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Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. [ 2 ] Established in 1817 as the Bank of New South Wales , it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation ...
Finally, in 1996 the community trusts sold Trust Bank New Zealand to Westpac Banking Corporation for $1.2 billion. The two banks merged as WestpacTrust, although the word trust was phased out by 2002. [17] From this time, ASB Bank (who had taken over Westland Bank) and TSB Bank became the only remaining "regional" banks.
ASB Bank: 11 May 1989 New Zealand retail banking subsidiary Commonwealth Bank: 17.2% (2022) [5] Auckland, New Zealand: Westpac New Zealand: 31 October 2006 New Zealand retail banking subsidiary Westpac: 18% (2022) [6] Sydney, Australia: WBC NZ Branch: 1 April 1987 New Zealand registered branch of offshore banking group Auckland, New Zealand ...
Agency arrangement via Westpac Rabobank New Zealand: 03: 0001–1999 China Construction Bank New Zealand: 05 8884-8889 National Bank of New Zealand [a] now ANZ: 06: 0001–1499 National Australia Bank: 08: 0000–9999 Industrial and Commercial Bank of China: 10 5165—5169 PostBank [a] 11: 5000–8999 ASB: 12: 3000–3999 Trust Bank Southland ...
Beem It is an instant payment free-to-download mobile application owned by Commonwealth Bank, NAB and Westpac later sold to Eftpos Australia. It offers an instant payment transfer service between registered users of the app regardless of which bank they are with. The app's main features include options to pay, transfer, request and split money ...
For Westpac's New Zealand account holders, using a Global ATM Alliance ATM means Westpac will waive its NZ$3 international transaction fee that would be charged at other overseas ATMs. All other fees apply, including a 1.95% foreign currency conversion fee.
Some of the larger banks had two bank codes, with separate codes for their trading (cheque) and savings bank entities. The first digit of the bank code was either 0 (for trading bank accounts) or 1 (for savings bank accounts), with a common second digit. For example, 03 was for Westpac's trading accounts, while 73 was for Westpac's savings ...
ASB Bank sold 75% of its shares to Commonwealth Bank in 1989, with the remaining 25% being sold to CBA in 2000. Bank of New Zealand was acquired in 2003 by the National Australia Bank. Westpac New Zealand became part of the Westpac Banking Corporation in 1998 when WBC acquired Trust Bank (New Zealand) forming WestpacTrust. The bank was ...