Bank Code Verified

034-826, BSB Number for Westpac Bank, Brisbane, QLD

BSB Number: 034-826

Bank: Westpac Bank

Financial Institution: WBC

Address: (NBFI Agency to 034-002)

City: Brisbane

State: QLD

Postcode: 4000

System: PE_x000D_to BSB numbers: The Backbone of the Banking System

When it comes to the world of banking, BSB numbers are a crucial element that keeps the system running smoothly. Standing for Bank-State-Branch, BSB numbers play a vital role in identifying and routing funds.

In this article, we will take a closer look at what BSB numbers are, why they are important, and how they make transactions secure and efficient. What are BSB numbers?

BSB numbers are a unique six-digit code assigned to each bank and branch in Australia. They act as virtual address labels, indicating the specific bank and branch where a particular account is held.

A BSB number is like a fingerprint that distinguishes one financial institution from another. Designed to be easily identifiable, it allows for seamless transfer of funds from one account to another.

The importance of BSB numbers in the banking system

BSB numbers serve several essential functions in the banking system. Firstly, they provide a standardized method for identifying banks and branches.

When you make a payment or transfer funds, the BSB number ensures that the money reaches the intended destination. Without this system, there would be chaos and confusion, as the wrong bank or branch could inadvertently receive the funds.

Secondly, BSB numbers streamline the routing process. Once you input the correct BSB number, it acts as a guide for the banking system, directing your funds to the relevant bank and branch.

This electronic routing ensures a high level of accuracy, reducing the risk of errors during fund transfers. BSB numbers also contribute to the efficiency of the banking system.

By using this unique identifier, banks can process transactions quickly, minimizing delays and ensuring that funds are transferred promptly. This speed is particularly crucial in today’s fast-paced world, where time is of the essence.

How BSB numbers work for identification and routing of funds

Let’s dive deeper into how BSB numbers work to identify and route funds accurately. Each BSB number consists of three parts: the bank code, state code, and branch code.

The bank code refers to the specific financial institution, the state code signifies the state or territory where the bank is located, and the branch code identifies the individual branch within that state. For example, let’s consider the BSB number 034-826.

In this case, the bank code ‘034’ refers to Westpac Bank, one of Australia’s leading financial institutions. The state code ‘826’ indicates that this particular branch is located in Queensland (QLD).

With this information, combined with the customer’s account number, the transaction can be successfully routed to the correct bank and branch. When making a payment or transferring funds, you would simply input the recipient’s BSB number, followed by their account number.

By providing both these details accurately, you ensure that the funds are securely transferred to the intended recipient’s account.


BSB numbers are an essential component of the banking system, ensuring the smooth identification and routing of funds. By using these unique codes, the banking system can process transactions accurately and efficiently.

The next time you make a payment or transfer funds, remember the significance of BSB numbers and how they contribute to the seamless functioning of the banking system. PE System: A Secure Framework for Electronic Fund Transfers

In the digital age, electronic fund transfers have become increasingly popular and convenient.

To ensure the seamless and secure transfer of funds, the banking system relies on various systems and protocols. One such system is the PE system, which stands for Payment Environment.

This article will provide a comprehensive overview of the PE system, how it relates to the BSB number provided, and its importance in electronic transactions. What is the PE system?

The PE system is a framework that facilitates electronic funds transfers between financial institutions. It encompasses a set of protocols, procedures, and security measures that ensure the confidentiality, integrity, and availability of transactional data.

The system operates in a highly secure network environment, enabling financial institutions to exchange funds securely and efficiently.

The relationship between the PE system and BSB numbers

BSB numbers play a crucial role within the PE system. When initiating an electronic funds transfer, the BSB number serves as a unique identifier for the recipient’s bank and branch.

This, in turn, allows the PE system to route the funds accurately to the intended destination. Let’s revisit the BSB number provided (034-826) to understand its relationship with the PE system.

The first three digits of the BSB number (034) represent the bank code, indicating that the recipient’s bank is Westpac Bank. With this information, the PE system can identify the specific financial institution involved in the transaction.

The remaining three digits (826) represent the state code and branch code respectively. In this case, the state code ‘826’ refers to Queensland (QLD), while the branch code identifies the particular Westpac Bank branch in Brisbane.

The inclusion of these codes within the BSB number helps the PE system route the funds accurately to the recipient’s branch.

Understanding the structure and significance of BSB numbers

BSB numbers follow a specific format and structure, with each digit serving a particular purpose. The format consists of three parts: the bank code, state code, and branch code.

Each digit within the BSB number contributes to the overall identification and routing process. The first digit within the BSB number generally represents the century in which the Associated Building Society started.

The second and third digits denote the banking group and the specific bank within that group. In the given BSB number (034-826), ‘0’ as the first digit signifies that Westpac Bank established before the 20th century or is not applicable.

The fourth and fifth digits, forming the state code, represent the state or territory where the recipient’s branch is located. In this case, ‘8’ stands for Queensland (QLD).

This code ensures that funds are directed to the correct state within the PE system. The final digit in the BSB number, the branch code, identifies the specific branch within the state.

For example, ’26’ signifies that the branch is located in Brisbane. This code ensures that the funds are accurately routed to the intended branch of the recipient’s bank.

In summary, the BSB number structure allows for seamless identification and routing within the PE system. By breaking down the number and interpreting its individual digits, one can understand the bank, state, and branch involved in an electronic funds transfer.

The precise nature of BSB numbers ensures that transactions are carried out efficiently and securely.

Importance of the PE system in electronic transactions

The PE system is of paramount importance in electronic transactions for several reasons. Firstly, it provides a secure and reliable method for transferring funds between financial institutions.

The system employs encryption and authentication mechanisms to protect sensitive data, ensuring that transactions are conducted with utmost confidentiality. Secondly, the PE system enables efficient and prompt fund transfers.

By employing standardized protocols and procedures, the system streamlines the process and minimizes delays. This efficiency is crucial in today’s fast-paced environment, where businesses and individuals rely on quick and accurate financial transactions for their day-to-day operations.

Furthermore, the PE system ensures the accuracy of funds transfers. By utilizing BSB numbers and other identifiers, the system minimizes the risk of errors and ensures that funds reach the intended recipients.

This accuracy not only saves time and resources but also enhances the trust and confidence in electronic transactions.


The PE system plays a crucial role in electronic fund transfers, ensuring the safe, accurate, and efficient transmission of funds between financial institutions. By relying on BSB numbers as unique identifiers, the PE system can route funds accurately to the intended bank and branch.

Understanding the relationship between the PE system and BSB numbers is essential for individuals and businesses to engage in secure and successful electronic transactions.

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