Fidelity Bank: USSD Code, Transfer Charges, SWIFT Code & Rates
Commercial bank · Fidelity · 50 Lagos branches · ₦5M NDIC coverage
Competitive savings rates. Strong SME lending. Good for small business owners.
Mid-tier bank with aggressive savings rates and SME focus. Fee income grew 39.7% in Q1 2026.
Fidelity Bank is a Commercial bank (CBN-licensed, NDIC-insured) founded in 1988 (38 years ago), operated by Fidelity Bank Plc. As of 2026 it serves approximately 8M+ customers through 250 branches nationwide.
- Founded
- 1988 · 38 years serving Nigerians
- Parent company
- Fidelity Bank Plc
- Customer base
- 8M+
- Branches nationwide
- 250
- Bank type
- Commercial bank (CBN-licensed, NDIC-insured)
- Website
- fidelitybank.ng
- Address
- 2 Kofo Abayomi Street, Victoria Island, 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.
Tiered savings product with interest rates up to 15% for locked balances — higher than most tier-1 banks.
Focused SME lending programme — one of the more accessible commercial-bank routes for Nigerian small businesses.
Balance-based tiered rates that scale up the more you keep in savings.
Fidelity has one of the more marketed youth/student banking programmes among the tier-1 group.