IFSC stands Indian Financial System Code. IFSC is an alpha numeric code which uniquely identify bank branch in india. IFSC is code used for various payment system within the country. IFS Code is 11 digit code for a bank branch.

• First 4 characters represents bank code.
  For Example: One of the IFSC code for ICICI Bank is ICIC0001206. First 4 characters ICIC0001206 represents bank code.
• The 5th character is a '0' Zero and it's reserved as control character (ICIC0001206)
• Remaining last 6 characters used to indentiy the bank branch. (ICIC0001206)

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A Routing Transit Number (RTN) is a nine digit bank code. It is being used in the United States. RTN appears on the bottom left corner of your checks. First set of numbers is your Routing Number.

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MICR stands for Magnetic Ink Character Recognition. MICR Code is a numeric code which uniquely identifies a bank branch participating in the ECS Credit scheme. MICR code consists of 9 digits e.g 400229128

• First 3 digits represent the city (400229128 )
• Next 3 digits represent the bank (400229128 )
• Last 3 digits represent the branch (400229128)

The MICR Code allotted to a bank branch is printed on the MICR band of cheque leaves issued by bank branches. in the country. As on November 30, 2010 there are more than 72,000 RTGS enabled bank branches.

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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

• First 4 characters represents bank code.
• Next 2 characters represents ISO 3166-1 alpha-2 country code.
• Next 2 characters represents location code. (letters and digits) (passive participant will have "1" in the second character)
• Last 3 characters represents branch code. These characters are optional. ('XXX' for primary office)

SWIFT Codes are used for transferring money and messages between banks.

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Postal code is pattern of alphanumeric used for sorting the mails. Postal code is also known as Pin Code or Zip Code. more...

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