FCMB: USSD Code, Transfer Charges, SWIFT Code & Rates
Commercial bank · FCMB · 45 Lagos branches · ₦5M NDIC coverage
Good for women and youth — Sheventures and FCMB Flexx accounts.
Focused on retail and youth banking. Sheventures account for women entrepreneurs. FCMB Flexx for ages 16-25 with zero charges.
FCMB is a Commercial bank (CBN-licensed, NDIC-insured) founded in 1982 (44 years ago), operated by FCMB Group. As of 2026 it serves approximately 10M+ customers through 200 branches nationwide.
- Founded
- 1982 · 44 years serving Nigerians
- Parent company
- FCMB Group
- Customer base
- 10M+
- Branches nationwide
- 200
- Bank type
- Commercial bank (CBN-licensed, NDIC-insured)
- Website
- fcmb.com
- Address
- Primrose Tower, 17A Tinubu Street, Marina, Lagos, Lagos
If you make 20 transfers, 4 other-bank ATM visits, and 30 SMS alerts per month:
₦1,800 more than Kuda (₦2,400/yr). That's 0 bags of rice.
Compare with all 23 banks →Time to open: 15 minutes · Online via app
- Bank Verification Number (BVN)Mandatory for all Nigerian bank accounts. Get one at any bank branch for free.
- Valid IDNational ID (NIN), International Passport, Voter's Card, or Driver's Licence.
- Passport photographRecent passport-sized photo. The mobile app may accept a live selfie instead.
- Utility billAddress verification. Electricity bill, water bill, or tenancy agreement (last 3 months).
- Minimum opening balance₦0 for savings accounts. ₦5,000-₦10,000 for current accounts.
Women-focused banking product with dedicated business loans, mentorship, and financial planning.
Youth banking programme (ages 18-30) with reduced fees and dedicated savings products.
FCMB is one of the primary participating banks in CBN's anchor-borrowers programme for rice, maize, and other staples.
Merchant lending platform for SMEs — collateral-free loans against invoices and receivables.