In this blog post you will get the correct gtbank swift code or gtb swift code which you will use for transfer or receive money online especially if you deal on online business.
Before going into Gtbank swift code, let’s take a look at what is swift code or bank swift code.
What is a Swift Code
A SWIFT code is an international bank code that identifies particular banks worldwide. It’s also known as a Bank Identifier Code (BIC). CommBank uses SWIFT codes to send money to overseas banks. Every bank have their own unique code and it is this swift code that financial institution will identify a bank and can carry out money transaction.
If you want to receive or transfer money internationally, that is from Nigeria to another country, you will require to use your bank correct swift code before the transaction can go through. The Swift code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office.
Currently, there are over 40,000 “live” Swift codes. The “live” codes are for the partners who are actively connected to the Swift network. On top of that, there are more than 50,000 additional codes, which are used for manual transactions. These additional codes are for the passive participants.
The registrations of Swift Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademarks of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.
Gtbank Swift Code
Below gtbank swift code is applicable to all guaranty trust bank nationwide. That is this gtbank official swift code for international wire transfer. Please note that if you want to wire money or receive money through gtbank, when typing your details don’t ever write gtbank or gtb. You will have to write it in full which Guaranty Trust Bank.
Bank / Institution – GUARANTY TRUST BANK PLC
Country – Nigeria
SWIFT Code / BIC – GTBINGLA
So gtbank swift code is GTBINGLA which you will use for international wire transfer through guaranty trust bank.