SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunication. The SWIFT code hence, is a unique code that identifies each bank irrespective of size or location. It is also known as BIC which stands for Business Identification Code.
ABNGNGLAXXXFor Access Bank Nigeria PLC, the SWIFT CODE is ABNGNGLAXXX. This code is for the headquarters of Access Bank in Victoria Island, Lagos and differs from one branch to another. The first four letters of the code (ABNG) are known as the bank code, the consecutive two letters signify the country code (which is Nigeria in this case), and the next two letters point us to the state which is Lagos in this scenario and the final three letters (XXX) signifies the branch code.
To receive money from overseas using Access Bank, it is better to open a domiciliary account. You can walk into any branch of Access Bank and request to see a marketer to make enquiries about their domiciliary account packages. It should be a no-deposit account opening or it might require a deposit of around 10 – 50 Euros or Dollars. You would also be required to get two referees who are current account holders in Access Bank or corporate account holders from other banks. You should get the referees from Access Bank because that saves you a lot of interbank e-reference brouhaha.
You would also be needing a valid means of identification, a passport photograph and any utility bill not more than three months old. If you insist on receiving the inflow with your naira account, you may not get a better value for your money. This is because the bank has a lower exchange rate and you might get to lose more.
When you use ABNGNGLAXXX as your SWIFT code, the inflow is sent to the headquarters of Access Bank PLC in Lagos where the funds would be applied to your account. If there are issues with the inflow, you must contact the head office before it can be rectified. A branch cannot rectify the issue for you because they did not apply the inflow for you.
To get the SWIFT code of any Access Bank branch in Nigeria, walk in and request to see the customer service or FX teller. Ask them to provide you with their branch’s SWIFT code and they’ll be glad to give it to you. When the inflow is sent, you can follow up with the branch on the progress and rectify issues easily.
FREQUENTLY ASKED QUESTIONS ON ACCESS BANK NIGERIA PLC SWIFT CODE
The SWIFT CODE for ACCESS BANK NIGERIA PLC is ABNGNGLAXXX.
Yes, the Business Identification Code is the same as the SWIFT Code.
It could take 2 to 7 working days for money wired into your Access Bank account to reflect. It depends on a lot of circumstances though. In a case where you have a fully functional domiciliary account, it takes about two working days. If you do not have a domiciliary account, your account officer might be contacted regarding how best to credit your funds (whether to credit you in the naira equivalent or request you open a domiciliary account). If your account officer does not contact you, it means you might be getting paid the naira equivalent.
The Bank Address for Access Bank Nigeria PLC is 999C DANMOLE STREET, OFF IDEJO STRE, VICTORIA ISLAND, Nigeria.
No. Receiving an inflow is free, but ACCESS BANK NIGERIA PLC charges a fee when you withdraw your funds. The fees charged are very low and range from cents to a few dollars depending on how much you wanna withdraw.
You can access your Domiciliary funds through the Access More mobile app. You can transfer your dollars and euros to other people using Access Bank. However, you cannot transfer it to other banks. You can also access your funds by requesting a Visa Gold Card linked to your domiciliary account in real-time. This allows you to withdraw and transact globally.
From my experience, the best way to contact Access Bank customer support is through a telephone call. The Access Bank hotline is 07003000000. Alternatively, you can chat with a support agent inside the Access More app by going to the Support tab and clicking on Livechat. You can also reach out to Access Bank on Facebook and Twitter (X) as all these methods have been a great way of connecting with them.