Sending money to or from overseas

Use telegraphic transfers and drafts to send money to or from overseas.   Currency converter
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What are telegraphic transfers?
A telegraphic transfer is the electronic transfer of money from Westpac to an overseas bank.
Features of a telegraphic transfer
	funds are usually available within 1-3 working days; no waiting for funds to clear*
	funds go to the overseas bank so they can’t go missing
	sent funds are traceable
	money is electronically transferred directly to the recipient’s bank account.
*For some countries, such as India and Pakistan the receiving bank may issue and post a bank cheque to effect payment to the recipient account. In these cases, it is likely to be more than 3 working days and could be as long as three weeks before the funds are available.
We recommend that you check with the beneficiary first as it may be quicker to post a bank draft directly to them.
To send a telegraphic transfer
>	visit your nearest branch
You will need to bring with you
	the bank and branch details of where the money is going
	the recipient’s account number
	the branch identifier if available i.e. sort code, BSB number, FW number or IBAN number.
Sending a telegraphic transfer
	you must have cleared funds for the amount to be sent
	there is a $25 charge to send a telegraphic transfer
	there may be additional charges deducted from the proceeds by the receiving bank.
If you are currently overseas or unable to visit your nearest Westpac branch, you can make this request in writing to your Westpac branch. Please email us or call us on +64 9 912 8000 (7am - 11pm, 7 days a week. International toll charges apply) and we’ll provide you with the contact details for your branch and full instructions on how to make inbound or outbound Telegraphic Transfers.
Note: Funds transferred must be sourced from a Westpac account that you have authority to make withdrawals from.
Sending money from overseas to a Westpac New Zealand account
Please instruct the initiating bank to send the money directly to
Westpac Banking Corporation Wellington New Zealand
The SWIFT code for Westpac New Zealand is WPACNZ2W.
The account name and full account number of the account to receive the funds must be included for processing.
Account number should be formatted as follows
Bank and branch number, seven digit account number and two digit account suffix e.g. 03-XXXX-XXXXXXX-XX
What are drafts?
A draft is a bank cheque made out in the name of the person you want to pay, in the currency you choose. We give you the draft and you post it.
Features of a draft
	can be used to pay for goods, overseas bills, or to send money overseas when there's no hurry and you want to keep costs down
	designed to be a safe and affordable way to transfer money anywhere in the world—all major currencies are available
	cannot be made out, or exchanged, for cash
	only the person you name on the draft can receive value for it
	no expiry date, but can be stopped if lost or stolen.
To buy a draft
>	visit your nearest branch
The price for a draft is $25 and you must have cleared funds for the amount you want to send.