In global financial transactions, selecting a reliable bank is a fundamental requirement for businesses and individuals alike. Ensuring the secure and timely transfer of funds to intended accounts hinges on understanding a bank’s SWIFT/BIC code—a critical identifier that minimizes uncertainty in cross-border payments. For United Bank for Africa PLC (UBA) , a leading financial institution in Africa, this code is UNAFNGLA008 .
Decoding the SWIFT/BIC System
The SWIFT/BIC code UNAFNGLA008 is uniquely assigned to UBA for international wire transfers and interbank transactions. This alphanumeric sequence serves as a precise identifier: the first four characters ( UNAF ) represent the bank’s name, the next two letters ( NG ) denote its country (Nigeria), and the remaining characters specify the branch location and operational details.
Headquartered at 86 Murtala Mohammed Way, Lagos, Nigeria (postal code 100272), UBA exemplifies both international reach and domestic prominence. Its SWIFT code ensures accurate fund routing, mitigating risks of errors that could delay transactions or incur losses.
Why SWIFT/BIC Codes Matter
As the universal standard for interbank communication, SWIFT/BIC codes underpin the liquidity and security of cross-border finance. Their use spans nearly all international payments—whether for corporate disbursements or personal remittances. Correctly inputting these codes is non-negotiable for seamless transactions.
UBA proactively updates and validates its SWIFT/BIC information to align with evolving global banking standards. This diligence guarantees clients uninterrupted, secure transfers, regardless of their location. By simply referencing UNAFNGLA008 , senders can confidently direct funds to UBA’s network.
A Tool for Financial Confidence
Beyond functioning as a transactional "passport," SWIFT/BIC codes like UNAFNGLA008 empower users to navigate international finance with precision. When evaluating banking partners, verifying these identifiers should be a priority to ensure frictionless transactions.
Staying informed about SWIFT/BIC protocols enhances one’s ability to manage global financial flows efficiently—a necessity in an interconnected economy.