Question: what is the difference between rtgs code and ifsc code?
Answer: RTGS stands for Real Time Gross Settlement. RTGS is one of the main payment and settlement systems in India. To make a payment using RTGS, one requires details like name of the account holder, account number and the IFSC code of the bank. ... IFSC code is often referred to as RTGS code or NEFT code for the same reason.