Estimate your St. George Bank international transfer
I have AUD, I want Foreign Currency
I have Foreign Currency, I want AUD
USD – United States Dollar
EUR – Euro
GBP – British Pound
NZD – New Zealand Dollar
JPY – Japanese Yen
CAD – Canadian Dollar
SGD – Singapore Dollar
Indicative Rate:
Input Amount:
Converted Amount:
*Rates shown are indicative estimates based on typical retail banking margins relative to mid-market rates. Actual St. George Bank rates may vary at the time of transaction.
function updateLabels() {
var direction = document.getElementById('sg_direction').value;
var currency = document.getElementById('sg_currency').value;
var label = document.getElementById('sg_amount_label');
if (direction === 'AUD_TO_FOREIGN') {
label.innerText = 'Amount in AUD';
} else {
label.innerText = 'Amount in ' + currency;
}
}
function calculateExchange() {
// 1. Get Inputs
var amountStr = document.getElementById('sg_amount').value;
var currency = document.getElementById('sg_currency').value;
var direction = document.getElementById('sg_direction').value;
var resultDiv = document.getElementById('sg_result');
// 2. Validate Input
var amount = parseFloat(amountStr);
if (isNaN(amount) || amount Gets Foreign) – Lower number usually
// 'buy': Bank Buys Foreign Currency (Customer gives Foreign -> Gets AUD) – Higher number usually (requires more foreign to get 1 AUD)
// Note: These are example rates representing typical bank spreads (~3-5%)
var rates = {
'USD': { sell: 0.6450, buy: 0.6850 },
'EUR': { sell: 0.5980, buy: 0.6350 },
'GBP': { sell: 0.5120, buy: 0.5520 },
'NZD': { sell: 1.0650, buy: 1.1050 },
'JPY': { sell: 94.50, buy: 99.50 },
'CAD': { sell: 0.8800, buy: 0.9400 },
'SGD': { sell: 0.8700, buy: 0.9200 }
};
var selectedRateObj = rates[currency];
var finalRate = 0;
var convertedAmount = 0;
var outputText = "";
var inputText = "";
var rateText = "";
// 4. Perform Calculation based on Direction
if (direction === 'AUD_TO_FOREIGN') {
// Logic: Converting AUD to Foreign. Use "Sell" rate (Bank sells foreign).
// Formula: AUD * Rate
finalRate = selectedRateObj.sell;
convertedAmount = amount * finalRate;
rateText = "1 AUD = " + finalRate.toFixed(4) + " " + currency;
inputText = amount.toLocaleString('en-AU', { style: 'currency', currency: 'AUD' });
// Special formatting for JPY (no decimals usually)
if (currency === 'JPY') {
outputText = Math.floor(convertedAmount).toLocaleString('ja-JP', { style: 'currency', currency: 'JPY' });
} else {
outputText = convertedAmount.toLocaleString('en-US', { style: 'currency', currency: currency });
}
} else {
// Logic: Converting Foreign to AUD. Use "Buy" rate (Bank buys foreign).
// Formula: Foreign Amount / Rate
finalRate = selectedRateObj.buy;
convertedAmount = amount / finalRate;
rateText = "1 AUD = " + finalRate.toFixed(4) + " " + currency;
if (currency === 'JPY') {
inputText = Math.floor(amount).toLocaleString('ja-JP', { style: 'currency', currency: 'JPY' });
} else {
inputText = amount.toLocaleString('en-US', { style: 'currency', currency: currency });
}
outputText = convertedAmount.toLocaleString('en-AU', { style: 'currency', currency: 'AUD' });
}
// 5. Display Results
document.getElementById('sg_display_rate').innerText = rateText;
document.getElementById('sg_display_input').innerText = inputText;
document.getElementById('sg_display_total').innerText = outputText;
resultDiv.style.display = 'block';
}
Understanding St. George Bank Exchange Rates for International Transfers
Whether you are planning an overseas holiday, purchasing property internationally, or sending money to family back home, understanding the St. George Bank exchange rate is crucial for maximizing the value of your Australian Dollars (AUD). Currency conversion rates fluctuate constantly based on global market conditions, and banks apply specific margins to these rates.
This calculator helps you estimate the conversion value for international money transfers or travel money based on indicative retail banking margins.
How to Use the Exchange Rate Calculator
Using the tool above is straightforward and designed to mirror the logic used during a telegraphic transfer or foreign cash purchase:
Select Transaction Direction: Choose "I have AUD" if you are sending money overseas. Choose "I have Foreign Currency" if you are receiving funds into your St. George account.
Enter Amount: Input the precise amount you wish to convert.
Calculate: Click the button to see the estimated exchange rate and the final converted amount.
The Difference Between "We Buy" and "We Sell" Rates
When viewing St. George Bank exchange rates, you will typically see two columns. It is essential to choose the correct one to avoid miscalculating your funds:
Bank Sells (TT Sell / IMT Sell): This is the rate applied when you are converting your AUD into a foreign currency (e.g., sending money to the USA). The bank is "selling" you the USD. This rate is usually lower than the mid-market rate.
Bank Buys (TT Buy / IMT Buy): This is the rate applied when you receive foreign currency into your AUD account. The bank is "buying" the foreign currency from you. This rate is usually higher, meaning you need more foreign currency to buy 1 AUD.
Factors Influencing Your Exchange Rate
Several factors determine the final rate you receive when transferring money via St. George Bank:
Mid-Market Rate: The "real" exchange rate seen on Google or Reuters. Banks add a spread (margin) on top of this.
Transfer Type: Telegraphic Transfers (IMT) usually offer better exchange rates than purchasing physical foreign cash notes at a branch.
Currency Volatility: Major pairs like AUD/USD are generally more stable and have lower spreads than exotic currencies.
St. George International Transfer Fees
In addition to the exchange rate margin, keep in mind that international transfers often incur transaction fees:
Overseas Telegraphic Transfer (via Internet Banking): Typically attracts a lower fee (e.g., $10 – $20) compared to branch requests.
Receiving Money: A fee may be deducted from the incoming amount before it is converted to AUD.
Note: Always verify the live rates within your St. George Internet Banking portal before finalizing any transaction, as rates update every few minutes during trading hours.