What is the GTBank Swift Code? SWIFT code is a unique form of bank identification code that each bank owns which is used for transferring money from one account to another.
This is especially important when you’re trying to transfer money from one country to another. The acronym SWIFT stands for Society For Worldwide Interbank Financial Telecommunication, a registered trademark of S.W.I.F.T SCRL and the body is responsible for the SWIFT Code Registration.
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As all banks are required to have this code, so does GTBank have theirs too. If you want to receive money from outside Nigeria into your GTBank account in Nigeria, you need the GTBank Swift code.
This is because the bank you’re trying to transfer from is going to require SWIFT code in order to process the transaction.
one advantage of the swift code is that it helps in speeding up international transactions as there might be a delay in the processing of the transaction without the SWIFT code.
The Swift code consists of 8 to 11 characters and is written in a specific format.
GTBank Swift Code
The GTBank Swift code is GTBINGLA. To explain the swift code, GTBI is Guaranty Trusts Bank’s code, NG stands for Nigeria’s country code and the last two characters LA stands for Lagos where their headquarters is situated at.
The Full details is provided below:
GUARANTY TRUST BANK PLC,
635 AKIN ADESOLA STREET, VICTORIA ISLAND, LAGOS, Nigeria
What Is GTBank SWIFT Bic?
The GTBank SWIFT Bic is the same as the GTBank Swift Code. BIC stands for Bank Identification Code for GTBank which is GTBINGLA.
How To Use GTBank SWIFT Code
In order to send or receive money from any country into your bank account in Nigeria, you are required to provide the following details which are:
Swift Code: GTBINGLAX (where X should be replaced with your GTB Branch code)
Swift Code: GTBINGLA
Branch name: Guarantee Trust Bank Plc
Branch Address: 635 Akin Adesola Street, Victoria Island, Lagos, Nigeria
Branch Code: X
Bank Name: Guaranty Trust Bank Plc
How To Get GTBank Swift Code
To get the full GTBank Swift Code, contact your bank for the branch code as you need the branch code to complete the swift code for your location. For instance, to get the GTBank swift code for Ilorin, Kaduna, Kano, Akure and so on, you have to find out the branch code of that particular location from the bank. A very easy way to get it it to contact GTBank customer care to get the code or use the online chat on the GTBank website.
GTBank Swift Code And Routing Number
There is a difference between GTBank SWIFT Code and GTB Routing number. Some people think they are the same while they are not. The routing number is the same as the GTB Sort code. GTBank sort code is the code used in identifying all the GT Banks and branches in Nigeria and it is used during local transfers in Nigeria while GTB Swift code is used in international transfer from one country to another.