1. Swift Code Stands for ‘Society for Worldwide Interbank Financial Telecommunication’ whereas IFSC stands for ‘‘Indian Financial System Code’
2. SWIFT code is for international money transfer while IFSC code is used for domestic money transfer (within India)
3. SWIFT code has been developed by International Standard Organization (ISO) while IFSC code has been developed by Reserve Bank Of India (RBI)
4. SWIFT code has 8 or 11 characters while IFSC codes contain 11 characters
