Bank Code Verified

733-211, BSB Number for Westpac Bank, Waurn Ponds, VIC

BSB Number: 733-211

Bank: Westpac Bank

Financial Institution: WBC

Address: 199 Pioneer Road

City: Waurn Ponds

State: VIC

Postcode: 3216

System: PEHIn the world of banking, there are numbers that play a crucial role in identifying and routing funds. These numbers, known as BSB numbers, have significant importance in the banking system.

They serve as identifiers for financial institutions and play a vital role in ensuring that funds are directed accurately. In this article, we will delve into the world of BSB numbers, understanding what they are, why they are important, and how they are used for identification and routing of funds.

Topic 1:to BSB numbers

BSB numbers, also known as Bank/State/Branch numbers, are unique identifying numbers assigned to each branch of a financial institution in Australia. They consist of six digits and are used for various banking purposes.

BSB numbers are assigned by the Australian Payments Clearing Association (APCA), and each number corresponds to a specific bank branch. The importance of BSB numbers in the banking system cannot be overstated.

They serve as a critical tool for identification and routing of funds. When making a transaction, whether it is a deposit or a withdrawal, the BSB number of the recipient’s bank must be provided.

This ensures that the funds are directed to the correct branch and financial institution. BSB numbers also play a significant role in facilitating electronic funds transfers (EFT).

When initiating an EFT, the sender must provide not only the recipient’s account number but also their BSB number. This allows the banking system to route the funds accurately to the intended branch.

Without the BSB number, it would be impossible to verify and direct the funds correctly. Furthermore, BSB numbers are used for direct debits and credits, allowing businesses and individuals to set up automated payments.

By providing their BSB number, recipients can ensure that funds are automatically deducted or deposited into their accounts without the need for any manual intervention. In summary, BSB numbers are essential for the smooth functioning of the banking system.

They provide a unique identifier for each bank branch, ensuring that funds are routed accurately and securely. Topic 2: Westpac Bank

Westpac Bank, one of the largest banks in Australia, plays a significant role in the country’s financial landscape.

With a rich history dating back to 1817, Westpac has established itself as a trusted institution offering a wide range of financial services to individuals and businesses alike. Headquartered in Sydney, Westpac operates across the country through its extensive branch network.

With over 3,000 branches and 22,000 ATMs, the bank caters to the diverse banking needs of its customers. One of the distinct features of Westpac Bank is its commitment to innovation and digital banking.

Recognizing the evolving needs of customers in an increasingly digital world, Westpac has invested heavily in technology to provide convenient and secure banking services. Through its online and mobile banking platforms, customers can access their accounts, make transactions, and manage their finances at their convenience.

Apart from personal banking, Westpac also offers a wide range of services for businesses, including business loans, merchant services, and cash flow management solutions. The bank’s dedicated team of business banking specialists works closely with customers to understand their unique requirements and provide tailored solutions.

Westpac Bank is also committed to corporate social responsibility and community engagement. Through its Westpac Foundation, the bank supports various initiatives aimed at addressing social issues and providing opportunities for disadvantaged individuals and communities.


In this article, we have explored the significance of BSB numbers in the banking system, understanding how they are used for identification and routing of funds. We have also highlighted Westpac Bank, a prominent financial institution in Australia, emphasizing its commitment to innovation, customer service, and community engagement.

BSB numbers may seem like just a series of digits, but they are the backbone of secure and accurate fund transfers. Understanding their importance allows individuals and businesses to navigate the banking system efficiently and confidently.

As for Westpac Bank, its rich history, commitment to innovation, and dedication to corporate social responsibility make it a trusted partner for financial needs. Topic 3: PEH System

The PEH system is an integral part of the banking infrastructure in Australia.

PEH stands for Payment Event Handling, and it is a system used by financial institutions for processing and handling various types of payments. This system is closely related to BSB numbers, as it ensures that funds are routed accurately and efficiently.

The PEH system operates within the Australian Payments Network (APN), which is responsible for facilitating the clearing and settlement of payments between banks and financial institutions. It provides a secure and reliable platform for the exchange of payment information between participating entities.

When a payment is made, the PEH system uses the BSB number to identify the recipient’s bank branch. It then transfers the relevant payment information to the recipient’s financial institution, which processes and credits the funds to the recipient’s account.

The PEH system also plays a crucial role in detecting and preventing fraudulent activities. It includes robust security measures to ensure that payments are authenticated and authorized correctly.

This helps in safeguarding the integrity of the payment system and protecting customers’ funds. In summary, the PEH system is an essential component of the Australian banking infrastructure.

It works hand in hand with BSB numbers to process and handle payments accurately, securely, and efficiently. Topic 4: Understanding BSB Number Structure

BSB numbers consist of six digits and are structured in a specific format.

Each digit within the BSB number has a significance that helps in identifying the bank branch and routing funds accurately. The first two digits of the BSB number represent the bank code.

These digits identify the financial institution to which the branch belongs. For example, in the BSB number 733-211, the bank code is 73, indicating that the branch belongs to Westpac Bank.

The third digit of the BSB number is known as the state code. It signifies the state or territory in which the bank branch is located.

In the case of the BSB number 733-211, the state code is 3, indicating Victoria. The fourth digit of the BSB number is the branch code.

It helps in identifying the specific branch within the financial institution. In the BSB number 733-211, the branch code is 2, representing the Waurn Ponds branch of Westpac Bank.

The fifth and sixth digits of the BSB number are known as the suffix. These digits further specify the exact branch within the financial institution.

They help in differentiating between multiple branches located in the same area. In the BSB number 733-211, the suffix is 11, signifying a specific location or division within the Waurn Ponds branch.

By understanding the structure of a BSB number, it becomes possible to break down and interpret the information encoded within it. For instance, in the case of the BSB number 733-211, we can decipher that it belongs to Westpac Bank, is located in Victoria, specifically in Waurn Ponds, and is associated with a particular division or location within that branch.

This level of detail ensures that funds are directed accurately within the banking system. It also allows individuals and businesses to verify the authenticity of the BSB number provided by the recipient before initiating a transaction.

In conclusion, the structure of BSB numbers follows a specific format that enables the identification and routing of funds accurately. Each digit within the number holds significance for determining the financial institution, state, branch, and specific location.

Understanding this structure helps in interpreting and verifying BSB numbers, ensuring secure and efficient financial transactions.

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