Definition, Meaning & Synonyms
bsb
abbreviation
bee-es-bee
Definition
BSB stands for Bank State Branch, a unique identifier used in Australia to designate a specific bank branch in the banking system.
Examples
- The BSB code for my bank branch is 123-456.
- When transferring money, always make sure to enter the correct BSB to avoid delays.
Meaning
It is primarily used for electronic funds transfers and helps in ensuring that the money is directed to the appropriate branch of the bank.
Synonyms
- Bank Code
- Branch Identifier
