Bank Code Verified

032-536, BSB Number for Westpac Bank, Casino, NSW

BSB Number: 032-536

Bank: Westpac Bank

Financial Institution: WBC

Address: 45 Walker Street

City: Casino

State: NSW

Postcode: 2470

System: PEHWhen it comes to banking, there are many important aspects to understand. One such aspect is the BSB number, which stands for Bank State Branch number.

In this article, we will discuss what BSB numbers are, their importance in the banking system, and how they are used for the identification and routing of funds. Additionally, we will take a closer look at Westpac Bank, one of the major financial institutions in Australia.

Topic 1:to BSB Numbers

BSB numbers are a unique identifier for every bank branch in the Australian banking system. They consist of six digits, with the first two digits representing the bank code and the last four digits representing the specific branch code.

These numbers play a crucial role in ensuring smooth and efficient financial transactions within the banking system.

Importance of BSB Numbers

BSB numbers are vital because they enable accurate identification and routing of funds. Every financial institution in Australia has its own unique BSB number, ensuring that funds are directed to the correct bank and branch.

This is especially crucial in electronic transactions, where funds are transferred digitally, as an incorrect BSB number could lead to funds being sent to the wrong destination.

Identification and Routing of Funds

When you make a payment or transfer funds to another account, the BSB number is used to identify the recipient’s bank and branch. It acts as a sort of address, ensuring that the funds are directed to the right place.

This is particularly important for interbank transfers, where funds are moved between different financial institutions. In a typical electronic funds transfer, the payer provides their own BSB number along with the recipient’s BSB number.

The payer’s bank then uses the BSB number to identify the recipient’s bank and branch. Once identified, the payer’s bank transfers the funds to the recipient’s bank, effectively routing the funds to the desired destination.

BSB numbers are also used for check and direct debit transactions, where the payer’s bank uses the BSB number to accurately direct the funds. This ensures that the funds go to the correct account and avoids any unnecessary delays or errors in the transaction process.

Topic 2: Westpac Bank

Westpac Bank, also known as Westpac Banking Corporation, is one of the largest financial institutions in Australia. With a long history dating back to 1817, Westpac has grown to become a trusted and well-established bank in the country.

Bank Overview

Westpac offers a wide range of financial services, including personal banking, business banking, and wealth management. They provide solutions tailored to the needs of individual customers, small businesses, and large corporations.

Whether it’s opening a bank account, obtaining a loan, or managing investments, Westpac is equipped to assist customers with their financial needs.

Convenience and Accessibility

Westpac understands the importance of convenience and accessibility for customers. They offer various digital banking services, including online and mobile banking, which allow customers to manage their finances anytime, anywhere.

Additionally, Westpac has an extensive network of branches and ATMs across Australia, ensuring that customers can access their accounts and perform transactions with ease.

Commitment to Customer Service

Customer service is a top priority for Westpac. They strive to provide excellent customer service, assisting customers with their inquiries and financial needs.

Whether it’s a simple question or a complex financial matter, Westpac’s dedicated team of professionals are there to help.

Community Involvement

Westpac is committed to giving back to the community. They support various charitable initiatives and community projects, aiming to make a positive impact on society.

Through their community involvement, Westpac demonstrates their commitment to social responsibility.


In conclusion, BSB numbers play a critical role in the banking system by ensuring the accurate identification and routing of funds. They act as unique identifiers for bank branches, enabling seamless financial transactions.

Westpac Bank, as a major financial institution in Australia, offers a wide range of services and is committed to providing convenience, accessibility, and excellent customer service. With their dedication to the community, Westpac continues to make a positive impact on society.

Topic 3: PEH System

The PEH system, which stands for Payment Entry Hub system, is an integral part of the Australian banking infrastructure. It is a sophisticated electronic platform that facilitates the processing and settlement of financial transactions.

The PEH system plays a crucial role in the smooth functioning of the banking system and is closely tied to the BSB number provided. The PEH system operates as a central hub for the clearing and settlement of electronic payments between financial institutions in Australia.

It acts as an intermediary, facilitating the transfer of funds from the payer’s bank to the recipient’s bank. By using the BSB number, the PEH system ensures that the funds are accurately routed to the correct bank and branch.

When a payment or transfer is initiated, the payer’s bank submits the transaction details, including the BSB number, to the PEH system. The PEH system then validates the BSB number to ensure its accuracy and authenticity.

If the BSB number is valid, the PEH system proceeds with processing the payment, initiating the transfer of funds between the payer’s bank and the recipient’s bank. This process happens swiftly and securely, ensuring that funds are delivered efficiently.

The PEH system acts as a critical link between different financial institutions and plays a vital role in maintaining the integrity and efficiency of the Australian banking system. By utilizing the BSB number, the PEH system enables seamless and accurate routing of funds, ensuring that transactions are completed successfully.

Topic 4: Understanding BSB Number Structure

To understand the structure of BSB numbers, it is important to break down their format and examine the significance of each digit. BSB numbers consist of six digits, with the first two digits representing the bank code and the last four digits representing the branch code.

The first two digits of the BSB number indicate the bank code, which identifies the financial institution. In the BSB number “032-536” provided, the bank code “03” corresponds to Westpac Bank, indicating that this BSB number is specific to Westpac Bank.

The last four digits of the BSB number represent the branch code, which identifies the particular branch within the bank. In the BSB number “032-536,” the branch code “536” identifies the specific branch of Westpac Bank associated with the address provided (45 Walker Street, Casino, NSW, 2470).

Breaking down the BSB number “032-536” further, the digits can be interpreted as follows:

– The first and second digits, “03,” represent the bank code for Westpac Bank. – The third and fourth digits, “2-5,” indicate the state or territory in which the branch is located.

In this case, the BSB number “032-536” indicates that the branch is located in New South Wales (NSW). – The fifth and sixth digits, “3-6,” represent the branch code, indicating the specific branch within Westpac Bank located in Casino.

By analyzing the individual digits of a BSB number, we can decipher important information about the bank, branch, and location associated with that particular BSB number. Understanding the structure and significance of BSB numbers allows customers and banking professionals to accurately identify the relevant financial institutions and branches involved in a financial transaction.

This ensures that funds are directed to the correct destination, facilitating efficient and secure banking operations within the Australian banking system. In conclusion, the PEH system and BSB numbers are interconnected components of the Australian banking system.

The PEH system relies on the BSB number to accurately identify and route funds between financial institutions. BSB numbers, with their specific format and structure, provide crucial information about the bank, branch, and location associated with a particular BSB number.

This understanding aids in the smooth functioning of the banking system, ensuring that transactions are processed accurately and efficiently.

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