SWIFT/BIC code NIDBNGL1XXX
NIDBNGL1XXX belongs to Nigerian Industrial Development Bank LTD in Lagos, Nigeria.
Code details
| SWIFT/BIC code | NIDBNGL1XXX |
|---|---|
| 8-character code | NIDBNGL1 |
| Branch code | XXX |
| Bank | Nigerian Industrial Development Bank LTD |
| Branch | Head office |
| City | Lagos |
| Country | Nigeria |
How the Nigerian Industrial Development Bank LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- NIDB Bank code
- 4 letters that identify the bank.
- NG Country code
- 2 letters for the country (ISO 3166).
- L1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank is behind SWIFT/BIC code NIDBNGL1XXX?
The code NIDBNGL1XXX belongs to the main office of Nigerian Industrial Development Bank LTD in Lagos, Nigeria. It is the code to use when a payment to Nigerian Industrial Development Bank LTD does not need a specific branch.
Which details do I need for a transfer to an account at Nigerian Industrial Development Bank LTD?
Have ready the SWIFT/BIC code NIDBNGL1XXX, the account number or IBAN of the recipientand the name of the account holder. Nigeria is not part of SEPA, so always include the BIC.
What does each part of NIDBNGL1XXX mean?
NIDB is the bank code of Nigerian Industrial Development Bank LTD, NG is the ISO code of Nigeria, L1 is the code for the city or region and XXX means the head office.
How long does it take to send money to Nigerian Industrial Development Bank LTD?
A SWIFT payment typically takes 2–5 business days, because of correspondent banks and time zones. Specialist transfer services are often quicker than a bank.
Are NIDBNGL1 and NIDBNGL1XXX the same code?
Yes, they are. NIDBNGL1 is the 8-character version of NIDBNGL1XXX. The XXX at the end only means head office, so both routes your payment to Nigerian Industrial Development Bank LTD in Lagos.
Does Nigerian Industrial Development Bank LTD have a single SWIFT/BIC code?
Yes – NIDBNGL1XXX is the only SWIFT/BIC code we have for Nigerian Industrial Development Bank LTD in Nigeria, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.