Standard Chartered Nigeria Clarifies SWIFT Code Usage

Understanding and correctly using the SWIFT code SCBLNGLAPYT of Standard Chartered Bank Nigeria Limited is crucial for ensuring the accuracy of international transfers. This article details the importance of bank information and SWIFT codes.
Standard Chartered Nigeria Clarifies SWIFT Code Usage

When conducting international money transfers, uncertainty about banking details can create confusion. For clients looking to initiate cross-border transactions with Standard Chartered Bank Nigeria Limited, understanding and accurately using the correct SWIFT code is essential.

The SWIFT code for Standard Chartered Bank Nigeria Limited is SCBLNGLAPYT . This unique identifier is assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to ensure secure and precise transactions. Proper use of the SWIFT code guarantees that funds are routed correctly to the intended bank.

Bank Details

  • Bank Name: Standard Chartered Bank Nigeria Limited
  • City: Victoria Island
  • Address: 105B Ajose Adeogun Street, Unitrust House, Victoria Island, Lagos, 106104
  • Country: Nigeria

Using the correct SWIFT code is critical when transferring funds through the international banking system. SCBLNGLAPYT specifically identifies Standard Chartered Bank Nigeria Limited, ensuring that every transaction reaches the correct bank and branch without errors.

SWIFT codes typically consist of 8 to 11 alphanumeric characters, enabling banks and financial institutions worldwide to accurately identify a specific bank and its location during international transactions. Before initiating any transfer, it is advisable to verify that the SWIFT code matches the recipient bank to prevent delays or misdirected funds.

When to Use SCBLNGLAPYT

Whether for trade payments, personal remittances, or other cross-border transactions, SCBLNGLAPYT is indispensable when sending funds to Standard Chartered Bank Nigeria Limited. To expedite processing, ensure all recipient banking details are prepared in advance.

Accuracy in international fund transfers is paramount. By using the correct SWIFT code, senders enhance both the precision and security of transactions. Choosing a trusted bank and providing clear transaction details are fundamental to seamless payments.

In future transactions, incorporating SCBLNGLAPYT not only aligns with global financial standards but also reinforces the security of your funds.