Page 226 - (DK Eyewitness) Travel Guide - Sydney
P. 226

224      SUR VIV AL  GUIDE

       Banking and Local Currency              Wiring Money
                                               Money can only be transferred
       Sydney is Australia’s financial capital. In the Central Business   to a person travelling in Australia
       District (CBD) are the imposing headquarters of several of    if that person has set up a bank
       the country’s leading banks, as well as the Australian head   account in Australia. Transfer
       offices of major foreign banks. Visitors will find local, state    fees, which may average around
                                               £10, are charged by UK banks
       and national bank branches dotted at convenient intervals   and the Australian bank may
       throughout the city and suburbs.        also charge a fee. The ANZ
         There is no limit to the amount of personal funds that   Bank has a branch in London
       visitors can bring into Australia, but they must declare   where travellers can set up
       amounts over A$10,000 on their entry form. Most currencies   an Australian account before
                                               they leave home. It can take
       can be exchanged on arrival at the airport. Money can be
       changed at banks, bureaux de change (these generally offer   DIRECTORY
       the best exchange rates) and also at hotels.
                                                Banks and Bureaux
                                                de Change
                           ATMs
                                                American Express
                           ATMs can be found in most   12 Shelley St, King St Wharf.
                           bank lobbies or on an external   Map 4 D1.
                           wall near the bank’s entrance,   45 Sussex St. Map 4 D1.
                           on main streets and in shopping   181 Castlereagh St (inside
                           areas throughout the city. Ask   Australia Post). Map 4 E2.
                           your home bank or credit card   Tel 1300 736 659 or 1300
                           provider which Australian banks   139 060.
                           and cash dispensers will accept   ANZ Bank
                           your debit and credit cards, and   20 Martin Place. Map 4 E1.
                           what the transaction charges per   Tel 131 314.
                           use will be. To avoid multiple   The Change Group
                           charges, it is preferable to make   Jetty 6, Circular Quay. Map 1 B3.
                           a larger cash withdrawal rather   Tel 9247 2082. Open 9am–
                           than several smaller ones when   7pm daily.
       High street bank logos of four major   using an ATM not associated   222 Pitt St (Piccadilly Arcade).
       Australian banks    with your card account.  Map 4 E3. Tel 9266 0644.
                                                ∑ changegroup.com
       Banks and Bureaux
       de Change           Credit and Debit Cards  Citibank
                                                2 Park St. Map 4 E2.
       Bank trading hours are usually   All well-known inter national   55–57 Pitt St. Map 1 B3.
       9:30am–4pm Monday to   credit cards are widely accepted   695 George St. Map 4 E4.
       Thursday, and 9:30am–5pm on   in Australia, as well as debit cards   Tel 9978 2871.
       Fridays. Some branches are also   issued by major foreign banks.   Commonwealth Bank
       open to mid day on Saturdays.   Visa and MasterCard (Access) are   48 Martin Place. Map 1 B4.
       Major city banks open   the most widely accepted cards,   Tel 132 221.
       8:30am–5pm on weekdays.  while American Express is also   National Australia Bank
         Most bureaux de change are   taken by most retailers and travel   343 George St. Map 1 B4.
       open Monday to Saturday, 9am–  providers. Some smaller estab-  Tel 132 265.
       5:30pm, and some are open   lish ments such as cafés,
       Sundays. Many state they don’t   newsagents and convenience   Travelex
       charge commis sions or fees, but   stores do not accept card   330 George St. Map 1 B4.
                                                570 George St. Map 1 B5.
       their exchange rates are generally  payments. If your card is linked   Tel 9978 2871.
       lower than at banks. The current   to a savings account, you can
       exchange rates, which can vary   use it as a debit card to both pay   Westpac Bank
       considerably day to day, are   for goods and withdraw cash   341 George St. Map 1 B4.
       shown in the windows or foyers   from your account in the same   Tel 132 032.
       of banks and bureaux de change.  transaction, minimizing ATM fees.   Wiring Money
         Pre-paid travel cards or money     Most retailers have “tap-and-
       cards, loaded with Australian   go” terminals that use chip   ANZ Bank UK
       dollars before you travel, are an   readers for card transactions    40 Bank St, Canary Wharf,
       easy and secure way to access   up to A$100, eliminating the   London, E14 5EJ, UK.
       your money through ATMs and   need to enter a PIN code.  Tel 0203 229 2121.
       make purchases while avoiding     Carry the phone number of   Western Union
       excess transaction fees and   your credit card issuer in case   ∑ westernunion.co.uk
       fluctuating exchange rates.  your card is lost or stolen.




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