So I have a bit of a weird one here so bear with me. About 15/20 years ago, my father went on a trip to America and purchased some travellers cheques. He ended up not using all the cheques and had $750 USD left over. He has held on to them this whole time.
I am about to travel and he would like to give me the money before I go to the US - amazing gift. I'll have to get them exchanged before I leave as they obviously need to be signed by my father.
However, I have looked into how to exchange these - the major banks change the cheques at a rate of approximately $7 per cheque. Unfortunately I have 12 cheques (3x$100 9x$50) so that will come to a total of $84.
I know I can go to the American Express Currency Exchange stores (there is one about 30 mins away from me at a post office) but I cant find any information about the cost of cashing there. I have tried to call the store, but I just get put through to the Australia post general line. Or if I try to call the Amex line, I get through to their international line which isn't very helpful.
Does anyone know how much the American Express Currency Exchange stores charge to cash Amex travellers cheques into USD in Australia?
I am not complaining, I know my father is giving me a wonderful gift, I just want to maximise what I can get, along with not having to drag my dad out of work for an hour to cash the cheques if he can just do it at his local bank?
Thanks team!
Matt
I am about to travel and he would like to give me the money before I go to the US - amazing gift. I'll have to get them exchanged before I leave as they obviously need to be signed by my father.
However, I have looked into how to exchange these - the major banks change the cheques at a rate of approximately $7 per cheque. Unfortunately I have 12 cheques (3x$100 9x$50) so that will come to a total of $84.
I know I can go to the American Express Currency Exchange stores (there is one about 30 mins away from me at a post office) but I cant find any information about the cost of cashing there. I have tried to call the store, but I just get put through to the Australia post general line. Or if I try to call the Amex line, I get through to their international line which isn't very helpful.
Does anyone know how much the American Express Currency Exchange stores charge to cash Amex travellers cheques into USD in Australia?
I am not complaining, I know my father is giving me a wonderful gift, I just want to maximise what I can get, along with not having to drag my dad out of work for an hour to cash the cheques if he can just do it at his local bank?
Thanks team!
Matt
