International payments

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

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:

Online Banking - for individuals or small business/sole traders
Business Online - for small/medium businesses
Corporate Online - our online banking service for corporate and institutional customers.

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

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.

View Terms and Conditions

** Funds transferred must be sourced from a Westpac account that you have authority to make withdrawals from.

Most of the above products and services are provided by Westpac Banking Corporation ABN 33 007 457 141, incorporated in Australia (New Zealand division). Some products may be provided by Westpac New Zealand Limited. 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. You can get a copy of the current disclosure statement for Westpac New Zealand Limited and a copy of the investment statement for any securities for which an investment statement is required from any Westpac branch in New Zealand free of charge. The information on this page is presented subject to Westpac New Zealand Limited's ("Westpac's") legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.

Westpac Banking Corporation, NZ Branch is the provider of the products and services described on this page and is responsible for the provision of those products and services. International payments may be subject to charges by overseas banks. Westpac has no control over these charges, which are subject to change and can be substantial. 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.

International payments

Telegraphic transfers (TT)

International bank drafts