Foreign exchange & international payments
If you or your business is involved in importing and/or exporting, you will appreciate that managing your foreign exchange exposures can be critical to the profitability of your business. Westpac's foreign exchange dealers will provide you with all the advice and assistance you require to effectively manage your foreign currency exposures.
Email us at trsyfiji@westpac.com.au for any treasury related enquiries you may have.
Same Day International Payments
Westpac is one of the leading foreign exchange and international payments player in the region. Westpac is able to make same day payments in a wide number of currencies at very competitively priced exchange rates.
Forward Exchange Contracts (FEC's)
Westpac's treasury dealers can help you manage your foreign currency risk via forward exchange contracts. Forward exchange contracts provide you with the opportunity to lock in an exchange rate today, for the purchase or sale of a fixed amount of foreign currency on a future date. Locking in the exchange rate provides you with certainty; it protects you from adverse future movements in the exchange rate. Dealing in forward exchange contracts is subject to approval from the Reserve Bank of Fiji and Westpac's credit assessment process.
Bank Cheques and Foreign Currency Drafts
In order to facilitate personal and business banking needs Westpac can provide its customers with Fiji dollar bank cheques, plus currency drafts in a wide range of foreign currencies.
Travellers Cheques
Westpac can provide customers Travellers Cheques in range of different currencies. In addition, Westpac branches will accept and cash Travellers Cheques.
Foreign Currency Notes
Westpac can provide foreign currency notes in the following currencies, AUD, NZD and USD. Contact us or visit your local branch for more information and/or to enquire about the purchase or sale of other currency requirements.
Overseas Transfers / Telegraphic Transfer
Send money to your international suppliers or directly to an overseas financial institution, for business. Simply print the following form and send it to your local branch.