GTBank SWIFT Code in Nigeria: GTBINGLA, GTBINGLAXXX & International Transfer Guide
If you need the GTBank SWIFT code for an international transfer into Nigeria, the beneficiary-bank SWIFT code published by GTBank is GTBINGLA. The commonly listed 11-character head-office form is GTBINGLAXXX.
GTBank’s international money-transfer instructions specifically identify GTBINGLA as the beneficiary’s bank SWIFT code for several foreign-currency transfer arrangements.
GTBank SWIFT Code at a Glance
| Detail | Information |
|---|---|
| Bank | Guaranty Trust Bank Plc |
| 8-character SWIFT/BIC | GTBINGLA |
| 11-character head-office form | GTBINGLAXXX |
| Listed main location | Victoria Island, Lagos |
What Is GTBINGLA?
GTBINGLA is the eight-character SWIFT/BIC for Guaranty Trust Bank Plc in Nigeria.
GTBank itself uses this code in its international transfer instructions. That makes it particularly important to distinguish GTBINGLA from the BICs of intermediary banks used to route payments.
What Is GTBINGLAXXX?
GTBINGLAXXX is the 11-character head-office representation. The three-character suffix XXX represents the head-office form.
Some payment forms may ask for eight characters and others may accept or require 11. Follow the format requested by the sending bank.
GTBank SWIFT Code Breakdown
- GTBI — bank identifier.
- NG — Nigeria.
- LA — location identifier.
- XXX — head-office identifier in the 11-character form.
GTBank Head Office
A current BIC listing associates GTBINGLAXXX with 635 Akin Adesola Street, Victoria Island, Lagos.
For payment purposes, use the current beneficiary instructions provided by GTBank rather than relying solely on a directory address.
GTBank International Money Transfer Instructions
GTBank’s published international money-transfer information shows GTBINGLA as the beneficiary bank SWIFT code in several transfer routes involving USD, GBP and EUR.
The same instructions show that the correspondent bank can vary. For example, a USD transfer may involve a correspondent bank in New York, while GBP and EUR transfers can use different banking routes.
GTBINGLA vs CITIUS33
A common source of confusion is seeing both GTBINGLA and CITIUS33 on the same payment instruction.
GTBINGLA identifies Guaranty Trust Bank in Nigeria. CITIUS33 identifies Citibank’s U.S. entity and can act as a correspondent bank in some transfer arrangements.
Therefore, these codes are not interchangeable.
How to Receive Money From Abroad Into GTBank
The sender may need:
- Your full beneficiary name.
- Your GTBank account number.
- Guaranty Trust Bank Plc as the beneficiary bank.
- GTBINGLA or the exact BIC requested for the transaction.
- The beneficiary bank address.
- Currency and purpose of payment where required.
If GTBank provides specific correspondent-bank instructions for the currency being sent, the sender should follow those instructions exactly.
GTBank SWIFT Code for USD
GTBank’s international transfer instructions identify GTBINGLA as the beneficiary-bank SWIFT code for USD transfer routes involving correspondent banks.
The sender may therefore see a correspondent-bank SWIFT code in addition to GTBINGLA.
GTBank SWIFT Code for GBP and EUR
GTBank also publishes foreign-currency transfer instructions for GBP and EUR using GTBINGLA as the beneficiary-bank SWIFT code. The intermediary route can differ according to the currency and payment arrangement.
Does Every GTBank Branch Have a Different SWIFT Code?
Not necessarily. A bank-level BIC can be used to route international payments centrally. If a sender is specifically instructed to provide a branch-level BIC, the correct branch or service code should be confirmed with GTBank.
SWIFT Code vs GTBank Account Number
The SWIFT code identifies GTBank, while the account number identifies the individual beneficiary’s account.
Neither one replaces the other.
Common GTBank SWIFT Mistakes
- Using CITIUS33 as the GTBank BIC.
- Typing GTBINGLA incorrectly.
- Confusing a correspondent bank with the beneficiary bank.
- Entering the wrong GTBank account number.
- Using an unverified branch code.
What Happens If a Wrong GTBank BIC Is Used?
The payment may be delayed, rejected or returned. International transfers can pass through several financial institutions, so correcting an error after submission can take time.
Frequently Asked Questions
What is GTBank Nigeria’s SWIFT code?
GTBank publishes GTBINGLA as its beneficiary-bank SWIFT code.
What is the 11-character GTBank SWIFT code?
The commonly listed head-office form is GTBINGLAXXX.
Is GTBINGLA the same as CITIUS33?
No. GTBINGLA identifies GTBank Nigeria, while CITIUS33 identifies a Citibank entity in the United States.
Can GTBINGLA receive international transfers?
Yes. GTBank’s published international transfer instructions use GTBINGLA as the beneficiary-bank SWIFT code.
Do I need my GTBank account number as well?
Yes. The SWIFT code identifies the bank, while the account number identifies the beneficiary’s account.
Final Takeaway
The GTBank Nigeria SWIFT code is GTBINGLA, with GTBINGLAXXX representing the commonly listed head-office form. GTBank’s own international transfer instructions use GTBINGLA and separately identify correspondent-bank BICs where required.
