All Nigerian Bank Swift Codes (BIC) 2020

All Nigerian Bank Swift Codes (BIC) 2020

February 11, 2020 0 By Mr Kings

You might have come across a section several times when filling a bank transfer form where you have to input the SWIFT code of the bank. Some times you begin to wonder how you can get the correct SWIFT code of your bank as you wouldn’t want any wrong info to disrupt your transaction.

What is Swift Code (Bank Identifier Code)

Swift code is a unique identifier assigned to financial institutions around the world. This code is often needed to send and receive money outside your country or in foreign currencies. You need will need your local bank swift code if you are planning to use the account for transaction outside Nigeria or in foreign currencies.

Swift code is different from Sort Codes and most people still refer to it as swift code but it has since been standardized as BIC (Bank Identifier Code).

This code was introduced by an organization called SWIFT (Society for Worldwide Interbank Financial Telecommunication). It is a congregation that has almost all the banks in world has its member.

Difference Between Swift Code and Sort Code

Although both SWIFT and Sort Code are use to identify a bank, their difference lies mainly in their usage. SWIFT code is use mostly to identify a bank’s head office in international transactions, while Sort Code is use to identify a specific bank branch in local transactions.
Also, SWIFT codes are usually 8 or 11 characters long and are alphanumeric (it can contain both numbers and letters). While Sort Codes are 6 characters long and strictly contain numbers only.

Unlike Sort codes, only the headquarters of a bank are assigned swift codes. Although, there are claims that each branches of a branch have their own bic codes but i find that to be irrelevant.

However, it doesn’t matter whether relevant or not, because Swift codes are used for international transaction and only the headquarters BIC are used in most cases.

Most banks in Nigeria has only one known (atleast to the customers) swift codes while couple others has for both Lagos and Abuja head offices.

Ie: Zenith swift code is 8 characters for the main headquarter and 11 characters for Abuja head office. Here’s the breakdown:

  • The first 4 digit (ZEIB) is zenith bank unique code.
  • Followed by 2 digit (NG) which represent the country (Nigeria).
  • Then the next 2 digit (LA) represents the head office location (Lagos).

Which was how ZEIBNGLA is the swift code of zenith bank plc Lagos, Nigeria.

The Abuja branch however has an extension of 3 digit (013). Meaning Zenith Abuja BIC code is ZEIBNGLA013.

Even as such, the main headquarter (Lagos) swift code is often used.

All Nigerian Banks Swift Codes 2020




Banks in Nigeria

Swift Codes

2.Central Bank of NigeriaCBNINGLA
4.Diamond Bank PLCDBLNNGLA
5.Fidelity Bank PLCFIDTNGLA
6.First City Monument Bank PLC (FCMB)FCMBNGLA
7.First Bank Nigeria LimitedFBNINGLA
8.Guaranty Trust Bank PLCGTBINGLA
9.Skye Bank Swift CodePRDTNGLA
10.Union Bank of Nigeria PLCUBNINGLA
11.United Bank of Africa (UBA)UNAFNGLA
12.Citibank Nigeria LimitedCITINGLA
13.Ecobank Nigeria PLCECOCNGLA
14.Heritage Bank LimitedHBCLNGLA
15.Keystone Bank LimitedPLNINGLA
17.Standard Chartered Bank LimitedSCBLNGLA
18.Sterling Bank PLCNAMENGLA
21.Suntrust Bank Nigeria LimitedSUTGNGLA
22.Providus Bank PLCUMPLNGLA
23.Coronation Merchant BankADHLNGLA
24.Fbn Merchant BankKDHLNGLA
25.Fsdh Merchant BankFSDHNGLA
26.Rand Merchant BankFIRNNGLA
27.Jaiz Bank LimitedJAIZNGLA


Swift code is an easy way to receive payments from other countries and process your international payments automatically, making them faster, safer and cheaper.
It also helps you avoid extra charges, delays and queries.

If you’re not sure about any of the swift code details you’re using, get in touch with the bank or financial institution in question. They should be able to give you the right information.