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St. George Bank

St.George Bank provides standard bank‑to‑bank international money transfers (IMTs) from Australia to many countries, including Pacific destinations reachable via correspondent banks, using online and branch channels.

Key Facts and Figures

  • St.George is a retail banking division of Westpac Banking Corporation, one of Australia’s major banks, and uses Westpac’s international payments infrastructure for IMTs.
  • IMTs can be sent in at least 17 currencies via internet and mobile banking, with additional options in branches; St.George is among the providers for transfers from Australia to Pacific Island bank accounts.
Mission Statement

Mission Statement

As part of Westpac Group, St.George’s stated purpose is to help customers prosper and grow, offering everyday banking, lending and payment services; IMTs are presented [...]
  • As part of Westpac Group, St.George’s stated purpose is to help customers prosper and grow, offering everyday banking, lending and payment services; IMTs are presented as a convenient way for customers to pay overseas accounts or support family abroad.
  • Customer information emphasises security and ease of use via internet and mobile banking, with branch support available for customers who need assistance with international payments.
Core Services

Core Services

Customers can send IMTs using the “Overseas Transfers” function in internet banking or via branches, funding transfers from eligible AUD accounts to overseas bank accounts.

Customers can send IMTs using the “Overseas Transfers” function in internet banking or via branches, funding transfers from eligible AUD accounts to overseas bank accounts.

Countries Covered

Countries Covered

St.George's SWIFT‑based service can send to most countries where correspondent relationships exist, including Pacific Island states such as Fiji, Samoa and Tonga.

St.George’s SWIFT‑based service can send to most countries where correspondent relationships exist, including Pacific Island states such as Fiji, Samoa and Tonga.

Fees and FX Rates

Fees and FX Rates

Typical fees (subject to current promotions) include: about AUD 10 per transfer when sending foreign currency via internet banking, and AUD 20–32 for some other channels or currencies, with [...]
  • Typical fees (subject to current promotions) include: about AUD 10 per transfer when sending foreign currency via internet banking, and AUD 20–32 for some other channels or currencies, with higher charges for staff‑assisted or in‑branch transfers.​
  • These fees are in addition to an FX margin—independent analysis estimates a markup of around 3% on the exchange rate—which can represent a substantial hidden cost on larger transfers; overseas and intermediary banks may also deduct their own fees.
Q and A Selection

Q and A Selection

Q: How do you send a transfer? A: Customers must first be authorised for overseas telegraphic transfers, then in internet banking choose Transfers → Payments [...]

Q: How do you send a transfer?

A: Customers must first be authorised for overseas telegraphic transfers, then in internet banking choose Transfers → Payments & BPAY → “Overseas Transfers,” enter beneficiary and bank SWIFT/BIC details, select currency and amount, and confirm.​

Q: How long does it take?

A: Transfers confirmed before 5pm AEST on business days are processed the same day, but St.George notes that actual crediting times for overseas accounts vary by country and intermediary banks and cannot be guaranteed.​

Q: Who pays additional charges?

A: St.George warns that other banks involved may deduct their own fees from the remittance, and that extra St.George charges can apply for tracing, cancelling or amending an international payment.

User Testimonaials

User Testimonaials

Third‑party reviews describe St.George IMTs as convenient for existing customers but relatively expensive overall once FX margins and intermediary fees are considered; they suggest comparing [...]
  • Third‑party reviews describe St.George IMTs as convenient for existing customers but relatively expensive overall once FX margins and intermediary fees are considered; they suggest comparing specialist money‑transfer services for better value, especially on smaller amounts.
  • Users report that online initiation is straightforward, but some note delays or uncertainty over final costs due to correspondent‑bank deductions and exchange‑rate markups.
Compliance and Legal Info

Compliance and Legal Info

St.George Bank is a division of Westpac Banking Corporation, which is an authorised deposit‑taking institution in Australia with ABN 33 007 457 141 and Australian Financial Services Licence (AFSL) [...]
  • St.George Bank is a division of Westpac Banking Corporation, which is an authorised deposit‑taking institution in Australia with ABN 33 007 457 141 and Australian Financial Services Licence (AFSL) and Australian Credit Licence number 233714.​
  • These Westpac licences cover St.George’s international money‑transfer services as part of its overall banking activities; St.George itself does not hold a separate IMT‑specific licence number, so compliance documentation usually cites the Westpac legal entity and licence details above when describing St.George IMTs.
AUD