In international financial transactions, safeguarding the security and speed of fund transfers to designated banks is paramount. One critical component in cross-border payments is the SWIFT code, a standardized identifier that facilitates seamless communication between banks and financial institutions worldwide. For instance, the SWIFT code UNAFNGLA 002 belongs to United Bank for Africa PLC (UBA) , headquartered at 97/105 Broad Street, Lagos, Nigeria, with the postal code 102263.
SWIFT codes, administered by the Society for Worldwide Interbank Financial Telecommunication, ensure the accurate routing of funds to the intended recipient. This is particularly vital for individuals and businesses engaged in international transfers. When sending money to UBA, providing the correct SWIFT code— UNAFNGLA 002 —is essential. Errors in the code may result in delays or even the loss of funds.
To guarantee the safety of your transfer, always verify the SWIFT code against reliable sources. Banks occasionally update their SWIFT information, so it is advisable to confirm the validity of UNAFNGLA 002 through UBA’s official website or by contacting the bank directly before initiating any transaction.
Precision is equally crucial when entering the SWIFT code during the transfer process. Even minor typographical errors can divert funds to incorrect accounts, creating unnecessary complications. For clients relying on timely transactions, such mistakes could prove costly.
In essence, UNAFNGLA 002 is more than a mere identifier—it serves as a bridge connecting senders to United Bank for Africa PLC, enabling efficient and secure cross-border payments. By double-checking the SWIFT code’s accuracy, you can ensure that every transaction is executed smoothly, allowing you to focus on your financial goals without concern.