IFSC CODE - What are IFSC CODES and How Does it Work - Instarem

Send

Currencies

Business
Help
Sign up
Sign in
My Account

What is IFSC Code?

Banks make use of various kinds of unique alphanumeric codes. IFSC code is one of them, and it stands for Indian Financial System Code.

The IFSC code is a unique alphanumeric code of eleven digits. This code is usually found on the leaves of your cheque book or on other materials provided by your bank. This code is also used to identify the branch of the bank where an individual holds his or her account(s).

Furthermore, these codes are also used in transferring money through NEFT (National Electronic Funds Transfer), IMPS (Immediate Payment Service) and RTGS (Real-Time Gross Settlement) transfers.

If a person does not remember his or her bank’s IFSC codes, it is not a problem anymore. The IFSC code of the branch or the bank can be easily found out by using various websites, which offer such services. All a person is required to do is to input various details, such as the name and address of the bank, and they will be able to look up the bank’s IFSC code.

IFSC code is an eleven-digit number and helps various kinds of money transfer systems to locate the branch of the account holder, thereby allowing for a seamless bank transfer.

Click here to find your IFSC Codes

#DoMore Register for a free account with Instarem.

Check our rates now!

You send

They receive

Fee :

Rate* :

Conversion Amount :

Recipient Receives :

How Instarem compares when sending 1,000 AUD to:

INR	EUR	GBP	USD	VND
51,104.2	51,104.2	51,104.2	51,104.2	51,104.2
51,104.2	51,104.2	51,104.2	51,104.2	51,104.2
51,104.2	51,104.2	51,104.2	51,104.2	51,104.2
51,104.2	51,104.2	51,104.2	51,104.2	51,104.2
51,104.2	51,104.2	51,104.2	51,104.2	51,104.2

At Instarem we’re 100% transparent. There are no hidden charges. We charge only a nominal fee. And what’s more, you get Mid-Market rates with no margins added. Data collected AUD 1,000 on 31 August 2020.

Sources: Respective company websites

You can also read about other Codes

Transfer money anywhere

Africa
Asia
Europe
Oceania
North America

Instarem is the trading name of NIUM Inc., a subsidiary of NIUM Pte Ltd, which is the parent company of NIUM subsidiaries globally. NIUM Inc. operates in the United States under a program sponsored by Community Federal Savings Bank to which NIUM is a service provider (NMLS ID No. 1528562).

*Nium makes money when it converts your send currency to a receive currency

We top up your account with 75 InstaPoints as soon as you Sign Up.

InstaPoints are loyalty points that you can redeem against your transactions to give you a discount.

More The InstaPoints, More The Discount.

Your chat session is already active on another tab

Send

Start a Transfer

What is IFSC Code?

You send

They receive

You send

They receive

Check your transfer status

How Instarem compares when sending 1,000 AUD to:

Transfer money anywhere