BANK Deduction

 

A BANK deduction takes all of a person's remaining pay (after tax and other deductions) and pays it into their BSB / Account. You do not have to create BANK deductions yourself, they will be automatically added to a persons Standard Timesheet if they have a Payment Method of Bank (the other options are Cash or Cheque).

Tip If a person wants a fixed amount each pay going to another BSB / Account every pay, or has multiple BSB / Accounts, you should use the PBA - Personal BSB / Account deduction instead.

Your Bank Schedule shows all banking transactions for your current payroll.

BSB / Account numbers are checked using a 'check digit routine' supplied by each bank. Valid bank numbers are:-
BankNameWeb SiteCode
01 ANZ www.anz.com.au ANZ
03 Westpac www.westpac.com.au WBC
06 CBA www.commbank.com.au CBA
08 NAB www.nab.com.au NAB
09 Reserve Bank www.rba.gov.au RBA
10 Bank SA www.banksa.com.au BSA
11 St George www.stgeorge.com.au STG
12 Bank of Queensland www.boq.com.au BQL
14 Rabobank www.rabobank.com.au PIB
18 Macquarie Bank www.macquarie.com.au MBL
19 Bank of Melbourne www.bankofmelbourne.com.au/ BOM
21 J.P. Morgan Chase www.jpmorgan.com/australia JPM
23 Bank of America www.bankofamerica.com BAL
24 Citibank www.citibank.com.au CTI
26 Bankers Trust Australia www.bt.com.au BT
30 BankWest www.bankwest.com.au BWA
31 BankMeru www.bankmecu.com.au/ MCU
33 St George www.stgeorge.com.au STG
34 HSBC www.hsbc.com.au HBA
43 Standard Chartered www.standardchartered.com/au/en
48 Suncorp-Metway www.suncorp.com.au MET
51 Community First Credit Union www.communityfirst.com.au
61 Adelaide Bank www.adelaidebank.com.au
63 Bendigo-Payroll Services BBL
64 Building Society
65 SGE Credit Union www.sgecu.com.au/
70 Credit Union
72 Summerland credit Union www.summerland.com.au/ SCU
73 Westpac www.westpac.com.au WBC
76 CBA www.commbank.com.au CBA
78 NAB www.nab.com.au NAB
80 Manly Warringah Credit Union Ltd CRU
81 Credit Union Aust Ltd www.cua.com.au
91 Arab Bank Australia www.arabbank.com.au ARA
92 UOA or ING
93 AMP Bank www.amp.com.au AMP
94 Cyprus or Members Equity
98 Bank of China www.bocau.com.au BOC