Bsb number how long

The first two digits XX indicate the bank or financial institution where the money is being transferred. Now that you understand what a Bank State Branch is, the next step is to understand how to locate a Bank State Branch number.

There are actually several ways to find it which means you will never be stuck in making your payments and transfers. Whereas in Australia you need both the Bank State Branch number and bank account number to recognize an individual bank account and transfer money to it, in New Zealand BSB numbers are not used.

The last three digits ZZZ specify the kind of account accepting the transfer, this can be checking, business, savings, and so on. When sending money through your bank or money transferring service it is not uncommon to have hidden transfer fees or high foreign exchange commissions sprung upon you. We also offer a very competitive currency exchange rate in case your payment to Australia or New Zealand requires you to buy Australian Dollars or New Zealand Dollars.

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Like to learn a little more about us? Read our Corporate Report. Simple — it stands for Bank State Branch. However, BSB numbers are intended for local transactions, rather than international transfers. BSB numbers are relatively simple. They consist of three, distinct parts in the following format:.

For example, the BSB code breaks down as follows: 03 is a two-digit code for Westpac Banking Corporation, the third digit 3 identifies Victoria as the state where the bank is located, and tells us that the specific branch is the WBC branch on Collins Street. You can find BSB numbers in a couple of different ways. For a full list of codes for Australian financial institutions, check out thebsbnumbers. The first six digits is the bank code, which is used to identify both the bank and the individual branch.

The next seven numbers are used to identify the individual account. Finally, the last three digits denote the account type, i. Once you know the BSB number of your recipient — as well as their name, address, account number, and sort code — making a bank transfer is a simple process.

The last three digits ZZZ tells the sender and bank what type of account it is checking, savings, etc. Sending money? Tags: Australia bsb number. Similar Blogs. Western Union recognized as one of the most community-minded companies in Colorado Hannah Cossmann Nov 10, Useful Links. Follow Us. Most begin with 01, branch locations can be found here. Most begin with 30, branch locations can be found here.

Most begin with 63, branch locations can be found here. Most begin with 08, branch locations can be found here. Most begin with 03, branch locations can be found here.