Free directory of all 71 correspondent bank SWIFT/BIC codes registered in NIGERIA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Nigeria's financial system is anchored by the CBN-operated RTGS and the NIBSS (Nigeria Interbank Settlement System) instant payment infrastructure. GTBank (Guaranty Trust), Zenith Bank, First Bank, and Access Bank process the majority of diaspora remittances, which exceed $20 billion annually and represent Nigeria's largest single source of foreign exchange. CBN forex management policies can affect settlement timing for naira-denominated inward transfers.
| RTGS / Settlement System | RTGS (NIBSS Real-Time Gross Settlement System) |
|---|---|
| Currency | NGN — Nigerian Naira |
| Central Bank | Central Bank of Nigeria (CBN) |
| Typical SWIFT Timing | 2–5 days (international SWIFT) |
Most international SWIFT wires arrive in Nigeria within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Nigeria processes large-value interbank settlements through RTGS/NIBSS. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is NGN — Nigerian Naira. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 71