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IFSC Code: Find IFSC, MICR Codes

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IFSC Code: IFSC stands for Indian Financial System Code, it is made up of 11-digit alpha-numeric code, it identifies a bank branch which participates in any RBI regulated funds transfer system. The IFSC code helps to transfer money using RTGS , NEFT or IMPS method. The First 4 digits of the IFSC represent the bank and last 6 characters represent the branch. The fifth character is zero. Why is an IFSC code required? The IFSC code is used to perform electronic fund transfers across various banks in India. Most major bank branches involved in bank-to-bank electronic payments have a unique IFSC number. The IFSC code is used by banks to identify the source and target bank branches for fund transfer. It is also used to exchange messages and information across the banks. What is MICR Code? The MICR Code is an older code introduced by RBI in early 1980 to simplify funds transfer via cheques or DD . MICR stands for Magnetic Ink Character Recognition which is a technology used in the banking...

What is a Blog? – The Definition of Blog, Blogging, and Blogger

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What is a Blog? Definition of blog A  blog  (shortening of “weblog”) is an online journal or informational website displaying information in the reverse chronological order, with the latest posts appearing first. It is a platform where a writer or even a group of writers share their views on an individual subject. What is the purpose of a blog? There are many reasons to start a blog for personal use and only a handful of strong ones for business blogging. Blogging for business, projects, or anything else that might bring you money has a very straightforward purpose – to rank your website higher in Google SERPs, a.k.a. increase your visibility. As a business, you rely on consumers to keep buying your products and services. As a new business, you rely on blogging to help you get to these consumers and grab their attention. Without blogging, your website would remain invisible, whereas running a blog makes you searchable and competitive. So, the ma...

Outsourcing Accounting Services

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What is Outsourcing ? Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed or had previously been done by the company's own employees. The outside company, which is known as the service provider or a third-party provider, arranges for its own workers or computer systems to perform the tasks or services either on site at the hiring company's own facilities or at external locations. Companies today can outsource a number of tasks or services. They often outsource information technology services, including programming & application development as well as technical support. They frequently outsource customer service and call service functions. They can outsource other types of work as well, including manufacturing processes, human resources tasks and financial functions such as bookkeeping and payroll. Companies can outsour...

Wages Protection System (WPS) in UAE

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Wages Protection System (WPS) in UAE What is UAE Wage Protection? Wages  Protection System ( WPS ) is an electronic   salary  transfer system that allows companies/institutions to pay workers  wages  via banks, bureaux de change, and financial institutions approved and authorized to provide the service. The system, developed by the Central Bank of the UAE, allows the Ministry of Labor to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed-upon wages. The WPS covers all institutions registered with the Ministry across all sectors and industries and will benefit different categories of labor. The WPS reflects the UAE's leading position in the region, and will increasingly project the country as a model worth emulating in the following areas: Reiterating commitment to protect workers’ wages; Providing innovative solutions that help employers safeguard their own  interests and red...
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2 Things never to do with Liberty Reserve

Liberty Reserve, as much of a powerful business or money sending and receiving tool, is also a favourite place for hackers for the simple two things which one should avoid using. 1. never make the email used to open the liberty reserve visible 2. never type all passwords on same pc keep the email very secretive, once known, hackers can hack email ang get your passwords in no time. make email password alpha numeric and atleast 12-16 chars long. use always one time login which should always be done using 2 pcs use trusted antivirus softwares like kaspersky, avg, nod 32 etc. change passwords every few days. use virtual keyboard to type pasword by which you can avoid falling victim to keylogging softwares that steal your passwords. It's better to be safe than sorry. Business Cards, Envelopes, Brochures, Flyers - Printed and given Same Day - Best Rates - Free Design: www.isintfze.com

Get Ukash now with Liberty Reserve

Ukash can now be also purchased with Liberty Reserve, a popular e-currency. Buy and Sell Ukash at one of the leading authorized resellers on the web, www.istechsoft.com/ccpay.htm . Additional payment options are: purchase with credit cards through Liqpay, deposits in local banks if you are in UAE, through Xpress Money and ABT payment methods if you are in any of the GCC countries namely Qatar, Bahrain, Kuwait and Oman. In Saudi, payment can be deposited with any of the Al Rajhi banks or Al Mamoudi Exchange. They remit payment directly to us via UAE exchanges. Also payment can be sent via Western Union or lastly through bank wire to our UAE Bank accounts. Read more on www.istechsoft.com