Westpac transfer limit 2026: Complete guide
Westpac international transfers can be sent from eligible transaction accounts to banks around the world. There’s a Westpac transfer limit which may apply per payment or per day, depending on your account type. There are also Westpac bank transfer limits on digital payments made online or in the Westpac app.
This guide introduces the Westpac transfer limits which apply to different account and payment types – and also looks at alternative ways to arrange your payment with providers like Wise and OFX. Wise and OFX may have higher limits on transfer amounts, and could also offer a better exchange rate compared to sticking with your bank. More on that later.
Quick summary: Westpac transfer limits
- Westpac payment limits apply per day for personal customers, and per transfer for business customers
- As a personal customer you can send up to 2 million AUD per day overseas in total
- You can adjust the Westpac maximum transfer daily online limit in the Westpac app – or send higher value transfers in a branch instead
- There’s no Westpac transfer fee for digital payments in a foreign currency – but the exchange rate may include a markup
Westpac limits overview:
- Westpac daily transfer limit: Personal customers can send 2 million AUD per day
- Westpac online transfer limit: Default limit is set at 750 AUD/day – this can be raised if you use an additional layer of security on your account
- Westpac receiving limit: Not stated
Westpac large transfers: Pros and cons
| Westpac large transfers pros | Westpac large transfers cons |
|---|---|
| ✅ High transfer limits of about 2 million AUD/day
✅ Daily digital transfer limits apply which can be raised in the Westpac app ✅ No fee for digital payments sent overseas in a foreign currency ✅ Reliable and familiar service |
❌ Default daily digital transfer limit is only 750 AUD
❌Exchange rates are likely to include a markup – a fee ❌ In branch transfers cost 32 AUD |
Westpac does offer easy to use, flexible payment services for customers sending money overseas. However, the costs may not be the very best available, as there is likely to be a markup added to the exchange rate used to convert your AUD to the currency needed for deposit. Before you send your transfer overseas with Westpac, have a look at alternative providers like Wise and OFX to see if they can offer a better rate and a lower overall cost for your high value payment.
Can you send high value international transfers with Westpac?
Yes. You can send high value overseas payments with Westpac. In total, Westpac personal customers with an eligible transaction account can send up to 2 million AUD a day.
There are digital payment limits which you can adjust in the Westpac app if you want to send your payment online. Or, if your transfer is too high to be made using the Westpac online or mobile banking service, you may be able to send your payment in a branch. Here higher costs apply – 32 AUD per payment plus any conversion fees.
Westpac high amount transfer fees
Here are the fees you need to know about when sending a payment overseas with Westpac:
| Service | Westpac high amount transfer fees |
|---|---|
| International payment in foreign currency arranged digitally | No Westpac transfer fee |
| International payment in AUD arranged digitally | 20 AUD |
| International payment arranged in a branch | 32 AUD |
| Exchange rate | Westpac rate, which may include a fee |
| Third party costs | Other banks involved in processing the payment may also deduct fees
You can calculate the linked cost in the Westpac app |
*Details correct at the time of research – 7th October 2025
Westpac exchange rate for international transfers
Westpac sets its own exchange rate. This may not be the same rate as you’ll find if you search for your currency pair online, or use a currency conversion tool. It may include a fee which is combined in the rate applied, which can push up the costs of your transfer without you even realizing it.
Generally the exchange rate you’ll find with a Google search or currency conversion tool is the mid-market rate. This is a good benchmark as it’s the rate used on global wholesale markets. However, it’s not often passed on to customers, as banks tend to add fees into their retail rates.
Westpac has a currency calculator online which you can use to estimate the exchange rate and fees which will apply to your payment. This allows you to get an idea of the overall costs so you can compare them to other providers, like Wise, which doesn’t add any fee onto the exchange rate used.
Is Westpac safe for large amount transfers?
Yes. Westpac is safe even for large amounts. In fact, to send more than 750 AUD per day digitally with Westpac you’ll have to have additional security features on your account, which means that payments are safer and less prone to fraud.
Westpac transfer limits
Westpac has two different types of limit when you send money overseas:
- Daily digital limit – this is applied to online and mobile transactions, and is set as a default to 750 AUD/day. You can increase this in the app if you choose to
- Overall international transfer limit – this applies to digital and in person payments, and for personal customers is set at 2 million AUD/day
Business customers can send more than this in many cases – we’ll look at the business limits for Westpac payments later.
Alternatives to Westpac with higher transfer limits
Westpac has secure and convenient ways to send money overseas, but it’s not your only option. You can also send payments with a third party provider which may end up being faster and cheaper. Compare your options with Westpac – including the exchange rate applied on your transfer – against alternatives like Wise and OFX to see which is best for you.
