Ora

What is the Cbus spin number?

Published in Superannuation Identifier 2 mins read

The Cbus Unique Superannuation Identifier (USI), commonly referred to as its Superannuation Product Identification Number (SPIN), is CBU0100AU.

Understanding the Cbus USI/SPIN

The Cbus USI/SPIN is a crucial identifier for the Cbus superannuation fund in Australia. This unique code is essential for ensuring that superannuation contributions and transfers are directed to the correct fund and member accounts. It acts as a universal product identifier for Cbus's superannuation offering.

Why You Might Need the Cbus USI/SPIN

Knowing the Cbus USI/SPIN is important for several key administrative tasks related to your superannuation:

  • Consolidating Your Super Online: If you are looking to combine multiple superannuation accounts into your Cbus account, you will typically need to provide the Cbus USI/SPIN during the online consolidation process. This ensures your funds are transferred accurately.
  • Employer Contributions: For employers, providing the correct USI/SPIN is mandatory when making superannuation contributions on behalf of their employees. It guarantees that contributions are remitted to the correct super fund, fulfilling their Superannuation Guarantee obligations.

Cbus USI/SPIN Details at a Glance

For quick reference, here are the details for the Cbus Unique Superannuation Identifier:

Identifier Type Cbus Identifier Purpose
Unique Superannuation Identifier (USI) / Superannuation Product Identification Number (SPIN) CBU0100AU Identifying the Cbus superannuation product for contributions and transfers.

This identifier simplifies the process of interacting with the Australian superannuation system, making it easier for members to manage their super and for employers to meet their obligations.