Whether you call it Nigerian Banks Swift Code or Nigerian Banks BIC Code, they are all the same. If you ask what does Nigerian Swift code or BIC code stands for, know that in Nigeria, Swift code stands for Society for Worldwide Interbank Financial Telecommunication while BIC stands for Bank Identifier Code.
SWIFT code in Nigeria is used by worldwide financial institutions to identify each bank as well as securely send and receive financial transaction information. In this guide, you’ll be getting the list of all SWIFT Codes of Nigerian Banks.
Table of Contents
What is a bank SWIFT code in Nigeria?
The Nigerian SWIFT/BIC code consists of 8 to 11 characters and follows a format that identifies bank, country, location, and branch in Nigeria. The first four (4) letters represent the bank and usually look like an abbreviated version of the bank name in Niger.
These two letters indicate the country where the bank is located. If in Nigeria, Lagos State, you’ll see NGLA at the end of the Nigerian BIC code.
To further digest it, Swift code in Nigeria or a bank identifier code (BIC) is a unique identifier for a specific financial institution. A BIC/Swift code is composed of a 4-character bank code, a 2-character country code, a 2-character location code and an optional 3-character branch code.
Are you here to know the SWIFT Codes for banks in Nigeria? Or asking does Nigerian banks use SWIFT code? See below how do I find my bank’s SWIFT code in Nigeria.
List of all Nigerian Banks SWIFT Code
Below is the complete list of all Nigerian Bank Identifier Codes or Swift Codes in Nigeria.
|Banks in Nigeria||Banks Swift Code/BiC Nigeria||City in Nigeria|
|Access Bank PLC SWIFT Code||ABNGNGLA||Lagos|
|African Export-Import Bank BIC Code||AFXMNGLA||Abuja|
|Asset Management Corporation of Nigeria SWIFT Code||AMNGNGLA||Abuja|
|Bank of Industry Financial Department BIC Code||BOIYNGLA||Lagos|
|Central Bank of Nigeria SWIFT Code||CBNINGLA||Lagos|
|Central Securities Clearing System PLC BIC Code||CSCYNGLA||Lagos|
|CitiBank SWIFT Code||CITINGLA||Lagos|
|Coronation Merchant Bank Limited BIC Code||CMBBNGLA||Lagos|
|Diamond Bank SWIFT Code||DBLNNGLA||Lagos|
|Ecobank SWIFT Code||ECOCNGLA||Lagos|
|FBN Merchant Bank Limited BIC Code||KDHLNGLA||Lagos|
|Fidelity Bank SWIFT Code||FIDTNGLA||Lagos|
|First Bank PLC SWIFT Code||FBNINGLA||Lagos|
|FCMB SWIFT Code||FCMBNGLA||Lagos|
|FSDH Merchant Bank Ltd BIC Code||FSDHNGLA||Lagos|
|Guaranty Trust Bank SWIFT Code||GTBINGLA||Lagos|
|Heritage Bank SWIFT Code||HBCLNGLA||Lagos|
|JAIZ Bank SWIFT Code||JAIZNGLA||Lagos|
|Keystone Bank SWIFT Code||PLNINGLA||Lagos|
|Nigerian Export Import Bank BIC Code||NEXMNGLA||Lagos|
|Providus Bank PLC SWIFT Code||UMPLNGLA||Lagos|
|RAND Merchant Bank Nigeria Limited BIC Code||FIRNNGLARMS||Lagos|
|Skye Bank PLC SWIFT Code||PRDTNGLA||Lagos|
|Stanbic IBTC Bank PLC SWIFT Code||SBICNGLB||Lagos|
|Standard Chartered SWIFT Code||SCBLNGLA||Lagos|
|Sterling Bank PLC SWIFT Code||NAMEGLA||Lagos|
|SunTrust Bank Nigeria Limited BIC Code||SUTGNGLA||Lagos|
|Union Bank SWIFT Code||UBNINGLA||Lagos|
|UBA SWIFT Code||UNAFNGLA||Lagos|
|Zenith Bank PLC SWIFT Code||ZEIBNGLA||Lagos|
|Wema Bank PLC SWIFT Code||WEMANGLA||Lagos|
|Venture Garden Nigeria Limited SWIFT Code||VEGNNGLA||Lagos|
|Africa Finance Corporation BIC Code||AFFCNGLA||Lagos|
|TAJ Bank SWIFT Code||TAJJNGLA||Abuja|
|Titan Trust Bank Limited BIC Code||TTRUNGLA||Victoria Island|
Find in the above table list of SWIFT codes for banks in Nigeria. These SWIFT codes are only the active participants banks in Nigeria who are connected to SWIFT network. Note that passive participants banks BIC codes Nigeria are excluded from the list.
From the above, you can see that both Swift code in Nigeria and BIC code are the same and can be used interchangeably. And that the Swift code or Bank Identifier Code (BIC) is used by worldwide financial institutions to identify each banks.
Also, to securely send and receive financial transaction information worldwide. Therefore, when carrying out banking transactions internationally while in Nigeria or other countries, there is every tendency that you might be asked for Swift code or BIC if in Nigeria.