Indian Financial System Code, popularly known as IFSC code, is an 11-digit alphanumeric code that helps identify the individual bank branches. IFSC code is used to transfer funds online for NEFT, IMPS, and RTGS transactions. First four digit characters represent the bank, followed by a zero (0), and the last 6 characters, usually number, represent the bank branch.
Customer can find IFSC code on their bank’s cheque leaves, passbooks, bank statement and other banking documents.
Unique branch identification: Through an IFSC code, the particular branches of source and destination banks can be identified.
Useful for electronic transfer: It is used for online fund transfer like NEFT, RTGS & IMPS, and helps eliminate errors.
This helps customers search for IFSC code of any branch of any bank across the country.
Industrial and Commercial Bank of China Limited is a Chinese multinational banking company headquartered in Beijing, China. It is the largest bank in China and one of China’s Big Four state-owned commercial bank. The bank was listed on both Shanghai Stock Exchange and Stock Exchange of Hong Kong Limited. It is the world’s largest bank by total assets and the first Chinese bank to achieve such a feat.
The bank provides a comprehensive range of financial products and services to ,7 thousand corporate customers and 7 million personal customers. It operates through Cooperate Banking, Personal Banking, and Treasury Operation segments. Corporate Banking segment provides banking solutions to corporations, government agencies, and financial institutions. Personal Banking segment offers personal loans and cards, deposits, personal wealth management, and personal intermediary services to individual customers. The Treasury Operations segment deals in the money market transactions, investment securities, and foreign exchange transactions, as well as holding of derivative positions.
Cooperate Banking S personal loans and cards, deposits, Personal wealth management Treasury Operation segments Personal Banking