Bank Code Verified

034-190, BSB Number for Westpac Bank, Earlville, QLD

BSB Number: 034-190

Bank: Westpac Bank

Financial Institution: WBC

Address: 517 Mulgrave Road

City: Earlville

State: QLD

Postcode: 4870

System: PEHto BSB numbers

When it comes to banking, there are many acronyms and numbers that can seem overwhelming and confusing. One such number that plays a vital role in the banking system is the BSB number.

Short for Bank-State-Branch number, the BSB number is a unique identifier used by banks in Australia for various purposes, including the identification and routing of funds. In this article, we will delve into the world of BSB numbers, exploring their importance and how they are used in the banking system.

What are BSB numbers and why are they important? BSB numbers are six-digit numbers that are used to identify individual bank branches within Australia.

Each BSB number corresponds to a specific bank and branch, serving as a key element in the banking system’s infrastructure. These numbers are crucial for several reasons:


Identification: BSB numbers help banks and financial institutions identify the specific branch associated with an account. This information is essential for various banking transactions, including transfers, withdrawals, and direct debits.

By using the correct BSB number, the bank can quickly identify the exact branch where the account is held, ensuring seamless and accurate processing of transactions. 2.

Routing of Funds: BSB numbers play a significant role in the efficient routing of funds. When money is transferred between different bank accounts, the BSB number is used to direct the funds to the correct branch.

This ensures that the funds reach the intended recipient without any delays or errors. The BSB number acts as a sort of postal code for bank branches, ensuring that the funds are delivered to the right place within the vast network of financial institutions.

3. Clearing and Settlement: BSB numbers also facilitate the smooth operation of clearing and settlement systems.

These systems are responsible for the timely and accurate processing of large volumes of transactions among banks. When transactions are sent for clearing, the BSB numbers are used to categorize and sort the transactions based on their destination.

This enables efficient processing and ultimately speeds up the availability of funds for customers. How are BSB numbers used for identification and routing of funds?

To understand how BSB numbers are used for identification and routing of funds, let’s consider a hypothetical scenario. Suppose a customer wants to transfer money from their Westpac Bank account to a friend’s account at a different bank.

Here’s how BSB numbers come into play:

1. Identification: The customer would need to provide their friend with their BSB number, which in this case is 034-190.

This number uniquely identifies the specific Westpac Bank branch where the customer’s account is held. By providing the BSB number, the friend’s bank can accurately identify the sending branch and ensure that the funds are credited to the correct account.

2. Routing of Funds: Once the friend’s bank receives the transfer request, they would use the BSB number to route the funds.

In this case, because the friend is not part of Westpac Bank, their bank would need to communicate with Westpac Bank’s clearing and settlement systems. The BSB number is used to direct the funds through the network, ensuring that they reach the correct Westpac Bank branch associated with the customer’s account.

It is important to note that BSB numbers are not used for international transfers. Instead, international transfers rely on other identification systems, such as the bank’s SWIFT code.

For domestic transfers within Australia, however, BSB numbers are the primary means of identification and routing.


In conclusion, BSB numbers are an integral part of the banking system in Australia. They serve as unique identifiers for individual bank branches, facilitating the accurate identification and routing of funds.

By using the correct BSB number, banks can quickly process transactions and ensure that money reaches the intended recipients. So, the next time you come across a BSB number, remember its importance as the vital link in the vast network of financial institutions, making banking transactions seamless and efficient.

Topic 3: PEH System

In addition to BSB numbers, the banking system in Australia also utilizes the PEH system. PEH stands for Postal Exchange and Handling, and it is a system designed to streamline the processing and delivery of mail within the country.

While the PEH system may seem unrelated to BSB numbers at first glance, there is a connection between the two. The PEH system is responsible for organizing and directing mail to the appropriate postal facilities and stations across Australia.

It utilizes a combination of sorting equipment, automated processes, and manual handling to ensure that mail is efficiently processed and delivered to its intended recipients. The system relies on various pieces of information, including postal codes, addresses, and in some cases, BSB numbers.

While BSB numbers are primarily used for identification and routing of funds within the banking system, they can sometimes come into play in the PEH system as well. This is particularly true when it comes to financial documents, such as bank statements, which may be delivered by mail.

When a financial institution sends out bank statements or other important documents, they may include the BSB number as part of the recipient’s address. This additional piece of information helps the PEH system accurately deliver the mail to the intended bank and branch associated with the customer’s account.

By utilizing the BSB number, the PEH system can ensure that bank statements are delivered directly to the customer’s local branch, minimizing delays and ensuring the security of sensitive information. The connection between the PEH system and BSB numbers highlights the interdependence of various systems within the broader infrastructure of Australia’s banking and postal systems.

By working together, these systems enable the efficient movement of funds and information, benefiting customers and businesses alike. Topic 4: Understanding BSB number structure

Now that we have explored the importance of BSB numbers and their relevance to the banking system, let’s delve into the structure of these numbers.

BSB numbers consist of six digits, each serving a specific purpose within the overall structure. Understanding the significance of each digit can help interpret and break down a BSB number such as 034-190.

The first two digits of a BSB number represent the bank code. In the example given, the bank code is 03, which corresponds to Westpac Bank.

These digits identify the specific financial institution associated with the BSB number. The next three digits make up the state code.

In this case, the state code is 4-1-9, indicating that the branch is located in Queensland (QLD). This allows for easy identification of the geographical region associated with the BSB number.

The final digit, known as the branch code, provides further granularity by identifying the individual branch within the bank and state. In the given BSB number, the branch code is 0.

While the branch codes can vary within a specific bank and state, they generally serve to differentiate different branches or operational units within the same geographical area. By breaking down a BSB number such as 034-190, we can interpret the various elements.

The bank code of 03 tells us that the BSB number belongs to Westpac Bank. The state code of 4-1-9 indicates that the branch is located in Queensland.

The branch code of 0 further specifies the particular branch within the state. It is important to note that the specific format and significance of BSB numbers can vary between different banks and financial institutions.

However, the basic structure outlined above is commonly used throughout Australia’s banking system. Understanding the structure of BSB numbers is beneficial for both customers and financial institutions.

Customers can ensure they provide the correct BSB number for transactions and services, avoiding delays and errors in fund transfers and other banking operations. Financial institutions, on the other hand, can utilize the structure of BSB numbers to efficiently process transactions, identify branches, and route funds accurately.

In conclusion, BSB numbers are not only essential for identification and routing of funds within the banking system but also have a connection to the PEH system, enabling the accurate delivery of mail. Understanding the structure of BSB numbers, including the bank code, state code, and branch code, provides valuable insights into their interpretation and significance.

By utilizing BSB numbers correctly, both customers and financial institutions can ensure the smooth operation of banking transactions and services.

Popular Posts