Receiving a bank wire from a foreign destination into your FBN account is possible if you know the First bank of Nigeria SWIFT code. Similarly, it enables you to send money to overseas bank accounts.
Therefore in this writeup, you will know the first bank swift code to use for sending or receiving bank wire from foreign companies.
Basically the First bank SWIFT code enables you to easily send or transfer funds from a foreign destination into your local bank account.
It doesn’t matter the foreign companies you are receiving the funds from; even if the fund is in the USA, China, Canada, England, Australia, France, etc. you can receive them through the SWIFT BIC code for First bank Nigeria. Likewise, you can send money to any country in the world.
What is SWIFT code
A SWIFT code is an international bank code that identifies particular banks worldwide and it is also called BIC.
Commercial Banks use SWIFT codes to send money to overseas banks.
Basically SWIFT provides a network that enables financial institutions all over the world to send and receive information about financial transactions in a secure, standardized and reliable environment.
First Bank of Nigeria SWIFT Code
The First bank SWIFT code is FBNINGLA. This code is valid irrespective of the branch or the state where you opened your UBA Bank account.
|Company Name||First bank of Nigeria.|
|Headquarters||Samuel Asabia House 35 Marina, Lagos State, Nigeria.|
Check out: First Bank Transfer Code: Complete Guide On How To Activate & Use
People usually ask for the SWIFT BIC of the First Bank branch near them. In other words, they want to know the precise SWIFT BIC of the FBN branch where they opened an account.
Irrespective of the State in Nigeria you reside in such as Edo, Abuja, Lagos, Imo, Benin, Port-Harcourt, Enugu, Kaduna, etc. the SWIFT code you can use to receive bank wire from abroad is FBNINGLA. The SWIFT code is the same for every state.
Full meaning of all acronyms used
- BIC: Bank Identifier Code.
- SWIFT: Society for Worldwide Interbank Financial Telecommunications.
- FBN: First bank of Nigeria.