Here’s a summary of the alternative providers we’ve highlighted in this guide:
| Providers | International transfer limits from AUD | Transfer methods | Transfer fees & exchange rates |
|---|---|---|---|
| Westpac | 2 million AUD/day | Bank deposit | No fee for digital payments in a foreign currency
Exchange rates may include a markup |
| OFX | Usually unlimited | Bank deposit | 15 AUD for transfers under 10,000 AUD in value
Exchange rate may include a markup |
| Revolut | Usually unlimited | Bank deposit | Variable transfer fees plus currency conversion costs as applicable
Revolut rate to plan limit, then 0.5% fees apply 1% out of hours fee may apply |
| Wise | Up to 5 million AUD or more depending on payment method | Bank deposit | Fees from 0.63%
Mid-market exchange rate |
*Details correct at the time of research – 7th October 2025
OFX
OFX is well known as a specialist provider which offers excellent service, including a 24/7 phone contact option. You can send payments to 170+ countries, and there’s not usually any OFX limit on the amount you can transfer. OFX waives its transfer fee on payments of 10,000 AUD or more, with a fee of 15 AUD for most payments under this amount.
- OFX supports personal and business payments to 170+ countries
- High value transfers over 10,000 AUD have no transfer fee
- Arrange your payment online, in app or by phone
| Service | Limits and fees |
|---|---|
| Outgoing international transfer limit | Usually unlimited |
| Outgoing international transfer fee | 15 AUD for transfers under 10,000 AUD in value |
| Exchange rate | OFX rate – may include a small markup |
| Incoming international transfer limit | Service available for business customers only |
| Incoming international transfer fee | Service available for business customers only |
*Details correct at the time of research – 7th October 2025
Revolut
Revolut Australia has several different account tiers which include personal plans with no monthly fees, and some with ongoing charges which unlock additional features. You can send payments which have variable fees depending on your plan type, and all accounts qualify for some weekday currency conversion which uses the Revolut rate without additional fees. If you convert currencies beyond your plan limit you may pay a 0.5% fair usage fee, and out of hours conversions attract a fee of 1%.
- Choose from different plans, including some which offer a discount on Revolut transfer fees
- Send to 150+ countries in 40+ currencies
- Usually no limits apply on incoming and outgoing transfers
| Service | Limits and fees |
|---|---|
| Outgoing international transfer limit | Usually unlimited – if a limit applies based on your account type and the currency involved, you’ll see it in the app |
| Outgoing international transfer fee | When sending payments in the local currency of the country:
0.15% – minimum fee of 0.9 AUD to 4.9 AUD applies, maximum fee of 500 AUD When sending in a currency other than the currency of the country: 4 AUD – 8 AUD flat fee Some plans offer discounts on transfer fees |
| Exchange rate | Weekday conversion uses the Revolut rate to plan limit, then a fair usage fee of 0.5% begins
1% out of hours fee applies |
| Incoming international transfer limit | Usually unlimited – if a limit applies based on your account type and the currency involved, you’ll see it in the app |
| Incoming international transfer fee | No Revolut fee |
*Details correct at the time of research – 7th October 2025
Wise
Wise is a specialist in sending international payments, and also offers ways to receive incoming payments in a selection of foreign currencies. Wise has high limits which allow you to send up to 5 million AUD per transfer, and converts your AUD to the currency required for deposit using the mid-market rate.
There’s a dedicated Wise large transfer support team on hand if you need help sending a larger payment, and you can get an automatic discount on payments of 40,000 AUD or more.
- Mid-market exchange rates and low fees for overseas payments to 140+ countries
- Discounts available when sending 40,000 AUD or more over the course of a month
- High payment limits up to 5 million AUD+ per transfer
| Service | Limits and fees |
|---|---|
| Outgoing international transfer limit | Bank transfers – up to 1.8 million AUD
Card – up to 18,000 AUD PayID – up to 50,000 AUD RTGS – no limit Wise account – up to 5 million AUD |
| Outgoing international transfer fee | From 0.63% with discounts on payments over 40,000 AUD |
| Exchange rate | Mid-market rate |
| Incoming international transfer limit | Usually unlimited – receive with local details in 8+, and with SWIFT details in 20+ currencies |
| Incoming international transfer fee | No fee to receive with local currencies
Low, fixed fees apply to receive SWIFT payments and USD wires |
*Details correct at the time of research – 7th October 2025
How long do large transfers take with Westpac?
Transfers sent overseas with Westpac usually take 1 – 3 business days to arrive.
The exact transfer time taken for any given payment will depend a little on factors like where you’re sending to, the currency, the recipient’s bank, and the value of the payment. If you’re ever unsure about where your money has got to you can reach out to the Westpac team to ask for help with your transfer.
