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You’ll need to use one when sending money to Australia with Wise, along with an account number. You can use BSB numbers to send money between Australian accounts, and to send money to an Australian account from overseas. And with each bank sending your money at their own pace, who knows when it will arrive? Each branch has its own code, though some banks also have a single, centralised BSB for all their accounts. Banks use BSB numbers to identify the bank and branch holding an account.

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