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What is bank transaction code 208?

Updated: 9/25/2023
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Q: What is bank transaction code 208?
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Is a transaction code used for bank transactions?

Transaction codes are used by banks to determine what time if transaction has occurred at the bank. Everything from a code used for a deposit to a checking account to another different code used to make a loan payment.


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It depends on the bank invloved in the transaction, and varies from bank to bank even if they are in the same country.


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Bank Account Number is the number of your account opened in that Bank's Branch. For online transaction you need IFSC code of Bank. IFSC code of all banks available at BankBazaar.com/ifsc-code.html.


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