Beststar Microfinance Bank SWIFT Code: Raven Bank International Transfer Guide
Beststar Microfinance Bank, also associated with the Raven banking brand, is one of the Nigerian financial institutions for which people may search for a SWIFT or BIC code when trying to receive money from abroad.
A publicly verified SWIFT/BIC has not been established from the current information reviewed for Beststar Microfinance Bank. Because a SWIFT code is an international banking identifier, it should never be constructed from the institution’s name or copied from an unrelated financial institution.
Does Beststar Microfinance Bank have a SWIFT code?
No publicly verified SWIFT/BIC should be presented as the confirmed Beststar Microfinance Bank code based on the information reviewed for this article.
The current Raven platform operates as a financial-services brand offering payments, savings, credit and related financial products. That does not by itself establish that Raven or its underlying institution has a publicly usable SWIFT/BIC for direct international wires.
Why the Raven name can cause confusion
Customers may search for Beststar Microfinance Bank under the Raven name because Raven is the customer-facing financial brand. When looking for international payment instructions, however, the sender should use the exact legal and banking details provided by the institution.
The brand name and the legal name of a financial institution are not necessarily identical, so an international transfer should not be prepared from a brand name alone.
What should you do before receiving an international payment?
Ask the institution for current international receiving instructions. Specifically request confirmation of whether the payment can be received through SWIFT and, if it can, the exact BIC, beneficiary account details and correspondent-bank information.
Information an overseas sender may need
- Beneficiary’s full name.
- Account number.
- Exact legal name of the receiving institution.
- Bank address.
- SWIFT/BIC if supplied by the bank.
- Correspondent-bank information if required.
- Currency and amount.
- Payment purpose or reference.
Do not confuse SWIFT with a Nigerian bank code
Nigeria uses domestic identifiers for local transfers. A bank code used by a Nigerian payment platform is not automatically a SWIFT/BIC.
This is a common source of incorrect articles because some online directories place domestic bank identifiers and international BICs in similar-looking lists.
Can Raven customers receive money from outside Nigeria?
The availability of an international transfer depends on the particular payment method and the institution’s current arrangements. A missing public BIC should not be interpreted as proof that every cross-border payment method is unavailable.
The correct approach is to obtain the receiving instructions directly from the bank or financial institution.
Common mistakes
- Searching only for “Raven SWIFT code” without checking the underlying institution.
- Using an unrelated Beststar or Raven-looking BIC.
- Confusing a domestic bank code with SWIFT.
- Adding XXX to an unverified eight-character code.
- Using outdated payment instructions.
Frequently asked questions
What is Beststar Microfinance Bank’s SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
Is Raven Bank the same thing as a SWIFT code?
No. Raven is a financial brand, while a SWIFT/BIC is an international bank identifier.
How do I receive foreign money into a Raven account?
Request the current international receiving instructions from the institution and use the exact details provided.
Can I create a BIC from the name Beststar?
No. SWIFT/BIC identifiers should never be guessed or generated manually.