Bank Code Verified

638-509, BSB Number for Heritage Bank, Toowoomba, QLD

BSB Number: 638-509

Bank: Heritage Bank

Financial Institution: HBS

Address: 400 Ruthven Street

City: Toowoomba

State: QLD

Postcode: 4350

System: PEHIn the world of banking, there are many important elements that keep things running smoothly. One such element is the BSB number.

Have you ever wondered what BSB numbers are and why they are important? In this article, we will explore the significance of BSB numbers in the banking system and how they are used for the identification and routing of funds.

So, let’s dive in and unravel the mystery behind BSB numbers!

Topic 1:to BSB numbers

What are BSB numbers? – BSB stands for Bank State Branch

– BSB numbers are unique numeric codes assigned to each bank branch in Australia

– They typically consist of six digits, with the first two representing the bank, the third digit representing the state, and the remaining three digits identifying the specific branch

Importance of BSB numbers in the banking system:



– BSB numbers serve as a form of identification for each bank branch

– They help in accurately identifying the bank and branch associated with a particular account

– This is crucial for ensuring that funds are routed correctly and reach the intended recipient

2. Routing of funds:

– BSB numbers play a vital role in the efficient transfer of funds between different banks and branches

– When a customer initiates a transaction, the BSB number helps in determining the destination of the funds

– It ensures that the money is routed to the correct recipient’s account, regardless of the bank or branch they are associated with


Interbank communication:

– BSB numbers enable effective communication between different banks and financial institutions

– When banks need to communicate regarding transactions or resolve any issues, BSB numbers are used as a common reference point

– This helps in streamlining the communication process and ensures accurate information exchange

Topic 2: Heritage Bankto Heritage Bank:

– Heritage Bank is a renowned financial institution operating in Australia

– It is a customer-owned bank, meaning it is owned by its customers rather than external shareholders

– Heritage Bank is committed to providing personalized banking services and putting customers’ interests first

Services provided by Heritage Bank:

1. Personal banking:

– Heritage Bank offers a wide range of personal banking products and services to meet individual financial needs

– These include savings accounts, home loans, personal loans, credit cards, and investment options

– The bank strives to provide competitive interest rates and innovative banking solutions in line with changing customer requirements


Business banking:

– Heritage Bank recognizes the unique needs of businesses and offers tailored solutions to support their growth and success

– It provides flexible business loans, transactional accounts, merchant services, and cash management solutions

– The bank’s dedicated team of business banking specialists ensures personalized service and expert advice for businesses of all sizes

3. Insurance and wealth management:

– Heritage Bank offers insurance products and wealth management services to help customers protect and grow their assets

– These include home and contents insurance, car insurance, travel insurance, and financial planning services

– The bank’s experienced financial planners provide strategic advice based on individual goals and risk appetite


Online and mobile banking:

– Heritage Bank understands the importance of convenient and accessible banking services

– It offers user-friendly online and mobile banking platforms, allowing customers to manage their accounts, transfer funds, and pay bills anytime, anywhere

– The bank also provides secure digital payment options, ensuring hassle-free and secure transactions for its customers


In conclusion, BSB numbers play a crucial role in the banking system, serving as unique identifiers and facilitating the smooth transfer of funds. They provide banks with a standardized method of routing transactions and ensure accurate communication between financial institutions.

Heritage Bank, as a customer-owned bank, offers a wide range of personalized banking services, catering to both personal and business needs. With its commitment to customer satisfaction and innovative banking solutions, Heritage Bank continues to be a trusted and reliable financial institution in Australia.

Topic 3: PEH SystemAs we continue our exploration of the world of BSB numbers, it’s time to uncover another important aspect: the PEH system. You might be wondering what the PEH system stands for and how it relates to the BSB number provided earlier.

In this section, we will delve into the details of the PEH system and its significance in the context of BSB numbers. So, let’s unravel the mystery behind the PEH system!

What is the PEH system?

– PEH stands for Preferred Electronic Habitat

– The PEH system is an internal code used by some financial institutions, including Heritage Bank, to identify their electronic banking systems

– It helps in directing electronic transactions to the appropriate systems within the bank for further processing

Significance of the PEH system in relation to the BSB number provided:

– The PEH system is an additional identifier used by Heritage Bank in conjunction with the BSB number provided (638-509)

– While the BSB number identifies the bank branch, the PEH system further identifies the specific electronic banking system within that branch

– It ensures accurate routing and processing of electronic transactions within the bank

Topic 4: Understanding BSB number structureNow that we are familiar with the significance of BSB numbers and the PEH system, let’s take a closer look at the structure of BSB numbers. It’s important to understand the format and significance of different digits within the number to fully interpret and utilize BSB numbers effectively.

In this section, we will explore the various aspects of the BSB number structure, including the meaning behind each digit and how the BSB number provided (638-509) can be broken down and interpreted. So, let’s dive in!

Format and structure of BSB numbers:

– BSB numbers consist of six digits, typically presented in the format of three pairs with a hyphen separating them (e.g., 123-456)

– The first two digits represent the bank, the third digit represents the state, and the remaining three digits identify the specific bank branch within the state

Significance of different digits within the BSB number:


First two digits:

– The first two digits of the BSB number represent the bank associated with the specific branch

– In the case of the BSB number provided (638-509), these first two digits (63) indicate that the bank associated with this branch is Heritage Bank

2. Third digit:

– The third digit of the BSB number represents the state where the branch is located

– For the BSB number given (638-509), the third digit (8) corresponds to the state of Queensland (QLD)


Remaining three digits:

– The remaining three digits within the BSB number identify the specific bank branch within the state

– In this case, the three digits (509) uniquely identify the Heritage Bank branch located at 400 Ruthven Street in Toowoomba, QLD

Interpreting the BSB number (638-509):

– The BSB number 638-509, associated with Heritage Bank’s branch in Toowoomba, QLD, tells us several key pieces of information

– The first two digits (63) signify that this branch is part of Heritage Bank

– The third digit (8) indicates that the branch is located in Queensland (QLD)

– The remaining three digits (509) identify the specific hub of the bank’s electronic banking system within that branch, utilizing the PEH system for accurate routing of electronic transactions


As we wrap up our discussion on BSB numbers in conjunction with the PEH system and the structure of BSB numbers, we have gained a deeper understanding of these essential components of the banking system. BSB numbers help identify bank branches and facilitate the routing of funds, ensuring accurate transactions within the banking system.

The PEH system further enhances this process by directing electronic transactions to the appropriate systems within the bank. By understanding the format and significance of different digits within the BSB number, we can interpret and utilize these numbers effectively.

With this knowledge, we are now better equipped to navigate the world of banking and ensure seamless transactions with confidence.

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