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Prior to 1993, Australia and New Zealand had separate industry classifications. It is arranged into 19 broad industry divisions and 96 industry subdivisions There are two more detailed levels called Groups and Classes. ANZSIC codes are four-digit numbers. The Australian Taxation Office (ATO) uses five-digit codes referred to as Business ...
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 accounts. Some banks continue to use two bank codes, which today are of only historic and legacy significance. [citation ...
AusPayNet is also the official issuer and custodian of Bank State Branch (BSB) numbers, the bank code system used in Australia. AusPayNet assigns the bank code to a financial institution who then allocates the other digits, in line with guidelines set by AusPayNet. AusPayNet also manages the Magnetic ink character recognition (MICR) cheque ...
Community CPS Australia (t/a Beyond Bank Australia) Adelaide: Community First Credit Union (t/a Community First Bank & EasyStreet) Sydney: Credit Union Australia (t/a Great Southern Bank) Brisbane: Credit Union SA: Adelaide: Defence Force Credit Union (t/a Defence Bank) [44] Melbourne: DNISTER Ukrainian Credit Co-operative Essendon
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
Iraq has a 1 to 3 digit bank code which identifies the bank branch. New Zealand has a 6-digit prefix identical to Australia's BSB code, and although they appear similar (e.g. ANZ bank accounts in both countries start with 01, Westpac with 03), they are not compatible.
On 1 June 2022, National Australia Bank Limited (NAB) acquired the consumer banking business from Citigroup Pty Ltd (Citi), an Australian branch of Citibank. [ 57 ] On 19 January 2023, NAB announced that it would create a stablecoin called the AUDN that would be pegged to the Australian Dollar , and that the digital asset would be on the ...
On 8 September 1834 the Sydney Herald carried a notice titled "The Commercial Banking Company of Sydney" proposing the establishment of a new bank. [1] It began operations on 1 November 1834 [1] and in 1848 was incorporated by an Act of the New South Wales Parliament. Sir Edward Knox was the first bank manager and later a director. [2]