Transfer money to Australia

Learn about BSB numbers and what exactly you need in order to send money to Australia.

 

Bank State Branch (BSB)

The Bank State Branch, better known as BSB, is a bank identifier system used in Australia. Similar to the UK sort code system that was developed in the 1960s, Australia developed a similar system in the 1970s in order to have a unified payment processing system. Today the BSB is processing paper and electronic transactions and identification numbers are given to both banks and financial institutions. A BSB number consist of 6 digits, a combination of the bank identifier number and a specific branch number.

 

To complete an international transaction, with Covercy, to Australia, you will need the following details:

  • SWIFT code – 8 or 11 digits
  • BSB – 6 numerical digits
  • Account number – 6 to 10 digits
  • Full name of account holder