SWIFT Code BGFIBJBJ — BGFIBANK BENIN, COTONOU

About SWIFT Code BGFIBJBJ — BGFIBANK BENIN, COTONOU

SWIFT code BGFIBJBJ is the official 8-character head-office BIC (Bank Identifier Code) for BGFIBANK BENIN in COTONOU, Benin. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BGFIBANK BENIN for all outward international remittances from COTONOU. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BGFIBJBJ

The code BGFIBJBJ follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BGFIBJBJ

Receiving International Wire Transfers

To receive money from abroad at your BGFIBANK BENIN account in COTONOU, share SWIFT code BGFIBJBJ with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BGFIBANK BENIN, COTONOU must provide SWIFT code BGFIBJBJ. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BGFIBANK BENIN in COTONOU rely on SWIFT code BGFIBJBJ for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BGFIBANK BENIN →

For cheque clearing or NACH mandates, use the MICR code for BGFIBANK BENIN →

For TDS challan deposits, find the BSR code for BGFIBANK BENIN →

How SWIFT Code BGFIBJBJ Routes an International Transfer

1. Initiation: The sender provides SWIFT code BGFIBJBJ and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BGFIBANK BENIN.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BGFIBANK BENIN receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BGFIBJBJ

• Spaces or lowercase letters — Always enter BGFIBJBJ uppercase with no spaces.
• Using the wrong city — This code is for COTONOU only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Benin.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BGFIBJBJ directly with BGFIBANK BENIN's COTONOU branch or via the SWIFT BIC Directory.