International service fees.

All international service fees are represented in NZD.

Telegraphic Transfer (TT) fees.

Payments to Cook Islands, Tonga, Samoa, American Samoa, Vanuatu, Kiribati, New Caledonia, French Polynesia, Papua New Guinea, Solomon Islands, Tuvalu and Fiji are $0 transfer fee via Westpac One.

Other fees and charges may apply depending on the sending bank for all telegraphic transfers sent by you. 

Other overseas bank fees and charges may apply for all telegraphic transfers received by you.

Foreign currency account fees.

Unarranged overdrafts
Should you become overdrawn without an arranged limit, the balance will incur debit interest at an annual rate of 5% above the applicable overnight lending interest rate charged for the relevant foreign currency. For more information please call 0800 400 600.

Things you should know.

Westpac Institutional Bank refers to the brand under which products and services are provided by either Westpac Banking Corporation ABN 33 007 457 141 (Westpac) or Westpac New Zealand Limited (company number 1763882) (WNZL).

Any product or service made available by WNZL does not represent an offer from Westpac or any of its subsidiaries (other than WNZL). Neither Westpac nor its other subsidiaries guarantee or otherwise support the performance of WNZL in respect of any such product. WNZL is not an authorised deposit- taking institution for the purposes of Australian prudential standards.

Westpac is the provider of the international payment and foreign exchange products and services listed on this webpage. WNZL is the provider of the foreign currency accounts listed on this webpage. A copy of the terms and conditions for WNZL foreign currency accounts is available from any WNZL branch.

International payments may be subject to charges by overseas banks. Westpac has no control over these charges, which are subject to change. Westpac is not liable for any of these charges and commissions, which are the responsibility of the account holder. No member of the Westpac group accepts any liability for losses suffered as a result of converting currencies and any exchange risks from the conversion of currencies is the responsibility of the account/deposit holder.

The current disclosure statements for the New Zealand division of Westpac and for WNZL can be obtained at the internet address Download the Westpac NZ QFE Group Financial Advisers Act 2008 Disclosure Statement at

The information on this page, terms and conditions and pricing for foreign exchange products and services are subject to change from time to time.