Business processing fees:
A processing fee of $10 is charged for deposits into a Bankwest business account via the SWIFT network, including money received from overseas.
These indicative foreign exchange rates are current as of .
Beneficiary bank fees:
Fees charged by the beneficiary bank may still be deducted from the funds received by the recipient.
Correspondent banking fees:
When an international transfer is made in a foreign currency, Bankwest will absorb fees imposed by other financial institutions involved in the transfer, except for the fees (if any) charged directly to the beneficiary's account by their financial institution. Bankwest can't provide an estimate of the amount of such fees.
When an international transfer is made in AUD, Bankwest will not absorb fees imposed by other financial institutions involved in the transfer. As noted above, fees may also be charged directly to the overseas account by the beneficiary's financial institution.
Other financial institution fees:
Other financial institutions involved in the transfer may charge fees including via a deduction to the payment. Bankwest can't provide an estimate of the amount of such fees, therefore the "amount received" figure is only an estimate.
O/A = On Application
N/A = Not Available (Bankwest doesn't trade this)
To convert AUSTRALIAN DOLLARS INTO foreign Currency MULTIPLY by the selected rate.
To convert FOREIGN CURRENCY INTO Australian Dollars DIVIDE by the selected rate.
The exchange rates provided are a guide for foreign exchange transactions up to AUD $100,000 (to send money overseas) and up to AUD $250,000 (to receive money from overseas).
The above rates and those used in the Foreign Exchange Calculator are updated on business days (and are subject to change without notice), and are indicative only. Bankwest does not guarantee the accuracy of the rates or any calculations made using the Foreign Exchange Calculator and is not liable for any omissions, errors or inaccuracies.
Certain transactions are subject to a commission charge and/or stamp duty.
You should confirm the latest foreign exchange rates with Bankwest prior to making any decisions about a particular transaction. Rates for documentary negotiations, currency transactions in excess of AUD $100,000 (to send money overseas) or AUD $250,000 (to receive money from overseas) and forward rates not listed, and hedge market quotations are available on request from the Bank.