Technology

What is Access Bank SWIFT code/SWIFT BIC?

What is Access bank SWIFT code or BIC? If you are looking for it, we will show you in this post. Access is one of the leading financial institutions in Nigeria. They recently merged with Diamond bank bringing all customers from the latter to them. If you want to receive a wire transfer from a foreign account, you are required to provide your SWIFT code or otherwise known as SWIFT BIC sometimes. Banks also use these codes for exchanging messages between them.

What does SWIFT represent?

SWIFT is an acronym for The Society for Worldwide Interbank Financial Telecommunication. According to Wikipedia, this society “provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment. SWIFT also sells software and services to financial institutions, much of it for use on the SWIFTNet network, and ISO 9362. Business Identifier Codes (BICs, previously Bank Identifier Codes) are popularly known as “SWIFT codes“.

So, where does SWIFT code/BIC comes into play?

What is a SWIFT Code/BIC?

A SWIFT code is a standard format for Business Identifier Codes (BIC). It’s used to identify banks and financial institutions globally. It says who and where they are — a sort of international bank code or ID.

Access Bank SWIFT code/SWIFT BIC and Necessary Information

Now that you are familiar with what it means, we will show you Access bank SWIFT code or BIC, they mean the same thing. It is important not to also confuse SWIFT code with sort code.

Irrespective of where you opened your Access bank account in Nigeria, they all have one SWIFT code which is the same. So, whether you opened your account in Ibadan, Uyo, Abuja, Lokoja, Lagos or Sokoto, Access bank maintains one uniform code.

Access bank SWIFT code is ABNGNGLA.

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