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Sabtu, 11 November 2017

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Pacific , Notes , Coins
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New Zealand bank account numbers in NZD follow a standardised format of 16 digits:

  • a prefix representing the bank and branch (six digits), otherwise known as the Bank code;
  • the body (seven digits); and
  • the suffix representing the product/account type (two or three digits).

While the New Zealand format is similar to Australia's Bank State Branch, the two systems are not interchangeable.

New Zealand bank account numbers in foreign currencies vary by bank.


Video New Zealand bank account prefix



Background

The origins of the format lay in the establishment of the Databank Systems Limited, a company set up by a consortium of competing banks New Zealand, to provide computing resources (development and operational) for the consortium members.

Bank codes are coordinated by Payments NZ who administer the Bulk Electronic Clearing System (BECS). The scope of BECS includes direct debits, automatic payments, bill payments, and direct credits. Payments NZ also administer the following payment systems in New Zealand:

  • Paper Clearing System
  • High Value Clearing System
  • Consumer Electronic Clearing System

Maps New Zealand bank account prefix



Format of account numbers

Account numbers are generally presented in the format:

BBbbbb-AAAAAAA-SSS

where B is the bank number (2 digits), b is the branch number (4 digits), A is the account number (7 digits) and S are digits of the suffix (2 or 3 digits). Where a bank displays the suffix as two digits, a leading zero is added to pad the suffix to three digits; i.e. BBbbbb-AAAAAAA-SS becomes BBbbbb-AAAAAAA-0SS.

This format allows customers to have a single account number with differing suffixes for multiple accounts of differing types. This does not include credit card and loan products.


Australian Coin Auctions - Auction 322 - World Banknotes
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Account number prefix

Bank accounts are prefixed with six digits, two indicating the bank and four which indicate the branch. The table below shows which banks are allocated which bank prefix. A current list of branches as their associated bank/branch numbers is available for download from the Payments NZ website.


2016 New Generation $5.00 First and Last Prefix Notes
src: commcoinage.com


Account number body

The account body consists of seven digits, right adjusted and padded with zeroes if necessary. The last digit of the body is a check digit which can be validated using a modulus algorithm.


Australian Coin Auctions - Auction 312 - World Banknotes
src: downies.com


Account number suffix

The table below shows the account number suffixes as introduced by Databank Systems Limited from 1969.


Australian Coin Auctions - Auction 315 - World Banknotes
src: downies.com


See also

  • Bank code
  • Bank State Branch, the bank code format used in Australia
  • Databank Systems Limited
  • ISO 9362, the standard for SWIFT codes, international bank identifiers
  • Routing transit number
  • Sort code, a number used in the United Kingdom

Australian Coin Auctions - Auction 310 - World Banknotes
src: www.downies.com


References

Source of the article : Wikipedia

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