Other service fees.
Interest rates and fees are subject to change.
ATMs - Fees.
Fee type | Fee amount |
Westpac ATM Using a Westpac ATM | Free no fee |
Overseas ATM - Balance enquiry1 | 60c per transaction |
Overseas ATM - Debit card withdrawal1 | $3 per transaction |
Overseas ATM - Credit card withdrawal1 | $2 per transaction |
Overseas ATM - Declined transaction1 | 60c per transaction |
Banking on your mobile - Fees.
Txt Banking and txt alert charges are as follows.
Fee type | Fee amount |
Registration | Free and no monthly fee |
Email alerts | Free |
Texts you receive | Free |
Texts you send | May incur charges from your mobile service provider Please contact your mobile service provider for details of their fees and charges |
Find out more about Txt Banking here.
Payments - Fees.
Fee type | Fee amount |
Set up automatic payments Online fee amount | Free |
Amend automatic payment Online fee amount | Free |
Set up automatic payments Phone or branch fee amount | $5 |
Amend automatic payment Phone or branch fee amount | $5 |
Set up direct debits2 Phone or branch fee amount | $5 |
Amend direct debit2 Phone or branch fee amount | $5 |
Set up salary splitter, sweepover3 | Free |
Amend salary splitter, sweepover3 | Free |
EFTPOS & debit cards - Fees.
Fee type | Fee amount |
Westpac ATM/Eftpos card annual fee | Free |
Westpac Debit Mastercard annual fee4 | $10 per card |
Airpoints Debit Mastercard annual fee4 | $15 per card |
Additional Westpac ATM/EFTPOS card | Free |
Replacement card | $10 per card |
Courier delivery in New Zealand/Overseas | Courier costs apply |
Foreign currency fee5 | 1.95% of transaction amount |
Using an ATM overseas - cash withdrawal6 | $3 NZ per transaction |
Using an ATM overseas - balance enquiry6 | 60c NZ per transaction |
Using an ATM overseas - overseas declined transaction6 | 60c NZ per transaction |
4 Fee exemptions
The annual fee is waived for:
- Customers 19 years and over (fee waived for the first year)
- Customers under 19 years
- Customers on a Career Starter Pac, Tertiary Pac or Graduate Pac, for the life of the Pacs
- SuperGold Card holders (fee waived for the first year).
5 A foreign currency fee is charged when you make a purchase or cash withdrawal in a foreign currency, and also applies to any fees and charges charged by the overseas bank or vendor in relation to the transaction. This fee is also charged when you make online purchases in a foreign currency.
6 These fees do not apply if you use your Westpac card in an ATM belonging to a member of the Global ATM Alliance. The fee saving is subject to change. Global ATM Alliance member banks are subject to change. All other international and standard fees apply, including foreign currency conversion fees - refer to Transaction and Service Fees brochure for details.
Dishonour/payment failed - Fees.
Fee type | Fee amount |
Dishonour / AP payment failed fee | $0 per time |
Business borrowing (including Trusts) - Fees.
Fee description | Fee amount |
Establishment of new loans, overdrafts (including temporary limits), guarantees and bond facilities, re-documented loans, loan variations, revolving accounts | From $400 per loan/facility |
Establishment of new FlexEquip facility | From $1,000 per facility |
Lending - Service fees.
Fee type | Fee amount | Frequency |
Administration fee for processing a prepayment to a fixed rate loan8 (Choices Home Loan and business borrowing including partial or full payment to a fixed loan, moving from one fixed term to another or from fixed to floating) | $0 | |
Security discharge fee9 | $50 | Per discharge request |
8 A prepayment cost may also apply as described in the loan agreement.
9 Additional disbursement charges may apply in some circumstances (includes discharge of securities, release of guarantees/life policies, priorities, variation memorandums that alter security arrangements through acting solicitor and collection of life policies under assignment) or where no solicitor is involved. Quotation is available on request.
Cash handling/deposits - Fees.
Cash handling will be charged to Westpac customers when the amount of cash deposited or withdrawn to an account in any charge month¹⁰ is $75,000 or more at the following rates (the fee applies to the full amount deposited). Additional costs may apply for special requests such as large coin or cash deposits and withdrawals. Non-Westpac customers are able to make deposits on a limited exceptions basis only.
Deposit method | Fee amount |
Westpac customer - Teller counter | 0.35% |
Westpac customer - Deposit box | 0.25% |
Non Westpac customer - Teller counter deposits (where possible) | $15 |
Information requests - Fees.
Fee type | Fee amount | Frequency |
Copy of statement | $5 | Per statement |
International services - Fees.
Business Online - Fees & charges.
Fee type | Fee amount |
Registration | Free |
Monthly subscription fee | $9.95 |
Self service administration | Free |
Set up automatic payments | Free |
Amend automatic payments | Free |
Bulk payments | 19c per item |
Bulk direct debits | 19c per item |
All fees will be charged to your nominated billing account. You can view a breakdown of your monthly charges by using the Business Online Bank 'reports' function (click on the 'Balances and Reporting' option on your main menu). Here's more information on business account fees.
Other electronic transaction fees that may apply include:
- Transfers
- Single payments - including tax
- Direct credits/debits
- Automatic payments.
Corporate Online.
See the Corporate Online fees guide (PDF).
Money transfer services - Fees.
Fee description | Fee amount |
Direct credit by schedule14 | $1 per item |
Inactive transactions | 5c each |
Additional transactions | 35c each |
Optional fields | 10c each |
Alterations to transactions | 10c each |
Replacement/extra schedules | $1 each |
14 $25 minimum.
Things you should know.
You can get a copy of the current disclosure statement for Westpac New Zealand Limited, a copy of any applicable investment statement or term sheet for your investment, and full details of the terms and conditions from any Westpac branch in New Zealand free of charge. Take a look at our Business Transaction and Service Fees brochure.
Business Lending products are only available for business and/or investment purposes and not for personal, domestic or household purposes.