How to send a large amount transfer with Westpac
You can send payments overseas with Westpac online, in app or in a branch. In branch payments are the most expensive options – here you pay 32 AUD fees, but you’ll be guided through the process by a member of staff.
If you’d prefer to make a payment in the app or online, you can take these steps:
- Sign into the Westpac app or online banking service
- In online banking go to Payments, then Make a payment, and International – or in the app, tap Payments, then Send Overseas in the Westpac App
- Select the Country to send to and the account you’re sending from
- Set the payment date, currency and amount
- Review the exchange rate and fees and select the payee
- Enter the reason for the payment
- Review and select Confirm to submit your payment
Information needed to send large amounts of money with Westpac
To send a payment with Westpac to someone based overseas you’ll need the following information:
- Recipient’s name and address
- Account number or International Bank Account Number (IBAN)
- Recipient bank BIC/SWIFT code
Depending on the nature of your payment you may also be asked to send in some extra information or documents such as proof of the source of the funds. The bank staff will walk you through this process if it’s needed.
Is it possible to increase Westpac transfer limits?
You can increase your Westpac daily digital payment limit if you register for Westpac Protect, or if you get a SecurID Token.
Westpac does not give any information about the option to raise the personal payment limit over the 2 million AUD/day. If you need to send more than this you’ll have to talk to bank staff to explore your options.
How to increase Westpac transfer limits
You can increase your daily digital payment limit from 750 AUD/day in the Westpac app, by taking the following steps:
- Log into the Westpac app and go to Service
- Tap Preferences, then Daily Payment Limit
- Select Update my Daily Payment Limit
- Enter your new limit or use the slider to set the amount, then Save
How to receive large transfers with Westpac
To receive large payments into a Westpac account you’ll need to give the person sending you money the following information:
- Bank full bank name: Westpac Banking Corporation
- Westpac’s BIC/SWIFT code: WPACAU2S
- Your full name and address
- Your 12-digit bank account number (your 6-digit BSB followed by your 6-digit account number)
There’s a 12 AUD incoming payment fee from Westpac whenever you receive an incoming international transfer. Third party banks may also deduct fees as the transfer is processed.
Alternatives to Westpac for receiving large payments
You can receive international transfers to your Westpac account in AUD only This means that at some point the funds being sent to you need to be converted from the original currency to AUD – which can incur fees.
If you’d prefer to receive an international payment in a foreign currency without conversion you may prefer to use an alternative provider like Wise or Revolut.
- Wise Account review: Receive payments with account details in 20+ currencies, often with no limit on the incoming transfer amount.
- Revolut Account review: Receive payments in AUD and EUR with local account information, and SWIFT transfers in around 25 other supported currencies.
Westpac business payments limits
Here are the Westpac business payments limits you’ll need to consider if you use Westpac for your company:
| Payment type | Westpac business payments limits |
|---|---|
| International payment without using Westpac Protect | 5,000 AUD/day |
| International payment with Westpac Protect | 2 million AUD/transaction |
| Digital daily transfer limit | 10 million AUD as a default
Can be raised to 100 million AUD |
*Details correct at the time of research – 7th October 2025
Westpac customer support for high amount transfers
Here are the most popular ways to reach Westpac customer support for high amount transfers:
- Call Westpac International Payments and Services team on 1800 632 308 – select option 2
- Email cenquiry@westpac.com.au
If you choose to email to team your message should include:
- Email subject – the missing payment number
- A copy of the original payment
- Date of the last time you checked with your beneficiary if the payment has arrived
Conclusion: Does Westpac have transfer limits?
Westpac does have transfer limits on international payments, which are set at 2 million AUD per day for personal customers. There are also daily digital transfer limits which you may need to raise in the Westpac app, by adding in additional security features.
Before you send your transfer with Westpac you may want to check you’re getting the very best available deal. Compare the fees and exchange rates offered by Westpac against alternatives like Wise and OFX. OFX has no transfer limit and offers a helpful 24/7 phone service for all customers, while Wise does not add any fees into the exchange rates used, and also has fast payment delivery times to 140+ countries.
Westpac international transfer limits FAQs
How much can I transfer with Westpac internationally online?
Westpac has daily digital transfer limits that are set at 750 AUD/day as a default. You can raise these limits in the Westpac app by signing up for additional account security.
What is the maximum amount you can transfer abroad with Westpac?
Westpac transfer limits on international payments are set at 2 million AUD per day for personal customers.
How can I increase the Westpac maximum transfer limit?
You can adjust your daily digital payment limits easily in the Westpac app – or you can talk to branch staff if you need to send a payment higher than the daily 2 million AUD cap. You may be advised to send your transfer in several installments, or you might prefer an alternative provider with higher limits, like Wise.
