Bank Code Verified

086-095, BSB Number for National Australia Bank, Perth, WA

BSB Number: 086-095

Bank: National Australia Bank

Financial Institution: NAB

Address: Level 4 81 St Georges Terrace

City: Perth

State: WA

Postcode: 6000

System: PEHto BSB numbers: The Key to Banking Efficiency

Imagine a world where banking transactions were confusing and disorganized, where your hard-earned money could end up in the wrong account, and where hours were spent just trying to figure out how to transfer funds. Thankfully, we don’t have to live in that world.

Thanks to BSB numbers, the Australian banking system runs smoothly and efficiently. In this article, we will unravel the mystery of BSB numbers, their importance in the banking system, and how they are used for identification and routing of funds.

Topic 1:to BSB numbers

BSB numbers, short for Bank-State-Branch numbers, are a six-digit code used by financial institutions in Australia for identification and routing of funds. Each unique BSB number corresponds to a specific bank and branch, ensuring that funds find their way to the intended destination.

Importance in the banking system

BSB numbers play a pivotal role in the banking system, providing essential information for the accurate and secure transfer of funds. Here are three key reasons why BSB numbers are important:


Identification: BSB numbers identify both the bank and the branch where an account is held. This information is vital for accurate routing of funds, preventing errors and ensuring that money reaches its intended recipient.

2. Routing of funds: BSB numbers act as a compass, guiding funds to the correct bank and branch.

When you initiate a transfer, your BSB number is used to direct the funds to the specific financial institution associated with that number. Without BSB numbers, transfers would be a chaotic mess, with funds potentially ending up in the wrong accounts.

3. Efficiency: BSB numbers streamline the banking process, enabling quick and accurate transfers.

By using BSB numbers, banks can automate the routing of funds, reducing manual intervention and eliminating errors. This efficiency saves time for both customers and financial institutions.

How BSB numbers are used for identification and routing

Now that we understand the importance of BSB numbers, let’s dive into how they are used for identification and routing of funds:

1. Identification: When setting up a new bank account, you are assigned a unique BSB number.

This number identifies the bank and branch where your account is held. When receiving funds, you provide your BSB number to the sender, allowing them to accurately identify your bank and branch.

2. Routing: When initiating a funds transfer, you need to provide both the recipient’s BSB number and their account number.

The BSB number is used to route the funds to the correct financial institution, while the account number ensures that the funds are deposited into the correct account within that institution. Without the correct BSB number, the funds may end up in the wrong bank, causing unnecessary delays and complications.

To summarize, BSB numbers are a vital tool for banks, ensuring the smooth and accurate transfer of funds. Without these numbers, the banking system would be in disarray, with funds bouncing around without any sense of direction or purpose.

Topic 2: National Australia Bank

National Australia Bank (NAB) is one of the largest financial institutions in Australia, providing a wide range of banking services to individuals and businesses. Let’s take a closer look at NAB and what sets it apart from other banks.

Overview of NAB

Established in 1982, NAB has grown to become one of Australia’s Big Four banks, along with Commonwealth Bank, Westpac, and ANZ. With a strong focus on customer service and innovation, NAB has built a reputation for providing comprehensive banking solutions and excellent customer experiences.

NAB’s branches can be found nationwide, serving customers in urban and rural areas alike. Whether you’re looking for a simple checking account or complex business financing, NAB has you covered.

Commitment to innovation

NAB is at the forefront of digital banking, continually investing in technological advancements to enhance customer experience. From online banking platforms to mobile apps, NAB provides convenient and secure ways to manage your finances anytime, anywhere.

NAB also embraces innovation through its partnerships with fintech companies. By collaborating with startups and technology experts, NAB stays ahead of the curve, offering cutting-edge solutions to its customers.

Community involvement

NAB takes its role as a responsible corporate citizen seriously, actively engaging in community initiatives. Through partnerships with various non-profit organizations, NAB supports causes that align with its values, including education, environment, and social inclusion.


In conclusion, BSB numbers are a crucial component of the Australian banking system. They provide identification and routing information, ensuring the accurate and secure transfer of funds.

National Australia Bank, one of the leading banks in the country, offers comprehensive banking solutions while prioritizing customer service and innovation. With its commitment to technological advancements and community involvement, NAB continues to shape the future of banking in Australia.

