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The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Western Union Telegraph Building, lithograph. The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, [3] the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph ...
The BSB is a six-digit code, usually presented as nnn-nnn. Originally, the format of the BSB code was for the first two digits to indicate the "bank" and the other four digits specified the "branch" of that financial institution, the first digit of which was the state code indicating the state where the branch was located.
According to a report by the World Bank, India's inward remittances are estimated to surge to a record $71 billion this year. China is expected to follow with $60 billion worth of remittances ...
DE is the country code for Germany. FF is the code for Frankfurt. Using an extended code of 11 digits (if the receiving bank has assigned extended codes to branches or to processing areas) allows the payment to be directed to a specific office. For example: DEUTDEFF500 would direct the payment to an office of Deutsche Bank in Bad Homburg. SWIFT ...
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NNNNN for PO Boxes. NNNNN-NNNN for home delivery. A complete 13-digit code has 5-digit number representing region, sector, city, and zone; 4-digit X between 2000 and 5999; 4-digit Y between 6000 and 9999. [23] Digits of 5-digit code may represent postal region, sector, branch, section, and block respectively. [24] Senegal: SN: NNNNN
An example of a Postal Index Number from Ujjain in Madhya Pradesh. 4 indicates the West postal zone, 5 indicates a postal sub-zone in Madhya Pradesh, 6 indicates the Ujjain sorting district, 0 indicates the Ujjain core area service route, 01 indicates the Ujjain Head Office as the delivery office.