SWIFT/BIC code SBICNGLXXXX
SBICNGLXXXX belongs to Stanbic Ibtc Bank PLC in Lagos, Nigeria.
Code details
| SWIFT/BIC code | SBICNGLXXXX |
|---|---|
| 8-character code | SBICNGLX |
| Branch code | XXX |
| Bank | Stanbic Ibtc Bank PLC |
| Branch | Head office |
| City | Lagos |
| Country | Nigeria |
The way the Stanbic Ibtc Bank PLC SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SBIC Bank code
- 4 letters that identify the bank.
- NG Country code
- 2 letters for the country (ISO 3166).
- LX 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 institution is behind SWIFT/BIC code SBICNGLXXXX?
SBICNGLXXXX is the SWIFT/BIC code of the head office of Stanbic Ibtc Bank PLC in Lagos, Nigeria. It is the code to use when you send money to an account at Stanbic Ibtc Bank PLC.
What do the letters in SBICNGLXXXX mean?
SBIC is the institution code of Stanbic Ibtc Bank PLC, NG is the ISO code of Nigeria, LX is the location code and XXX marks the main office.
Which details do I need to send money to an account at Stanbic Ibtc Bank PLC?
You need the SWIFT/BIC code SBICNGLXXXX, the IBAN or local account number of the recipientand the name of the account holder. Nigeria uses international SWIFT transfers, so always include the BIC.
How long does a transfer to Stanbic Ibtc Bank PLC take in Nigeria?
A SWIFT payment usually takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
What happens if I use SBICNGLXXXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check SBICNGLXXXX against the details from Stanbic Ibtc Bank PLC before sending.
What is the cheapest way to send money to Stanbic Ibtc Bank PLC in Nigeria?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Nigeria with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.