BSB details for 063-008

BSB?063-008
BranchRMIT University Information Centre
Transaction types?paper electronic highvalue
AddressUnion House Rm 016 445 Swanston St, Melbourne, VIC, 3000
BankCommonwealth Bank of Australia
Websitewww.commbank.com.au

What is a Bank State Branch (BSB)?

A Bank State Branch (BSB) is the six digit number used to uniquely identify a bank and branch in Australia. BSB numbers are allocated by the Australian Payments Clearing Association (APCA).

State Codes

Some banks structure their BSB numbers by State. For those banks, the State Code is the third digit of the BSB.

CodeState(s)
2Australian Capital Territory (ACT), New South Wales (NSW)
3Victoria (VIC)
4Queensland (QLD)
5South Australia (SA), Northern Territory (NT)
6Western Australia (WA)
7Tasmania (TAS)

Transaction types

BSB numbers are used in a number of payment systems in Australia.

Electronic

Electronic Fund Transfers (EFT) are the most common method of non-cash payment in Australia. Electronic transactions are processed under the Bulk Electronic Clearing System (BECS) drawn up by AusPayNet.

High value

High value transactions are generally made between financial institutions either for themselves or for their corporate customers including overseas banks. High value transactions are processed under the High Value Clearing System (HVCS) drawn up by AusPayNet.

Paper

Cheques are the least used form of non-cash payment in Australia, but the most by value. Paper transactions are processed under the Australian Paper Clearing System (APCS) drawn up by AusPayNet.