SWIFT Code NEXMNGLA — NIGERIAN EXPORT IMPORT BANK, ABUJA

About SWIFT Code NEXMNGLA — NIGERIAN EXPORT IMPORT BANK, ABUJA

SWIFT code NEXMNGLA is the official 8-character head-office BIC (Bank Identifier Code) for NIGERIAN EXPORT IMPORT BANK in ABUJA, Nigeria. 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 NIGERIAN EXPORT IMPORT BANK for all outward international remittances from ABUJA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code NEXMNGLA

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

When to Use SWIFT Code NEXMNGLA

Receiving International Wire Transfers

To receive money from abroad at your NIGERIAN EXPORT IMPORT BANK account in ABUJA, share SWIFT code NEXMNGLA 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 NIGERIAN EXPORT IMPORT BANK, ABUJA must provide SWIFT code NEXMNGLA. 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 NIGERIAN EXPORT IMPORT BANK in ABUJA rely on SWIFT code NEXMNGLA 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 NIGERIAN EXPORT IMPORT BANK →

For cheque clearing or NACH mandates, use the MICR code for NIGERIAN EXPORT IMPORT BANK →

For TDS challan deposits, find the BSR code for NIGERIAN EXPORT IMPORT BANK →

How SWIFT Code NEXMNGLA Routes an International Transfer

1. Initiation: The sender provides SWIFT code NEXMNGLA 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 NIGERIAN EXPORT IMPORT BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: NIGERIAN EXPORT IMPORT BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code NEXMNGLA

• Spaces or lowercase letters — Always enter NEXMNGLA uppercase with no spaces.
• Using the wrong city — This code is for ABUJA 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 Nigeria.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm NEXMNGLA directly with NIGERIAN EXPORT IMPORT BANK's ABUJA branch or via the SWIFT BIC Directory.