Shepherd Trust Microfinance Bank SWIFT Code: BIC, Bank Code and International Transfers
Shepherd Trust Microfinance Bank is a Nigerian microfinance bank that currently operates digital banking services and the NeoCash platform. If you are searching for the Shepherd Trust MFB SWIFT code, it is important to distinguish the bank’s domestic Nigerian identifier from a genuine international BIC.
A publicly verified SWIFT/BIC for Shepherd Trust Microfinance Bank has not been established from the current information reviewed.
Does Shepherd Trust Microfinance Bank have a SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
Shepherd Trust’s current website confirms that the bank is licensed by the Central Bank of Nigeria and that deposits are insured by the Nigeria Deposit Insurance Corporation.
Shepherd Trust and NeoCash
NeoCash is a product of Shepherd Trust Microfinance Bank. This distinction matters when searching for international banking information because the legal bank is Shepherd Trust Microfinance Bank, while NeoCash is a product and digital service.
A product name should not automatically be treated as the name of a separate SWIFT participant.
Shepherd Trust bank code
Current Nigerian payment-system information identifies Shepherd Trust Microfinance Bank with domestic bank code 090401.
This is a domestic Nigerian bank identifier, not a SWIFT/BIC.
Shepherd Trust address
The bank’s current website lists its contact location at 12 Oladele Kadiri Close, off Nob-Oluwa Street, Ogba, Lagos, Nigeria.
NeoCash’s current website also identifies Shepherd Trust Microfinance Bank as its underlying licensed institution and gives the same Ogba, Lagos area for contact.
Can a Shepherd Trust account receive an international transfer?
If someone outside Nigeria wants to send money to a Shepherd Trust customer, the beneficiary should obtain the bank’s current international receiving instructions first.
Do not give the sender 090401 as a SWIFT code. If the bank provides a correspondent-bank arrangement or another international receiving route, those instructions should be followed exactly.
Information the sender may need
- Beneficiary’s full name.
- Account number.
- Exact legal name of the receiving institution.
- Bank address.
- SWIFT/BIC if provided by Shepherd Trust.
- Correspondent-bank details where required.
- Currency and amount.
- Payment purpose.
Why 090401 is not a SWIFT code
The number 090401 is a Nigerian domestic institution code. A SWIFT/BIC is a separate international identifier.
The two should never be substituted for one another simply because a payment form requests a bank code.
What if the sender’s bank insists on SWIFT?
Ask Shepherd Trust whether the transaction can be received through another supported payment route. If a correspondent bank is required, the receiving bank should supply the relevant information.
Common mistakes
- Using 090401 as SWIFT.
- Calling NeoCash a separate SWIFT bank.
- Inventing a Shepherd Trust BIC.
- Adding XXX to an unverified code.
- Using old Shepherd Trust addresses.
Frequently asked questions
What is Shepherd Trust Microfinance Bank’s SWIFT code?
A publicly verified SWIFT/BIC has not been established from the current information reviewed.
What is Shepherd Trust’s bank code?
Current Nigerian payment information identifies the bank with domestic code 090401.
Is 090401 a SWIFT code?
No. It is a domestic Nigerian bank identifier.
What is NeoCash?
NeoCash is a product of Shepherd Trust Microfinance Bank.
Can Shepherd Trust receive international payments?
Confirm the current international receiving arrangements directly with the bank before a payment is initiated.