Bank Code Verified

082-618, BSB Number for National Australia Bank, Gosford, NSW

BSB Number: 082-618

Bank: National Australia Bank

Financial Institution: NAB

Address: Level 1 141 Mann St

City: Gosford

State: NSW

Postcode: 2250

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

In the world of banking and finance, BSB numbers play a vital role in ensuring smooth and efficient transactions. These unique numbers are assigned to financial institutions and are used for identification and routing of funds.

In this article, we will delve into the importance of BSB numbers in the banking system and explore how they are utilized for seamless monetary transfers. Topic 1: What are BSB numbers and why are they important?

BSB stands for Bank-State-Branch numbers, and they are essentially a set of six digits that serve as a key identifier for each financial institution within Australia. These numbers are crucial in order to accurately process and direct funds to the intended recipients.

BSB numbers are essential for various banking transactions such as electronic funds transfers, direct debits, and credit transfers. They ensure that funds are routed correctly to the appropriate bank and branch, eliminating any potential errors or delays in the process.

Without BSB numbers, transferring funds between different banks or branches would be practically impossible. Imagine making a payment or initiating a direct debit without having the specific BSB number of the recipient’s bank.

It would be akin to sending a letter without mentioning the destination address it simply wouldn’t reach the intended location. Topic 2: How are BSB numbers used for identification and routing?

BSB numbers not only identify the bank and branch, but they also facilitate efficient routing of funds. Let’s understand how this process works.


When you look at a BSB number, the first two digits indicate the bank itself. For instance, in BSB number 082-618, “082” represents the National Australia Bank (NAB).

These initial digits are specific to each financial institution and allow for easy identification. The subsequent four digits represent the individual branch.

In our example, “618” corresponds to NAB’s branch located at Level 1, 141 Mann St in Gosford, New South Wales. Routing:

Once the BSB number is recognized and the recipient’s bank and branch are identified, routing the funds becomes a seamless task.

These numbers are used to direct the transaction to the correct bank and branch, ensuring that the money reaches the intended recipient within the specified timeframe. This process is further aided by the Payment Entry Hub (PEH) system, which acts as a central hub for processing transactions.

PEH automatically recognizes the BSB number and directs the funds accordingly, allowing for speedy and accurate routing. In a nutshell, BSB numbers are instrumental in identifying the financial institution and branch, and facilitate smooth routing of funds, ensuring that transactions are executed accurately and efficiently.


BSB numbers are the backbone of the banking system in Australia. They are indispensable for smooth financial transactions, allowing funds to be accurately identified and routed to the intended recipients.

These six-digit numbers enable seamless transfers between banks and branches, eliminating any possible errors or delays. So, the next time you initiate a transaction, take a moment to appreciate the importance of BSB numbers and the crucial role they play in keeping our banking system functioning flawlessly.

Topic 3: PEH System: The Power Behind BSB Number Routing

The PEH system, also known as the Payment Entry Hub system, is a pivotal component of Australia’s banking infrastructure. It plays a crucial role in ensuring the accurate and efficient processing of financial transactions, particularly in relation to BSB numbers.

So, what exactly is the PEH system, and how does it relate to the BSB number provided? The PEH system is a centralized processing system that acts as the hub for transactional processing within the Australian banking system.

It serves as the intermediary between financial institutions, facilitating the seamless routing of funds based on BSB numbers. This system allows for the quick and efficient transfer of funds between different banks and branches.

When a transaction is initiated, the PEH system comes into action. It recognizes the BSB number provided and utilizes it to identify the recipient’s financial institution and branch.

By automating the routing process, the PEH system ensures that the funds are directed accurately and swiftly to the intended recipient. For example, in the BSB number 082-618, the PEH system would recognize the initial “082” as the BSB identifier for the National Australia Bank (NAB).

The system would then further process the transaction and route the funds to NAB’s branch located at Level 1, 141 Mann St in Gosford, NSW. The PEH system’s efficiency lies in its ability to handle a large volume of transactions while maintaining accuracy.

It eliminates manual processes and reduces the chances of human error in fund routing, ensuring that payments and transfers are executed seamlessly. This system, coupled with the BSB number, enables the banking system in Australia to thrive on efficiency and reliability.

Topic 4: Understanding BSB number structure

The structure of a BSB number follows a specific format, with each digit having its own significance. Let’s break down the structure of the given BSB number (082-618) to understand its interpretation:

First two digits: The initial two digits of the BSB number represent the bank itself.

In this case, “082” corresponds to the National Australia Bank (NAB). Each bank in Australia has its own unique two-digit identifier.

Next four digits: The subsequent four digits after the hyphen represent the specific branch of the bank. In our example, “618” corresponds to NAB’s branch located at Level 1, 141 Mann St in Gosford, NSW.

These four digits help to identify the particular branch within a financial institution. By understanding the structure of a BSB number, it becomes easier to decipher the information it contains.

The first two digits allow the bank to be identified, while the remaining four digits indicate the specific branch location. This breakdown is crucial for accurate identification and routing of funds to the intended recipient.

When initiating a transaction or providing banking details, it is essential to include the full BSB number. By doing so, you are ensuring that funds reach the specific branch you intend to transact with.

Miscommunication or incorrect BSB numbers can lead to misrouted funds, delays, or even failed transactions. In conclusion, the PEH system and the structure of BSB numbers are vital components in the banking system within Australia.

The PEH system acts as the central hub for processing transactions and relies on BSB numbers for accurate identification and routing of funds. Understanding the structure and significance of BSB numbers allows for seamless financial transactions, ensuring that funds reach the intended recipient swiftly and securely.

With these systems and practices in place, the Australian banking system continues to operate with efficiency and reliability, serving the needs of individuals and businesses alike.

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