Going global with your banking can feel like cracking a secret code. At the center of this is the SWIFT code, a unique identifier vital for moving money across borders. If you need to transfer funds to Nigerian banks, knowing these codes is essential. Whether you’re searching for a specific bank like Opay, Access Bank, or Zenith in Lagos, or need a full list, understanding how to find and use SWIFT codes is key. By the end, terms like “SWIFT code for First Bank Nigeria” or “Zenith Bank Lagos SWIFT code” will be clear and actionable.
SWIFT Codes in Nigerian Banking
International transfers rely on accuracy, and SWIFT codes ensure funds reach the intended bank without detours.
What Is a SWIFT Code?
A SWIFT code—Society for Worldwide Interbank Financial Telecommunication—is an 8 to 11-character identifier used to direct money to the correct bank and branch. Think of it as GPS for banking.
Breaking Down the Code:
- Bank Code (4 letters): Identifies the bank.
- Country Code (2 letters): Denotes the country.
- Location Code (2 characters): Specifies the city.
- Branch Code (3 characters, optional): Points to a particular branch.
Example: FBNINGLA
- FBNI = First Bank of Nigeria
- NG = Nigeria
- LA = Lagos
Why It Matters in Nigeria
If someone abroad is sending you money, your bank’s SWIFT code ensures it lands correctly. Using the wrong code can delay transactions or cause returns.
Major Nigerian Banks and Their SWIFT Codes
| Bank Name | SWIFT Code |
|---|---|
| Central Bank of Nigeria (CBN) | CBNINGLG |
| Access Bank | ABNGNGLA |
| EcoBank | ECOCNGLA |
| Fidelity Bank | FIDTNGLA |
| First Bank | FBNINGLA |
| FCMB | FCMBNGLA |
| Globus Bank | GLOUNGLA |
| Guaranty Trust Bank (GTB) | GTBINGLA |
| Heritage Bank | HBCLNGLA |
| Keystone Bank | PLNINGLA |
| Polaris Bank | PRDTNGLA |
| Providus Bank | UMPLNGLA |
| Stanbic IBTC | SBICNGLX |
| Sterling Bank | NAMENGLA |
| United Bank for Africa (UBA) | UNAFNGLA |
| Union Bank | UBNINGLA |
| Unity Bank | ICITNGLA |
| Wema Bank | WEMANGLA |
| Zenith Bank | ZEIBNGLA |
Most codes correspond to the bank’s head office. Some branches may have an extra three-digit identifier. Confirm with your bank before transferring money internationally.
How to Find Your Bank’s SWIFT Code:
- Official Website: Many banks list their SWIFT codes under ‘Contact’ or ‘FAQ.’
- Bank Statements: Often printed directly on statements.
- Customer Service: A quick call can provide the correct code.
- Online Directories: SWIFT code databases are searchable online.
Quick Facts:
- Branch Variation: Some banks have one SWIFT code for all branches; others assign unique codes per branch.
- Uniqueness: Each SWIFT code is exclusive to its bank or branch, ensuring precise identification.
Article updated 1 week ago. Content is written and modified by multiple authors.
