Receiving money from overseas
How do I receive money from overseas?
Receive money faster by having it deposited electronically into your Westpac account.
Your sender will need:
- Full bank name: Westpac Banking Corporation
- Westpac's BIC/SWIFT code: WPACAU2S. (If the sending bank requires 11 characters, use WPACAU2SXXX)
- Your full name and address, including suburb, state, and country/post code
- Your 12-digit bank account number, made up of your 6-digit BSB followed by your 6-digit account number. You can get your account details by signing into
Westpac Online Banking, or the Westpac App.
Things to consider
Your overseas sender may have the option to send a money transfer to you in foreign currency or Australian dollars.
Foreign currency transfers
When foreign currency is received the funds will either be:
- Converted by Westpac and credited to your everyday AUD bank account, on the date of receipt (providing the instructions are received prior to cut-off time) or
- Credited to your Foreign currency account (FCA) in the applicable currency of the transfer.
You can decide this by providing the sender either your Foreign currency account information (if applicable) or your everyday bank account information.
Find out more about:
- Foreign currency accounts
- Use the currency converter to get indicative foreign exchange rates
Australian Dollars (AUD) transfers
The funds will be credited to your everyday AUD bank account mentioned within the payment instruction.
Check our foreign exchange rates and fees
Calculate how much money you can expect to receive from overseas, deducting any applicable fees.
Foreign exchange rates
Use our currency converter to get an indicative foreign exchange rate on the international money transfer you’re receiving
Fees to consider
- Westpac fee - We charge a $12 processing fee when you receive money from overseas. This fee is waived if you're receiving the equivalent of $100 AUD or less.
- Sending bank(s) fees - The fee(s) deducted by any other bank involved in transferring the money from overseas.
To get an indicative foreign exchange rate and estimate the fees, use our currency converter.
How long does it take to receive a transfer from overseas?
When will I get my payment
Funds will usually be available to the recipient within the same business day of Westpac receiving the funds, providing they are received prior to cut-off times. However, in some circumstances the processing period may be longer and this is outside of Westpac’s control.
Tracking my payment
Sometimes delays can occur. In the event of delays, please contact the sender, who may need to discuss payment location details with the sending bank.
Frequently asked questions
The SWIFT Code for Westpac is WPACAU2S.
If the sending bank requires 11 characters, use WPACAU2SXXX
Please also ensure the payer has your full 12-digit account number. This is your 6-digit BSB, followed by your 6-digit account number.
Things you should know
Westpac Online Banking Terms and Conditions
This information has been prepared by Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 ("Westpac"). The exchange rates provided are applicable to foreign exchange products described on this website. The exchange rates are indicative only as at the time and date shown, are subject to market movements and therefore change continuously. They may also vary depending on the type of the transaction involved, and may be different for transactions over a certain amount. They should not be relied upon as an accurate representation of any final pricing. You should contact Westpac for up-to-date pricing prior to dealing.
International money transfers
*International transfers made in Thai Baht (THB), Filipino Peso (PHP) and Pakistani Rupee (PKR) to any eligible country are only available for amounts of AUD $1,000 in value and above.
*This is subject to change at any time at Westpac’s discretion.
Correspondent Bank Fees and Other Banks Fees
Based on the currency of the transfer and the country/region the transfer is being sent to, additional fees may be deducted by another overseas bank or the transfer recipient’s bank. Overseas banks may impose fees and charges or convert the currency of the payment. Westpac might not have any control over the fees, charges or foreign currency conversions imposed by these institutions. Any overseas financial institution handling charges will by default be borne by he recipient of the international money transfer and deducted from the payment amount, unless otherwise organised. It is possible that the overseas bank could convert the currency of the payment at an unfavourable exchange rate. You should inform the beneficiary that, if this occurs, they should consider rejecting the payment immediately so the payment can be unwound at the prevailing exchange rate.
If you do not want the currency to be converted, please insert the words “Do Not Convert” in the description details free text box when you are making an international money transfer and we will on-forward this instruction. Westpac does not guarantee that this approach will be effective and takes no responsibility if an intermediary bank converts the funds.