Hasal Microfinance Bank SWIFT Code in Nigeria: Does HASAL MFB Have One?

If you are searching for the Hasal Microfinance Bank SWIFT code in Nigeria, it is important to separate HASAL’s domestic banking information from an international SWIFT or BIC identifier. A bank code used for Nigerian transfers is not automatically a SWIFT code.

A publicly verified SWIFT/BIC for HASAL Microfinance Bank has not been established from the current information reviewed. For that reason, this article does not provide a guessed BIC. Anyone preparing an international payment should confirm the receiving instructions directly with HASAL before sending money.

Does Hasal Microfinance Bank have a SWIFT code?

A publicly verified SWIFT/BIC for Hasal Microfinance Bank has not been established from the current information reviewed.

HASAL is an operating Nigerian microfinance bank. Its official website describes the institution as a microfinance bank providing savings, loans and other financial services to individuals, businesses and SMEs.

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The absence of a publicly verified BIC should not be interpreted as proof that every possible cross-border payment involving a HASAL customer is impossible. It means that an international sender should not use an unverified code.

Hasal Microfinance Bank bank code

HASAL appears in Nigerian domestic payment information with the bank code 90121. This is a domestic Nigerian identifier and should not be entered as a SWIFT/BIC when completing an international wire-transfer form.

The distinction is important because domestic bank codes and international BICs have completely different formats and purposes.

Is 90121 Hasal’s SWIFT code?

No. The five-digit number 90121 is a Nigerian domestic bank identifier. It is not a SWIFT/BIC.

A SWIFT/BIC generally contains eight characters, with an optional three-character branch or service suffix. Therefore, a five-digit Nigerian bank code cannot simply be relabelled as a SWIFT code.

Hasal Microfinance Bank address

HASAL’s current privacy information lists its address as Plot 1652, Ahmadu Bello Way, Garki II, Garki District, Abuja, with PMB 740, Abuja.

Older regulatory records may show different addresses because financial institutions can relocate or update their registered offices. For an international transfer, use the address supplied in HASAL’s current payment instructions.

How to receive money from abroad into HASAL

If someone outside Nigeria wants to send money to your HASAL account, contact HASAL before the transfer is initiated. Ask for its current international receiving instructions and specifically ask whether the proposed payment can be received through SWIFT or another cross-border payment route.

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If HASAL provides correspondent-bank instructions, the sender should use those instructions exactly rather than attempting to construct a BIC.

Information an international sender may need

  • Beneficiary’s full name.
  • HASAL account number.
  • Exact legal name of the receiving institution.
  • Bank address.
  • SWIFT/BIC if HASAL provides one.
  • Correspondent-bank information where applicable.
  • Currency and amount.
  • Purpose or payment reference.

SWIFT code versus Nigerian bank code

A Nigerian domestic bank code is used for local payment routing. A SWIFT/BIC identifies a participating financial institution in international financial messaging.

Consequently, finding HASAL’s domestic bank code online does not establish that the bank has a direct SWIFT address.

Common mistakes when searching for HASAL’s SWIFT code

  • Using 90121 as a SWIFT code.
  • Creating a BIC from the letters in HASAL.
  • Adding NG and LA to an invented code.
  • Adding XXX to an unverified eight-character code.
  • Using an outdated address or payment instruction.
  • Assuming every Nigerian microfinance bank has a direct SWIFT BIC.

Frequently asked questions

What is Hasal Microfinance Bank’s SWIFT code?

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

What is HASAL’s Nigerian bank code?

Current payment information lists HASAL Microfinance Bank with domestic bank code 90121.

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Is 90121 a SWIFT code?

No. It is a Nigerian domestic banking identifier.

Can HASAL receive international payments?

Confirm the current international receiving options directly with HASAL before an overseas sender initiates the payment.

Should I use a HASAL BIC from a third-party website?

Only after the exact code has been independently verified with the receiving institution.

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