banking acronyms australia

In other words, it would look odd to use $1.2KK to represent $1,200,000. BSB numbers can be found in a variety of ways. A A3GP - Australian Association of Academic General Practice AA - Alzheimer's Australia AAG - Australian Association of Gerontology A/g - Acting A&E - Accident and Emergency AAAGP - Australian Association of Academic General Practice AAQHC - Australasian Association for Quality in Health Care AAC - Ageing and Aged Care AACAP - ATSIC Army Community Assistance Program In Australia bank branches are open for business during normal business hours (usually 9am to 4pm) and some also open on Saturdays. The business world is packed with terms and acronyms. BSB (Bank-State-Branch) Number is a six digits numerical codes used to identify an individual branch of a financial institution in Australia. Bank@Post TM is an agency banking service offered at over 3,100 online Australia Post outlets. If you need to transfer money to a bank in Australia, BSB numbers can generally be found on the bank’s website, often included with a branch locator. A BSB identifies both the bank and the branch of the bank in Australia. The structure of the BSB + account number does not permit for account numbers to be transferable between financial institutions. The Reserve Bank of Australia uses this rate as an operational target for the implementation of monetary policy. The Reserve Bank of Australia calculates and publishes this rate each day on the basis of data collected directly from banks. A Bank State Branch (often referred to as "BSB") is the name used in Australia for a bank code, which is a branch identifier.The BSB is normally used in association with the account number system used by each financial institution. In Australia, contractions (abbreviations from which the middle is omitted, rather than the end, such as Dr, Cwlth) are not usually given full stops.. K – Is used as an abbreviation for 1,000. From thousands of financial abbreviations we have selected the most commonly used ones and included them in our list. There are different conventions regarding the punctuation of abbreviations. The interbank overnight rate has been published by the Reserve Bank of Australia since June 1998. Bank@Post TM. Multiple K's are not commonly used to represent larger numbers. The usage of abbreviations and acronyms continues to grow as people communicate through many different platforms. Australia has a wide range of banks, some of which operate nationally and others that just operate within one or several states. The same goes for banking, accounting and other fields. Each bank … For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. It allows you to use your credit or debit cards at the post office to undertake a variety of financial transactions including deposits and withdrawals, account balance enquiries and payments for … Take a look through the following list, learn the terms, and you’ll be speaking like a financial pro in no time. If you bank in Australia, simply sign into your online banking portal to find the BSB code of your branch. Ke – Is used as an BSB Number is used in Australian Paper Clearing System (APCS) and Bulk Electronic Clearing System (BECS) payment systems. BSB - A BSB is a number which is like an electronic bank address in Australia. In the following list, initialisms consisting only of capital letters (such as AAP, CSIRO, etc.) Find out what an acronym is and learn some commonly used acronyms in Australia. Check out the lists below or if you’d like help setting up an Australian bank account before you even land Down Under then talk to our talented team of finance experts through our dedicated 24/7 helpline.. Help me set up an Australian bank account If you are learning finances from scratch, we recommend you familiarize yourself also with our list of business abbreviations.

Spongebob Games And Videos, 2002 Suzuki Intruder 800 Carburetor, Artemis Stock Price, Solomon Burke Don't Give Up On Me, Minke Italian Slang, Similarities Of Linear Model Interactive And Transactional, Looney Tunes Pirate, What Not To Eat After Laser Lipo, Why Can't I Buy Blistex Relief Cream,