Topic 3: PEH System: The Link to Efficient Fund Transfers

In the world of banking and finance, efficiency and accuracy are paramount. That’s where the PEH system comes into play.

Short for Payment Electronic Hub, the PEH system is a technological infrastructure used by financial institutions in Australia to facilitate the smooth and secure transfer of funds. In this section, we will explore what the PEH system stands for, its relationship with BSB numbers, and how it contributes to the efficiency of the banking system.

What is the PEH system? The Payment Electronic Hub (PEH) system is a centralized electronic clearinghouse that acts as the backbone for electronic fund transfers within Australia.

It is maintained and operated by the Reserve Bank of Australia (RBA), ensuring that transactions are processed accurately and securely. The PEH system functions as a hub where financial institutions connect to send and receive funds electronically.

By leveraging the PEH system, banks can exchange payment instructions, authenticate transactions, and settle funds in a reliable and efficient manner. It provides a standardized platform that ensures consistency and reliability across the entire banking system.

Relationship with BSB numbers

Now, you may be wondering, how does the PEH system relate to BSB numbers? Well, BSB numbers serve as an integral part of the PEH system, providing critical information for the routing of funds.

When initiating a funds transfer, the sender provides their BSB number along with the recipient’s BSB number and account number. These details are used to identify the recipient’s financial institution and ensure that the funds are directed to the correct bank and branch within the PEH system.

Once the PEH system receives this information, it uses the BSB numbers to route the funds to the appropriate financial institution. By leveraging the PEH system’s infrastructure, transactions can be processed quickly and accurately, allowing for seamless fund transfers.

Efficiency of the banking system

The PEH system is a fundamental component of the Australian banking system’s efficiency. It streamlines the process of transferring funds by automating the exchange of payment instructions and settlement of funds.

By utilizing the PEH system, financial institutions can reduce manual intervention, minimize errors, and expedite the processing of transactions. This efficiency benefits both customers and banks, allowing for faster fund transfers, improved cash flow management, and enhanced customer satisfaction.

Moreover, the PEH system is designed to handle large volumes of transactions securely. It incorporates robust security measures, such as encryption and authentication protocols, to safeguard sensitive financial information and prevent unauthorized access.

Overall, the PEH system is a vital component of the Australian banking landscape. Its integration with BSB numbers ensures that transfers are accurate, secure, and efficient, contributing to the smooth functioning of the financial ecosystem.

Topic 4: Understanding BSB number structure: The Codebreaking Game

Now that we have established the importance of BSB numbers let’s take a closer look at their structure. BSB numbers consist of six digits that hold valuable information about the bank and branch they represent.

Understanding the structure of BSB numbers allows us to decode them and gain insights into the banking system’s inner workings. To illustrate this, let’s break down the BSB number provided: 086-095.

The first two digits

The first two digits of a BSB number represent the bank code. Each bank is assigned a unique bank code, allowing for easy identification.

In the case of our example, 086, the bank code corresponds to the National Australia Bank (NAB), as NAB has been assigned this specific code.

The third digit

The third digit in a BSB number is known as the state code. It indicates the state in which the bank branch is located.

For our example, a digit of 6 indicates that the bank branch is located in Western Australia (WA).

The last three digits

The last three digits of a BSB number are the branch code. The branch code provides specific information about the individual bank branch.

These numbers can help identify the precise location of the branch and differentiate it from other branches within the same bank and state. For the BSB number 086-095, the branch code is 095.

While the branch code itself doesn’t carry any standardized meaning across banks, it is typically assigned by the bank to identify a specific branch within their network. By understanding the structure of BSB numbers, we can gain valuable insights into the Australian banking system.

From the bank and state codes to the branch code, these numbers hold key information that ensures accurate fund transfers and efficient routing within the PEH system. In conclusion, the PEH system and BSB numbers go hand in hand, facilitating the efficient transfer of funds within the Australian banking system.

The PEH system acts as the technological infrastructure for electronic transfers, while BSB numbers provide the vital identification and routing details. By leveraging the PEH system’s capabilities and understanding the structure of BSB numbers, the Australian banking system is able to streamline transactions, ensure accuracy, and enhance the overall efficiency of fund transfers.

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