The NIBSS code, also known as the Nigeria Inter-Bank Settlement System code, is used for several purposes in Nigerian banking, primarily related to electronic transfers and account validation. The code is essential for sending and receiving funds electronically between accounts held in different Nigerian banks. When initiating a transfer, you'll typically provide the recipient's NIBSS code along with their account number. This code ensures the smooth routing of funds between banks.
Some Nigerian banks utilize the NIBSS code for account verification processes. This can occur during online or mobile banking transactions where the system might check the NIBSS code to confirm the existence and validity of the beneficiary account before proceeding with the transfer.
By employing NIBSS codes, Nigerian banks add an extra layer of security to electronic transactions. It helps prevent fraudulent transfers by ensuring funds are directed to the intended recipient's bank.
In essence, the NIBSS code acts as a unique identifier for banks within the Nigerian Inter-Bank Settlement System, streamlining and securing electronic fund transfers between different financial institutions.
Here is the list of banks classified into Commercial Banks, Fintechs, and Microfinance Banks along with their sort/NIBSS codes:Commercial Banks
Bank Name | Sort/NIBSS Code |
---|---|
ACCESS BANK | 000014 |
CITI BANK | 000009 |
DIAMOND BANK | 000005 |
ECOBANK BANK | 000010 |
FCMB | 000003 |
FIDELITY BANK | 000007 |
FIRST BANK OF NIGERIA | 000016 |
GLOBUS BANK | 000027 |
GTBANK PLC | 000013 |
HERITAGE | 000020 |
JAIZ BANK | 000006 |
KEYSTONE BANK | 000002 |
LOTUS Bank | 000029 |
PARALLEX | 000030 |
POLARIS BANK | 000008 |
PREMIUM TRUST BANK | 000031 |
PROVIDUS BANK | 000023 |
RAND MERCHANT BANK | 000024 |
STANBICIBTC BANK | 000012 |
STANDARDCHARTERED | 000021 |
STERLING BANK | 000001 |
SUNTRUST BANK | 000022 |
TAJ BANK | 000026 |
TITAN TRUST BANK | 000025 |
UNION BANK | 000018 |
UNITED BANK FOR AFRICA | 000004 |
UNITY BANK | 000011 |
WEMA BANK | 000017 |
ZENITH BANK PLC | 000015 |
Fintechs
Bank Name | Sort/NIBSS Code |
---|---|
ACCESSMONEY | 100013 |
ARCA Payments | 110011 |
CARBON | 100026 |
CELLULANT | 100005 |
CONTEC GLOBAL | 100032 |
CROWDFORCE | 110017 |
Capricorn Digital | 110023 |
ETRANZACT | 100006 |
FETS | 100001 |
FIRSTMONIE WALLET | 100014 |
FORTISMOBILE | 100016 |
GOMONEY | 100022 |
INTELLIFIN | 100027 |
KEGOW (CHAMSMOBILE) | 100036 |
KONGAPAY | 100025 |
M36 | 100035 |
NIBSSUSSD PAYMENTS | 110019 |
Nomba financial services Limited | 110028 |
OPAY | 100004 |
PAGA | 100002 |
PALMPAY | 100033 |
PARKWAY-READYCASH | 100003 |
SPAY business | 110026 |
STANBIC IBTC @EASE WALLET | 100007 |
TAGPAY | 100023 |
TEASYMOBILE | 100010 |
VTNetwork | 100012 |
Vas2nets Limited | 110015 |
ZWallet | 100034 |
Microfinance Banks
Bank Name | Sort/NIBSS Code |
---|---|
AB MICROFINANCE BANK | 090270 |
ABOVE ONLY MICROFINANCE BANK | 090260 |
ABU MICROFINANCE BANK | 090197 |
ACCION MFB | 090134 |
ADDOSSER MFBB | 090160 |
ADEYEMI COLLEGE STAFF MICROFINANCE BANK | 090268 |
ADVANS LA FAYETTE MFB | 090155 |
AGOSASA MICROFINANCE BANK | 090371 |
AL-BARKAH MFB | 090133 |
ALEKUN MICROFINANCE BANK | 090259 |
ALERT MFB | 090297 |
ALHAYAT MFB | 090277 |
