Bank Code Verified

736-643, BSB Number for Westpac Bank, Merredin, WA

BSB Number: 736-643

Bank: Westpac Bank

Financial Institution: WBC

Address: 1 Bates Street

City: Merredin

State: WA

Postcode: 6415

System: PEHto BSB Numbers: The Importance of

Identification and Routing in the Banking System

In the vast world of banking, there are several important elements that keep the system running smoothly. One of these crucial elements is the BSB number, which stands for Bank State Branch number.

This unique identifier plays a vital role in the identification and routing of funds within the Australian banking system. In this article, we will delve into the world of BSB numbers, exploring their importance and how they are utilized in the banking system.

Topic 1: Understanding BSB Numbers

BSB numbers serve as a key component in the Australian banking system, allowing for the smooth and efficient transfer of funds between different financial institutions. Each BSB number is composed of six digits, with the first two digits representing the bank, the next two digits signifying the state or territory, and the final two digits designating the specific branch.

Identification and Routing

One of the primary purposes of BSB numbers is to aid in the accurate identification and routing of funds. When making a transfer, these numbers are used to specify the destination bank and branch.

By entering the correct BSB number, the funds can be directed to the intended recipient within the banking system. This ensures that the transfer is completed accurately and efficiently, reducing the chances of errors or misrouting.

Account Identification

BSB numbers also play a vital role in identifying and verifying bank accounts. Financial institutions use the BSB number in combination with an individual’s account number to uniquely identify each account within their system.

This verification process helps prevent unauthorized access to accounts and ensures that funds are deposited into the correct account. Topic 2: Westpac Bank

Now that we have explored the world of BSB numbers, let’s focus on one specific financial institution, Westpac Bank.

Established in 1817, Westpac Bank is one of the oldest and largest banks in Australia. With its headquarters in Sydney, the bank has a strong presence across the country, providing a wide range of financial services to individuals and businesses.

Westpac’s Commitment to Excellence

A notable feature of Westpac Bank is its dedication to excellence in customer service. The bank places a strong emphasis on building strong relationships with its customers and providing personalized solutions to meet their financial needs.

By focusing on long-term partnerships and understanding their customers’ unique goals and circumstances, Westpac has built a reputation as a trusted banking institution.

Innovation and Technological Advancements

Throughout its long history, Westpac Bank has continually embraced technological advancements to enhance banking services for its customers. The bank has invested heavily in digital platforms and mobile banking solutions, making banking transactions more convenient and accessible for customers.

Through their user-friendly online and mobile platforms, customers can easily manage their accounts, make transfers, and access a wide range of banking services from the comfort of their own homes.

Commitment to the Community

Westpac Bank is also renowned for its active involvement in supporting local communities and initiatives. The bank’s corporate social responsibility programs focus on education, environmental sustainability, and community development.

By partnering with various organizations and charities, Westpac strives to make a positive impact on society beyond the realm of banking.


In conclusion, BSB numbers are an essential aspect of the Australian banking system. They aid in the identification and routing of funds, ensuring accurate and efficient transfers.

Westpac Bank, one of Australia’s leading financial institutions, exemplifies a commitment to excellence, innovation, and community involvement. By understanding the significance of BSB numbers and the services provided by banks like Westpac, individuals and businesses can navigate the complex financial landscape with ease and confidence.

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

In the realm of Australian banking, there is a system that works in tandem with BSB numbers to ensure smooth and precise fund transfers. This system is known as the Payment Entry Hierarchy (PEH) system.

In this section, we will explore what the PEH system stands for and how it relates to the BSB number provided earlier.

The Payment Entry Hierarchy (PEH) System

The PEH system is a hierarchal structure used by financial institutions in Australia to manage and route electronic funds transfers. It functions as a systematic framework that allows for efficient processing of transactions between different banks and branches.

The PEH system ensures that funds are accurately and swiftly directed to their intended recipients.

Relationship with BSB Numbers

BSB numbers play a vital role within the PEH system as they are used to identify and route funds to specific banks and branches. Each financial institution participating in the PEH system is assigned a unique BSB number to facilitate the seamless transfer of funds.

When a customer initiates an electronic funds transfer, the BSB number plays a crucial role in ensuring the funds reach the correct destination within the PEH hierarchy. To elaborate on this process, let’s break down the BSB number provided earlier: 736-643.

The Structure of BSB Numbers

The BSB number is made up of six digits, divided into two parts. The first two digits represent the bank, the following two digits indicate the state or territory, and the final two digits designate the specific branch.

Breaking Down the BSB Number: 736-643

In the given BSB number, 736-643, we can break down the digits to interpret its meaning within the Australian banking system:

The first two digits, 73, correspond to the bank. In this case, 73 represents Westpac Bank, which has been assigned this unique identifier within the PEH system.

Next, the following two digits, 6 and 4, signify the state or territory. In this instance, 6 represents Western Australia (WA), ensuring that the funds are directed to the correct geographical region.

Lastly, the final two digits, 3 and 9, represent the branch. In this case, the branch is specific to Merredin, a city located in Western Australia.

By understanding the breakdown of the BSB number, it becomes clear how the PEH system utilizes this unique identifier to accurately route funds to the intended bank, state, and branch. In conclusion, the PEH system works harmoniously with BSB numbers to ensure the proper routing of funds within the Australian banking system.

BSB numbers serve as unique identifiers for financial institutions and their branches, allowing for accurate identification within the PEH hierarchy. By comprehending the structure and significance of the digits within BSB numbers, individuals and businesses can confidently initiate electronic funds transfers, ensuring prompt and precise delivery.

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