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Flexible short term fixed rate finance

Westpac can provide you with short term, fixed rate finance for the shipment of goods.

The advantages to both importers and exporters include:

  • Available in Australian dollars and most major currencies
  • Flexible terms and currencies
  • Acts as a useful cash management tool
  • Fixed term to match that of the underlying trade transaction (not to exceed 180 days)
  • Credit assessment undertaken to endeavour to supply a credit limit based on your trade needs
  • Interest can be charged on a discount (establishment) or yield (payment) basis
  • Repayment is required in full at maturity
  • Prepayment without penalty is allowed if within a 10 calendar day period prior to maturity
  • Rollover of the facility is permitted as long as the term does not exceed 180 days or the maximum approved tenor
  • A minimum $20,000 loan amount limit applies, there is no maximum limit.


The benefits for importers include the:

  • Competitive interest rates
  • Ability to obtain discount from your supplier by paying on an ‘at sight’ basis.

The benefits for exporters include the:

  • Competitive interest rates
  • Ability to obtain:
    • pre-shipment finance for up to 30 days, or
    • post-shipment finance for up to a limit of 180 days including any pre-shipment finance.
Things you should know

Credit facilities are subject to application and the Bank's normal lending assessment criteria. Fees and charges may apply to the products and services listed. Full details of the Terms and Conditions for all the products and services which do not have a Product Disclosure Statement are available on application.