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How many types of Bank's Codes in India


Bank codes are of two types: the national and the International Codes  example sort code in the UK, ABA routing code in the US, IFSC code in India etc. SWIFT code, which is used for international transfers. It is also called BIC (Bank International Code) and it is an international standard (BIC/ISO 9362).

There are Two types of Bank's Code in India which is used to transfer the money from one Bank account to another Bank account. We need to transfer the money using the Bank's codes within country of out side the country. In India we used to Two Types of Code .

Comments

  1. UnknownJuly 31, 2020 at 1:22 AM

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  2. PKM Advisory Services LLPJune 30, 2025 at 2:20 AM

    Clear, concise breakdown of the various types of bank codes in India—very informative. PKM Advisory Services LLP appreciates the relevance to the International Financial Services Centre in India.

    ReplyDelete

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