Bank State Branch
Encyclopedia
A Bank State Branch identifying code (often abbreviated and used in conversation as BSB ) is a six digit numerical code used within Australia
that identifies an individual branch
of a financial institution
. The Australian Payments Clearing Association
(APCA) is the regulatory body of the BSB numbers in Australia.
An almost identical system is used in New Zealand
, with a six digit numerical BSB code, often split into a two-digit "Bank" code and a four-digit "Branch" code. However, the New Zealand and Australian systems are incompatible.
For example, the BSB "033088" actually breaks down to the following:
While banks usually follow this system, building societies and credit union
s often do not. Building societies and former ones start with 63xxxx and credit unions 80xxxx. The state code does not always apply e.g. 633xxx is for Bendigo Bank
which started as a building society in Victoria however 638xxx is for Queensland based Heritage Building Society
. A financial institution may also use one centralised BSB for all accounts. Suncorp uses 484799 for all deposit accounts regardless of which branch or state the account was opened in. St George Bank does something similar to Suncorp.
With the expansion of the banking sector there are now many institutions which are now identified by the first three digits and "state" field is part of the "bank" identifier.
Cheques are the most common payment system which fall under APCS. BSB and Account numbers are used to identify the account to be debited and are printed on the cheque.
Electronic fund transfers between bank accounts use the Direct Entry system. BSB and account numbers are used when transferring funds via the Direct Entry System.
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
that identifies an individual branch
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution offers a wide array of face-to-face and automated services to its customers....
of a financial institution
Financial institution
In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries...
. The Australian Payments Clearing Association
Australian Payments Clearing Association
The Australian Payments Clearing Association , established February 1992, is an organisation that sets, manages and develops regulations, procedures and standards governing payments clearing and settlement within Australia. Payments systems covered by APCA's rules include cheques, direct entry,...
(APCA) is the regulatory body of the BSB numbers in Australia.
An almost identical system is used in New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
, with a six digit numerical BSB code, often split into a two-digit "Bank" code and a four-digit "Branch" code. However, the New Zealand and Australian systems are incompatible.
Format
The format of the code is as follows:- First two digits specify the parent financial institution.
- Third digit specifies the state where the branch is located
- Fourth, fifth and sixth digits specify the branch
For example, the BSB "033088" actually breaks down to the following:
- 03 = Westpac Banking CorporationWestpacWestpac , is a multinational financial services, one of the Australian "big four" banks and the second-largest bank in New Zealand....
- 3 = Victoria
- 088 = 383 Chapel Street, Prahran
While banks usually follow this system, building societies and credit union
Credit union
A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members...
s often do not. Building societies and former ones start with 63xxxx and credit unions 80xxxx. The state code does not always apply e.g. 633xxx is for Bendigo Bank
Bendigo Bank
Bendigo Bank is an Australian financial institution, operating primarily in retail banking. The company merged with Adelaide Bank in November 2007, with shareholders voting in March 2008 to change the merged company’s name to Bendigo and Adelaide Bank Limited.Before the merger, Bendigo Bank...
which started as a building society in Victoria however 638xxx is for Queensland based Heritage Building Society
Heritage Building Society
Heritage Bank Limited is Australia's largest mutual bank. Its head office is located in Toowoomba, Queensland, and it operates predominantly in the Darling Downs geographical area...
. A financial institution may also use one centralised BSB for all accounts. Suncorp uses 484799 for all deposit accounts regardless of which branch or state the account was opened in. St George Bank does something similar to Suncorp.
With the expansion of the banking sector there are now many institutions which are now identified by the first three digits and "state" field is part of the "bank" identifier.
Usage
BSB codes are used in two payment systems in Australia - Australian Paper Clearing System (APCS) (also known as CS1) and Bulk Electronic Clearing System (BECS) (also known as CS2).Cheques are the most common payment system which fall under APCS. BSB and Account numbers are used to identify the account to be debited and are printed on the cheque.
