Bank to IFSC Code

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Bank to IFSC Code


Bank Details
IFSC Code
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About Bank to IFSC Code

Bank Details to IFSC Code Converter.

Bank Details to IFSC Code converter is a tool that allows users to convert bank account details into an IFSC (Indian Financial System Code) code. An IFSC code is a unique 11-character code assigned to each bank branch in India by the Reserve Bank of India (RBI). This code is used to identify a particular bank branch in electronic funds transfer and online transactions.

Is IFSC and Swift code same?

IFSC and Swift codes are not the same. IFSC (Indian Financial System Code) is an alphanumeric code that is used to identify a specific bank branch in India. It is an 11-digit code that is used for electronic money transfers between banks within India. The IFSC code is used by the Reserve Bank of India (RBI) to facilitate electronic money transfers and is unique to each bank branch.

On the other hand, SWIFT (Society for Worldwide Interbank Financial Telecommunication) code is an international bank identification code used for international money transfers. It is an alphanumeric code that consists of 8 to 11 characters. The SWIFT code is used to identify a specific bank or financial institution in the international financial system and is used to facilitate international money transfers between banks.

While both IFSC and SWIFT codes are used for bank identification and electronic money transfers, they serve different purposes and are used in different contexts. The IFSC code is used within India for domestic money transfers, while the SWIFT code is used for international money transfers.