An up-to-date list of the foreign exchange rates offered by Westpac Bank
When you're sending money overseas, a good exchange rate can make a big difference to the amount of money that ends up in your recipient's pocket.
Find live Westpac exchange rates here, and compare them to quotes from other providers to make sure you're getting the most competitive exchange rate for your chosen currency. You'll often be able to save money by sending funds through a specialised money transfer service instead of a bank.
What are Westpac's foreign exchange rates?
The table below shows today's Westpac foreign exchange rates, accurate as of 23 March 2019. The "buy" column refers to the price at which Westpac buys other currencies in exchange for Australian dollars. This is how much you'll get when converting other currencies to Australian dollars through Westpac.
The "sells" column shows the price Westpac gives for other currencies. This is how much you'll get when converting Australian dollars into foreign currencies.
The mid-market rate refers to the middle ground between current buy and sell prices on the global currency markets. It's used as the official average price of a currency at any given time.
To find out how good your deal is, look at the difference between Westpac's exchange rates and mid-market prices. The difference between them is how much of a margin the provider is taking. Poor exchange rates are in effect similar to a hidden fee.
1
0
Updated: 22 Mar 2019 13:35:32 UTC
Currency
Currency code
Westpac buys
Westpac sells
For AUD$10,000, you'll get
#N/A
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
#N/A
-
-
-
Sending money with Westpac: What to know
What we like
Multi-currency options. Westpac has potential money-moving alternatives, such as multi-currency travel cards.
Foreign cash and bank drafts. You can also get foreign cash and bank drafts at Westpac.
What to watch out for
Restricted features. Limit orders and forward contracts are for business customers only.
Uncompetitive fees and rates. Westpac's fees are high, and its exchange rates are poor compared to what money transfer specialists offer.
All of Australia's big 4 banks typically offer similar exchange rates and international transfer fees. So while Westpac's fees and rates are broadly comparable to other banks, they're still worse than what you'll find on offer from a specialist money transfer service.
Use the table below to compare your options and see how much you could save on your next transfer.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
Andrew writes for finder.com, comparing products, writing guides and looking for new ways to help people make smart decisions. He's a fan of insurance, business news and cryptocurrency.
TorFX guarantees to match any competitor's exchange rate. Conditions apply. Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
$0 transfer fees for Finder customers.
$0 transfer fee on transfers over AU$10,000, $15 flat fee applies otherwise. 24-hour customer service available with a local support team.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of major banks, insurers and product issuers.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.
Products marked as 'Promoted' or "Advertisement" are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options and find the best option for you.
The identification of a group of products, as 'Top' or 'Best' is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment.
We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.
Please read our website terms of use for more information about our services and our approach to privacy.
