- Business
- FX & International
- All international trade
All international trade
Foreign exchange
FX Forwards
Can protect against unfavourable exchange rate movements and provide some ability to participate in favourable exchange rate movements.
FX Option
In addition to protection against unfavourable movements, you can participate in favourable currency movements.
Cash flow management
Foreign currency accounts
We provide a number of services for foreign currency accounts, including making payments from your on and offshore accounts.
Telegraphic transfers
If you need to make payments overseas, telegraphic transfers are a fast, convenient way to make sure your funds get to where they need to be.
Export services
Export documentary collection
Let us manage your export documents - you’ll find this process is more cost effective than a documentary letter of credit.
Export documentary letter of credit
We check that the terms and conditions of the documentary credit have been complied with, before forwarding documents to the buyer's bank.
Export collection negotiations
We can provide post-shipment finance by negotiating (or buying) the bill of exchange for up to 100% of its face value.
EFIC Export Working Capital Guarantee
If you're a small to medium exporter, we can assist you with the general working capital you need.
Import services
Import documentary letter of credit
A formal undertaking by Westpac to pay your supplier provided they meet the terms and conditions of the documentary credit.
Import documentary collection
We can help you with your import documentary collection. Our process is more cost effective than documentary credits and lets you devote more...
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