When initiating an international wire transfer, many individuals find themselves uncertain about how to ensure the smooth delivery of funds. One crucial element in this process is the accurate use of SWIFT/BIC codes, particularly when sending money to institutions like United Bank for Africa PLC in Nigeria.
The correct SWIFT code for United Bank for Africa PLC is UNAFNGLA006 . This identifier must be used precisely when initiating transfers to this financial institution. The bank's physical address is located at 10 Industrial Road, Industrial Estate, Lagos, Lagos, 101233, Nigeria.
As international money transfers have grown increasingly complex in recent years, the importance of using proper SWIFT codes has become more pronounced. For instance, when transferring $10,000.00 USD to France, the recipient would typically receive approximately €8,458.00 EUR after conversion.
Accuracy in providing the SWIFT code during the transfer process helps prevent delays and potential complications. Using the correct code UNAFNGLA006 ensures funds reach their intended destination securely and efficiently. Financial experts emphasize the necessity of verifying SWIFT codes before initiating any international wire transfer to minimize errors and ensure a smooth transaction process.