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| Using a Westpac ATM |
no fee |
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| Using another bank's ATM |
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balance enquiry |
$1.00 |
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cash withdrawal |
$1.00 |
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transfer |
$1.00 |
| This is in addition to the electronic transaction fees for your Westpac account. |
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| Using an ATM overseas* |
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cash withdrawals |
NZ$8.00 |
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balance enquiry |
60c |
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declined transaction |
60c |
| Note: foreign currency fees also apply - see Debit cards fees section. |
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| *These fees do not apply when using ATMs within the Global Alliance Group in the respective country shown. Institutions participating in the global ATM alliance include Deutshe Bank 24 (Germany), Bank of America (United States), Scotiabank (Canada), Barclays Bank (United Kingdom), BNP Paribas (France), Westpac (Australia) and Westpac (New Zealand). |
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| It’s free to register for Banking on your mobile services and there’s no monthly fee. |
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| Email alerts are free. Txt banking and txt alert charges are as follows: |
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You'll get 10 free txts from Westpac each month. You can use these free txts for txt alerts and Txt banking balances and transfer confirmations |
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Additional txts costs 25c each to receive* |
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As with regular txt messages, your mobile phone company will charge you for each txt you send to Westpac, for example, when you request an account balance or transfer through Txt Banking. Please contact your provider for details of their fees and charges. |
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| > |
more about changes to txt alerts |
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| *If you are registered for Txt banking as well as txt alerts, these charges will be paid from your main Westpac bank account. If you are only registered for txt alerts, you will be charged from your first available account in Online Banking. |
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more about Transaction and Service Fees |
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| Automatic payments |
Online |
Phone or branch |
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to set up |
$2 |
$5 |
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to amend |
$2 |
$5 |
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| Direct debits, Payline Split, Sweepover |
Online |
Phone or branch |
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to set up |
n/a |
$5 |
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to amend |
n/a |
$5 |
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| Note: Direct debit authorities for Westpac Unit Trusts and Retirement Plans are free. Sweepover has a 40c service fee for each sweep. |
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| Annual fee |
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Westpac ATM/EFTPOS card |
no fee |
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Debitplus Visa card |
$10 per card |
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| Additional Westpac ATM/EFTPOS card |
no fee |
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| Replacement card |
$15 per card |
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| Courier delivery in NZ/Overseas |
Courier costs where applicable |
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| Foreign currency fee * |
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Westpac Debitplus Visa |
2.50% |
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Westpac ATM/EFTPOS card |
2.50% |
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| Using an overseas ATM ** |
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cash withdrawals |
NZ $8 |
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balance enquiries |
60c |
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declined transactions |
60c |
| Note: An ATM service fee may be charged by the ATM provider. |
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| > more information about Debitplus Visa |
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* When you use your Westpac ATM/EFTPOS or Debitplus Visa card to make an overseas transaction, you’ll pay a foreign currency fee of 2.5%.
** These fees do not apply when using ATMs within the Global Alliance Group in the respective country shown. Institutions participating in the global ATM alliance include Deutshe Bank 24 (Germany), Bank of America (United States), Scotiabank (Canada), Barclays Bank (United Kingdom), BNP Paribas (France), Westpac (Australia). |
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| Dishonour fee |
$15 per time |
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| AP payment failed fee |
$15 per time |
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| Charged on last business day of the month*, calculated on your credit limit or the highest point of your overdraft for the month (whichever is greater). |
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| Line of credit charge |
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With arranged limit up to $5,000 |
$5.00 per month |
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With arranged limit $5,000 or more |
0.1% per month |
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| Unarranged Overdraft fee |
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Without arranged limit and overdrawn |
$15 per month |
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| Personal overdraft establishment fees |
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Personal overdraft establishment fee |
$25 |
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Temporary limit < 45 days |
$50 |
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Without arranged limit and overdrawn |
$15 per month |
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| Note: Debit interest charges also apply. |
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| * A charge month starts on the last business day of the calendar month and finisheds on the second to last business day of the following month. |
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| Establishment and documentation fee – Personal loans |
$250 per loan |
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| > more information about personal loans |
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| Establishment fee – Choices Home Loan |
$400* per loan |
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| Documentation fee – for redocumented loans, loan variations and Top-ups of Choices Home Loans |
$250 per loan |
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| Temporary loan limit increase – for Choices Everyday Loan |
$50 on approval |
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| > more information about home loans |
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| * A higher fee may apply if the application is accepted but does not meet the standard lending criteria. |
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| Loan Payment failed fee |
$25 per time |
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Administration fee for processing a prepayment to a fixed rate loan
(recovery of prepayment loss/cost may also apply as per loan agreement) |
$300 per payment |
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Title search fees
(inclusive of third party search fees) |
$15 per item |
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Security registration/discharge
(includes such items as discharge of mortgage, release of guarantees/life policies, execution of consents and collection of life policies under assignment. Fee is inclusive of $3 government registration/release fee where applicable. Additional disbursement charges may apply in some circumstances or where no solicitor is involved). |
$100 per item to a maximum of $350 per customer transaction |
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| Security amendment fee (priority increase) |
$170 per item |
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Rates demand fee
(payable where Westpac is required to make rates payment to local authority as security holder). |
$200 |
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| Cash handling will be charged when the amount of cash deposited to an account in any charge month* is $75,000 or more at the following rates (the fee applies to the full amount deposited.) |
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teller counter |
0.35% of the cash amount |
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deposit box |
0.25% of the cash amount |
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| *A charge month starts on the last business day of the calendar month and finishes on the second to last business day of the following month. |
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| Clearance fee |
35c a cheque or debit item deposited |
| No fee is charged if only two items are deposited into a personally held Westpac Access, Westpac Earner, Choices Everyday or Savings account in any charge month. If more than two items are presented, all items will be charged. A charge month starts on the last business day of the calendar month and finishes on the second to last business day of the following month. |
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| Government stamp duty |
5c a cheque |
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| Bank cheque |
$6 per cheque |
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| Stop cheque |
$25 per item |
| There is no fee for lost or stolen blank or unsigned cheques. |
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| Special Answers (urgent cheque clearance) |
$25 |
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| Copy of statement |
$5 a statement |
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| Searches for information (e.g. privacy information, credit card sales voucher, auditors' confirmation report) |
$80 per hour ($20 min.) |
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| Five free calls each month, then 50c a call |
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| > more information about Phone Banking |
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| Foreign cash - when Westpac sells |
1% of value (min. $6) |
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| Bank draft - when Westpac sells |
$25 per draft |
| Stop payment |
$10 per draft |
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| Traveller cheques cashed |
$5 per transaction |
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| Telegraphic transfer |
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sent by you |
$25 per transfer (To another bank)
$15 per transfer (To another Westpac Foreign Currency Account) |
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sent to you* |
$10 per transfer (Westpac customer)
$25 per transfer (Non-Westpac customer)
$50 per transfer (Non-Westpac customer, when transfer sent in a foreign currency) |
| Funds transfer enquiry |
$15 per correspondence with overseas bank |
| *other fees and charges may apply depending on the sending bank. |
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| Cheques sent for collection |
$50 per cheque (includes courier) |
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| Foreign currency accounts |
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cash deposits |
2% of foreign amount (min. NZ$35) |
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foreign cheque, travellers' cheque, bank draft deposits |
NZ$5 per deposit |
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| Foreign cheques dishonoured |
$30 plus overseas bank charges |
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| > more information about international services |
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| DeskBank |
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each payment |
19c |
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each direct debit |
19c |
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| > more information about DeskBank |
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