Bank of Queensland, Business Banking 531 Branch, 125-531

BSB Number is a six-digit code. The format of the BSB code originally was for the first two digits to indicate the “bank” and the other four digits to specify the “branch” of that financial institution, the first digit of which was the state code indicating the state where the branch was located.

Bank of Queensland, Business Banking 531 Branch, 125-531
Financia Institution / Bank Name Bank of Queensland
BSB Name / Branch Name Business Banking 531
BSB Number 125-531
FI code BQL
Address 100 Skyring Terrace, Newstead
Suburb/ Town/ City Newstead
State QLD
Post Code 4006
Payment Systems Paper,Electronic,High,

Australian Payments Clearing Association (APCA) is now the regulatory body of cheque clearances and of the BSB codes in Australia. APCA assigns the bank code to a financial institution and the financial institution allocates the other digits to its branches, in line with guidelines set by APCA.

125-531 is the BSB number / code for Bank of Queensland’s Business Banking 531 branch.

A. Sulthan

Author and Assitant Professor in Finance

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