FCMB SWIFT Code in Nigeria: FCMBNGLA, FCMBNGLAWEB & International Transfer Guide
If you are looking for the FCMB SWIFT code in Nigeria, the main eight-character BIC for First City Monument Bank Limited is FCMBNGLA. The 11-character head-office representation is FCMBNGLAXXX.
FCMB also has a separately listed 11-character BIC, FCMBNGLAWEB, associated with electronic banking. This is different from the standard head-office form.
FCMB SWIFT Codes at a Glance
| Code | Use |
|---|---|
| FCMBNGLA | 8-character FCMB BIC. |
| FCMBNGLAXXX | 11-character head-office form. |
| FCMBNGLAWEB | Separately listed electronic-banking BIC. |
What Is the FCMB SWIFT Code?
The main FCMB SWIFT/BIC is FCMBNGLA. It identifies First City Monument Bank Limited in Nigeria for international financial messaging.
When an international payment form asks for an eight-character BIC, this is the bank-level code generally associated with FCMB.
What Is FCMBNGLAXXX?
FCMBNGLAXXX is the 11-character head-office representation. The final three characters, XXX, represent the head office in the standard BIC structure.
What Is FCMBNGLAWEB?
FCMBNGLAWEB is a separate 11-character BIC listed for FCMB’s electronic banking service. The final three characters are WEB.
This should not be treated as a generic replacement for FCMBNGLA in every international transfer. If your payment instructions specifically identify the electronic-banking BIC, use the specified code. Otherwise, confirm which BIC the receiving bank requires.
FCMB SWIFT Code Breakdown
The main BIC can be understood as:
- FCMB — FCMB institution identifier.
- NG — Nigeria.
- LA — location identifier.
For the head-office form, XXX is added. For the electronic-banking BIC, WEB is used instead.
FCMB Head Office SWIFT Information
The main head-office BIC listing associates FCMB with Lagos. The head-office form is FCMBNGLAXXX.
If a payment provider asks for the branch or service BIC, do not assume that the head-office code and a service-specific code are interchangeable.
How to Receive Money From Abroad Into FCMB
The sender may need:
- Your full beneficiary name.
- Your FCMB account number.
- First City Monument Bank Limited as the beneficiary bank.
- The appropriate FCMB SWIFT/BIC.
- Beneficiary bank address.
- Payment purpose and other information requested by the sending bank.
FCMBNGLA vs FCMBNGLAWEB
| Code | Length | Meaning |
|---|---|---|
| FCMBNGLA | 8 characters | Main bank-level BIC. |
| FCMBNGLAXXX | 11 characters | Head-office form. |
| FCMBNGLAWEB | 11 characters | Electronic-banking service BIC. |
Should You Use FCMBNGLAWEB for Every Transfer?
No. The existence of FCMBNGLAWEB does not mean that it should replace the main FCMB BIC on every international payment.
Use the BIC specified by the beneficiary bank, payment provider or relevant FCMB payment instruction. If the sender has simply been asked for the standard FCMB SWIFT code, the bank-level BIC is the appropriate starting point.
SWIFT Code vs FCMB Account Number
The SWIFT code identifies the bank or service, while your account number identifies your personal or business account. The sender normally needs both.
Common FCMB SWIFT Mistakes
- Using FCMBNGLAWEB when the payment requires the standard BIC.
- Using another bank’s BIC.
- Entering the wrong account number.
- Confusing a correspondent bank with FCMB.
- Inventing an FCMB branch code.
What If the Sender’s Bank Requires 11 Characters?
If the form requires 11 characters, use the appropriate verified BIC. The standard head-office representation is FCMBNGLAXXX, while FCMBNGLAWEB is a separate service-specific code.
Do not add arbitrary characters to FCMBNGLA simply to make it 11 characters.
Frequently Asked Questions
What is FCMB Nigeria’s SWIFT code?
The main eight-character BIC is FCMBNGLA.
What is the FCMB 11-character SWIFT code?
The standard head-office form is FCMBNGLAXXX.
What is FCMBNGLAWEB?
FCMBNGLAWEB is a separately listed 11-character BIC associated with electronic banking.
Can FCMBNGLA be used for international transfers?
It is the main FCMB bank-level BIC. The sender should use the exact BIC specified by FCMB or the receiving payment instructions.
Is FCMBNGLAWEB the same as FCMBNGLAXXX?
No. They are different 11-character BIC records. XXX represents the head-office form, while WEB is a service-specific identifier.
Final Takeaway
FCMB’s main Nigerian SWIFT/BIC is FCMBNGLA. Its standard 11-character head-office form is FCMBNGLAXXX, while FCMBNGLAWEB is a separately listed electronic-banking BIC. Always use the code that matches the specific international payment instruction.