Australia and New Zealand Banking Group (ANZ) has installed two foreign exchange ATMs at Melbourne airport.

ANZ said that the specially designed ATMs can dispense foreign currency up to a customer’s daily ATM withdrawal limit (usually A$1,000) in US dollars, NZ dollars, British pounds and Euro.

ANZ ATMs head Danielle Curry said that the bank offers a competitive exchange rate and low fee which is displayed before customer proceeds with the withdrawal.

“You know exactly how much your foreign cash will cost in Australian dollars at the time of the withdrawal,” Curry said.