PARALLEX BANK LIMITED SWIFT Code

VICTORIA ISLAND, Nigeria

Status Active

Verified SWIFT/BIC Code

PARANGLA

"Use this 8-11 character code for international wire transfers to identify this specific bank branch."

Branch Information

Bank Name PARALLEX BANK LIMITED
Bank Code PARA
Branch Code GLA
City VICTORIA ISLAND
Country Nigeria (NG)
Postal Code N/A
Full Address PLOT 1261 ADEOLA HOPEWELL STREET

How to use PARALLEX BANK LIMITED SWIFT Code?

The SWIFT code PARANGLA is essential for international transactions involving PARALLEX BANK LIMITED. When someone sends you money from another country, they will ask for this BIC (Business Identifier Code).

Understanding the Code Structure

PARABank Code
NGCountry
LALocation
XXXBranch

International Wire Transfer Instructions

Provide these details to the remitting party:

  • Beneficiary Name: Your full name as per bank records.
  • Account Number: Your IBAN or Account Number.
  • SWIFT/BIC Code: PARANGLA
  • Bank Name & Branch: PARALLEX BANK LIMITED, VICTORIA ISLAND branch.

Frequently Asked Questions

What is a SWIFT code?

A Business Identifier Code (BIC) used to identify a specific bank in an international transaction.

Is PARANGLA valid?

Yes, according to our latest database update, this code is active for the VICTORIA ISLAND branch of PARALLEX BANK LIMITED.

Security Note

Always confirm the SWIFT code with your bank manager before initiating high-value transfers. This data is for informational purposes only.

Need IFSC?

For domestic Indian bank transfers (NEFT/RTGS), you need an IFSC code instead of SWIFT.

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