Bank Code Verified

112-931, BSB Number for St George Bank, Kogarah, NSW

BSB Number: 112-931

Bank: St George Bank

Financial Institution: STG

Address: 4-16 Montgomery Street

City: Kogarah

State: NSW

Postcode: 2217

System: PEH

Title: The Importance of BSB Numbers in the Banking SystemIn today’s modern banking system, the smooth and efficient transfer of funds is critical. Behind the scenes, a system of codes and identifiers ensures that each transaction reaches its intended recipient accurately and securely.

One of these vital components is the Bank State Branch (BSB) number. In this article, we will delve into the world of BSB numbers, exploring their significance, how they aid in the identification and routing of funds, and shed light on St George Bank, a prominent financial institution in Australia.

Topic 1:to BSB numbers

1.1 Definition and Composition:

BSB numbers are a six-digit code used in Australia to uniquely identify banks, financial institutions, and individual branches. The BSB number consists of two parts: the first two digits represent the bank or financial institution, while the remaining four digits identify a specific branch.

1.2 Importance in the Banking System:

BSB numbers play a critical role in ensuring the accuracy and efficiency of fund transfers. They serve as an address for each bank or branch, enabling the routing of funds with precision and reducing the risk of misdirection or delays.

Topic 2: How BSB numbers are used for identification and routing of funds

2.1 Identification:

BSB numbers act as a unique identifier for banks and branches, distinguishing them from one another. When initiating a fund transfer, the sender must provide the recipient’s BSB number to ensure the funds reach the intended destination.

By using this code, the banking system can accurately identify the recipient’s institution, verifying the account details and reducing the chances of errors. 2.2 Routing:

Once identified, BSB numbers are utilized for the routing of funds.

When a transfer is initiated, the banks use BSB numbers to determine the correct destination branch. This routing information ensures that the funds are delivered to the right branch associated with the recipient’s account.

Without BSB numbers, the transfer process could become chaotic and prone to mistakes, resulting in funds being sent to incorrect accounts or lost in transit. Topic 3: St George Bank

3.1 Overview of St George Bank:

St George Bank is a leading financial institution in Australia, providing banking services to individuals, businesses, and corporations.

Established in 1937, St George Bank has a long-standing reputation for its customer-focused approach and commitment to delivering innovative banking solutions. 3.2 St George Bank’s BSB Number:

St George Bank’s BSB number is 112-931.

This code uniquely identifies the bank and its various branches. With this BSB number, customers can securely transfer funds within and outside the bank, harnessing the accuracy and efficiency provided by the BSB system.

3.3 Address and Contact Information:

St George Bank’s head office is located at 4-16 Montgomery Street, Kogarah, NSW, 2217. For any inquiries or assistance, customers can reach St George Bank through their website or by visiting a nearby branch.


The world of banking operates on intricate systems and codes that ensure the smooth and secure transfer of funds. Among these components, the BSB number serves as a vital identifier, aiding in the accuracy and precision of fund transfers.

St George Bank, with its dedication to customer satisfaction and cutting-edge banking solutions, stands as a reliable institution within this system. By understanding the importance of BSB numbers and familiarizing ourselves with the specific codes associated with our banks, we can confidently navigate the world of financial transactions.

Title: Understanding the PEH System and the Structure of BSB NumbersIn the vast landscape of banking systems, the BSB number stands as a crucial identifier for efficient fund transfers. It plays a pivotal role in ensuring accurate routing and secure transactions.

Expanding on our previous discussion, this article will delve into the lesser-known PEH system and explore the intricate structure of BSB numbers, shedding light on how different digits within the number hold significance. Additionally, we will break down and interpret the BSB number provided earlier, enhancing our understanding of this fundamental banking code.

Topic 3: The PEH System and its Relationship to BSB Numbers

3.1 Understanding the PEH System:

The acronym PEH stands for Payment Efficiencies Harmonization, a system introduced by the Australian Payments Network (APN). Its primary goal is to streamline payment processes, improve efficiency, and reduce the risk of errors.

The PEH system focuses on enhancing the accuracy and speed of electronic fund transfers within Australia. 3.2 Relationship between PEH and BSB Numbers:

The PEH system is closely tied to the BSB numbers, as it relies on the accuracy of these codes to ensure successful fund transfers.

By incorporating the PEH system, banking institutions strive to minimize delays, efficiently route funds, and deliver a seamless customer experience. Topic 4: Understanding the Structure of BSB Numbers

4.1 Format and Composition:

BSB numbers consist of six digits, each holding a specific significance within the overall structure.

The first two digits represent the bank or financial institution, while the remaining four digits identify the individual branch. This structure allows for easy identification and routing of funds.

4.2 Significance of Different Digits:

4.2.1 Digit 1: The first digit carries the most weight as it provides information about the state in which the bank or branch operates. For example, BSB numbers starting with “1” typically represent institutions located in New South Wales (NSW), as is the case with the BSB number 112-931 provided earlier.

4.2.2 Digit 2: The second digit denotes the bank or financial institution within the specified state. Banks often have multiple branches, and each branch is assigned a unique two-digit number that helps distinguish it from others within the same institution.

4.2.3 Digits 3-6: The last four digits of the BSB number represent a specific branch within the institution. These digits are essential for accurate routing and identification purposes.

4.3 Breaking Down the Provided BSB Number: 112-931

4.3.1 Digit 1: The first digit, “1,” indicates that the associated bank or branch is located in New South Wales. 4.3.2 Digit 2: The second digit, “1,” signifies the specific financial institution within New South Wales.

In this case, the BSB number pertains to St George Bank. 4.3.3 Digits 3-6: The remaining digits, “2-931,” define the individual branch within the specified bank.

These unique identifiers assist in precisely routing funds to the desired branch, ensuring accurate and efficient transfers. 4.4 Importance of BSB Structure:

The structured nature of BSB numbers serves to eliminate confusion and streamline the transfer process.

By employing specific digits to represent various elements, the banking system can effectively identify the state, financial institution, and branch associated with a BSB number. This information enables accurate routing, reducing errors and ensuring funds reach their intended destinations without unnecessary delays.


The PEH system and the structure of BSB numbers intertwine to create a robust framework for secure and efficient fund transfers. As we have explored, the PEH system aims to enhance payment efficiencies within Australia, while BSB numbers act as unique identifiers that facilitate accurate routing and identification of banks and branches.

By understanding the significance of different digits within BSB numbers and interpreting the provided BSB code, such as 112-931, we can navigate the banking system with confidence, ensuring seamless transactions.

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