RAND MERCHANT BANK NIGERIA LIMITED, LAGOS - SWIFT/BIC Code

RAND MERCHANT BANK NIGERIA LIMITED, LAGOS - SWIFT Code Information

SWIFT Code / BIC
FIRNNGLARMS
Bank / Institution
RAND MERCHANT BANK NIGERIA LIMITED
Address
City
LAGOS
Postcode
Country
Nigeria
Connection
Active
FIRNNGLARMS - SWIFT Code Breakdown
SWIFT Code
FIRNNGLA or FIRNNGLARMS
Bank Code
FIRN - code assigned to RAND MERCHANT BANK NIGERIA LIMITED
Country Code
NG - code belongs to Nigeria
Location & Status
LA - represents location, second digit means active code
Branch Code
RMS or not assigned, indicating this is a head office
Head Office
FIRNNGLA - primary office of RAND MERCHANT BANK NIGERIA LIMITED, Nigeria

What is a SWIFT Code FIRNNGLARMS?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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