Export services
Export documentary collection
Let us help you manage your export documents so you can devote more time to growing your business. You’ll find this process is more cost effective than a documentary letter of credit due to a simpler process. In addition the complete documentary collection process is monitored and is available in most major currencies.
Export documentary letter of credit
We can help with the process surrounding your documentary credit. Upon receipt of documents from you, Westpac checks that the terms and conditions of the documentary credit have been complied with, before forwarding documents to the buyer's bank.
- Securely receive payment from your international customers
- Available in most major currencies.
EFA export working capital guarantee
If you’re an exporter, we can assist with the general working capital you need using EFA Export Working Capital Guarantee.
- Assistance for small, medium and emerging export businesses
- Available in most major currencies.
Export collection negotiations
We can provide post-shipment finance by negotiating (or buying) the bill of exchange for up to 100% of its face value.
- Short term post-shipment finance
- No minimum limit
- Available in most major currencies.
Confirmation of documentary credits
Reduce your exposure to bank and country risk with protection for documentary credit payments.
- Guarantees payment by Westpac against compliant documents, even if the documentary credit issuing bank is unable to provide payment
- Often used for transactions with buyers in developing countries.
Things you should know
Credit facilities are subject to application and the Bank's normal lending assessment criteria. Fees and charges may apply to the products and services listed. Full details of the Terms and Conditions for all the products and services which do not have a Product Disclosure Statement are available on application.