Rephidim Microfinance Bank SWIFT Code in Nigeria: Does Rephidim MFB Have One?
Rephidim Microfinance Bank is a Nigerian microfinance institution that appears in domestic banking infrastructure. If you are searching for the Rephidim MFB SWIFT code, the most important step is to distinguish its Nigerian bank identifier from an international SWIFT/BIC.
A publicly verified SWIFT/BIC for Rephidim Microfinance Bank has not been established from the current information reviewed.
Does Rephidim Microfinance Bank have a SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
Rephidim appears in Nigerian payment infrastructure with domestic bank code 090322. That code is not a SWIFT/BIC.
What is Rephidim’s bank code?
Current Nigerian payment-system documentation identifies Rephidim Microfinance Bank with domestic code 090322.
This is useful when making or processing eligible Nigerian domestic payments. It should not be entered into an international payment field labelled SWIFT or BIC.
Why domestic bank codes and SWIFT codes differ
Nigerian domestic payment systems require local institution identifiers. International wires use a different identification system.
A SWIFT/BIC generally contains eight characters, while an eleven-character version can contain an additional branch or service identifier.
Consequently, a six-digit Nigerian code such as 090322 cannot be treated as an international BIC.
Receiving an international payment
If a Rephidim customer expects a payment from outside Nigeria, the recipient should ask Rephidim Microfinance Bank for current international receiving instructions before the transfer is sent.
The bank should confirm the appropriate payment method, supported currency and any correspondent-bank details.
Information the sender may need
- Beneficiary name.
- Account number.
- Exact receiving institution name.
- Bank address.
- SWIFT/BIC if provided by the bank.
- Correspondent-bank details where applicable.
- Currency.
- Amount.
- Purpose and reference.
Why you should not create a Rephidim BIC
There is no reliable method of deriving an official BIC from the bank’s name. A code that follows the apparent eight-character format can still be completely invalid.
For international payments, the exact BIC should come from the receiving institution or a reliable banking source.
What if the sender’s bank requires a SWIFT code?
If the sending bank requires a BIC and Rephidim has not provided one, do not substitute 090322 or a guessed code. Ask Rephidim whether another international payment route is available.
Common mistakes
- Using 090322 as a SWIFT code.
- Inventing a BIC from “REPH”.
- Adding NG and LA to a guessed code.
- Adding XXX without confirmation.
- Assuming all Nigerian MFBs have direct SWIFT access.
Frequently asked questions
What is Rephidim Microfinance Bank’s SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
What is Rephidim’s Nigerian bank code?
Current payment-system information identifies Rephidim MFB with code 090322.
Is 090322 a SWIFT code?
No. It is a domestic Nigerian banking identifier.
How can I receive money from abroad?
Request Rephidim’s current international receiving instructions before the sender initiates the payment.