Bank of new zealand account number codes arrangement
A very specific question!
In New Zealand, the Bank State Branch (BSB) code is used to identify a specific bank branch. The BSB code is a 6-digit code that is used in conjunction with the account number to identify a specific account.
Here is the arrangement of a Bank of New Zealand (BNZ) account number code:
- BSB code (6 digits): This identifies the specific bank branch.
- Account number (8 digits): This identifies the specific account within the branch.
The full account number code would be in the format: BSB code - account number, for example: 012345 - 12345678
Here's a breakdown of the BSB code:
- The first 3 digits (e.g. 012) identify the bank (in this case, Bank of New Zealand).
- The next 3 digits (e.g. 345) identify the specific branch within the bank.
And here's a breakdown of the account number:
- The first 6 digits (e.g. 123456) identify the specific account.
- The last 2 digits (e.g. 78) are used for internal purposes by the bank.
It's worth noting that the BSB code is not the same as the International Bank Account Number (IBAN), which is used for international transactions.