FBNQuest Merchant Bank SWIFT Code: KDHLNGLA and KDHLNGLAXXX
FBNQuest Merchant Bank Limited has the publicly listed SWIFT/BIC KDHLNGLA. The corresponding 11-character form is KDHLNGLAXXX.
The BIC is used to identify FBNQuest Merchant Bank in international banking instructions. It should be supplied alongside the beneficiary’s account information rather than being treated as a replacement for the account number.
FBNQuest Merchant Bank SWIFT code
| Bank | FBNQuest Merchant Bank Limited |
|---|---|
| 8-character BIC | KDHLNGLA |
| 11-character BIC | KDHLNGLAXXX |
| Country | Nigeria |
| City | Lagos |
Current public records associate the BIC with FBNQuest Merchant Bank. Address records can differ between banking directories and institutional listings, so the bank’s current payment instructions should take precedence when a sender is preparing an actual transfer.
Understanding KDHLNGLAXXX
The first four characters, KDHL, identify the institution. NG identifies Nigeria, while LA represents the location component. The final XXX identifies the head-office form of the BIC.
Why would an international sender need the BIC?
International banks need standardized information to route payments to the correct financial institution. A BIC provides that identification for participating financial institutions.
For FBNQuest Merchant Bank customers receiving international funds, the sender may therefore request the bank’s SWIFT code before processing the payment.
What should the beneficiary provide?
- Correct account name.
- Correct account number.
- FBNQuest Merchant Bank Limited as the bank name.
- KDHLNGLA or the specific BIC provided by the bank.
- Bank address if required.
- Payment currency.
- Payment purpose or reference.
- Correspondent-bank details where applicable.
KDHLNGLA or KDHLNGLAXXX?
KDHLNGLA is the eight-character BIC. KDHLNGLAXXX is the extended 11-character version. The XXX ending conventionally represents the primary or head-office BIC.
Do not create a branch-specific code yourself. If FBNQuest gives the sender a particular branch or service BIC, use that exact code.
What happens if the wrong BIC is used?
An incorrect BIC can result in a payment being delayed, rejected, returned or sent through an incorrect processing route. Additional bank charges can sometimes arise when a payment has to be repaired or returned.
This is why the beneficiary should check the bank’s current international payment instructions before the sender submits the transfer.
SWIFT and domestic Nigerian banking codes
The FBNQuest SWIFT/BIC should not be confused with a domestic bank code. Domestic Nigerian transfers and international SWIFT payments use different banking infrastructure and identifiers.
Frequently asked questions
What is FBNQuest Merchant Bank’s SWIFT code?
The publicly listed eight-character BIC is KDHLNGLA.
What is KDHLNGLAXXX?
It is the 11-character head-office form of FBNQuest Merchant Bank’s BIC.
Can the BIC receive international payments?
The BIC identifies FBNQuest Merchant Bank for international banking purposes. The actual transaction must still meet the bank’s current receiving requirements.
Is KDHLNGLA an account number?
No. It identifies the financial institution rather than an individual customer account.