Bank details of People First Bank

How to correctly fill out a transfer form

People First Bank (the merged entity of Heritage and People’s Choice) is a leading customer-owned bank. Precise entry of the BSB and SWIFT codes ensures your funds are routed correctly through their national infrastructure.

Examples of filling out a transfer:

Local AU Transfer: Recipient: Sarah Jenkins; BSB: 805-050 (public bank identifier); Account: ****3344 (example); Reference: Monthly Savings.

International Remittance: Recipient: People First Member; SWIFT: CUSCAU2S (public bank identifier); Account: 88776655 (example); Currency: AUD; Note: Shared SWIFT code for mutual banks.

Tips for filling out the form

• Use the BSB 805-050 for all domestic electronic transfers within the Australian clearing system. • Note that the SWIFT code CUSCAU2S is a public bank identifier shared by mutual banks via the Cuscal network. • People First Bank supports real-time payments through Osko and PayID. • Verify the bank's AFSL 237856 for regulatory compliance.

FAQ

Question: What is the Financial Institution Code for People First Bank?

Answer: In the clearing network, the bank is identified by the public bank identifier CPS.

Question: Why does the SWIFT code mention Cuscal?

Answer: People First Bank uses the public bank identifier CUSCAU2S because its international transactions are processed through the Cuscal settlement network.