Compare Westpac AUD to PHP transfer rates

Compare Westpac Exchange Rates & Fees - Save Time & Money

Our Westpac AUD to PHP rate is 35.55. This is -4.9% below the mid-rate.

Westpac Bank FX at a glance

Westpac is one of the largest banks in Australia, offering a range of financial products and services including personal and business banking, wealth management, and investment services. The bank was established in 1817 and has a long history of serving the Australian community.

How do Westpac transfer exchange rates compare?

Westpac bank allows its customers to buy and sell a range of major and minor currencies for international travel, trade, and investment.

Sending or receiving international transfers to or from your Westpac bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

Transfers to Cambodia, Ghana, Indonesia, Laos, Mexico, Pakistan, Philippines, Thailand, and Vietnam are only available for amounts AUD $1,000 and above, or the foreign currency equivalent value.

Westpac Bank does allow you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.

What is the Westpac Send Money conversion rate for AUD to PHP?

The Westpac AUD to PHP exchange rate is 35.55. This is -4.9% compared to the latest AUD-PHP mid-market rate 37.39.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Philippine peso (PHP) rates from different sources before making a conversion.

The above Westpac - Aussie to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Westpac and other foreign exchange providers against the latest AUD-PHP mid-rate and the possible savings of using various providers.

How do Westpac AUD-PHP rates compare between providers?

The next best is XE at 37.16, -0.62% from the mid-rate.

Then Wise at 37.15, which is -0.64% from the mid-rate.

The Western Union rate is 37.02 which is -0.99% from the mid-rate.

Among the banks the Commonwealth Bank rate is 34.87 at -6.7% the ANZ Bank rate is 35.7710 at -4.3% and the ING Bank rate is 35.19 at -5.9% compared to the mid-rate 37.39.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Westpac often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

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