Difference between Indian Financial System Code (IFSC) and Society of Worldwide Interbank Financial Telecommunication (SWIFT).

#Electronics and Communication Engineering #Telecommunication

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Difference between Indian Financial System Code (IFSC) and Society of Worldwide Interbank Financial Telecommunication (SWIFT).

pravesh.sharma 4th Jan, 2023

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pravesh.sharma 4th Jan, 2023

To transfer money from one account to another, the IFSC and SWIFT codes must be utilized. The main distinction between the two codes is that the SWIFT is used for transfers abroad, while the IFSC is utilized for transfers within India.

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