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Foreign Exchange Services
SERVICE ONE can offer you a complete foreign exchange service to ensure you get value for money and quality service.
So whether you are taking money, sending money, or receiving money from overseas, we can help. More information on each of these services is offered below.
Cash Passport Card
The Cash Passport Card is a pre-paid, PIN-protected card that enables you to obtain local cash from foreign ATMs or to pay for goods overseas using the Visa network.
You can choose from either an ATM card or Debit card:
| Cash Passport ATM card | Cash Passport Debit card |
| Access to over 1 million Visa ATMs. | Access to over 24 million Visa merchants and over 1 million Visa ATMs worldwide. |
| PIN protected. | Works like a normal debit card, so you can shop online or over the phone. |
| Preload with Australian Dollars, US Dollars, Euros, British Pounds, Hong Kong Dollars or Singapore Dollars. | Available in Australian Dollars, US Dollars, New Zealand Dollars, Euros or British Pounds. |
Travellers Cheques
Travellers cheques are the safe way to protect yourself against the hassle and inconvenience of losing cash and are widely accepted at banks, hotels and business establishments and shops - both in Australia and around the world.
Travellers cheques may be ideal if you are travelling to a destination that does not have an extensive ATM or EFTPOS network.
These cheques are available in a range of currencies:
| Location | Available Denomination |
| North and South America and most worldwide locations | US$ 20, 50, 100, 500, 1000 |
| Canada | C$ 50, 100 |
| Europe | Euro 50, 100, 200 |
| Switzerland | SF 50, 100, 200, 500 |
| Japan | Y 10,000, 20,000, 50,000, 100,000 |
| South Africa | R 100, 500 |
| Most worldwide locations excluding America | GBP 10, 20, 50, 100, 200 |
Telegraphic Transfers
A Telegraphic Transfer transmits funds electronically to an overseas bank account in a specified currency. Funds are deposited directly into the payee’s bank account where they can be easily accessed by the payee.
These payments can be made between local and overseas organisations or people and you can send a payment in most major currencies. They are generally faster than drafts as the payee normally receives payment within 24 - 72 hours of the transfer being sent.
Drafts
A Draft is either a bank or company cheque, made out to your nominated payee in a foreign currency. If you have no time constraints, and you are happy using the mail and you don’t need the funds to be paid directly into an account, then a Draft would be suitable.
Drafts may be enclosed with letters or invoices and forwarded direct to the payee. A Draft is an economical method of transferring funds to a specific company or person overseas and provides security of payment as it is a non-negotiable instrument and can only be credited to the payee’s bank account unless the payee has endorsed the Draft. Choose from 24 different currencies such as the United States Dollar, Euro Dollar, British Pound, Singapore Dollar and more.
Foreign Cash and Cheques
We can supply foreign cash in over 40 currencies in a variety of denominations and we will convert foreign currency cheques into Australian Dollars (subject to acceptability).
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