Bank Code Verified

012-256, BSB Number for ANZ Bank, West Ryde, NSW

BSB Number: 012-256

Bank: ANZ Bank

Financial Institution: ANZ

Address: Refer to BSB 012-295 08/14

City: West Ryde

State: NSW

Postcode: 2114

System: PEHto BSB Numbers: The Backbone of Banking

Have you ever wondered how banks efficiently transfer funds? Behind the scenes, a crucial system exists that ensures the smooth flow of funds from one account to another.

This system relies on a unique identification and routing mechanism called BSB numbers. In this article, we will delve into the world of BSB numbers, exploring their importance in the banking system and how they facilitate the identification and routing of funds.

Topic 1: The Significance of BSB Numbers in Banking

When you think of banking, you might imagine long queues, paperwork, and complex transactions. However, at the core of this vast industry is a simple yet powerful toolthe BSB number.

An acronym for Bank, State, and Branch, BSB numbers serve as a vital identifier for financial institutions and individual bank branches across Australia. Financial institutions, such as ANZ Bank, utilize BSB numbers to streamline transactions and allocate funds accurately.

These unique six-digit codes provide a structured format for processing payments, making it easier for banks to identify the recipient’s bank and branch. This level of specificity helps to ensure that funds reach the intended destination promptly and without error.

Topic 2: ANZ Bank: A Trusted Institution

ANZ Bank, also known as Australia and New Zealand Banking Group Limited, stands as one of Australia’s most prominent financial institutions. Recognized for its commitment to customer service and innovation, ANZ Bank plays a significant role in the country’s banking landscape.

With a network of branches and ATMs spanning the nation, ANZ Bank caters to the banking needs of individuals, businesses, and organizations. Committed to empowering its customers with seamless access to financial services, ANZ Bank has established itself as a trusted entity in the industry.

BSB Numbers: The Connectors of Australia’s Financial Network

To comprehend the role of BSB numbers in the banking system, it is crucial to understand how they function as a unique identifier and aid in the routing of funds. When making a transaction, be it a direct deposit or an electronic transfer, the BSB number comes into play.

Identification: Ensuring Accuracy and Efficiency

Imagine you want to transfer funds to a friend’s account at a different bank. Without BSB numbers, the process would be complex and prone to errors.

However, by leveraging this system, you can effortlessly allocate funds to the correct institution, state, and branch. For example, let’s consider BSB number 012-256, associated with the ANZ Bank West Ryde branch.

The first two digits, 012, indicate the bank code for ANZ. The following three digits, 256, represent the state and branch code for West Ryde.

Routing: Navigating the Financial Landscape

Apart from identifying the financial institution and branch, BSB numbers contribute significantly to the routing of funds. The Australian Payments Clearing Association’s Bulk Electronic Clearing System (BECS) employs BSB numbers to direct funds to the right destination.

When you initiate a transfer, your bank references the BSB number to determine the recipient’s financial institution. Subsequently, it uses routing tables to find the exact receiving branch and channel funds accordingly.

This seamless process is made possible by the structured format of BSB numbers. The BSB Number System: PEH and Its Features

Now that we have explored the fundamentals of BSB numbers, it is essential to introduce the PEH system.

PEH, or Payments Entry Hub, is a payments clearing system employed by various financial institutions, including ANZ Bank. PEH facilitates the processing of various payments, ranging from direct debits and credits to periodic transactions.

By utilizing BSB numbers, PEH directs funds through an extensive network, ensuring reliable and efficient transfer of payments.


In conclusion, BSB numbers play a vital role in the functioning of the banking system in Australia. These unique identification codes streamline the process of transferring funds while ensuring accuracy and efficiency.

With ANZ Bank as a trusted institution and the PEH system in place, the use of BSB numbers has become seamless and integral to the financial landscape. As you navigate the world of banking, keep in mind the significance of these six-digit codes and their role in facilitating secure and reliable transactions.

Topic 3: The PEH System: Enhancing Efficiency in Payment Clearing

In the world of banking and finance, efficiency is of utmost importance. To ensure a seamless transfer of funds, financial institutions leverage sophisticated systems and technologies.

One such system that plays a crucial role in streamlining payment processes is the Payments Entry Hub (PEH) system. In this section, we will explore what the PEH system stands for and its connection to the BSB number provided.

The PEH system, also known as the Payments Entry Hub, is a cutting-edge payment processing system utilized by various financial institutions, including ANZ Bank. It serves as a centralized hub that facilitates the routing and clearing of payments through its extensive network.

By employing the BSB number as a unique identifier, the PEH system directs funds to the intended recipient with precision and efficiency. The PEH system acts as an intermediary between the originating bank and the receiving bank, ensuring secure and reliable transfer of funds.

When a payment transaction is initiated, the originating bank references the BSB number to identify the recipient’s financial institution. The PEH system then takes over, utilizing its robust infrastructure to route the funds to the correct branch and account.

This sophisticated system operates in real-time, ensuring that funds are swiftly transferred from one account to another. Its advanced routing capabilities and extensive connections with financial institutions across Australia enable the PEH system to process large volumes of transactions efficiently.

With its ability to handle various payment types, including direct debits, direct credits, and periodic transactions, the PEH system plays a vital role in the smooth functioning of the Australian banking system. By leveraging the BSB number as an integral part of its routing algorithm, the PEH system ensures that funds flow seamlessly through the financial network, benefiting both individuals and businesses alike.

Topic 4: Decoding the BSB Number Structure

Now that we understand the significance of the BSB number and its relationship with the PEH system, let’s dive into the structure of this unique identifier. The BSB number consists of six digits and follows a specific format: AAA-BBB.

The first two digits of the BSB number represent the bank code. In the case of the provided BSB number, 012-256, the bank code, 012, indicates that the financial institution is ANZ Bank.

Each bank in Australia is assigned a unique bank code, allowing for quick and accurate identification during payment processing. The next three digits of the BSB number are the state and branch code.

In this instance, the state and branch code is 256, indicating the West Ryde branch of ANZ Bank. This specific code distinguishes the branch within the financial institution and aids in directing funds to the correct location.

By examining the BSB number, 012-256, we can interpret the following information:

– Bank Code (First two digits): ANZ Bank

– State and Branch Code (Next three digits): West Ryde branch

This breakdown allows banks and payment systems, such as the PEH system, to easily identify the financial institution and specific branch associated with the BSB number. This information plays a crucial role in routing funds accurately, ensuring that payments reach the intended recipient promptly.

Understanding the format and interpretation of BSB numbers is essential for both businesses and individuals engaging in financial transactions. By correctly inputting the BSB number, one can ensure that funds are transferred securely and efficiently.


In conclusion, the PEH system and the BSB number are interconnected components of Australia’s banking infrastructure. The PEH system acts as an intermediary in the payment clearing process, utilizing the BSB number as a unique identifier to route funds accurately.

By understanding the structure of the BSB number and how it relates to the PEH system, individuals and businesses can navigate the financial landscape with confidence, knowing that their transactions will be processed with efficiency and accuracy.

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