ALLWORKERS MFB | 090131 |
ALPHAKAPITAL MFB | 090169 |
AMJU MFB | 090180 |
AMML MFB | 090116 |
APEKS MICROFINANCE BANK | 090143 |
APPLE MICROFINANCE BANK | 090376 |
ARISE MFB | 090282 |
ASSETS Microfinance Bank | 090473 |
ASTRAPOLARIS MFB | 090172 |
Awhua MFB | 090522 |
Ayemi MFB | 090439 |
BAUCHI INVESTMENT MICROFINANCE BANK | 090160 |
BC KASH MICROFINANCE BANK | 090158 |
BENYOL MFB | 090161 |
BOCTRUST MICROFINANCE BANK | 090169 |
BOSAK MICROFINANCE BANK | 090171 |
Bowen Microfinance Bank | 090371 |
BRIDGEWAY MICROFINANCE BANK | 090140 |
BRIGHTWAY MFB | 090426 |
BUA MICROFINANCE BANK | 090175 |
BUSYMIND MICROFINANCE BANK | 090410 |
Calabar Microfinance Bank | 090383 |
Camino Microfinance Bank | 090139 |
Cape MFB | 090389 |
Cedar Microfinance Bank | 090494 |
Central Credit Microfinance Bank | 090383 |
Chukwudi Microfinance Bank | 090403 |
Citygate Microfinance Bank | 090114 |
Covenant MFB | 090417 |
Credit Afrique Microfinance Bank | 090418 |
CRYSTAL MICROFINANCE BANK | 090115 |
Davodani Microfinance Bank | 090429 |
Daylight Microfinance Bank | 090137 |
Deeperlife Microfinance Bank | 090298 |
Dollar Microfinance Bank | 090477 |
Dots Microfinance Bank | 090483 |
Echo Microfinance Bank | 090134 |
EdFin Microfinance Bank | 090530 |
Empire MFB | 090200 |
Erudite Microfinance Bank | 090157 |
Eseton Microfinance Bank | 090507 |
Eshiatua Microfinance Bank | 090424 |
Esut Microfinance Bank | 090418 |
Evertrust Microfinance Bank | 090390 |
Excellent MFB | 090381 |
FCT Microfinance Bank | 090121 |
Fortis Microfinance Bank | 090394 |
FRMFB | 090130 |
FPR MFB | 090402 |
Fairway Microfinance Bank | 090499 |
Federal University, Dutse Microfinance Bank | 090448 |
Festovilla Microfinance Bank | 090526 |
Fidelity Microfinance Bank | 090438 |
Fidelis Microfinance Bank | 090442 |
Finadowel Microfinance Bank | 090403 |
Firmus Microfinance Bank | 090523 |
First Bwari Microfinance Bank | 090446 |
Fmf Bank | 090520 |
Fountain Microfinance Bank | 090459 |
Fulfish Microfinance Bank | 090517 |
Fulkar Microfinance Bank | 090447 |
G.G.R Microfinance Bank | 090213 |
GABC Microfinance Bank | 090522 |
GAKAL Microfinance Bank | 090463 |
GD Microfinance Bank | 090478 |
GATES Microfinance Bank | 090468 |
GATES-2 Microfinance Bank | 090521 |
Gbauya Microfinance Bank | 090452 |
Genesis Microfinance Bank | 090405 |
Gente Microfinance Bank | 090524 |
Global Microfinance Bank | 090439 |
Glory Microfinance Bank | 090467 |
Go Microfinance Bank | 090479 |
Godina Microfinance Bank | 090481 |
Golden Gateway Microfinance Bank | 090478 |
Golden Ventures Microfinance Bank | 090455 |
Greenbank Microfinance Bank | 090482 |
Gulf Bank | 090436 |
H.E.C. Microfinance Bank | 090414 |
HEM & OAK Microfinance Bank | 090474 |
HANWA Microfinance Bank | 090228 |
HARMONY MFB | 090129 |
HASAL MFB | 090118 |
HEDNA MFB | 090242 |
HIGHLAND Microfinance Bank | 090383 |
HOT Microfinance Bank | 090387 |
Haayetuwa Microfinance Bank | 090494 |
Haven Microfinance Bank | 090482 |
Hi-Mik Microfinance Bank | 090423 |
Hodoun Microfinance Bank | 090487 |
Holy Microfinance Bank | 090222 |
Hontop Microfinance Bank | 090488 |
Hudu Microfinance Bank | 090480 |
Hunic Microfinance Bank | 090439 |
Hyena Microfinance Bank | 090437 |
IBILE Microfinance Bank | 090257 |
IBILE MFB | 090244 |