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The BSB identifier consists of six numerals, the first two or three of which is a bank identifier. Many banks only have one BSB for all branches and accounts. [1] [2] The BSB is used for processing of paper and electronic transactions, but not in payment card numbering. In Australia, the Australian Payments Network (AusPayNet) is now the ...
Commercial Bank of Australia. The Commercial Bank of Australia Limited (CBA) was an Australian and New Zealand retail bank which operated from 1866 until being amalgamated with the Bank of New South Wales, that was established in 1817, to form the Westpac Banking Corporation in 1982.
A bank branch can be identified from the bank code. Denmark has 4-digit bank code (called Registreringsnummer, or Reg. nr.). France has a 10 digit code, the first 5 digits contain the clearing identifier of the banking company (Code Banque), followed by the 5-digit branch code (Code Guichet). Both numbers are only used as a combined prefix for ...
The Commonwealth Bank of Australia was established by the Commonwealth Bank Act 1911, introduced by the Andrew Fisher Labor government, which favoured bank nationalisation, with effect on 22 December 1911. [10] [11] In a rare move for the time, the bank was to have both savings and general bank business. The bank was also the first bank in ...
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 ...
where B is the bank number (2 digits), b is the branch number (4 digits), A is the account number (7 digits) and S are digits of the suffix (2 or 3 digits). Where a bank displays the suffix as two digits, a leading zero is added to pad the suffix to three digits; i.e. BB-bbbb-AAAAAAA-SS becomes BB-bbbb-AAAAAAA-0SS.
Bank state branch, branch code used in Australia Banking Standards Board , promoting standards in the banking industry in the UK Beneficial State Bank , an Oakland, California-based community development bank
Australian Payments Network Limited (AusPayNet), formerly the Australian Payments Clearing Association (APCA) [1] is the self-regulatory body set up by the payments industry to improve the safety, reliability, equity, convenience and efficiency of payment systems in Australia.