• Westpac Term Deposit Rates For Smsf
• Westpac Term Deposit Rates For Over 65 Years Old
• Westpac Term Deposit Rates Today
• Term Deposit Interest Rates Nz

Rate indicated is for a period between 180 to 269 days, with a minimum of $10,000 minimum deposit required. The rate of 3.25% is 0.23% higher than the average 3.02%. Also it is 0.05% lower than the highest rate 3.30 Updated Feb, 2018. According to Westpac, when a term deposit reaches the end of its term, if no instructions have been provided at the beginning of the term or in the six days following the maturity date, then the money will be reinvested according to the same terms at the interest rate applicable at maturity.

Features and benefits

• No monthly account service fee or establishment fee¹
• Competitive interest rates with fixed amounts, rates and terms
• A range of fixed investment terms available to suit your needs
• Interest paid monthly, annually, and at maturity².

Refer to the PNG Customer Service Fees and Charges Brochure (PDF 90KB) for details.

Here’s what to do

To open a Westpac personal bank account, you’ll need to provide us with a signed and completed personal account opening form, along with some current identification documents.

We are required to verify your:

1. Full name
2. Date of birth
3. Residential address
4. Occupation
5. Signature
6. Citizenship
7. TIN
8. Income source

Information must be verified from a combination of identification documents including national ID card, birth certificate, or passport. Download the Opening a Personal Bank Account Brochure (PDF 164KB) for a list of accepted identification documents and additional identification required for non-residents. Visit your local branch or call (+675) 322 0888 for more information.

Existing customers

You may have already provided necessary identification or you may need to provide additional current identification documents. Visit your local branch to get started.

Need help?

Westpac Term Deposit Rates For Smsf

Simply speak to a Banking Representative by calling (+675) 322 0888.

Things you should know

Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

1. Early termination fee applies if the Term Deposit is ended before the full term.

2. Confirmation, Maturity, Renewal and Repayment advices sent. Once your fixed term ends, you can withdraw your funds by bank cheque, cash or direct credit into another bank account.

Features and benefits

• No monthly account service fee or establishment fee
• High fixed interest rate on balances of $1,000 and above¹
• A range of fixed investment terms available to suit your needs
• Interest paid 6 monthly and at maturity².

Fees

Westpac Term Deposit Rates For Over 65 Years Old

Refer to the Fiji Customer Service Fees Booklet (PDF 98KB)

Increased regulatory focus has led to enhanced requirements for Customer Due Diligence (CDD). With this in mind, prior to the account being opened, customers will need to:

Step 1 - Visit a Branch nearest you and bring along the following:

• Certificate of registration and $35 for search fee. (As a mandatory requirement, the Bank will conduct a search to confirm ownership).
• More information will be provided to you at this point, including mandatory forms to complete.
  

Step 2 - Once your search results are in place, you will be contacted by the Bank. You are required to collect and present the following documentations to the Bank for further verification:

• Completed copy(ies) of mandatory forms. (These are forms provided to you in Step 1 above).
• Copy of memorandum and articles, articles of association, by law etc.
• Company Resolution - signed by an authorized individual naming authorized signatories and method of operation
• Reserve Bank of Fiji letter (issue of shares to non-residents)
• Investment Fiji certificate and confirmation (non – residents)
• Valid business licence and/ hotel licence
• TIN letter for company/organisation
• Documentation to confirm source of funds
• Minimum opening balance - $1000.00
• Completed and signed forms – Please visit your nearest branch to obtain a copy of the form
• Identification for all associated parties (A/P’s) i.e. Directors, Shareholders that own 20% or more, Company Secretary, Signatories, Agents etc. (Examples of identification noted below):
  

For Residents, we recommend that you provide the following identification documents (but not limited to):

• Voter ID (Citizenship, Name, Residential Address, Date of Birth, Signature & Photo);
• TIN Letter or Joint Card (Name, Photo & TIN) and;
• An employment letter that states your occupation and confirmation that a salary is paid to you (Occupation & Source of Funds).
  

For Non-Residents, we recommend that you provide the following identification documents (but not limited to):

• A copy of your passport - Biodata and Fiji Visa page (Citizenship, Name, Date of Birth & Photo/Signature),
• Joint Card – Fiji Revenue and Customs Services (FRCS) (Name, Photo & TIN);
• An official ID or document that confirms your residential address - Driver's license, tenancy agreement or a Reference Letter (Residential Address);
• An employment letter that states your occupation or role and confirmation that a salary is paid to them (Occupation & Source of Funds).
  

Step 3 - Need help?

Simply speak to a Westpac Customer Service Representative by calling 132 032.

Things you should know

Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

1. Interest rate adjustment may apply if funds are withdrawn before maturity.

Westpac Term Deposit Rates Today

Term Deposit Interest Rates Nz

2. Once your fixed term ends, you can withdraw your funds via bank cheque, cash or direct credit into another bank account.