Electronic fund transfers between bank accounts use the Direct Entry system. BSB and account numbers are used when transferring funds via the Direct Entry System.
List of Bank codes
| Number | Code | Bank Name |
|---|---|---|
| 01 | ANZ | Australia and New Zealand Banking Group Limited |
| 03 or 73 | WBC | Westpac Banking Corporation Westpac Westpac , is a multinational financial services, one of the Australian "big four" banks and the second-largest bank in New Zealand.... |
| 06 or 76 | CBA | Commonwealth Bank of Australia Commonwealth Bank of Australia The Commonwealth Bank of Australia is a multinational bank with businesses across New Zealand, Fiji, Asia, USA and the United Kingdom. Commonwealth Bank provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance,... |
| 08 or 78 | NAB | National Australia Bank National Australia Bank National Australia Bank is one of the four largest financial institutions in Australia in terms of market capitalisation and customers. NAB is ranked 17th largest bank in the world measured by market capitalisation... |
| 09 | RBA | Reserve Bank of Australia Reserve Bank of Australia The Reserve Bank of Australia came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank to it.... |
| 10 | BSA | BankSA |
| 11 or 33 | STG or SGP | St George Bank |
| 12 or 639 | BQL or HOM | Bank of Queensland Bank of Queensland Bank of Queensland , one of the oldest financial institutions in Queensland, Australia, is a retail bank with a network of almost 270 branches, including 152 in Queensland, 52 in New South Wales, 23 in Victoria and 34 in Western Australia. Following the Home Building Society and Pioneer mergers,... |
| 14 | PIB | Rabobank Rabobank Rabobank is a financial services provider with offices worldwide. Their main location is in the Netherlands. They are a global leader in Food and Agri financing and in sustainability-oriented banking... |
| 15 | T&C | Town & Country Bank |
| 18 | MBL | Macquarie Bank |
| 19 | BOM | Bank of Melbourne (2011) Bank of Melbourne (2011) The Bank of Melbourne is a financial institution operated in Victoria, Australia. A subsidiary of the major Australian bank Westpac, it commenced operations on 25 July 2011.... previously Advance Bank Advance Bank The Advance Bank was an Australian bank that existed as a bank from 1985 until 1997, when it merged with St George Bank.It started as the NSW Building Society. It was demutualised in 1985 & became known as the Advance Bank. In 1995 it acquired the State Bank of South Australia, changing its name to... |
| 21 | CMB | JPMorgan Chase Bank |
| 23 | BAL | Bank of America Bank of America Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina... |
| 24 | CTI | Citibank Citibank Citibank, a major international bank, is the consumer banking arm of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York... |
| 26 | BTA | BT Financial Group BT Financial Group BT Financial Group is a financial services company based in Australia, with operations there and in New Zealand. Its product range includes managed investments, life insurance, superannuation and discount brokering products... |
| 29 | BOT | Bank of Tokyo |
| 30 | BWA | BankWest |
| 34 or 985 | HBA or HSB | HSBC Bank Australia HSBC Bank Australia HSBC Bank Australia Limited was granted a banking license in 1986 having been established as HSBC Finance Company Limited in 1965. It is a fully owned subsidiary of The Hongkong and Shanghai Banking Corporation Limited and part of the worldwide HSBC Group... |
| 35 | BOC | Bank of China Bank of China Bank of China Limited is one of the big four state-owned commercial banks of the People's Republic of China. It was founded in 1912 by the Government of the Republic of China, to replace the Government Bank of Imperial China. It is the oldest bank in China... |
| 38 | KIWI | Kiwibank Kiwibank Kiwibank Limited is a wholly owned subsidiary of the state-owned enterprise New Zealand Post Limited. Through Kiwibank, New Zealand Post provides banking services through its PostShops and joint venture Books & More and Papermate outlets throughout New Zealand.The bank was initiated as part of Jim... |
