United Bank for Africa Plc Swift Code Details and Payment Process

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The United Bank for Africa Plc Swift Code is UBAA NG LL. This is a unique identification code used for international wire transfers.

To make a payment using the UBA Plc Swift Code, you'll need to provide the recipient's account details, including their name and account number.

The Swift Code is usually used in conjunction with the IBAN (International Bank Account Number) to facilitate international payments.

You can find the IBAN for UBA Plc by contacting their customer service or checking your account statement.

What is Swift Code?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch.

SWIFT codes comprise of 8 or 11 characters, with all 11 digit codes referring to specific branches, and 8 digit codes (or those ending in 'XXX') referring to the head or primary office.

The format of a SWIFT code is AAAABBCCDDD, where:

  • First 4 characters are the bank code (only letters)
  • Next 2 characters are the ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters are the location code, with a passive participant having "1" in the second character (letters and digits)
  • Last 3 characters are the branch code, optional, with 'XXX' for primary office (letters and digits)

SWIFT codes are used when transferring money between banks, particularly for international wire transfers, and banks also use these codes for exchanging messages between them.

UBA Swift Code Details

Credit: youtube.com, EASIEST Way To Get Swift/BIC Code Of Any Bank || How To Find SWIFT or BIC Code For Banks

The United Bank for Africa PLC SWIFT code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch.

A SWIFT code is an 8-11 character code that identifies your country, city, bank, and branch.

The code is made up of four parts: bank code, country code, location code, and branch code.

Here's a breakdown of the code:

  • Bank code: A-Z, 4 letters representing the bank
  • Country code: A-Z, 2 letters representing the country the bank is in
  • Location code: 0-9, A-Z, 2 characters made up of letters or numbers, indicating where the bank's head office is
  • Branch Code: 0-9, A-Z, 3 digits specifying a particular branch, 'XXX' represents the bank's head office

For example, the SWIFT code UNAFNGLA can be broken down into:

  • Bank code: UNAF
  • Country code: NG
  • Location code: LA
  • Branch code: 088

It's worth noting that sometimes, you can use the first 8 symbols (without the branch code) for a SWIFT funds transfer, but it's always best to double-check with the bank to ensure you have the correct code.

Swift Code Usage

SWIFT codes are used for international wire transfers and exchanging messages between banks.

You can use the first 8 symbols of a SWIFT code without the branch code for a SWIFT funds transfer.

For example, the first 8 symbols of the UNITED BANK FOR AFRICA PLC SWIFT code are UNAFNGLA.

Credit: youtube.com, How To Use SWIFT Code To Transfer Money (How To Make Money Transfer With SWIFT Code)

Banks usually rely on their own or centralized reference data (SWIFTref) for sending SWIFT payments, so you can send payments to UNITED BANK FOR AFRICA PLC without specifying correspondent banks.

However, if you want to manually choose a correspondent bank, you can order information about correspondent banks or request it from the customer service of UNITED BANK FOR AFRICA PLC.

Understanding Swift Code

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch.

SWIFT codes are used when transferring money between banks, particularly for international wire transfers, and banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters.

The format of a SWIFT code is: AAAABBCCDDD, where:

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

For example, the SWIFT code UNAFNGLA has the following components:

  • Bank code: UNAF
  • Country code: NG
  • Location code: LA
  • Branch code: 088

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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