Did you know that Nigeria’s banking sector processes billions of dollars in international transactions annually? In fact, according to the Central Bank of Nigeria (CBN), the country’s foreign exchange inflows reached over $25 billion in 2023 alone and this surge was largely influenced by SWIFT transactions.
SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network. This plays a crucial role in Nigeria’s financial ecosystem, it enables secure and efficient cross-border payments.
Guess what?
Without SWIFT codes, international wire transfers would be nearly impossible, this would cause unexpected delays and financial losses for businesses and individuals alike.
Over 24 commercial banks are operating in Nigeria and each institution has a unique SWIFT code that ensures seamless identification and transaction processing.
Why the Need for SWIFT code?
You need Swift code for the following reasons:
- Receiving funds from abroad
- Making international payments
- Conducting forex transactions and more.
This guide is here to provide you with a comprehensive list of all Nigerian banks and their SWIFT codes. This will make it easy for you to process global transactions without confusion.
Nigerian Banks and Their SWIFT Codes
| Bank Name | SWIFT Code |
|---|---|
| Access Bank Plc | ABNGNGLA |
| Citibank Nigeria Limited | CITINGLA |
| Ecobank Nigeria Plc | EBLNNGLA |
| Fidelity Bank Plc | FIDTNGLA |
| First Bank of Nigeria Limited | FBNINGLA |
| First City Monument Bank Plc | FCMBNGLA |
| Globus Bank Limited | GLBNNGLA |
| Guaranty Trust Bank Plc | GTBINGLA |
| Heritage Banking Company Limited | HBCLNGLA |
| Keystone Bank Limited | KEYTNGLA |
| Parallex Bank Limited | PARLNGLA |
| Polaris Bank Limited | POLYNGLA |
| Providus Bank Limited | PRDTNGLA |
| Stanbic IBTC Bank Plc | SBICNGLX |
| Standard Chartered Bank Nigeria Limited | SCBLNGLA |
| Sterling Bank Plc | STERLING |
| SunTrust Bank Nigeria Limited | SUNNNGLA |
| Taj Bank Limited | TAJBNGLA |
| Titan Trust Bank Limited | TTBNNGLA |
| Union Bank of Nigeria Plc | UBNINGLA |
| United Bank for Africa Plc | UNAFNGLA |
| Unity Bank Plc | ICITNGLA |
| Wema Bank Plc | WEMANGLA |
| Zenith Bank Plc | ZEIBNGLA |
If your bank swift code is not listed, feel free to reach out to Dailylight Channel Manager and we will update it with immediate effect.
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