| 40 | CST | Commonwealth Bank Group |
| 41 | DBA | Deutsche Bank Australia |
| 42 or 52 | TBT | Colonial Trust Bank |
| 45 | OCB | OCBC Bank |
| 46 | ADV | Advance Bank Advance Bank The Advance Bank was an Australian bank that existed as a bank from 1985 until 1997, when it merged with St George Bank.It started as the NSW Building Society. It was demutualised in 1985 & became known as the Advance Bank. In 1995 it acquired the State Bank of South Australia, changing its name to... |
| 47 | CBL | Campbell Brothers Limited |
| 48 or 664 | MET or SUN | Suncorp-Metway Suncorp-Metway Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's largest banks and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry... |
| 55 | BML | Bank of Melbourne (1989) Bank of Melbourne (1989) The Bank of Melbourne was a financial institution based in Melbourne, Australia, established in 1989 and taken over by the Westpac Banking Corporation in 1997... |
| 57 | ASL | Australian Settlements Limited |
| 61 | Adelaide Bank Adelaide Bank The Adelaide Bank was a publicly listed regional bank with its head office in the state of South Australia. Since 30 November 2007 it is a wholly owned subsidiary of Bendigo and Adelaide Bank and Adelaide Bank shares are no-longer quoted on the ASX... |
|
| 630 | ABS | ABS Building Society Ltd |
| 632 | BAE | B&E Limited |
| 633 | BBL | Bendigo Bank Bendigo Bank Bendigo Bank is an Australian financial institution, operating primarily in retail banking. The company merged with Adelaide Bank in November 2007, with shareholders voting in March 2008 to change the merged company’s name to Bendigo and Adelaide Bank Limited.Before the merger, Bendigo Bank... |
| 637 | GBS | Greater Building Society Ltd |
| 638 | HBS | Heritage Building Society Heritage Building Society Heritage Bank Limited is Australia's largest mutual bank. Its head office is located in Toowoomba, Queensland, and it operates predominantly in the Darling Downs geographical area... |
| 640 | HUM | Hume Building Society Limited |
| 641 or 647 | IMB or AUB | IMB Ltd |
| 642 | ADC | Australian Defence Credit Union Ltd |
| 645 or 656 | MPB or BAY | Wide Bay Australia Ltd |
| 646 | MMB | Maitland Mutual Building Soc Ltd |
| 650 | NEW | Newcastle Permanent Building Society Newcastle Permanent Building Society The Newcastle Permanent Building Society is a building society based in Newcastle, New South Wales in Australia. It has total assets of $6.3 billion, the largest of any building society in Australia.- History :... |
| 653 | PPB | Pioneer Permanent Building Society |
| 655 | ROK | The Rock Building Society Limited |
| 657 | GBS | Greater Building Society |
| 70 | CUS | Credit Unions |
| 728 | SCU | Summerland Credit Union (1 July 2011 728-728) |
| 80 | CRU | Credit Unions |
| 812 | TCU | Teachers Credit Union Ltd |
| 813 | CAP | Capricornian Ltd |
| 814 | CUA | Credit Union Australia Ltd |
| 815 | PCU | Police Dept Employees C/U Ltd |
| 817 | WCU | Warwick Credit Union |
| 819 or 931 | IBK or ICB | Industrial & Commercial Bank of Australia |
| 902 | APO | Australia Post Australia Post Australia Post is the trading name of the Australian Government-owned Australian Postal Corporation .-History:... |
| 913 | SSB | State Street Bank & Trust Company |
| 915 | FNC | FNC Agency - Bank One, NA |
| 917 | ARA | Arab Bank Australia |
| 918 | MCB | Mizuho Corporate Bank Mizuho Corporate Bank , or MHCB, is the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate... |
| 922 | UOB | United Overseas Bank United Overseas Bank United Overseas Bank Limited , abbreviated as UOB is a bank incorporated in Singapore. It was founded 6 August 1935 by Kuching-born Datuk Wee Kheng Chiang, father of the present United Overseas Bank Group Chairman, Mr... |
| 923 or 936 | ING or GNI | ING Bank |
| 932 | NEC | New England Credit Union Ltd |
| 939 | AMP | AMP Bank |
| 941 | BCY | Bank of Cyprus Bank of Cyprus Bank of Cyprus is a major Cypriot financial institution. In terms of market capitalisation it is the country's second largest company.As of December 31, 2005, the Group's Total Assets reached C£13,22bn and the Group's Shareholders' Funds were C£818mn . At 30 September 2008, the Group's Total... Australia |
