Bank Code Verified

083-106, BSB Number for National Australia Bank, Altona North, VIC

BSB Number: 083-106

Bank: National Australia Bank

Financial Institution: NAB

Address: 16 Borrack Square

City: Altona North

State: VIC

Postcode: 3025

System: PEHto BSB numbers

When it comes to banking, there are a lot of technical terms and numbers that can be overwhelming. One of these numbers is the BSB number.

But fear not, as this article will provide a straightforward and informative introduction to BSB numbers, explaining their importance in the banking system and how they are used for identification and routing of funds. What are BSB numbers?

BSB stands for Bank State Branch. It is a unique six-digit number that identifies both the financial institution and the branch of that institution.

Every bank in Australia has its own range of BSB numbers, and each branch within the bank has a specific BSB number. These numbers are used for domestic fund transfers and electronic transactions within Australia.

The importance of BSB numbers in the banking system

BSB numbers are important because they help facilitate the efficient and accurate routing of funds in the banking system. When you initiate a fund transfer or electronic transaction, the BSB number is used to identify the recipient’s bank and branch.

This ensures that the funds are credited to the correct account. BSB numbers also play a role in ensuring the security of transactions.

By using the BSB number, banks can verify the accuracy of the account details provided by the sender. This reduces the risk of funds being sent to the wrong account.

Identification and routing of funds using BSB numbers

Let’s say you want to transfer money to your friend’s account. To do this, you would need their BSB number, which is unique to their bank and branch.

By providing the BSB number, you are telling your bank the exact location where the funds should be sent. Once your bank receives the BSB number, it can electronically route the funds to the appropriate financial institution.

The BSB number is a vital piece of information that allows the banks to communicate with each other and ensure that the funds reach the right destination. The use of BSB numbers doesn’t stop at domestic transfers.

BSB numbers are also used for international money transfers, although they may be combined with other codes such as SWIFT or IBAN. By using BSB numbers, banks can ensure seamless transfers across borders.

In addition to fund transfers, BSB numbers are used for other electronic transactions as well, such as direct debits or direct credits. Whenever you set up an automatic payment or receive funds electronically, your BSB number is necessary for the transaction to be processed correctly.

In conclusion, BSB numbers are a crucial part of the banking system in Australia. They are used for identification and routing of funds, ensuring that the right accounts receive the right amount of money.

So the next time you see a BSB number, remember its importance in keeping the financial system running smoothly.

PEH System

At first glance, the term “PEH system” may seem unfamiliar and unrelated to the topic of BSB numbers. However, the PEH system is closely tied to BSB numbers and plays a crucial role in the identification and routing of funds.

PEH stands for Primary Electronic Home Branch, which refers to the primary branch of a financial institution where the account is held. When a BSB number is provided, the second and third digits of the number represent the PEH.

In the case of the BSB number 083-106, the PEH is 83. This means that the primary branch for this particular account is located at the National Australia Bank branch with the BSB number 083.

The PEH system is important because it helps financial institutions streamline their operations and improve the efficiency of fund transfers. By assigning a unique PEH to each account, banks can quickly identify the primary branch associated with that account.

This allows for faster processing of transactions and reduces the risk of errors.

Understanding BSB Number Structure

Now that we have discussed the significance of the PEH system in relation to BSB numbers, let’s delve into the structure of BSB numbers as a whole. BSB numbers consist of six digits, which are divided into three parts: the bank code, the state code, and the branch code.

Each part of the BSB number serves a specific purpose in identifying the financial institution and branch. The first two digits of the BSB number represent the bank code.

In the case of the BSB number 083-106, the bank code is 08, which corresponds to the National Australia Bank. The bank code is unique to each financial institution and helps differentiate banks from one another.

The next two digits represent the state code. In the given BSB number, 083-106, the state code is 3.

In this case, the state code 3 represents Victoria (VIC). The state code allows for further localization of the branch within a specific region.

The final two digits of the BSB number make up the branch code. In the example 083-106, the branch code is 106.

The branch code differentiates various branches within the same financial institution and state. It helps pinpoint the exact location of the branch associated with the account.

Decoding the BSB Number: 083-106

Now that we understand the structure and significance of different parts within a BSB number, we can break down and interpret the given BSB number: 083-106. The bank code, represented by the first two digits (08), identifies the financial institution as the National Australia Bank.

The state code, represented by the following two digits (3), indicates that the branch is located in Victoria (VIC). Lastly, the branch code, represented by the last two digits (106), specifies the exact branch within National Australia Bank that the account is associated with.

In summary, the BSB number 083-106 corresponds to National Australia Bank, with the primary branch located in Altona North, Victoria. This BSB number is a vital piece of information used to identify and route funds accurately within the banking system.


The PEH system, closely tied to BSB numbers, plays a crucial role in identifying the primary branch of a financial institution for a given account. Understanding the structure of BSB numbers is essential for decoding and interpreting the meaning behind each digit.

By breaking down the BSB number 083-106, we can conclude that it belongs to National Australia Bank, with the primary branch situated in Altona North, Victoria. The complexity and structure of BSB numbers may seem confusing at first, but once understood, they become an essential tool for efficient and accurate fund transfers in the banking system.

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