Bank Code Verified

082-360, BSB Number for National Australia Bank, Randwick, NSW

BSB Number: 082-360

Bank: National Australia Bank

Financial Institution: NAB

Address: 111 Belmore Rd

City: Randwick

State: NSW

Postcode: 2031

System: PEHto BSB numbers

In the vast world of banking, there are many numbers and codes that hold significant importance. One such code is the BSB number.

But what exactly is a BSB number and why is it so important in the banking system? In this article, we will delve into the world of BSB numbers, exploring their role in identification and routing of funds, and uncovering their significance for both customers and financial institutions.

What are BSB numbers? BSB, which stands for Bank-State-Branch, is a unique six-digit numerical code assigned to each bank branch in Australia.

This code is widely used in the Australian banking system to identify the individual bank branches and facilitate the seamless transfer of funds. Think of it as the postal code for a bank branch, enabling precise identification and location of funds.

Importance of BSB numbers in the banking system

BSB numbers play a crucial role in the banking system. They are used for identification and routing of funds, ensuring that money is directed to the correct bank and branch.

Without a valid BSB number, funds can end up in the wrong branch or even the wrong bank, causing delays and inconvenience for both the sender and recipient.

Identification and routing of funds

When a customer initiates a financial transaction, such as transferring funds from their account to another, the BSB number is used to identify the recipient’s bank and branch. This is crucial, as it ensures that the funds are sent to the correct location.

The BSB number acts as a unique identifier for the bank branch, allowing the banking system to accurately route the funds. For example, let’s say John wants to transfer money from his account at the Commonwealth Bank to his friend Sarah’s account at the National Australia Bank branch in Randwick, NSW.

John would need to provide Sarah with the BSB number of the Randwick branch, which in this case is 082-360. This BSB number allows the banking system to identify the National Australia Bank and route the funds to the correct branch in Randwick.

Ease of transactions

BSB numbers also make financial transactions easier and more efficient. By providing the BSB number along with the account number, customers can ensure that their money reaches the intended recipient quickly and without any hiccups.

This eliminates the need for manual intervention and reduces the chances of errors or delays in processing transactions.

Increased security

Additionally, BSB numbers contribute to the security of banking transactions. Since each bank branch has a unique BSB number, it becomes easier to detect and prevent fraudulent activity.

Banks can verify the legitimacy of transactions by cross-referencing the BSB numbers, ensuring that funds are only transferred to valid bank branches.


In conclusion, BSB numbers are a vital component of the Australian banking system. They not only serve as a means of identification and routing of funds but also contribute to the security and efficiency of financial transactions.

Whether you are transferring money to a friend or setting up automatic payments, understanding the importance of BSB numbers will enable you to confidently navigate the banking landscape. So the next time you initiate a financial transaction in Australia, remember the power of the BSB number in ensuring that your money ends up exactly where it should.

PEH System and its connection to BSB Numbers

While discussing BSB numbers, it is important to delve into the PEH system and understand how it relates to the BSB number provided. The PEH system, or Payments, Efficiency, and Housekeeping system, is an electronic clearing system utilized by the National Australia Bank (NAB) to process and handle financial transactions efficiently.

This system plays a crucial role in the identification and routing of funds, working in conjunction with BSB numbers. The PEH system acts as a central hub for processing various transactions, including direct deposits, electronic funds transfers, and salary payments.

It ensures seamless communication between different financial institutions, allowing them to exchange information related to transactions and funds. When it comes to BSB numbers, the PEH system uses them as a key identifier for routing funds accurately.

The BSB number provided, 082-360, is directly linked to the PEH system. The first two digits, “08,” indicate that the bank branch is part of the National Australia Bank.

The remaining four digits, “2360,” provide specific information about the branch at 111 Belmore Rd in Randwick, NSW.

Understanding the Structure of BSB Numbers

To effectively comprehend the significance of different digits within a BSB number, it’s essential to understand its format and structure. A typical BSB number consists of six digits, divided into three sets.

The first two digits represent the bank code, the next two digits indicate the state or territory code, and the final two digits identify the specific branch. In the given BSB number, 082-360, let’s break it down and interpret each part:


Bank Code (08): The first two digits identify the bank. In this case, “08” represents the National Australia Bank.

Each bank in Australia is assigned a unique bank code, making it easier to recognize and route funds to the correct institution. 2.

State/Territory Code (23): The next two digits specify the state or territory in which the bank branch is located. In this example, “23” corresponds to New South Wales (NSW).

This code signifies that the branch is situated within the boundaries of NSW, helping in the efficient routing of funds within the state. 3.

Branch Code (60): Finally, the last two digits are the branch code. They indicate the specific branch within the bank and state.

For the BSB number 082-360, “60” represents the branch at 111 Belmore Rd in Randwick, NSW. This code distinguishes this particular branch from others within the same bank and state, making it easier for the PEH system to direct funds accurately.

Interpreting the BSB number 082-360

With the understanding of the structure and significance of BSB numbers, we can now interpret the provided BSB number, 082-360. This specific BSB number corresponds to the National Australia Bank branch located at 111 Belmore Rd in Randwick, NSW.

By breaking down the number, we can gather valuable information about the bank, state, and branch associated with it. The bank code “08” tells us that this branch belongs to the National Australia Bank.

The state code “23” indicates that the branch is in New South Wales. Lastly, the branch code “60” signifies the unique location of the branch at 111 Belmore Rd in Randwick.

This breakdown allows for efficient identification and routing of funds, ensuring that transactions are processed accurately within the PEH system.


In conclusion, the PEH system and the BSB number 082-360 are intricately connected. The PEH system, or Payments, Efficiency, and Housekeeping system, serves as a central hub for processing financial transactions, working together with BSB numbers.

By understanding the structure and interpretation of BSB numbers, customers and financial institutions can navigate the banking system more efficiently and ensure that funds are routed to the correct bank branch. The BSB number 082-360, representing the National Australia Bank branch at 111 Belmore Rd in Randwick, NSW, highlights the importance of BSB numbers in identifying and routing funds accurately within the PEH system.

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