Solid Allianze Microfinance Bank SWIFT Code: BIC and Pryme International Transfer Guide
Solid Allianze Microfinance Bank is a Nigerian microfinance bank that has become particularly relevant to digital banking through its relationship with Pryme. If you are searching for the Solid Allianze SWIFT code, you should first understand the distinction between the legal bank, the Pryme brand and domestic Nigerian payment identifiers.
A publicly verified SWIFT/BIC for Solid Allianze Microfinance Bank has not been established from the current information reviewed.
Does Solid Allianze Microfinance Bank have a SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
The current Pryme website states that Nigerian naira accounts and deposits are provided by Solid Allianze Microfinance Bank, which is licensed and regulated by the Central Bank of Nigeria and insured by the NDIC.
What is the relationship between Solid Allianze and Pryme?
Pryme’s current website states that Solid Allianze Microfinance Bank is the licensed Nigerian bank behind its Nigerian naira accounts and deposits.
Pryme itself states that it is not a bank and that the Nigerian regulated banking relationship is provided through Solid Allianze Microfinance Bank.
Solid Allianze domestic bank code
Current Nigerian payment information identifies Solid Allianze Microfinance Bank with domestic bank code 090506. Some payment providers also use other identifiers for particular payout systems.
These domestic identifiers are not SWIFT/BIC codes.
Does having a multicurrency product mean Solid Allianze has a SWIFT code?
No. Pryme’s current website describes multicurrency functionality and says its Nigerian accounts are provided through Solid Allianze. That does not by itself establish that Solid Allianze has a direct publicly listed SWIFT/BIC.
International payment infrastructure can involve correspondent institutions and other payment arrangements.
How should a customer receive international money?
If the payment is intended for an account provided through Solid Allianze, confirm the current receiving instructions with the relevant service before the sender initiates the transfer.
Do not provide a guessed Solid Allianze BIC. If the transaction requires a correspondent bank, the receiving instructions should identify it.
Information an international sender may need
- Beneficiary’s full name.
- Account number or supported account identifier.
- Legal receiving institution.
- Bank address if required.
- SWIFT/BIC if officially supplied.
- Correspondent-bank details where applicable.
- Currency and amount.
- Payment purpose and reference.
Why the Pryme name matters
Someone receiving money through a Pryme account may see Pryme as the customer-facing service. For regulatory and banking purposes, however, the underlying Nigerian deposit-taking institution is Solid Allianze Microfinance Bank.
International payment instructions should therefore identify the exact institution specified by the current service instructions.
What happens if you use the wrong BIC?
A wrong BIC can cause a transfer to be delayed, rejected or returned. It can also trigger additional manual checks or fees.
Never construct a BIC from the name “Solid Allianze” or add XXX to a guessed code.
Common mistakes
- Confusing Pryme with the legal Nigerian bank.
- Using 090506 as a SWIFT code.
- Assuming a multicurrency account automatically means direct SWIFT access.
- Inventing a BIC from the bank’s initials.
- Using outdated Solid Allianze payment information.
Frequently asked questions
What is Solid Allianze Microfinance Bank’s SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
What is Solid Allianze’s bank code?
Current Nigerian payment information identifies Solid Allianze MFB with domestic code 090506.
Is 090506 a SWIFT code?
No. It is a domestic Nigerian payment identifier.
Is Pryme a bank?
Pryme states that it is not itself a bank; Nigerian naira accounts and deposits are provided by Solid Allianze Microfinance Bank.
Can Solid Allianze customers receive international payments?
Confirm the exact supported international payment route with the relevant service and receiving institution before sending the payment.