International payments

We offer simple payment solutions for you to settle accounts with your overseas trading partners.

Telegraphic transfers (TT)

Telegraphic transfers (TT)

This is an electronic payment that can be credited directly to the recipient's bank account quickly. Funds are usually available within 1-3 working days. **

The payment is well-protected and the funds are traceable should the overseas recipient claim they didn’t receive the payment.

You can purchase and send a telegraphic transfer** from any Westpac branch, or from one of our online channels:

You can receive funds via a telegraphic transfer. Payment can be made available at any Westpac branch. The SWIFT code for inward telegraphic transfers to Westpac New Zealand is WPACNZ2W.

International bank drafts

International bank drafts

These are bank cheques made out to the overseas recipient in certain available currencies. From 16 November 2020, Westpac will no longer be issuing international bank drafts. Telegraphic Transfers are a safer and faster alternative payment method available to you.