Swift Code of Australian Settlements Limited (ASL)

ASL was formed in 1993 as a mutual organisation by our founding members to provide settlement services and allow them to participate in the various financial sector clearing streams. ASL today is still an organisation which, like many of its clients, is owned by its members and supplies services to those members. ASL’s members include major mutual financial institutions.

ASL provides high quality, value for money and efficient settlement and transaction processing services to our members. Through the aggregation of our members transactions we are able to significantly reduce transaction costs associated with settling cheque, direct entry, scheme card, BPAY and other financial transactions.

Swift Code of Australian Settlements Limited (ASL):

1. Australian Settlements Limited Armidale: ASLLAU2CNEC
2. Australian Settlements Limited Canberra: ASLLAU2C
3. Australian Settlements Limited Canberra: ASLLAU2CASL
4. Australian Settlements Limited Canberra: ASLLAU2CGIO
5. Australian Settlements Limited Canberra: ASLLAU2CHBS
6. Australian Settlements Limited Lismore: ASLLAU2CSCU
7. Australian Settlements Limited Newcastle: ASLLAU2CGBS
8. Australian Settlements Limited Sydney (Gateway Credit Union): ASLLAU2CGTW
9. Australian Settlements Limited Sydney: ASLLAU2CSGE

As an Authorised Deposit-taking Institution, ASL is under the supervision and regulation of the Australian Prudential Regulation Authority (APRA) and the Reserve Bank.

ASL was the first non-bank to have an Exchange Settlement Account at the Reserve Bank.

Since inception, ASL has progressively grown our various products and services so as to continue to meet the evolving needs of our members and industry. This expansion has occurred without ever one settlement problem. While starting from a simple settlement service organisation, ASL can now provide our members access to a complete set of payment related services and participation in all the payment clearing streams within the Australian market.