| 942 | LBA | Laiki Bank |
| 943 | TBB | Taiwan Business Bank |
| 944 | MEB | Members Equity Bank |
| 946 | UBS | UBS AG |
| 951 | INV | Investec Bank (Australia) Limited |
| 952 | RBS | Royal Bank of Scotland Royal Bank of Scotland The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the... |
| 969 | MSL | Tyro Payments Tyro Payments Tyro Payments is an Australian financial institution specialising in merchant credit, debit and EFTPOS acquiring. It was founded in 2003 by ex-Cisco employees Peter Haig, Andrew Rothwell and Paul Wood as MoneySwitch Ltd. Tyro is the first new entrant into the Australian EFTPOS business in over 10... |
| 980 | BOC | Bank of China Bank of China Bank of China Limited is one of the big four state-owned commercial banks of the People's Republic of China. It was founded in 1912 by the Government of the Republic of China, to replace the Government Bank of Imperial China. It is the oldest bank in China... Australia |
List of State codes
- 2 - Australian Capital TerritoryAustralian Capital TerritoryThe Australian Capital Territory, often abbreviated ACT, is the capital territory of the Commonwealth of Australia and is the smallest self-governing internal territory...
, New South WalesNew South WalesNew South Wales is a state of :Australia, located in the east of the country. It is bordered by Queensland, Victoria and South Australia to the north, south and west respectively. To the east, the state is bordered by the Tasman Sea, which forms part of the Pacific Ocean. New South Wales... - 3 - Victoria
- 4 - QueenslandQueenslandQueensland is a state of Australia, occupying the north-eastern section of the mainland continent. It is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south respectively. To the east, Queensland is bordered by the Coral Sea and Pacific Ocean...
- 5 - South AustraliaSouth AustraliaSouth Australia is a state of Australia in the southern central part of the country. It covers some of the most arid parts of the continent; with a total land area of , it is the fourth largest of Australia's six states and two territories.South Australia shares borders with all of the mainland...
, Northern TerritoryNorthern TerritoryThe Northern Territory is a federal territory of Australia, occupying much of the centre of the mainland continent, as well as the central northern regions... - 6 - Western AustraliaWestern AustraliaWestern Australia is a state of Australia, occupying the entire western third of the Australian continent. It is bounded by the Indian Ocean to the north and west, the Great Australian Bight and Indian Ocean to the south, the Northern Territory to the north-east and South Australia to the south-east...
- 7 - TasmaniaTasmaniaTasmania is an Australian island and state. It is south of the continent, separated by Bass Strait. The state includes the island of Tasmania—the 26th largest island in the world—and the surrounding islands. The state has a population of 507,626 , of whom almost half reside in the greater Hobart...
See also
- ISO 9362ISO 9362ISO 9362 is a standard format of Business Identifier Codes approved by the International Organization for Standardization . It is a unique identification code for both financial and non-financial institutions...
, the standard for SWIFTSwiftThe swifts are a family, Apodidae, of highly aerial birds. They are superficially similar to swallows, but are actually not closely related to passerine species at all; swifts are in the separate order Apodiformes, which they share with hummingbirds...
codes, international bank idientifiers - List of banks in Australia
- Sort codeSort CodeA sort code is the name given by both the British and Irish banking industry to the bank codes which are used to route money transfers between banks within their respective countries via their respective clearance organisations. In Ireland it is known as the NSC or National Sort Code and is...
, a number used in the United KingdomUnited KingdomThe United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
that is similar to the BSB