Westpac to change bank fees

Westpac has announced a restructure of its account fees following NAB’s new fee strategy announced yesterday. On most transaction accounts, fees for over-the-counter transactions will increase from $2 to $2.50 whilst cheques written will rise 35 cents to $1. Fees for phone, EFTPOS, direct debit and internet transactions will decrease, ATM fees will remain the same. All changes will be effective from December 1.