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BSB (Bank-State-Branch) Number or National Clearing Code is a six digits numerical codes used to identify an individual branch of a financial institution in New Zealand. To make money transfer, the BSB Number is used together with the bank account number of the recipient. In New Zealand, the BSB Number is also known as Clearing Code.
For international inward money transfer, a SWIFT code must be used together with a BSB Number and Account Number.
All bank account numbers in New Zealand used the following pattern,
AA BBBB CCCCCCC DDD
where, the first six digits (AA BBBB) denote the BSB Number.
- the first two digits (AA) show which bank manages the account.
- the next four digits (BBBB) show branch number.
- the next seven digits (CCCCCCC) show the account number.
- the last three digits (DDD) (or two for some banks) show an account suffix.