CBN Bank Codes In Nigeria( List Of All Bank Codes)

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With the overbearing need for better and faster banking services, CBN bank codes have become a payment method that has come to stay. Its increasing potential makes banking easy.

Your presence in the bank is not necessary to perform most transactions. Instead, your phone holds the key for almost all day-to-day banking needs. All you need to know are the different CBN bank codes in Nigeria. 

CBN Bank Codes In Nigeria

There are different bank codes in Nigeria, depending on your bank. These codes help you perform money transfers or deposits to all financial institutions without needing your physical presence. You can use the bank codes to perform transactions such as money transfers, bills, utility payments, airtime recharge, and identify your bank.

CBN bank code is a three-digit number used to identify the different financial institutions in Nigeria. You can use these codes to conduct both local and international transactions. These codes are specific to each financial institution and serve as an identifier. CBN bank codes in Nigeria include the following:

  • Access Bank: 044
  • Diamond Bank: 063
  • Ecobank: 050
  • Enterprise Bank: 084
  • Fidelity Bank: 070
  • First Bank Of Nigeria: 011
  • First City Monument Bank: 214
  • Guaranty Trust Bank: 058
  • Heritage Bank Company: 030
  • Jaiz Bank: 301
  • Keystone Bank: 082
  • Mainstreet Bank: 014
  • Skye Bank: 076
  • Stanbic Bank: 031
  • Steering Bank: 232
  • Union Bank: 032
  • United Bank Of Africa: 033
  • Unity Bank: 215
  • Wema Bank: 035
  • Zenith Bank International: 057

These three-digit codes are all unique to the banks they belong. The Central Bank of Nigeria issues the codes as a means of identification from anywhere in the world. You can find your bank code from your bank website or by requesting it over the counter.

List Of All Bank USSD Code

USSD codes are a series of characters usually made up of numbers. You can use the code to perform some banking transactions that would have previously required you to go to the bank.

These transactions include transferring or depositing money from one bank account to another, buying airtime, purchasing mobile data, and buying utilities. You must dial the code from your mobile phone and follow the prompts. You do not need the internet for this transaction.

The advantage of using a USSD code is its simplicity. All you require is a mobile device or phone. The codes usually start with a star character and end with the hashtag one. Below is a list of Nigerian banks and their USSD codes alphabetically:

By dialling these codes, depending on your bank, you can perform a speedy transfer, utility purchase, or airtime purchase from your phone at any location provided a local network provider is available. The implementation of these codes is banking made easy.

Source: YouTube.  Nigerian Banks USSD codes.

What Is My Bank Code

Your bank code is an identification code that you can use for electronic money transfers. The code differs according to your country and is made up of alphabets or numbers. Your bank code is like your address with your financial institution. They are two types of bank codes, they include:

●    National Code

The National code differs from one country to another and is referred to by different names in other countries.

●    Swift Code

The Swift code is necessary for international transfers. Another name for the Swift code is Bank International Code (BIC). This code is of an international standard.

You can find your bank code by requesting it from your bank or visiting your website.

Difference Between IBAN and Swift Code

IBAN is your international bank account number. It is a set of numbers and characters that contain information about your bank, country, branch, and account number. The IBAN is essential for proper international transactions. It has about thirty-four digits of both numbers and letters.

While Swift code is a set of characters used for international transfers, it makes international transfers easy by guiding your money to arrive at the right bank and branch. The Swift code contains only your bank details and has only eight to eleven characters.

You must know your bank code. It is essential for all international transactions you will conduct. You will need both the IBAN and Swift codes to receive money internationally.

Conclusion

CBN bank codes in Nigeria are available to make banking easier for you. For example, if you want to make fast transfers or utility purchases, use the USSD codes. Most importantly, we advise you to keep the codes that are not public knowledge private to avoid illegal transactions or fraud.

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