United Bank for Africa (UBA) SWIFT Code: UNAFNGLA

UBA SWIFT Code: UNAFNGLA

The SWIFT/BIC code for United Bank for Africa is UNAFNGLA. UNAF identifies UBA, NG stands for Nigeria, and LA is the Lagos location code. This code routes international wire transfers to UBA accounts in Nigeria.

UBA is one of the largest pan-African banking groups, operating in 20 African countries plus the United Kingdom, France, and the United States. Founded in 1949, UBA has built the widest geographical footprint of any African bank, covering West, East, Central, and Southern Africa.

Pan-African Banking Network

UBA's presence across 20 African countries enables intra-African wire transfers that bypass expensive international correspondent banking chains. A transfer from UBA Nigeria to UBA Ghana or UBA Kenya routes internally through UBA's network rather than through New York or London correspondents.

This intra-network routing reduces transfer costs and settlement times for African businesses trading across borders. UBA handles payment flows for agricultural trade (cocoa, cashews), mineral exports, and telecommunications infrastructure investments across West and Central Africa.

UBA Wire Transfer Fees and Corridors

UBA charges NGN 1,000 to NGN 4,000 for incoming international wires to domiciliary accounts. Outgoing international wire fees range from NGN 3,500 to NGN 7,500. For intra-UBA transfers between African subsidiaries, fees are lower than standard SWIFT wire charges due to internal clearing.

Incoming USD, GBP, and EUR wires settle within 2 to 3 business days. NGN conversion follows the NAFEM reference rate set by the Central Bank of Nigeria. UBA's overseas offices in New York, London, and Paris provide direct clearing for transfers from those markets without additional intermediary banks.

How Slash fits in

Slash monitors your UBA payment activity across all corridors, including intra-African transfers and diaspora remittances. Every wire through UNAFNGLA is tracked with NGN conversion rates, settlement confirmations, and automatic categorization for your accounting records.