SWIFT Code ASLLAU2CGBS — AUSTRALIAN SETTLEMENTS LIMITED, NEWCASTLE

About SWIFT Code ASLLAU2CGBS — AUSTRALIAN SETTLEMENTS LIMITED, NEWCASTLE

SWIFT code ASLLAU2CGBS is the official 11-character branch-specific BIC (Bank Identifier Code) for AUSTRALIAN SETTLEMENTS LIMITED in NEWCASTLE, Australia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by AUSTRALIAN SETTLEMENTS LIMITED for all outward international remittances from NEWCASTLE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ASLLAU2CGBS

The code ASLLAU2CGBS follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ASLLAU2CGBS

Receiving International Wire Transfers

To receive money from abroad at your AUSTRALIAN SETTLEMENTS LIMITED account in NEWCASTLE, share SWIFT code ASLLAU2CGBS with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at AUSTRALIAN SETTLEMENTS LIMITED, NEWCASTLE must provide SWIFT code ASLLAU2CGBS. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using AUSTRALIAN SETTLEMENTS LIMITED in NEWCASTLE rely on SWIFT code ASLLAU2CGBS for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for AUSTRALIAN SETTLEMENTS LIMITED →

For cheque clearing or NACH mandates, use the MICR code for AUSTRALIAN SETTLEMENTS LIMITED →

For TDS challan deposits, find the BSR code for AUSTRALIAN SETTLEMENTS LIMITED →

How SWIFT Code ASLLAU2CGBS Routes an International Transfer

1. Initiation: The sender provides SWIFT code ASLLAU2CGBS and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to AUSTRALIAN SETTLEMENTS LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: AUSTRALIAN SETTLEMENTS LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ASLLAU2CGBS

• Spaces or lowercase letters — Always enter ASLLAU2CGBS uppercase with no spaces.
• Using the wrong city — This code is for NEWCASTLE only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Australia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ASLLAU2CGBS directly with AUSTRALIAN SETTLEMENTS LIMITED's NEWCASTLE branch or via the SWIFT BIC Directory.