Advans La Fayette Microfinance Bank SWIFT Code Nigeria: Does Advans Have a BIC?

Advans La Fayette Microfinance Bank is a Nigerian microfinance bank serving individuals and businesses, particularly micro, small and medium-sized enterprises. The institution was originally established as La Fayette Microfinance Bank and now operates as Advans Nigeria.

If you are searching for the Advans La Fayette Microfinance Bank SWIFT code, a publicly verified Nigerian SWIFT/BIC has not been established from the current information reviewed. Therefore, an unverified code should not be presented as Advans Nigeria’s official BIC.

Does Advans La Fayette Microfinance Bank have a SWIFT code?

A publicly verified SWIFT/BIC for Advans La Fayette Microfinance Bank Nigeria has not been established from the current information reviewed.

Advans Nigeria’s official website confirms that it is a microfinance bank licensed by the Central Bank of Nigeria and that it provides financial services to individuals and businesses.

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Advans La Fayette and Advans Nigeria

The institution was originally established as La Fayette Microfinance Bank Limited. Advans Nigeria’s official history says it was established as La Fayette Microfinance Bank in June 2012 and later operated under the Advans name.

For international payment purposes, the current legal and banking instructions should take priority over old references to La Fayette.

Advans Nigeria head office

Advans Nigeria’s current official website lists its head office at 2 Adekunle Fajuyi Road, Dugbe, Ibadan, Oyo State, Nigeria.

The institution also lists a correspondence office at 256 Agege Motor Road, Mushin, Lagos State.

Advans domestic bank code

Current Nigerian payment documentation identifies Advans La Fayette MFB with domestic bank code 090155.

This is a domestic Nigerian banking identifier and is not a SWIFT/BIC.

Is 090155 an Advans SWIFT code?

No. 090155 is a domestic Nigerian bank code.

A SWIFT/BIC normally contains eight characters, with an optional three-character branch or service suffix. Domestic Nigerian bank codes are not interchangeable with BICs.

How to receive international money into Advans

If someone outside Nigeria wants to send money to an Advans Nigeria customer, the beneficiary should contact Advans before the transfer is initiated.

Ask for the current international receiving instructions, supported currencies and any correspondent-bank details required for the transaction.

Information the sender may need

  • Beneficiary’s full name.
  • Advans account number.
  • Current legal name of the receiving institution.
  • Bank address.
  • SWIFT/BIC if Advans provides one.
  • Correspondent-bank details where applicable.
  • Currency and amount.
  • Purpose of payment.
  • Payment reference.
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Why the old La Fayette name can create confusion

Older banking records may refer to La Fayette Microfinance Bank, while current Advans material uses Advans Nigeria or Advans La Fayette Microfinance Bank. A sender should not assume that a BIC found under an old or similar name belongs to the current Nigerian institution.

The legal institution and country must always be matched before an international transfer is submitted.

Can Advans receive international payments without a public BIC?

The absence of a publicly verified direct BIC does not prove that every cross-border payment method is unavailable. A financial institution may use correspondent or partner arrangements for particular payment routes.

The correct receiving method should therefore be confirmed directly with Advans Nigeria.

Common mistakes

  • Using 090155 as a SWIFT code.
  • Searching only for the old La Fayette name.
  • Confusing Advans Nigeria with another Advans institution in another country.
  • Inventing a BIC from the word ADVANS.
  • Adding XXX to an unverified code.
  • Using an outdated branch or head-office address.

Frequently asked questions

What is Advans La Fayette Microfinance Bank’s SWIFT code?

A publicly verified Nigerian SWIFT/BIC has not been established from the current information reviewed.

What is Advans Nigeria’s domestic bank code?

Current Nigerian payment documentation identifies Advans La Fayette MFB with domestic code 090155.

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Is 090155 a SWIFT code?

No. It is a domestic Nigerian bank identifier.

Where is Advans Nigeria’s head office?

Advans Nigeria currently lists 2 Adekunle Fajuyi Road, Dugbe, Ibadan, Oyo State, Nigeria.

Can Advans customers receive money from abroad?

Confirm the current international receiving route and any correspondent-bank instructions directly with Advans Nigeria.

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