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Processing international payments

Important notes about processing international payments with PaymentsPlus.

  • Unless you have made alternative arrangements with Westpac, the exchange rate that is applicable to your payments will depend on the day the transaction is processed. The daily rate is available here. Foreign exchange rates are updated daily and are available from 8:00am AEST.
  • Other banks may convert the proceeds and impose additional fees and charges. For further information, please contact us on 131 032 (option 5), Monday to Friday 8:00am - 6pm AEST. For USD payments, the intermediary bank may deduct USD$5 from the payment. Please contact the beneficiary to find out if other charges will also apply.
  • Once a file is authorised, payments will typically be processed within 1-3 business days but can sometimes take longer.
Disclaimer

The information contained in this publication is provided for learning purposes only and is subject to change. Revisions may be issued from time to time that encompass changes or additions to this module.

This is a guide only and it is not comprehensive. It does not impinge on or overrule any formal arrangement you may enter into with the Bank. The Bank and its officers shall not have any liability for any losses of any kind incurred in connection with any action, inaction or decision taken in reliance on the information herein or for any inaccuracies, errors or omissions. In this publication references to the "Bank" are to Westpac Banking Corporation ABN 33 007 457 141 and to any of its operating Divisions, including BankSA and St.George.