash. AMEX currency exchange closed their Australian stores. They also closed their wholesale division and no longer offer customers...Continue reading→
Melbourne Currency Exchangers Close for Stage 4 Restrictions
If you need to exchange currency in Melbourne right now, you'll have to wait at least 6 weeks. Every money exchange store in Melbourne was forced to close their doors under stage 4 business restrictions from today. Under these new restrictions, financial and insurance services will be closed with the exception of bank branches and...Continue reading→
Currency in New Caledonia
A Travel Money Guide to New Caledonia New Caledonia is one of our favourite jewels in the South Pacific crown. But it isn’t a budget destination and to get the most out of your trip, it’s a good idea to learn everything you can about the local currency and payment options before you go. The...Continue reading→
Currency in Vanuatu
A Travel Money Guide to Vanuatu Vanuatu is one of our favourite South Pacific holiday destinations, thanks to its luxurious boutique hotels, enticing regional cuisine, wreck diving, blue hole explorations, and extravagant spa life. With more than 80 islands, Vanuatu has plenty to offer but this also complicates money matters when travelling around. The official...Continue reading→
Why Every Currency Exchange Offers a Different Rate
If you've ever had to buy some foreign currency before a trip overseas, you probably noticed that every website has a different exchange rate. On top of this, no money changers seem to use the same rate as XE.com or Google. While it can be frustrating, knowing why each each exchange rate is different will...Continue reading→
Is It Cheaper to Buy Foreign Currency Online?
Compared to the traditional way of buying currency in person, ordering foreign currency online is usually cheaper. Money changers that have a retail store have to pay for rent, staff and insurance. Online money changers like S Money don't have these large costs, making it easier to provide better exchange rates and lower fees. Buying...Continue reading→
Currency in Fiji
A Travel Money Guide to Fiji Fiji is just a short flight from the Australian east coast, making it a popular holiday destination for couples and families. And what’s not to love? You'll be exploring white sand beaches, enjoying fresh coconuts, and snorkelling in reefs that earned Fiji the moniker the “Soft Coral Capital of...Continue reading→
Currency in China
A Travel Money Guide to China You’ll have more than enough to wrap your head around with China’s different culture, language, customs, and lifestyle. Why not save yourself one less stress? It helps to get savvy about money matters in China before you go. This post covers everything from how and where to exchange currencies...Continue reading→
Currency in Canada
A Travel Money Guide to Canada What’s not to love about Canada? Our northern hemisphere cousins boast incredible ski fields, vibrant cities, and stunning coastlines waiting to be explored. Your Canadian holiday will be a little easier if you’re familiar with the country’s money matters: what the local currency is, whether you can use US...Continue reading→
