It’s a good idea to carry some foreign money in the currency of the country you're visiting to cover incidental expenses such as taxis, meals and tipping. (But remember; if you lose your foreign cash, it is gone and cannot be replaced. Never carry too much foreign currency on you at any one time.)
Why buy foreign currency cash?
Foreign currency is convenient and can be readily used to purchase goods and services. If you know which countries you are going to visit, and want to plan ahead, you may want to purchase some foreign cash before you go. ANZ offers over 50 different international currencies1, so no matter where you are travelling we should have a currency to suit your needs2.
Check ANZ foreign currency exchange rates for the full selection.
Buying foreign currency cash
You can buy foreign currency cash through:
- ANZ Foreign Exchange Centre
Foreign currency cash can be purchased by both ANZ and non-ANZ account holders.
- ANZ Foreign Exchange ATM
Foreign currency cash (USD, NZD, EUR and GBP) can be withdrawn using a domestic Australian financial institution card (must be linked to an Australian dollar account). ATM withdrawal limits apply.
- ANZ branches
The ability to purchase foreign currency on the spot will depend on the cash holdings of the ANZ branch at the time. If the required foreign currency is not available on the spot, foreign cash orders can be collected within 2-3 business days. Foreign currency to the equivalent of less than AUD1000 can be purchased in ANZ branches by both ANZ and non-ANZ account holders. Foreign currency to the equivalent of AUD1000 and over may be purchased by ANZ account holders using an ANZ transaction account or an ANZ credit card account. Non-ANZ customers wishing to purchase foreign cash to the equivalent of AUD1000 and over, visit an ANZ Foreign Exchange Centre (photo identification required).
- ANZ Internet Banking and ANZ Phone Banking
Foreign currency cash can be ordered using an ANZ transaction account online via the International Services tab in ANZ Internet Banking or via ANZ Phone Banking by calling 1800 352 535 (free call) in Australia, 8.00am to 8.00pm AEST/AEDT, Monday to Friday. Foreign currency cash ordered via these channels can be collected from an ANZ branch within 2-3 business days. Remember to bring your current driver’s licence or passport for identification.
What fees are involved?
Foreign currency cash is charged at 1% of the AUD equivalent value for each currency purchased, with a minimum charge of AUD8 per currency. This fee will be waived for existing ANZ customers who purchase foreign currency cash at ANZ branches or via ANZ Foreign Exchange Centres, ANZ Internet Banking, ANZ Phone Banking and ANZ Foreign Exchange ATMs.
Foreign Currency Conversion
When you return home, any accepted foreign currency notes can be converted back to Australian Dollars at any ANZ branch or ANZ Foreign Exchange Centre location. A fee of AUD8 per currency applies. This fee will be waived for existing ANZ customers3.
Please bring suitable photo identification, such as your passport, when exchanging your money.
Please note: Non-ANZ account holders are able to convert their foreign cash back into Australian dollars at ANZ branches where the value of the transaction is less than AUD1000. Conversions for the equivalent of AUD1000 and over must be made via an ANZ Foreign Exchange Centre.
1. Certain currencies are only available from an ANZ Foreign Exchange Centre, Melbourne and Sydney International Airports and through ANZ Phone Banking. Refer to foreign exchange rates for the full selection and further information.
2. Currencies are subject to stock availability. Limitations on the sale and purchase of some currencies may apply.
3. Selling foreign currency cash fee waiver is only available to existing ANZ customers who convert foreign currency into Australian Dollars in any ANZ branch or ANZ Foreign Exchange Centre. Standard product terms and conditions apply.
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ANZ recommends you read the ANZ Financial Services Guide (PDF 104kB) before acquiring the product.
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