Bank Code Verified

012-878, BSB Number for ANZ Bank, Wollongong, NSW

BSB Number: 012-878

Bank: ANZ Bank

Financial Institution: ANZ

Address: 96 Crown Street

City: Wollongong

State: NSW

Postcode: 2500

System: PEHIn the world of banking, BSB numbers play a crucial role in ensuring smooth transactions and the timely routing of funds. These numbers, also known as Bank-State-Branch numbers, are unique identifiers for individual branches of banks in Australia.

They are used to streamline and facilitate the transfer of funds between accounts, both within the same bank and across different financial institutions. In this article, we will explore the importance of BSB numbers in the banking system and how they are used for the identification and routing of funds.

Topic 1:to BSB numbers

BSB numbers serve as a vital tool in the banking system, providing a standardized method for identifying specific branches of a bank. Each BSB number is composed of six digits, with the first two digits representing the bank code, the following three digits indicating the state or territory code, and the final digit denoting the specific branch code.

This unique combination ensures that no two branches in the country have the same BSB number, allowing for accurate identification and routing of funds. The significance of BSB numbers lies in their ability to streamline and expedite banking transactions.

When a customer initiates a fund transfer, be it for paying bills, sending money to another account or making a deposit, the BSB number acts as the key identifier for the intended branch. By using the correct BSB number, the funds can be efficiently routed to the intended account, ensuring a seamless and secure transaction.

Topic 2: ANZ Bank

ANZ Bank, short for Australia and New Zealand Banking Group Limited, is one of the largest banks in Australia. With a long-standing history dating back over 180 years, ANZ Bank has become a trusted and reliable financial institution for individuals and businesses alike.

Headquartered in Melbourne, ANZ Bank boasts a wide network of branches across the country, including the Wollongong branch located at 96 Crown Street, Wollongong, NSW 2500. As a prominent player in the banking industry, ANZ Bank recognizes the importance of BSB numbers and incorporates them into their operations to ensure efficient funds management.

When dealing with ANZ Bank, it is essential to understand the significance of their BSB number, which in this case is 012-878. This unique identifier, like any other BSB number, helps ANZ Bank route funds accurately, ensuring that transactions are processed promptly and securely.

Whether you are making a transfer to an ANZ account or receiving funds from another financial institution, providing the correct BSB number is crucial for successful and hassle-free transactions.


In conclusion, BSB numbers are an essential part of the banking system, serving as unique identifiers for individual branches of banks. Understanding and using the correct BSB number ensures the smooth identification and routing of funds, allowing for efficient and secure transactions.

ANZ Bank, as a prominent financial institution, recognizes the importance of BSB numbers and incorporates them into their operations to provide seamless banking services to their customers. By familiarizing ourselves with BSB numbers and their significance, we can navigate the banking system with ease and confidence.

Topic 3: PEH System

The PEH System, also known as the Payments and Electronics Hub, is a platform used by Australian banks for the processing and routing of electronic funds transfers. It is a centralized system that facilitates the smooth movement of funds between different financial institutions, ensuring timely and accurate transactions.

The PEH System plays a crucial role in the banking system by connecting banks and enabling the transfer of funds based on the BSB numbers assigned to each branch. The PEH System works hand in hand with BSB numbers to ensure the efficient routing of funds.

When a customer initiates a fund transfer, whether it be a payment or a deposit, the PEH System uses the BSB number provided to identify the intended branch and route the funds accordingly. By leveraging this system, banks can seamlessly transfer funds between accounts, even if they are held at different financial institutions.

The PEH System offers numerous advantages to both banks and customers. Firstly, it allows for faster and more accurate processing of payments, reducing the time and effort required for manual reconciliation.

Secondly, it enables banks to provide their customers with more convenient services, such as real-time payments and instant fund transfers. Lastly, the PEH System enhances the security of electronic transactions by implementing robust encryption and authentication measures, safeguarding the integrity of funds being transferred.

Topic 4: Understanding BSB number structure

To fully comprehend the significance of a BSB number, it is essential to understand its structure and the role each digit plays. A BSB number consists of six digits, each carrying specific information about the bank, state, and branch.

The first two digits of a BSB number represent the bank code. In the case of the ANZ Bank, the bank code is 01.

These two digits indicate that the branch is associated with ANZ Bank. Different banks have unique bank codes, allowing for easy identification.

The following three digits denote the state or territory code. For example, in BSB number 012-878, the state or territory code is 2-8-7, indicating that the branch is located in New South Wales (NSW).

This helps determine the branch’s geographical location within the country, making it easier to route funds accurately. The last digit is the branch code, providing specific identification for a particular branch of the bank.

In the BSB number 012-878, the branch code is 8, designating the ANZ Bank branch located at 96 Crown Street, Wollongong in NSW. This final digit distinguishes branches within a specific state or territory, enabling efficient routing of funds to the intended branch.

By breaking down the BSB number into its individual components, we can interpret its meaning and understand the information it conveys. In the case of BSB number 012-878, we can decipher that it belongs to the ANZ Bank (bank code 01), located in New South Wales (state code 2-8-7), and specifically at 96 Crown Street, Wollongong (branch code 8).

Understanding the structure and composition of BSB numbers is essential for accurate and successful banking transactions. It enables customers to provide the correct BSB number when initiating fund transfers or making payments, ensuring that the funds are routed to the intended branch efficiently.


In conclusion, the PEH System and BSB numbers are closely intertwined components of the banking system in Australia. The PEH System acts as a platform for processing and routing electronic funds transfers, while BSB numbers provide unique identification for individual branches.

By utilizing both the PEH System and BSB numbers effectively, banks can ensure seamless and secure transactions for their customers. Understanding the structure and significance of BSB numbers allows individuals to navigate the banking system confidently and accurately provide the necessary information for successful fund transfers.

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