Barclays Bank IFSC code can be used by both the National Electronic Fund Transfer and Real Time Gross Settlement finance transfer systems. Barclays Bank NEFT, RTGS and IMPS codes are provided by RBI. NEFT transactions are settled in batches while RTGS transactions are settled individually. IMPS presents an instant 24X7, electronic fund transfer. IFSC Code is an 11 character code for identifying bank branches participating in online fund transfers. This code is unique for each branch. Please NOTE that not all branches of a bank provide net banking facility.
It is very easy to get IFSC code. You can get it in few clicks on loanbaba.com through its IFSC code locator tool. You will have to select the name of the bank, state and branch; it will give you the IFSC code along with the full address of the branch. You can get the entire list of IFSC code on RBI’s website for each bank. You can also find it on the bank’s website.
Barclays Bank, a British multinational financial services and banking company, is the seventh-largest bank in the world. The bank's beginning can be dated back to over 300 years; in 1690. It is headquartered in London and has operations in over 50 countries. It also has over 48 million customers around the globe. The bank's operations are in the realms if retail, wholesale and investment banking. It is also involved in mortgage lending, wealth management and credit cards. Barclays Bank began its operations in India in 1990 and has since blossomed into one of the best in Corporate Banking & Investment Banking in the country. The bank employs over 12,000 employees in the facets of banking, shared services operations and technology. Barclays has invested an astounding $800million of capital into its bank in India. This amount is one of the largest amounts that any foreign bank has invested in their Indian subsidiaries.