097-007, BSB No for Reserve Bank of Australia, Sydney Sydney
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The first digit differentiates account types (e.g., 0 for trading, 7 for savings), while the second digit is shared. Some large financial institutions may have two BSB codes per branch — one for trading/cheque accounts and one for savings accounts. The first two digits identify the banking institution, and the remaining four identify the specific branch. Stop paying your bank transaction fees every time you pay for something in another currency!
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