The main difference is that an account number is unique to that specific account. Meanwhile, a BSB number directs the payment to the correct branch. The two numbers give banks the information needed to transfer your funds correctly. BSB codes vs. SWIFT/BIC Similarly, you may be wondering if...
How do I find a BSB number? BSB and account numbers: Australia vs. New Zealand How to transfer money with a BSB number We can help Making a bank transfer in Australia? In addition to all the standard information like name, address, and account number, you’ll also need a BSB code. ...