Does Westpac charge foreign transaction fees?
A 3% Foreign Transaction Fee applies to overseas debit or credit card withdrawals. A 2% cash advance fee applies to credit card withdrawals where the “Credit” option is selected. Some overseas banks may charge a fee for withdrawals.
Does Westpac bank do currency exchange?
Westpac’s foreign exchange solutions help you manage the risk associated with international transactions.
What fees does Westpac charge?
The fee charged will either be: a) 3% of the $AUD transaction amount where a transaction is made in foreign currency and the merchant or financial institution accepting the card is located outside of Australia (comprising of 2% Westpac Processing Fee plus 1% Westpac On-Charged Scheme Fee);
Can I deposit foreign currency in Westpac?
Things you should know You cannot withdraw or deposit foreign notes or coins into a Foreign Currency Account. Deposits held in Foreign Currency Accounts are not covered by the Australian Government’s Financial Claims Scheme. Overdraft facilities are subject to application and Westpac’s lending assessment criteria.
Does Westpac have zero fees?
With award winning services we make it easy to bank with us. Simple everyday and savings accounts designed for under 21s and full time tertiary students….Compare everyday bank accounts.
| Westpac Choice | Westpac Choice – Concession Holders1 | Westpac 55+ and Retired account 1 |
|---|---|---|
| Open now | Find out more | Open now |
| Periodical payment not made fee | ||
| $0 | NIL | $0 |
How do I avoid Westpac account fees?
With a Westpac Choice account, the Account-Keeping Fee is waived if you deposit at least $2,000 each month and it may also be waived in other circumstances, such as if you’re a fulltime tertiary student or under 30.
What are the documents required for foreign exchange?
Documents Required for Money Exchange
- A valid passport.
- A valid VISA for the country you want to travel.
- Confirmed ticket (travel within 60 days once got the exchanged currency)
- PAN card.
- Aadhar card.
How much does it cost to receive foreign currency with Westpac?
For a more detailed run down on how to receive foreign currency into your Australian Westpac bank account, read our step-by-step guide on how to receive money from overseas with Westpac. If you use Westpac online banking, it costs $5-8 for a LitePay Payment or $10 for international payments in foreign currency.
Why choose Westpac Fiji?
A quick, easy and affordable way of making your next purchase. Access your money using a range of local Westpac Cards. If you’re ready to grow your career by helping customers, people and communities, prosper and grow, then Westpac Fiji is calling you.
How can I get Up-to-date pricing for WestPac wallet products?
You should contact Westpac for up-to-date pricing prior to dealing. You should read the Westpac Worldwide Wallet Product Disclosure Statement and Online Banking Terms and Conditions before making a decision and consider whether these products are appropriate for you.
Is there a maintenance fee for my Westpac account?
No monthly account maintenance fee. Conditions apply. Find out more Transfers over $25,000? 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.