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Foreign exchange

Foreign exchange Foreign exchange

Global reach, local expertise
With dedicated trading and sales coverage in Asia, Europe, US and Australasia, we provide 24-hour access to the world's major currency markets. We’re also a leading bank for AUD & NZD currency products with competitive capabilities across G10 and Asia FX, providing:

  • Liquidity across most deliverable currency markets
  • Services in G10 derivative markets.

Our fast, simple and effective e-FX technology ensures convenient and transparent access to prices.  Additionally, we’re an active liquidity provider to clients via all major multi-bank portals (MBP) and electronic communication networks (ECN) on either a request for quote (RFQ) or streaming basis.

Our foreign exchange operation in Asia
The expansion of Asian economies brings both opportunities and challenges. Increased accessibility to markets demands more vigilant currency risk management.

We recognised this some time ago and established a Singapore based Asian team in 1972 with a group of dedicated FX traders and salespeople for both corporate and institutional customers.  

Since then our geographical footprint and service offering (from spot and forwards to derivatives and risk management solutions) has continued to expand into Hong Kong, China & Mumbai.

This enduring FX track record and client service culture demonstrates our capability to engage and solve the increasingly complex currency risk management issues through an understanding of local regulations across:

  • China
  • India
  • Singapore
  • Hong Kong
  • Korea
  • Taiwan
  • Malaysia
  • Indonesia
  • The Philippines.

Currency and Interest Rate Derivatives
We provide tailor-made solutions in currency & interest rate derivatives (G7 and INR) to help customers hedge their risks or manage the balance sheets better.

Exchange rates

Current rates against INR at 08/12/2017 04:16 PM
USD 63.48
GBP 85.66
EUR 74.65
JPY 55.72
SGD 46.71
Disclaimer

Things you should know

This information has been prepared by Westpac Banking Corporation ABN 33 007 457 141, AFSL 233714 ('Westpac'). The exchange rates provided are indicative only as at the time and date shown, are subject to market movements and therefore change continuously; they should not be relied upon as an accurate representation of any final pricing. You should contact Westpac for up-to-date pricing prior to dealing. Transactions may be subject to certain fees and charges.

For further enquiries relating to foreign exchange please visit your local branch, contact your Westpac Relationship Manager or alternatively call our Mumbai Branch on +91 22 6627 1000.

This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to these things, and seek independent specialist advice as necessary. Neither Westpac nor any director, officer, employee or associate of Westpac or of any related entity make any express or implied representation or warranty regarding the accuracy or completeness of this information.

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