How to Find the Best Way to Exchange Currencies in Australia for Students

When selecting a location to study abroad, the quality of the education is the most important consideration. Australia is one of the most sought-after locations among Indian students due to its high standard of instruction, wide range of available degrees, and post-study employment chances. The best colleges in the world with top-notch instructors are yours to select from when you decide to study in Australia. 2018 saw a 17% rise in the number of Indian students enrolled. Eight of the top 100 universities in the world are Australian institutions of higher learning. The quantity of well regarded academic institutions nearby is the icing on the cake. The educational system in Australia likewise emphasizes research-based work more.

For Indian students wanting to study in Australia or those already studying in Australia, it is compulsory that the students have Australian Dollars in hand so that they don’t face unnecessary delays while making important academic payments. Thomas Cook’s forex services are there to look after currency exchange facilities in Australia for students.

Money Transfer

While packing a forex card is a wise decision for traveling abroad for higher studies, nothing compares to the freedom that actual currency notes provide. For smaller transactions like paying a cab driver, paying a hostel fee, or paying a private tutor that does not accept cards, cash is useful. It’s also a good idea to have some foreign currency in hand in case of an emergency. Thomas Cook offers genuine currency notes in 26 different currencies around the world in addition to facilitating the conversion of Indian rupees to forex cards. Our best-in-market currency rates have made us well-known.

Thomas Cook provides speedy remittance services through which you can send money to your child in Australia. Thomas Cook has tie ups with authentic money transfer agents like MoneyGram and XpressMoney, which will not let you give a second thought to sending money to your child abroad by associating with us. You just need to log on to the Thomas Cook online portal, go to the “Send Money Abroad” and fill in the required details correctly. Thereafter, we will get in touch with you to send the Australian dollars to your child and make sure that it reaches the exact receiver as soon as possible. Through this facility you can send money online, in cash, transfer to the international bank account of the receiver or transfer to the receiver’s mobile wallet.

Forex Card

The best forex card for students is a Thomas Cook prepaid card because it is secured by a chip and PIN. Since it is not connected to any bank accounts, no one can empty your bank account if it is lost or stolen. Your lost or stolen card can be immediately blocked, and you can get a new one absolutely free. A forex card allows students to pay for their expenses while studying in a foreign country like Australia, without worrying about the hassles of carrying cash everywhere. You can opt from the following prepaid cards as your foreign exchange companion:

• Borderless Prepaid Multi Currency Card – You can load up to 9 currencies in this card and can use any of the 3 million Visa ATMs worldwide to withdraw local currency. You can swipe it at any of the 70 million Visa merchants in more than 200 nations. This card provides automatic conversion of currencies according to the location of the transaction. This card can be loaded multiple times.
• One Currency Card- This card charges no fees for cross conversion.  You can access more than 2 million MasterCard ATMs worldwide to withdraw local currency.  Easy to swipe at any of the 35.2 million MasterCard retailers worldwide. It gives you up to USD 10,000 in insurance coverage.

Buy forex online

It is wise to convert money in advance because buying foreign currency in another nation can be expensive and difficult. Visit Thomas Cook to exchange Indian currency for Australia international students, in the comfort of your home now rather than rushing to the currency counters at the airport or looking for dealers overseas. The 24-hour delivery service, currency blocking in advance, best online exchange rates, and security of your online transaction are all advantages of buying foreign money with Thomas Cook. Simply go to the Thomas Cook website, enter your information, select your currency, and buy forex at the best exchange rate of the day. We have every money you could want! Furthermore, you may have the purchased currency delivered to your house or pick it up at your local Thomas Cook branch. You may also select from a variety of payment methods to purchase foreign money at your leisure. You save money and time by obtaining foreign exchange from Thomas Cook online.

Trusted currency exchange portal

When it comes to buying forex, the main concern is finding a trusted and verified forex selling institution. If you have come across Thomas Cook, then you are definitely on the right page, as it is the best way to exchange currency. We are a reliable body of valid foreign currency providers along with having the required expertise in identifying fake currency notes. You can trust us to deliver with forex because we have over 50 years of forex experience. We are one of the most dependable forex sellers and authorized to operate by the RBI.

4 step currency exchange

Australia international students can exchange Indian currency in just 4 easy steps:

• Choose the currency and the required denomination you want against INR.
• Add the recipient and sender information along with the remittance reason
• Make payment by a variety of methods, including a debit card, credit card, and net banking.
• With the reception of the completed currency order at the blocked rate, KYC and the fulfillment of the remittance, the transaction stands complete.

Money saver tips for students

If you decide to study abroad, you will eventually need money to cover your tuition costs. Tuition fees make up a sizable portion of your overall educational costs, so even minor changes in the currency exchange rate or forex rate could have an impact on your overall spending plan and make managing your foreign currency savings challenging. You can save a lot of money by using Thomas Cook, which is one of the most trusted online money transfer platforms that offer affordable currency exchange rates.

Money forgery is a common tactic used by con artists. It’s crucial to become familiar with the appearance of the currency if you want to protect yourself against fraud. Even though you can identify fake currency by examining the watermark, the writing, the borders, etc., you should always make sure to choose reputable and trustworthy foreign exchange services.

It costs a lot to use debit or credit cards while studying abroad, as students generally have a limited amount of funds with them. When you do that, you are assessed 3 different fees. It’s best to hold off on doing that to save money.

When you buy or sell currency, airports are renowned for charging a margin of anywhere from 5 to 10%. So, avoid exchanging money at airports.