What is IBAN, SWIFT Code & IFSC ?

What is IBAN, SWIFT Code & IFSC ?

1. SWIFT Code - Combination of various type of letters and used to identify the branch codes of banks (Required for all banks around the world)

2. IBAN Code - "International Bank Account Number" to identify bank code (Required only for Europe countries and UAE / Saudi Arabia Banks)

3. IFSC Code - "International Financial System Code" to identify the account number and branch (Required only for India Banks)

4. Branch Code - Applicable only for "Thailand" banks (Usually three to four characters)
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