Bank Code Verified

734-659, BSB Number for Westpac Bank, Toowoomba, QLD

BSB Number: 734-659

Bank: Westpac Bank

Financial Institution: WBC

Address: 431 Ruthven Street

City: Toowoomba

State: QLD

Postcode: 4350

System: PEHto BSB numbers:

When it comes to banking, there are plenty of numbers to remember and understand – account numbers, routing numbers, card numbers, and more. But one number that is essential to the banking system in Australia is the BSB number.

In this article, we will delve into what BSB numbers are, why they are important, and how they are used for identification and routing of funds. What are BSB numbers?

BSB stands for Bank, State, and Branch. In simpler terms, the BSB number is a unique identifier for each bank branch across Australia.

This six-digit number is assigned to each bank by the Australian Payments Clearing Association (APCA) and is vital for the efficient and accurate routing of funds. Importance of BSB numbers:

BSB numbers play a crucial role in the banking system as they enable the accurate identification and routing of funds.

With millions of transactions taking place daily, it is essential to have a system in place that ensures funds are sent to the correct destination. BSB numbers provide that level of accuracy and efficiency, benefiting both banks and customers.

Identification and routing of funds:

When you make a payment or transfer funds to another person or organization, you are required to provide the recipients BSB and account number. The BSB number serves as the first step in identifying the correct bank branch and ensures that funds are routed to the right place.

The BSB number consists of three parts: the first two digits represent the bank, the next two digits represent the state or territory, and the final two digits represent the specific branch. For example, in the BSB number 734-659, 734 represents Westpac Bank, 659 represents the Toowoomba branch in Queensland (QLD).

By providing the BSB number along with the account number, the bank can accurately direct funds to the intended recipient. The routing process involves the use of electronic systems that match the BSB number with the corresponding bank branch.

This ensures that funds are transferred securely and efficiently, reducing the risk of errors or delays. Benefits of BSB numbers:

BSB numbers offer several benefits in the banking system.

Firstly, they enable the quick identification of the recipient’s bank and branch, streamlining the transfer process. Secondly, they eliminate the possibility of funds being sent to the wrong bank or branch, reducing the risk of lost or misdirected payments.

Finally, BSB numbers allow for the automation of fund transfers, making the banking system more efficient and cost-effective. Key considerations:

When making a payment or transferring funds, it is essential to double-check the BSB number provided by the recipient.

Even a small error in entering the BSB number can result in funds being sent to the wrong account, causing inconvenience and potential financial loss. Taking a few extra seconds to verify the BSB number can save you from headaches down the line.


BSB numbers are a crucial component of the banking system in Australia. They serve as unique identifiers for each bank branch, ensuring accurate identification and routing of funds.

By providing the recipient’s BSB number, you can be confident that your funds will reach the right destination in a secure and efficient manner. So, the next time you make a payment or transfer funds, remember the importance of BSB numbers in keeping the banking system running smoothly.

Topic 3: PEH System

In addition to the BSB number provided, another important aspect of the Australian banking system is the PEH system. PEH stands for Payment Error Handling, and it is a crucial component in ensuring the accuracy and efficiency of fund transfers.

The PEH system is designed to identify and rectify any errors or discrepancies that may occur during the payment process. It acts as a safety net, catching any issues that may arise and preventing funds from being misdirected or lost.

So how does the PEH system relate to the BSB number provided? Well, when a payment is made using the BSB number, it goes through various stages of processing, including verification, validation, and integration with the PEH system.

The PEH system then scrutinizes the transaction details, checking for any discrepancies in the BSB number, account number, or other relevant information. If the PEH system detects an error, it triggers an alert and allows the bank to investigate and rectify the issue before the payment is finalized.

This ensures that funds are transferred accurately and securely, and any potential errors are addressed in a timely manner. The PEH system acts as a safeguard, preventing incorrect payments and reducing the risk of fraud or financial loss.

Topic 4: Understanding BSB number structure

To fully understand BSB numbers, it is important to delve into their format and structure. BSB numbers consist of six digits, divided into three parts.

Each part represents a specific attribute of the BSB number, providing valuable information about the bank branch it corresponds to. The first two digits of the BSB number represent the bank.

In the case of the provided BSB number, 734-659, the first two digits, 734, correspond to Westpac Bank. These digits tie the BSB number to the specific financial institution responsible for the branch.

The next two digits represent the state or territory. In this example, the digits 65 represent Queensland (QLD), which indicates that the bank branch is located in the state of Queensland.

This part of the BSB number helps narrow down the geographic location of the branch. Finally, the last two digits represent the specific branch within the state.

The digits 9 and 9 in the BSB number 734-659 indicate that the branch is the Toowoomba branch. These digits differentiate between various branches of the same bank within a specific state.

By breaking down the BSB number using its structure, we can interpret valuable information about the bank and branch it corresponds to. This allows for accurate identification and routing of funds, ensuring that money reaches the intended recipient securely and efficiently.

It is worth noting that BSB numbers are unique to each bank branch, serving as a distinct identifier. This uniqueness enables the banking system to process transactions accurately and effectively, without confusion or misdirection.

In summary, the BSB number structure is as follows: the first two digits represent the bank, the next two digits represent the state or territory, and the final two digits represent the specific branch. Understanding the significance of these digits allows for the interpretation and accurate routing of funds associated with the BSB number provided.

By combining the knowledge of BSB numbers, the PEH system, and the importance of accurate routing, individuals and businesses can confidently engage in financial transactions, knowing that their funds will reach the intended destination efficiently and securely. With the BSB number serving as the foundation for accurate fund transfers, and the PEH system acting as a safety net, the Australian banking system continues to provide convenient and reliable services to its customers.

So, the next time you use a BSB number to make a payment, remember the significance of these numbers and the systems in place to ensure their accuracy.

Popular Posts