ASB Bank, Westport National Clearing Code -123178, Westport

National Clearing Code  :123178, ASB Bank, WESTPORT, New Zealand
Bank Name ASB Bank
Bank Code 12 Copy Bank Code
Branch Code 3178 Copy Branch Code
Branch Name Westport
National Clearing Code 123178 Copy National Clearing Code
Branch City Westport
Address 144 Palmerston Street
View Branch Location on Google Map
Postal Code
Post Box Number PO Box 35
Post Box Location 1 Shortland Street
Post Box Location 2 Auckland
Post Box Location 3
Post Box Postal Code 1140
Post Box Country New Zealand
STD Code (03)
Phone Number (03)-788-9002
FAX Number 789-7410
Paper Clearing System (PCS) Participation Status No, Bank do not participate in paper-based payment instruments, such as cheques, work interbank clearing.
Bulk Electronic Clearing System (BECS) Participation Status Yes, Bank participate in direct debits, automatic payments, bill payments, and direct credits interbank Clearing
Consumer Electronic Clearing System (CECS) Participation Status Yes, Bank participate in consumer payments work, such as EFTPOS payments and mobile payments interbank Clearing
High Value Clearing System(HVCS) Participation Status Yes, Bank participate in large payments that cannot be reversed, such as house settlements
New Zealand Head Office Contact Information
Head Office Address ASB North Wharf
12 Jellicoe Street
Auckland-1010
View HO Location on Google Map
Bank Website www.asb.co.nz



What is New Zealand Banks National Clearing Codes?

The Bank Codes allotted to Bank Branches by the New Zealand Central Bank, The Reserve Bank of New Zealand for the identification of a payment service provider is called National Clearing Code. In New Zealand each Bank is allotted a uniq National Clearing Codes. With this National Clearing Code, the Bank Branch participate in interbank clearing. The Bank Account Holders of the Branch need to share their Bank Branch National Clearing Code along with BIC Code / Swift Code & Bank Account Number with receiving International payment.

Purpose of New Zealand National Clearing Codes

National Clearing Codes are used in New Zealand by Banks to transfer payments from one Bank Account to another Bank Account, within a Bank Branch or between a Bank's different branches or between different Banks.

How to find New Zealand Bank Accounts National Clearing Codes

Your Bank Account National Clearing Code is printed on your Cheque Book. You can also find your Bank Account National Clearing Codes in your Banks Mobile APP or Web Application. Login to your Bank's Mobile APP or Web APP and you will see six digits no. which is your Bank Account National Clearing Codes. The First two digits from left are Bank Code and rest of the 4 digits are your Branch Code.

What is Paper Clearing System (PCS)

PCS covers all paper-based payment instruments and governs how they work, this primarily means cheques. In today's increasingly digital world, the use of cheques as a payment instrument is declining. The PCS rules, standards and procedures include the format cheques and deposit forms have to be in, how they are processed and the timeframes for processing them.

Bulk Electronic Clearing System (BECS)

The Bulk Electronic Clearing System (BECS) governs how direct debits, automatic payments, bill payments, and direct credits work.
BECS governs how a range of bulk electronic transaction types are made between its Participants. BECS covers direct debits, automatic payments, bill payments and direct credits.
The BECS rules, standards and procedures set out how this clearing system works. They include timeframes for when settlement and interchange occurs, what format the payment information needs to be in, and how any processing or payment issue between banks is resolved.

Consumer Electronic Clearing System (CECS)

The Consumer Electronic Clearing System (CECS) governs how consumer payments, such as EFTPOS (debit card) payments and mobile payments, work.
CECS rules, standards and procedures govern the processing of EFTPOS payments, mobile payments, and the operation of ATMs. As innovation continues in the consumer electronic payments space, new payment instruments will be included.
A standard CECS transaction involves a number of parties, including the:
Cardholder - the customer whose card is being used to make the payment in the transaction.
Issuer - the financial institution that issues the card to the Cardholder.
Merchant - the business or person with the EFTPOS machine who accepts the payment.
Acquirer - the financial institution that has the business banking relationship with the Merchant.
Switch Operator - the provider of the infrastructure (the 'switch' ) for sending messages between the various parties in the transaction (for CECS transactions, the switch operators are Paymark Limited and EFTPOS New Zealand Limited).

High Value Clearing System (HVCS)

The High Value Clearing System (HVCS) governs large payments that cannot be reversed, such as house settlements.
HVCS payments are fast and, once made, cannot be reversed. This means it is an efficient and reliable way to make large payments quickly. HVCS payments are commonly used for large value payments between corporate institutions and property settlements.
The HVCS rules, standards and procedures set out how these types of transactions are made, including what payment information is required and the timeframes for completing the transaction.






Back to Top