Interest rates and fees are subject to change.

ATMs - Fees.

1 These fees do not apply if you use your Westpac card in an ATM belonging to a member of the Global ATM Alliance. The fee saving is subject to change. Global ATM Alliance member banks are subject to change. All other international and standard fees apply, including foreign currency conversion fees – refer to Transaction and Service fees brochure for details.
    

Banking on your mobile - Fees.

Txt Banking and txt alert charges are as follows.

Find out more about Txt Banking here. 

  

Payments - Fees.

1 Direct debit authorities for Westpac Unit Trusts and Retirement Plans are free.  2 Sweepover has a $0.00 service fee for each sweep. 

   

EFTPOS & Debit cards - Fees.

1 The Westpac PayTag terms and conditions, as well as the terms and conditions relating to any cards or accounts that your Westpac PayTag links to, apply.  2 A foreign currency fee is charged when you make a purchase or cash withdrawal in a foreign currency, and also applies to any fees and charges charged by the overseas bank or vendor in relation to the transaction. This fee is also charged when you make online purchases in a foreign currency.  3 These fees do not apply if you use your Westpac card in an ATM belonging to a member of the Global ATM Alliance. The fee saving is subject to change. Global ATM Alliance member banks are subject to change. All other international and standard fees apply, including foreign currency conversion fees – refer to Transaction and Service fees brochure for details. 

#Fee exemptions
The annual fee is waived for:

  • Customers 19 years and over (fee waived for the first year)
  • Customers under 19 years
  • Customers on a Career Starter Pac, Tertiary Pac or Graduate Pac, for the life of the Pacs
  • SuperGold Card holders (fee waived for the first year) 

    

Dishonour/payment failed - Fees.

Foreign cheque dishonours may also incur overseas bank charges. 
Note: You can sign up for email & text alerts to alert you if an Automatic Payment fails.
Details of Line Charges may be obtained by contacting your Relationship Manager.

    

Overdrafts - Service fees.

Service fees are charged monthly on the last business day of the month^. Note: debit interest charges may also apply.

^ A charge month starts on the last business day of the calendar month and finishes on the second to last business day of the following month.

    

Business lending (including Trusts) - Fees

A higher fee may apply if the application is accepted but does not meet the standard lending criteria. 

    

Lending - Service fees.

Recovery of prepayment loss/cost may also apply as per loan agreement. 2 Fee is inclusive of $3 government registration/release fee where applicable. Additional disbursement charges may apply in some circumstances (eg where complexity and/or negotiation of non standard documentation is required) or where no solicitor is involved. Quotation is available on request. 

  

Cash handling/deposits - Fees.

Cash handling will be charged to Westpac customers when the amount of cash deposited or withdrawn to an account in any charge month^ is $75,000 or more at the following rates (the fee applies to the full amount deposited). Additional costs may apply for special requests such as large coin or cash deposits and withdrawals, and non-Westpac customers.

^ A charge month starts on the last business day of the calendar month and finishes on the second to last business day of the following month.

    

Cheques - Fees.

Clearance fee - No fee is charged if only two items are deposited into a personally held Westpac Access, Westpac Earner, Choices Everyday or Savings account in any charge month. If more than two items are presented, all items will be charged. Stop chequeThere is no fee for lost or stolen cheques which are blank or unsigned. 

    

Information requests - Fees.

1 minimum $20.  2 $20 minimum charge. 

  

Phone banking - Fees

  

International services - Fees.

  

Business Online - Fees & charges.

All fees will be charged to your nominated billing account. You can view a breakdown of your monthly charges by using the Business Online Bank 'reports' function (click on the 'Balances and Reporting' option on your main menu). Find more information on business account fees, here.

Other electronic transaction fees that may apply include:
  · transfers
  · single payments—including tax
  · direct credits/debits
  · automatic payments

    

DeskBank - Fees.

1 Includes up to 1,000 lines of account information, 2c per line thereafter.  2 Minimum amount. 

    

Money transfer services - Fees.

1 $25 minimum. 

Things you should know.

You can get a copy of the current disclosure statement for Westpac New Zealand Limited, a copy of any applicable investment statement or term sheet for your investment, and full details of the terms and conditions from any Westpac branch in New Zealand free of charge. Take a look at our business transaction and service fees brochure.