Branches of national, state, and some foreign banks can be found in the central business districts of Australia’s state capitals. Most small towns will often have at least one branch of a major Australian bank. Banks generally offer the best exchange rates but money can also be changed at bureaux de changes, large departmental stores, and hotels.

Banking trading hours are from 9:30 a.m. to 4 p.m. Mondays to Thursdays and from 9:30 a.m. to 5 p.m. on Fridays. Major city banks are often open from 8:30 a.m. to 5 p.m. on weekdays.

Exchange rates:
Australian dollars per US dollar – 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002), 1.9334 (2001)

The Australian dollar – coins (five, 10, 20, and 50 cent, and one and two dollar denominations); notes (five, 10, 20, 50, 100 dollar denominations).

Banking
Banks and Currency Exchange Outlets are open Monday to Thursday from 9.30am to 4pm, and Friday 9.30am to 5pm, although some branches in the central business district are open longer hours. Automatic teller machines are found throughout the city, and give cash advances on credit cards. Foreign currency and travelers’ checks can be exchanged at banks or dedicated exchanges including Thomas Cook, American Express, Travelex, The Change Group and other outlets.

Currency and Banking
American Express
Ground and Level 5
92 Pitt Street
Sydney NSW 2000
(02) 9239-0666

Bank of America
[Offers no retail services; limited advice for existing customers]
Level 63, MLC Center
19-29 Martin Place
Sydney NSW 2000
(02) 9931-4200

Bankers Trust Company
Chifley Tower
2 Chifley Square
Sydney NSW 2000
800 023-336

Citibank
[ATM access only]
53 Martin Place
Sydney NSW 2000
(02) 9239-4100

Merrill Lynch
Level 51, MLC Centre
19-29 Martin Place
Sydney NSW 2000
(02) 9225-6500

Travelex Offices in Australia
Through Western Union/Travelex, anyone can send or receive money internationally for any reason – and no credit card, bank account or membership is needed.

Western Union Money Transfer
Western Union toll free number: 1800 501 500
37-49 Pitt Street
Sydney NSW 2000
(02) 9241-5722
182 George Street
Sydney NSW 2000
(02) 9241-2372
32 Martin Place
Sydney NSW 2000
(02) 9232-3009

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