Bank Code Verified

084-987, BSB Number for National Australia Bank, Toowoomba, QLD

BSB Number: 084-987

Bank: National Australia Bank

Financial Institution: NAB

Address: Shop 21 & 22 407 Bridge St

City: Toowoomba

State: QLD

Postcode: 4350

System: PEHto BSB numbers

In the vast world of banking and financial transactions, every detail counts. One such detail is the BSB number, a unique identification code that plays a vital role in the smooth functioning of the banking system.

BSB stands for Bank State Branch, and these numbers are used by banks to identify specific branches and facilitate the routing of funds. In this article, we will delve into the importance of BSB numbers, how they are used for identification and routing of funds, and explore the specific BSB number of National Australia Bank.

Importance of BSB numbers in the banking system

The banking system relies heavily on efficiency and accuracy, and BSB numbers are a crucial element in achieving this. With thousands of bank branches operating nationwide, the need for a system that can identify and route funds accurately becomes essential.

BSB numbers are specifically designed to meet this need.

Identification and routing of funds using BSB numbers

BSB numbers act as unique identifiers for individual bank branches. They are composed of six digits, with the first two indicating the bank, the third digit representing the state, and the last three digits denoting the specific branch.

This hierarchical structure makes it easy for banks to recognize and route funds to the correct branch, saving time and effort. When making a transaction, whether it’s a funds transfer or setting up a direct debit, you’ll be asked to provide your BSB number along with your account number.

The BSB number serves as the key for the bank to determine which branch your account belongs to. This ensures that your funds are directed to the rightful destination without any confusion or delay.

Furthermore, BSB numbers also aid in the identification and verification of bank account details during the account setup process. When you provide your BSB number, the bank can cross-reference it with their database to confirm the accuracy of the account information you have provided.

National Australia Bank (NAB) and its BSB number

In the vast landscape of banking in Australia, National Australia Bank (NAB) stands as one of the prominent financial institutions. With its widespread presence across the country, NAB has a comprehensive network of branches, each with its unique BSB number.

One such branch is located at Shop 21 & 22, 407 Bridge St, Toowoomba, QLD, with the BSB number 084-987. This BSB number not only identifies the branch but also assists in routing funds to and from this specific location.

Located in the heart of Toowoomba, this NAB branch serves the local community with a wide range of banking services, including personal banking, business banking, and wealth management solutions. Whether you’re a resident of Toowoomba or just passing through, this branch offers excellent customer service and expertise to cater to your banking needs.


In conclusion, BSB numbers are an integral part of the banking system, serving as unique identifiers for bank branches and enabling accurate routing of funds. Whether you’re making a transaction or setting up a new account, the inclusion of your BSB number ensures the smooth flow of funds and eliminates any potential confusion.

National Australia Bank, with its vast network of branches, exemplifies the significance of BSB numbers, with each branch having its unique identifier. So, the next time you engage in a banking transaction, remember the importance of the humble BSB number, working diligently behind the scenes to make your financial journey seamless.

PEH System and its relationship to the provided BSB number. Within the world of banking, there are numerous systems and processes in place to ensure seamless financial transactions.

One such system is the PEH system, which stands for Primary Electronic Hydro. The PEH system is a technology infrastructure utilized by Australian banks to facilitate the secure and efficient transfer of funds between different financial institutions.

This system is closely tied to BSB numbers, including the BSB number 084-987 assigned to the National Australia Bank (NAB) branch located at Shop 21 & 22, 407 Bridge St, Toowoomba, QLD. The PEH system is an integral part of the overall financial infrastructure within Australia.

It connects various banks and financial institutions, enabling them to communicate and route funds to one another. This system plays a significant role in interbank transactions, where money is transferred between different banks and accounts.

It provides a secure and reliable means of transferring funds accurately and efficiently. To better understand the relationship between the PEH system and BSB numbers, it’s essential to emphasize that BSB numbers serve as unique identifiers for individual bank branches.

These numbers are utilized within the PEH system to route funds to the correct destination. When initiating a transaction, the sender’s bank will use the BSB number provided by the recipient to accurately locate the recipient’s branch within the PEH system.

This ensures that the funds are routed to the correct bank and branch, avoiding any potential errors. The PEH system and the BSB number work hand in hand to facilitate the transfer of funds.

From the perspective of the financial institution initiating the transfer, the BSB number is an essential piece of information required to identify the recipient’s bank and branch within the PEH system. Conversely, when receiving funds, the recipient’s bank utilizes the BSB number to determine which branch the funds should be directed to, ensuring accurate routing.

Understanding BSB number structure

Now let’s explore the format and structure of BSB numbers in more detail. BSB numbers are six-digit codes that follow a specific pattern.

Breaking down the structure, the first two digits represent the bank, the third digit denotes the state or territory, and the final three digits indicate the specific branch within that state or territory. In the example of the National Australia Bank branch located at Shop 21 & 22, 407 Bridge St, Toowoomba, QLD, the BSB number 084-987 can be broken down as follows:

– The first two digits “08” represent the National Australia Bank.

– The third digit “4” signifies the state, in this case, Queensland (QLD). – The final three digits “987” indicate the specific branch within Queensland.

These individual digits play a significant role in accurately identifying the recipient’s bank and branch within the PEH system. The first two digits, representing the bank, allow for quick recognition and routing of funds to the correct financial institution.

The third digit, representing the state or territory, narrows down the search to a specific region within the bank’s operations. Finally, the last three digits pinpoint the exact branch where the funds need to be directed.

By comprehending the structure of BSB numbers and their significance, individuals and businesses can ensure that their funds are transferred seamlessly to the intended recipients. Whether initiating a payment or setting up direct debit instructions, correctly providing the BSB number is crucial for accurate routing and successful financial transactions.

In conclusion, the PEH system and BSB numbers are intricately connected within the banking system. The PEH system serves as the backbone for interbank transactions, facilitating the secure transfer of funds between financial institutions.

BSB numbers, on the other hand, act as unique identifiers for bank branches, enabling accurate routing within the PEH system. Understanding the structure of BSB numbers is vital for individuals and businesses to ensure smooth and error-free financial transactions.

By providing the correct BSB number, funds can be securely and efficiently directed to the desired recipient, ensuring the seamless flow of money within the banking system.

Popular Posts