What Is Nigerian Bank Swift Code

Maybe you might be hearing about bank swift code which enables Nigerians to receiving money across the country or continent.

    What Is Bank Swift Code?.

   In Nigeria today, people have been unable to understand the meaning of swift code.

     Bank swift code is just an international bank bank code that can be used to track and identify the particular bank worldwide. Its Also Known as Bank Identification Number (BIC). 

   Normally every bank swift code must be eight characters. Regarding to some information on commbank's official site

   
  
   Other terms that can be used by banks includes:

> CHIPS (Clearing House Inter-Bank
Payment System) – US and Canada only

> NCC (National Clearing Code)

> BSC (Bank Sort Code)

> IFSC (Indian Financial System Code).

  
   Also Read: About IBAN.

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