Updates to international payments
From Monday 5th December 2022, to comply with regulations of central banks, it is now a requirement to provide a ’reason for payment’ when making an international payment, in any currency, to the following countries:
- Saudi Arabia
When entering the beneficiary details, select a ‘reason for payment’ from the list available for each country. Please select the reason that best matches the purpose of your international payment and include any relevant details in the free-text description box.
We’re here to help
Contact your Westpac Representative for further information or go to Corporate Help Desk contact details and hours of availability.