TAJBank SWIFT Code in Nigeria: TAJJNGLA and TAJJNGLAXXX
TAJBank Limited is a Nigerian non-interest bank that can be identified in international banking by the SWIFT/BIC TAJJNGLA. The corresponding 11-character head-office form is TAJJNGLAXXX.
If you are receiving an overseas payment into a TAJBank account, the sender may need this BIC together with the beneficiary’s account details and any correspondent-bank information required for the payment currency.
TAJBank SWIFT code
| Bank | TAJ Bank Limited |
|---|---|
| 8-character BIC | TAJJNGLA |
| 11-character BIC | TAJJNGLAXXX |
| Country | Nigeria |
| Listed city | Abuja |
| Listed address | 76 Ahmadu Bello Way, Benue Plaza, Abuja |
What does TAJJNGLAXXX mean?
TAJJNGLAXXX contains three additional characters compared with the core eight-character BIC. The structure is:
- TAJJ — institution code for TAJ Bank.
- NG — Nigeria.
- LA — location identifier.
- XXX — head-office or primary-office suffix.
Why do international transfers need SWIFT?
International payments often move between financial institutions in different countries. The BIC provides a standard way of identifying the receiving institution in the payment instructions.
It does not replace the beneficiary’s account number. Instead, the two details work together: the BIC identifies the receiving bank, while the account information identifies the customer who should receive the funds.
What should someone sending money to TAJBank provide?
The sender should obtain the recipient’s complete payment instructions. Depending on the transfer, these may include:
- Beneficiary’s full legal name.
- TAJBank account number.
- Bank name.
- TAJJNGLA or the exact 11-character BIC requested.
- Bank address.
- Currency and transfer amount.
- Purpose or reference.
- Correspondent-bank details where applicable.
TAJJNGLA or TAJJNGLAXXX?
Both forms identify TAJBank. TAJJNGLA is the eight-character BIC, while TAJJNGLAXXX is the 11-character version with the XXX head-office suffix.
Use the version requested by the sending or receiving institution. Do not randomly replace one with another if the bank has provided specific payment instructions.
TAJBank and international payments
A SWIFT code does not by itself guarantee that every international payment in every currency can be processed directly. Banks can use correspondent relationships and other payment arrangements depending on the currency and transaction.
For a large transfer, the recipient should request current international receiving instructions from TAJBank before giving payment details to the sender.
Common errors with TAJBank SWIFT transfers
- Writing TAJJNGLA incorrectly.
- Confusing TAJBank’s BIC with a domestic bank code.
- Entering the wrong beneficiary account number.
- Using a branch suffix that was never supplied by the bank.
- Ignoring correspondent-bank instructions.
- Sending a currency through a route that does not support it.
Frequently asked questions
What is TAJBank’s SWIFT code?
The eight-character SWIFT/BIC is TAJJNGLA.
What is TAJJNGLAXXX?
TAJJNGLAXXX is the 11-character head-office form of TAJBank’s BIC.
Where is the listed TAJBank BIC located?
Current public BIC records associate the code with TAJBank in Abuja, Nigeria.
Can TAJJNGLA be used for an international transfer?
It is the bank’s listed BIC for international identification, but the sender should use the complete receiving instructions supplied for the particular payment.