IFSC Code of UNION BANK OF INDIA, SERVICE BR. VISAKHAPATANAM
Bank: | UNION BANK OF INDIA |
Address: | SERVICE BRANCH,DNO 12-4-32CHANDUSPLAZA,2ND FLOOR,APSARA RD. |
Branch: | SERVICE BR. VISAKHAPATANAM |
IFSC Code: |
UNION BANK OF INDIA SERVICE BR. VISAKHAPATANAM IFSC Code
Get UNION BANK OF INDIA SERVICE BR. VISAKHAPATANAM IFSC Code located at VISAKHAPATNAM. IFSC Code is unique eleven-digit number which is a combination of alphabets and numerals. It is used to transfer funds online for NEFT, IMPS and RTGS transactions. IFSC is needed to let the payee bank know which bank and branch the concerned account is with and then only the payee bank can remit the amount to the beneficiary's bank account.Adsense Ads
UNION BANK OF INDIA SERVICE BR. VISAKHAPATANAM MICR Code
UNION BANK OF INDIA MICR code number consisting of 9 digits followed by a delimiter. The first 3 digits represent the city, the next 3 indicate the bank and the last 3 digits signify the branch. The 9 digit sort code is distinctive for any bank branch within the country. This MICR code is utilized in the RBI clearing process to identify its branch and bank for clearing processes. Real-Time Gross Settlement: RTGS System: funds transfer mechanism where the transfer of cash takes place from one bank to - another on a real-time and on a gross basis.Adsense Ads
UNION BANK OF INDIA Money Transfer
This is its fastest possible UNION BANK OF INDIA Money Transfer computer system throughout the banking channel. The settlement at real-time means - payment transaction isn't subjected to any waiting period. The transactions are - regulated as soon as they're processed. The gross settlement means its transaction can be - settled on one to one basis without regrouping with any other transaction. Considering - which money transfer takes place in its books of its Reserve Bank of India, its - payment can be taken as final and irrevocable. Under normal circumstances, its beneficiary branches are expected to receive its - funds in real-time as soon as funds have been transferred by its remitting bank.Adsense Ads