Number of Digits in a Bank Account
The key to a successful ePayment i.e RTGS/NEFT/ECS/Direct Credit is the beneficiary’s correct account number. Hence, it is of utmost for the sender to satisfy himself/herself, about the correctness of the beneficiary’s account before initiating a ePayment.
Fortunately, in all Internet Banking Modules, the Beneficiary details have tobe entered only once, and stored for future utilization.
The best technique to conform the beneficary’s account number is a copy of the Cheque leaf of the beneficiary’s bank account.
The number of digits in a Bank Account varies from Bank to Bank. However, in a Core Banking Scenario (CBS), the Bank account numbering style is common across the Bank.
Please find enclosed Details of Length of Account Numbers in Digits of few Banks.
This will help the Senders to have a quick check as to whether the receiver is providing the correct Bank account number or not.
Of course, the standard Disclaimer applies to this Post too.
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