Qb: PAYMENT BY DIRECT CREDIT FROM A FINANCIAL INSTITUTION 
The fields required for an electronic Direct credit are:
 

    
 
       
        
1 

      		
       
        
Financial Institution Type (1 digits): 

      		
  
          
        
         


    
 
       
        
2 

      		
       
        
Financial Institution Code (2 digits): 

      		
  
          
        
         



    
 
       
        
3 

      		
       
        
State code (1 digit): 

      		
  
          
        
         


    
 
       
        
4 

      		
       
        
Institution Branch Number (3 digits): 

      		
  
          
        
         


    
 
       
        
5 

      		
       
        
Account Number (9 digits including -): 

      		
  
          
        
         
         



 
 
        
6 

      		
       
        
Amount (6 and 2 decimals): 

      		
         
        
         
        
    


 
 
        
7 

      		
       
        
Reference number (12): 

      		
        
          
        
         
        
    


 
 
        
8 

      		
       
        
Reason for payment (25): 

      		
        
          
        
         
        
    




  

    
 
       
        
English Field Title

      		
       
        
Field Code

      		
       
        
Req'd

      		
       
        
Length

      		
       
        
Field Type

      		
    


 
       
        
Institution Type

      		
       
        
QAA

      		
       
        
Y

      		
       
        
1

      		
       
        
L/U Table

      		
    

    
 
       
        
Institution Code

      		
       
        
QAB

      		
       
        
Y

      		
       
        
2

      		
       
        
L/U Table

      		
    

    
 
       
        
State Code

      		
       
        
QAC

      		
       
        
Y

      		
       
        
2

      		
       
        
L/U Table

      		
    

    
 
       
        
Branch Number

      		
       
        
QAD

      		
       
        
Y

      		
       
        
3

      		
       
        
L/U Table

      		
    


 
       
        
Account Number

      		
       
        
QAE

      		
       
        
Y

      		
       
        
9

      		
       
        
Numeric

      		
    
 
       
        
Amount

      		
       
        
QAF

      		
       
        
Y

      		
       
        
9

      		
       
        
Currency

      		
    

    
 
       
        
Reference Number

      		
       
        
QAG

      		
       
        
 

      		
       
        
12

      		
       
        
Alpha 
          

      		
    

    
 
       
        
Reason

      		
       
        
QAH

      		
       
        
 

      		
       
        
25

      		
       
        
Alpha

      		
    

  


The different Types of Authorised Deposit-taking Institutions [ADIs] overseen by 
the Australian Prudential Regulation Authority [APRA] are currently

	  A	Australian-owned Banks-14
          B	Foreign Subsidiary Banks-10
          C	Branches of Foreign Banks-35
          D	Building Societies-11
          E	Credit Unions-128
          F	Other Authorised Deposit-taking Institutions [ADIs]-4
          G	Specialist Credit Card Institutions including PayPal-4
	  H	Authorised Non-Operating Holding Companies-3 


It has been proposed with the advent of the 1999 Electronic Transaction 
Acts and Electronic Volunteer Management Systems like the 2004 Rio-Tinto
Volunteer Management Scheme [RTVMS] that other "Credit" Institutions are 
added to that list including:

          P	Industry Peak Bodies
          Q	Sport Peak Bodies
          R	Entertainment Peak Bodies

These new "Credit Institutions" could be recognised in the 2002 Report
by the Department of Families & Community Services "The Community's  most
valuable hidden assest - Volunteering in Australia"

CURRENT FORMAT OF THE BSB NUMBER

The format of the BSB number is as follows: 

A	The First two digits specify the parent financial institution,

B	the third digit specifies the state where the branch is located and 

C	the fourth, fifth and sixth digits specify the branch. 

For example, the BSB 033088 actually breaks down into the following.

	03 = Westpac Banking Corporation
	3 = Victoria 
	088 = 383 Chapel Street, Prahran  

Our search function will explode the BSB into three values so you can easily
determine BSB related information.

While banks usually follow this numbering convention, building societies and 
credit unions often don't, but it doesn't affect the way in which the bank 
details can be decoded. 

A financial institution may also use one centralised BSB for all accounts. 

For example, Suncorp uses 484799 for all deposit accounts regardless of which 
branch or state the account was opened. 

Ref: BSB Numbers
Peak Body for Financial Institutions: 
   Web List of Authorised Members
Type of Financial Institution: 
    
Australian-owned Banks-14: 
  
Foreign Subsidiary Banks-10: 
  
Branches of Foreign Banks-35: 
  
Building Societies-11: 
  
Credit Unions-128: 
  
Other Authorised Deposit-taking Institutions [ADIs]-4: 
  
Specialist Credit Card Institutions (SCCIs)-4: 
  
Authorised Non-Operating Holding Companies-3: 
  

  • Australian-owned Banks-14
  • Foreign Subsidiary Banks-10
  • Branches of Foreign Banks-35
  • Building Societies-11
  • Credit Unions-128
  • Other ADIs-8
    including
  • Authorised Non-Operating Holding Companies-3

    •  

    Australian-owned Banks-14

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    Foreign Subsidiary Banks-10

    Branches of Foreign Banks-35

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    Building Societies-11

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    Credit Unions-128

    Back to Top

    Other ADIs-8

    One ADI that provides general banking services which does not fall into the above categories:

    These companies provide services (eg payments clearing) to building societies and credit unions:

    Specialist Credit Card Institutions (SCCIs)-3

    Foreign-owned SCCIs

    Locally Incorporated SCCIs

    Providers of Purchased Payment Facilities-1

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    Authorised Non-Operating Holding Companies-3

    (authorised under subsection 11AA(2) of the Banking Act 1959)

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