Bank Index

WESTPAC BANKING CORPORATION

Bank · Australia · overall 5.3 / 10

Open in Bank Index

How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in Australia: 95/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

WESTPAC BANKING CORPORATION is recorded in the global register as a bank in Australia. The register names Australian Prudential Regulation Authority as its regulator and shows the licence as active. Established 2002. Collected from open registers. We have not checked this company by hand yet.

Legal name
WESTPAC BANKING CORPORATION
Regulated by
Australian Prudential Regulation Authority
Licence confirmed
yes, on a regulator's own list
Established
2002
LEI
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Scores, 0 to 10

6.5Financial strength & stability
· source
6.0Asia-Pacific (SG, HK, AU, JP, KR)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.