Terms and conditions, fees and charges apply. All amounts stated are in Australian Dollars. Telegraphic Transfer fees relate to both international and domestic. Other fees may apply. You can refer to the following table for current Foreign Currency Account credit interest rates.
The debit interest rate applicable to the overdraft comprises a base rate plus a margin over the base rate agreed at the time the overdraft is established. You can refer to the following table for the current base rates. Overdraft base rates are variable and subject to change.
Conditions, fees and normal lending criteria apply. More product details are available on request. A Foreign Currency Account should not be used to speculate on foreign currencies or to conduct frequent trading of foreign currencies. A Foreign Currency Account is not an account to assist with travel needs. 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.
Other fees and charges, terms and conditions, apply to the Business One Low Plan. Before deciding to acquire or hold any of these products, you should read the terms and conditions and consider whether the product is suitable for you. Skip to main content Skip to main navigation. Business Bank accounts Foreign currency accounts. Foreign currency accounts Think global. Managing foreign currency cash flows the smart way.
Open an account in less than 10 minutes. Apply now Apply now. Foreign Currency Accounts enable you to make and receive payments in a foreign currency to help manage your cash flow Provides flexibility to manage foreign exchange flows Accounts available in a range of foreign currencies Can be electronically accessed via Westpac Live for making and viewing transactions Accounts are domiciled in Australia Overdrafts on application are also available in foreign currencies.
Use an existing eligible Australian dollar Westpac transaction account or get a new one. To make an outward telegraphic transfer from your Foreign Currency Account using Westpac Live Online Banking you are required to have an eligible Westpac Australian dollar transaction account.
You will not be able to proceed with the transaction on your Foreign Currency Account until you have an eligible Westpac Australian dollar transaction account. Standard fees and charges may apply for this Westpac Australian Dollar account. This eligible Westpac Australian Dollar account must contain a sufficient balance to pay the applicable telegraphic transfer fees. No monthly account maintenance fee.
Credit interest rates Overdraft base rates Credit interest rates. F oreign currency account credit interest rates. Currency Tier 1 balances Tier 1 Interest Rates p. For more information on foreign currency accounts refer to the terms and conditions: If you have any queries or would like to apply for a currency not available online you can: Contact any Westpac branch. Contact your Westpac Relationship Manager. For foreign currency overdraft interest rates, you can: For enquiries or full details of all terms and conditions on foreign currency accounts Call the Westpac International Service Line on Contact any Westpac branch.
You cannot withdraw or deposit foreign notes or coins into a Foreign Currency Account.More...