The Commonwealth Bank of Australia (CBA) offers a currency converter to assist customers in calculating currency exchange rates for various transactions, including international money transfers, foreign cash purchases, and Travel Money Card reloads. This tool provides real-time exchange rates and helps estimate the amount in the target currency.
Available Currencies
The CBA currency converter supports a wide range of currencies, allowing you to convert Australian Dollars (AUD) to and from numerous foreign currencies. For a comprehensive list of supported currencies, please refer to the official CBA foreign exchange rates page.
Exchange Rates and Fees
Exchange rates provided by CBA are indicative and may not reflect the specific rate that will apply to your transaction. Rates are subject to change and include a margin over the wholesale rate. Additionally, transaction fees may apply, depending on the type of service used. For instance, when sending money overseas via NetBank or the CommBank app, CBA waives the transfer fee for transactions involving currencies different from AUD. However, correspondent and beneficiary bank fees may still be applicable.
Accessing the Currency Converter
To use the CBA currency converter, visit the official CBA foreign exchange calculator page. There, you can select the type of transaction, input the amount, and choose the currencies involved to view the current exchange rate and estimated amount in the target currency.
Additional Services
In addition to the currency converter, CBA offers various foreign exchange services, including:
- International Money Transfers: Send money overseas in over 30 currencies using NetBank or the CommBank app.
- Foreign Cash: Purchase foreign currency notes online or at select branches.
- Travel Money Card: Load multiple currencies onto a prepaid card for secure overseas spending.
For more information on these services and to access the currency converter, please visit the official CBA foreign exchange calculator page.
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