Find Zip Code / IFSC Code / Swift Code Details
Find Zip Code / IFSC Code / Swift Code details
Unable to find the details of ZIP Code or IFSC Code or Swift Code, your problem is solved. This blog will explain what is code and why is used and where you can find the details.
Meaning: Postal code is pattern of alphanumeric used for sorting the mails. Postal code is also known as Pin Code or Zip Code or Post Code.
Usage: While postal codes were introduced to expedite the delivery of mail, they are very useful tools for several other purposes, particularly in countries where codes are very fine-grained and identify just a few addresses. This helps mostly in identifying the locality or town or city.
Postal codes can be used with satellite navigation systems to navigate to an address by street number and postcode.
Terms used in different country:
Postal code: The general term is used directly in Canada and Malaysia.
Postcode: This portmanteau is popular in many English-speaking countries.
ZIP code: The standard term in the United States and the Philippines; ZIP is an acronym for Zone Improvement Plan.
PIN code / pincode: The standard term in India; PIN is an acronym for Postal Index Number.
Abbreviation: Indian Financial System Code
Meaning: Indian Financial System Code (IFSC) is an alpha numeric code which uniquely identify bank branch in India. IFSC is code used for various payment systems within the country. IFS Code is 11 digit code for a bank branch.
Usage: IFSC Code Bank used the RTGS and NEFT finance transfer systems. IFSC Code Bank are provided by RBI. IFSC Code is identifying Bank branches participating in online fund transfers. IFSC code Bank is unique for each branch.
Find IFSC Code of any bank details here.
Abbreviation: Society for Worldwide Interbank Financial Telecommunication
Meaning: SWIFT Code is a unique identification code for a particular bank and it is a standard format of Bank Identifier Codes (BIC). SWIFT Code is 8 or 11 characters for a bank. If SWIFT Code is 8 character code then it points to the primary branch/office.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO).
It is a unique identification code for both financial and non-financial institutions.
Usage: These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.
Find SWIFT Code of any bank details here.
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