if you want the most inexpensive way,
I -1. Magpareserve ka dito Moonlight Money Changer. Ito daw ang pinakamagandang rates. Pero magtanong rin kayo sa ibang forex baka maganda ang rates para sure.
https://www.moneymax.ph/personal-finance/articles/best-money-changer-philippines
Igoogle niyo nalang ang contact number if nasa metro manila kayo. Or magpareserve bago pumunta sa airport. Since malaking pera yan, matagal yan nila mabubuo kasi kokonti lang ang australian dollar.
- Then fill-out https://www.austrac.gov.au/sites/default/files/2022-06/202206_AUSTRAC%20CBM%20Forms%20Carrying_English-1.pdf
Pre-requisite: passport, visa, government id's (2)
Pros: No extra charges. Konti lang an requirements
II -
Kung gusto niyo sa bank to bank transfer
Ito ang magiging charges and price difference between foreign exchange.
a) Our charges = 35 audollars
b) Foreign Currency difference (Bulk Selling Rate determined by the bank - Current Selling Rate)
c) Foreign Currency Difference of Bank vs Foreign Exchange
d) Cable Charges = 10 usdollar
e) Documentary Stamps = (Amount in peso / 200 ) 0.60Pre-requisites: Tin number, bank account, passport, travel ticket, visa, 2 government id's (sss, driver's, prc), bank account sa au, address ng account, account number sa au, swift code sa au, phone number ng bank sa au
- Note: Bank should have third currency feature na meron kayong account na matagal narin. Hindi lahat ng BPI, BDO, PNB and other banks meron ganito. Kaya pag lodge niyo ng visa, consider opening an account sa mga bank na may third currency
Pros:
- Protection of money baka mawala sa airport