How to Get Foreign Currency Delivered to Your Door

November 5th, 2020

With the ease of travel and communication, the world has gotten smaller. Previously, buying international currency was once the domain of high end currency traders or niche collectors. Today, the interest in foreign currency is growing thanks to easier travel and new online foreign currency exchange platforms.

If you’re a collector or you’re planning that next trip overseas, you might be wondering "how can I get foreign currency delivered directly to my front door?" In this article, we will discuss the options you have when you want to purchase or exchange foreign currency. There are multiple options where you can buy foreign currency, but options for getting foreign currency delivered to your door are surprisingly limited. You would think in the days of Uber, Amazon, DoorDash, and grocery delivery that getting currency delivered would be simple, but it’s more tricky than you can imagine.

Ways to Purchase Foreign Currency

Your Local Bank

You can buy popular foreign currencies from your local bank. This can be a convenient option, but you must go to your bank in-person to do an exchange. The fees also tend to be rather high. If you have spent any time with a currency calculator, you’ll see that market rates and spreads are much smaller than what you’ll get at a bank when you need to exchange hard currency. They will follow market rates, but they will create a big spread that allows them to make a decent profit on the transaction. If your bank does provide an ordering service, you’ll need to place the order and it could take 5-7 days for the currency to be delivered to the local branch. Once the order is delivered, you’ll have to go into the bank to pick up the order. In addition, banks typically only deal in the most popular currencies, rather than exotics like Iraqi Dinar or Vietnamese Dong.

Online Currency Brokers

This used to be a convenient way to order currency, but due to COVID much of this has changed. As of publication of this post, the popular site Travelex.com has shut down and ceased operations in the US and Canada due to the global pandemic.

Now that a simple way to buy foreign currency in-person has been impacted by COVID, many other brokers have followed suit. There’s no real good time frame on when these options will be available again. Finding brokers that deliver to the US can be difficult at this time. You can find brokers that deliver to the UK and Australia and even Canada, but there are limited options in the US.

How to get foreign currency delivered to your door

Now that Travelex.com has ceased US operations, customers need new ways to buy foreign currency and get foreign currency delivered.

Electronic Currency

If you aren’t looking to own hard currency, but are happy with digital offerings, you can still find sites that allow you to buy and sell currency digitally. These are good options if you are a trader, but if you want to hold hard currency for collecting, travel, or investing, you will not be able to. These are electronic trades only.

Airport Kiosks

Many airports provide currency exchange services. These can be convenient if you are traveler. They won’t be delivered to your front door. The major negative with airport kiosks is that you will never get the best rates, and spreads can be very high. The other negative is that they may not trade in all types of currency, so you may not find what you need. These kiosks only carry the same popular currencies as banks, but they charge more. They also may not be able to exchange foreign currency back into US dollars, depending on the popularity of that foreign currency. Travelers should prepare ahead of time before visiting their airport and determine how much currency they'll need before they enter the airport.

Exchange foreign currency online foreign currency delivered to your door

Airport kiosks are convenient for travelers, but they charge among the highest fees and do not deal in all currencies.

How US First Exchange Delivers Foreign Currency to Your Door

US First Exchange has made the process of ordering hard currency delivered to you easy and simple. Here are the simple steps to have money delivered right to your house.

  1. Find the currency you want to purchase and place your order. You will receive an email confirmation as soon as the order is placed along with shipping instructions.
  2. Verify that all your identification documents are uploaded inside your USFX account. Verification of your identity will accelerate the process of receiving your currency.
  3. Your order will be processed within 24 hrs of identity validation and reception of the payment. Wire transfers is the fastest option for payment confirmation
  4. You shipping confirmation email will give you the ability to track the progress of your package.
  5. Because of our secure transactions, make sure someone over the age of 18 is present to sign for the package. If you miss the package, it will be returned to the delivery depot to await your signature.
  6. Inspect your package upon delivery and before you sign the shipping receipt to confirm their is no damage to the currency. This is rare, but it doesn’t hurt to inspect before confirming.

That’s it! You can have foreign currency delivered to your front door in less time than it would take to make the order from your bank and wait for delivery. Market rates and fees are more favorable to you than you would receive as well.  

At US First Exchange, our goal is to be a continued source of education about the wide variety of currencies in the marketplace. We've created our company so that you can order foreign currency online and have foreign currency delivered to your door in 24-48 hours. All shipments are fully insured for home delivery, and we pride ourselves on having the industry’s lowest spreads.

Try our currency converter or sign up for our exchange rate alerts to keep track of your favorite currencies.

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