Swift code for GTBank is a distinct form of bank identification code that is also owned by each bank and it is typically used for transferring money from one account to the other. The swift code is usually made up of 8 or 11 characters which are used to authenticate any transaction.
All Nigerian banks’ Swift Codes registration is primarily handled by the Society for Worldwide Interbank Financial Telecommunication and their headquarters is located in La Hulpe, Belgium. You can find your GTBank through the swift code finder on the internet most possible when you Google it. Be sure not to confuse the official GTBank SWIFT CODE with GTBank SORT Code.
What is Swift Code for GTBank
The acronym SWIFT stands for Societ For Worldwide Interbank Financial Telecommunication. It is a registered trademark of S.W.I.F.T SCRL, the body that is responsible for the SWIFT Code Registration. This code is very essential when you are trying to transfer money from one country to another.
The GTBank Swift Code is GTBINGLA. For a simpler knowledge of this code, GTBI stands for Guaranty Trusts Bank’s code, NG stands for Nigeria’s country code while the last two characters LA stands for Lagos where their headquarters is located at. This is the full description of the code:
GUARANTY TRUST BANK PLC,
635 AKIN ADESOLA STREET, VICTORIA ISLAND, LAGOS, Nigeria.
The swift code for GTBank is unique, it does not correlate with other banks’ own. There is another term that people tend to mix up or think is different from GTBank swift code, it is called GTBank Swift Bic.
Read Also: How to open a GTBank account online without BVN
GTBank has a swift number as other banks have theirs too, if you are expecting money from outside Nigeria into your GTBank account here in Nigeria, you will surely need the GTBank Swift code for you to be able to receive your money because it is this swift code that will be used to process the transaction.
What is GTBank SWIFT BIC?
The GTBank SWIFT BIC is just the same as the GTBank Swift Code. the BIC stands for Bank Identification Code for GTBank which is GTBINGLA. Are you even wondering how to use the GTBank Swift Code? Your answer is below.
How to Use GTBank Swift Code
In order to for you to send money or receive money from any part of the world into your account here in Nigeria, you are expected to provide the following details which are the bank swift code, the branch address, the branch code, the bank name, the branch name, and the city. For example, check below;
- The GTBank Swift Code: GTBINGLA
- Branch Name: Guarantee Trust Bank Plc
- Branch Address: No 635 Akin Adesola Street, Victoria Island Lagos, Nigeria.
- Country: Nigeria
- City: Lagos
After you have provided all the information needed, then you are good to go with your transaction.
How to Get GTBank Swift Code
Are you wondering how you can get your GTBank Swift Code? Well, it is quite simple. All you need to do is to contact your bank for their branch code because it is this code that you need to complete the swift code for your location. A very easy way to get this done is to contact GTBank customer care to get the swift code, better still, you can use the online chat on the GTBank website.
The Difference Between Swift Code and Routing Number
There is actually a difference between GTBank Code and GTB Routing number. The routing number is the code that is mainly used to identify all the GTBanks and branches in Nigeria and it is also used for local transfers in Nigeria. The routing number is also known as the GTB Sort code but most people do not get to know it. The routing number is used for local bank transfers while the GTBank Swift Code is used for an international transfer from one country to another.
Conclusion
GTBank Swift Code is very essential because it aids in speeding up international transactions as the name “Swift” implies. There might be a delay in the processing of the transaction without the GTBank Swift Code.
After the 8 to 11 characters are provided to the required field with a specific format, you are good to go with your transaction. Contact any of the GTBank branches today to get their branch code for you to get money or transfer money to your loved ones or business partners.
