What is IBAN and SWIFT Code for GTBank?
International Bank Account Number (IBAN) and Society for Worldwide Interbank Financial Telecommunication (SWIFT) code are essential for global banking transactions. GTBank, one of Nigeria’s leading banks, offers its customers the convenience of international banking. In this article, we will discuss what IBAN and SWIFT code are, and provide the specific details for GTBank.
An IBAN is a unique identifier for a bank account across international borders. It is a standard format for bank account numbers, and it helps in speeding up the processing of cross-border payments. The IBAN consists of up to 34 characters, including letters and numbers, and is divided into two parts: the country code and the bank account number.
The SWIFT code, on the other hand, is a unique identification code for a financial institution. It is used to facilitate the transfer of money between banks worldwide. The SWIFT code consists of 8 to 11 characters, including letters and numbers, and is divided into three parts: the bank code, the country code, and the location code.
Now, let’s look at the IBAN and SWIFT code for GTBank:
IBAN: NG26 0111 1000 0010 0132 05
SWIFT Code: GTBN9NLX
These codes are essential for making and receiving international transfers through GTBank. Customers should ensure that they provide the correct IBAN and SWIFT code to avoid any delays or errors in their transactions.