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Westpac AUD to USD Foreign Transfer Rates

AUD-USD Rate Calculator

 
   
   
   
   

 

Our Westpac AUD to USD rate is 0.6174. This is -3.8% 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.

 
 

Sending money to United States can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to United States bank accounts or pay a US dollar invoice.

   

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