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Westpac international money transfers

Whether you are sending money to relatives, paying your kids' college fees or buying an investment property in Fiji,  you can be assured that when you use Westpac for your overseas funds transfer your money will be securely sent. As one of Australia’s largest banks you have access to all major currencies and a range of options for making your transfer from online services through to in-branch assistance.

Today’s Westpac exchange rates

Rates and fees verified as correct at 29 October, 2020. Other information correct at the time of writing. Advertiser disclosure.

Here’s a look at the current exchange rates Westpac has listed for some of the most popular currencies.

Westpac Rate 0.6675

Currency At today's Westpac Rate, 1 AUD buys* For 10,000 AUDrecipient will get
United States Dollars (USD)
USD0.6675 USD 6,668
Euros (EUR)
EUR0.5693 EUR 5,687
Great Britain Pounds (GBP)
GBP0.5157 GBP 5,152
Canadian Dollars (CAD)
CAD0.8886 CAD 8,877
Chinese Yuan (CNY)
CNY0.0 CNY 0
Danish Krone (DKK)
DKK4.2268 DKK 42,226
Hong Kong Dollars (HKD)
HKD5.2001 HKD 51,949
Indian Rupee (INR)
INR49.1198 INR 490,707
Indonesian Rupiah (IDR)
IDR0.0 IDR 0
Japanese Yen (JPY)
JPY69.63 JPY 695,604
Malaysian Ringgit (MYR)
MYR0.0 MYR 0
New Zealand Dollars (NZD)
NZD1.0172 NZD 10,162
Norwegian Krone (NOK)
NOK6.2515 NOK 62,452
Philippine Peso (PHP)
PHP32.4924 PHP 324,599
Saudi Riyal (SAR)
SAR2.5156 SAR 25,131
Singapore Dollars (SGD)
SGD0.9155 SGD 9,146
South African Rand (ZAR)
ZAR10.9207 ZAR 109,098
Swedish Krona (SEK)
SEK5.9008 SEK 58,949
Swiss Francs (CHF)
CHF0.6097 CHF 6,091
Thai Baht (THB)
THB20.8122 THB 207,914
UAE Dirham (AED)
AED2.4643 AED 24,618
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Westpac IMT Key facts

  • Transfer maximum: If you are transferring your funds via Westpac online banking the maximum amount you can transfer is subject to your daily withdrawal limits.
  • Speed of transfer: Most major currencies will only take around 1 - 2 business days. If you are sending money to less popular destinations you should allow up to 5 days for the funds to hit your recipient's account.
  • Transfer Fees: The fees for a sending money over the internet is $20, when requesting at a branch you will pay $32.
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International Money Services at Westpac

Westpac has a range of options available to its customers when transferring money overseas. For the internet savvy and do-it-yourself type you can simply use Westpac Online Banking or Westpac Mobile Banking 24/7 to transfer funds to whereever you need to around the globe. There is also the option of going to a local Westpac branch to send your funds.

In addition to standard overseas transfers, Westpac is also able to do overseas telegraphic transfers and international bank drafts but you’ll need to go to a Westpac branch to set up these services. 

If you are doing a large international transfer over $100,000, the exchange rate you will get will be different to the standard foreign exchange rates advertised. Should you require this service, you’ll need to talk with Westpac directly either in branch or via its service centre on 1800 244 313.

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Reasons for choosing Westpac for your overseas funds transfer

If you are already a Westpac customer, you can’t beat the convenience of just being able to login to your internet or mobile banking and setting up an international transfer then and there.

Other reasons for choosing a big bank like Westpac include:

  • Not needing to set up a separate IMT account
  • Wide choice of currencies and countries to send your money to
  • Competitive flat fee
  • Online, branch and phone support
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How to transfer money overseas with Westpac

You will need to be a Westpac banking customer to transfer money overseas with Westpac. You can set up an account over the phone, online or by visiting a Westpac branch.

One you have a Westpac account you will also need to register for internet banking and Westpac Protect SMS Code.

Before you can send money overseas to a person or business, you will need to get some important information so that your money is sent to the right account overseas. This includes:

  • Identification
  • Details of the person receiving the money, such as their name, address, the name of their bank, branch address and their account number
  • The amount you wish to send
  • The currency you wish to send

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*The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.