Skip to main content Skip to main navigation
Skip to access and inclusion page Skip to search input

Before you send money overseas


Check our foreign exchange rates and fees

Foreign exchange rates

Use our currency converter for an indicative foreign exchange rate on your international money transfer.

How much does it cost to send money overseas?

There are two transfer fees you need to know about:

1. Westpac's transfer fees

Transfer using  Fee (AUD)
Westpac Online Banking or the Westpac App (sent in a foreign currency) $0
Westpac Online Banking or the Westpac App (sent in Australian dollars) $20
Transfer made in a branch (sent in either Australian dollars or foreign currency) $32 
2. Transfer fees deducted by any other banks involved in the money transfer in any currency.

To get an indicative foreign exchange rate and estimate the fees, use our currency converter. 

Ready to send money now? 

  1. Sign in and go to Payments > Make a payment > International in Westpac Online Banking or Payments > Send Overseas in the Westpac App

  2. Select the Country to Send to

  3. Select the From account

  4. Change the Date and Frequency to schedule for a Future date (you can only schedule payments for a future date in Westpac Online Banking)

  5. Check the payment currency and enter Amount

  6. Review the currency, conversion rate, amounts and fees 
  7. Choose who to pay (or set up a new payee)

  8. Enter a Description and depending on where you are sending payment to, you may also be asked to select a reason for the payment

  9. Review your transfer details and currency carefully and select Confirm to submit your payment.
Still need help?

Use the step by step guide  to transferring funds using the Westpac App or Online Banking.
For detailed support try our frequently asked questions.

How long will it take for the money to arrive?

Once the transfer has been submitted, funds are transferred electronically from your Westpac account into the designated overseas account usually within 1-3 business days.

Frequently asked questions

Popular currencies

British Pounds - GBP
South African Rand - ZAR

New Zealand Dollars - NZD
US Dollars - USD
All currencies
Australian Dollars - AUD Pakistani Rupees* - PKR
Brunei Darussalem - BND
Papua New Guinean Kina - PGK

Canadian Dollars - CAD Polish Zloty - PLN (Online only)

Chinese Yuan - CNY Samoan Tala - WST
Czech Koruna - CZK (Online only) Singaporean Dollars - SGD
Euros - EUR Solomon Island Dollars - SBD
Fijian Dollars - FJD Swedish Kroner - SEK
Filipino Peso* - PHP Swiss Francs - CHF
Hong Kong Dollars - HKD Thai Baht* - THB
Hungarian Forint - HUF (Online only) Tongan Pa'anga - TOP
Indian Rupees - INR Turkish lira - TRY (Online only)
Israeli New Shekel - ILS (Online only) Vanuatu Vatu - VUV
Japanese Yen - JPY United Arab Emirates Dirham - AED
Norwegian Krone - NOK    
Things you should know

Westpac Online Banking Terms and Conditions

This information has been prepared by Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 ("Westpac"). The exchange rates provided are applicable to foreign exchange products described on this website. The exchange rates are indicative only as at the time and date shown, are subject to market movements and therefore change continuously. They may also vary depending on the type of the transaction involved, and may be different for transactions over a certain amount. They should not be relied upon as an accurate representation of any final pricing. You should contact Westpac for up-to-date pricing prior to dealing.

International money transfers
Transfers to selected countries are only available for amounts AUD $1,000 and above, or the foreign currency equivalent value. The countries currently subject to this restriction are Cambodia, Ghana, Indonesia, Laos, Mexico, Pakistan, Philippines, Thailand, and Vietnam. This condition is subject to change at any time at Westpac’s discretion.

*International transfers made in Thai Baht (THB), Filipino Peso (PHP) and Pakistani Rupee (PKR) to any eligible country are only available for amounts of AUD $1,000 in value and above.

*This is subject to change at any time at Westpac’s discretion.

Correspondent bank fees and notes on the currency conversion
If you transact with Westpac, you will not be charged a Correspondent Bank Fee for your international transfers in over 10 currencies. These include USD, NZD, EUR, GBP and INR.

Based on the currency of the transfer and the country/region the transfer is being sent to, additional fees may be deducted by another overseas bank or the transfer recipient’s bank. Overseas banks may impose fees and charges or convert the currency of the payment. Westpac might not have any control over the fees, charges or foreign currency conversions imposed by these institutions. Any overseas financial institution handling charges will by default be borne by the recipient of the international money transfer and deducted from the payment amount, unless otherwise organised. It is possible that the overseas bank could convert the currency of the payment at an unfavourable exchange rate. You should inform the beneficiary that, if this occurs, they should consider rejecting the payment immediately so the payment can be unwound at the prevailing exchange rate.

If you do not want the currency to be converted, please insert the words “Do Not Convert” in the description details free text box when you are making an international money transfer and we will on-forward this instruction.