Format of bank account numbers
Requirement
Countries and banks have different structures for bank account numbers.
Australian banks have similar but different formats of branch ID and bank account number. Bank branches are given a Bank State Branch (BSB) code.
For international transfers, the Swift code, also referred to as BIC, is used in conjunction with the BSB code and the account number. The IBAN is not used in Australia.
M3 solution
The formats in this country for domestic and international bank accounts are supported by M3.
General configuration guidelines
| Format | Example |
|---|---|
| Domestic bank account number |
Numeric, 8 or 9 digits long. Normally, separators and blanks are not inserted in electronic messages. |
| BSB (Bank State Branch) |
Numeric, 6 digits long. Example: 033088 The first two digits are used for the bank, for example, 03 for Westpac Banking Corporation. The next digit is used for the state, for example, 3 for the state of Victoria. The last three digits are used for the bank branch, for example, 088 for the Westpac branch that is located at 383 Chapel St, Prahran. |
| BIC (Bank Identification Code) |
Alphanumeric, 8 or 11 characters long. Example: WPACAU2S |
Specific configuration guidelines
| Program ID | Program name | Description or comment |
|---|---|---|
|
CRS072 CRS692 CRS690 CRS695 |
Bank Account Indicator. Open Bank Account. Open Bank. Open Bank Format. Open |
See the Infor M3 Core Configuration Guide for Infor Localization Services GEMS for the detailed configuration guidelines for the applicable messages. |