Stanbic IBTC: USSD Code, Transfer Charges, SWIFT Code & Rates
Commercial bank · Stanbic · 30 Lagos branches · ₦5M NDIC coverage
Best for high earners — relationship manager, premium banking, wealth management.
Part of Standard Bank Group. Premium banking with dedicated relationship managers. IBTC Stockbrokers for NGX trading.
Stanbic IBTC is a Commercial bank (CBN-licensed, NDIC-insured) founded in 1989 (37 years ago), operated by Standard Bank Group. As of 2026 it serves approximately 2M+ customers through 180 branches nationwide.
- Founded
- 1989 · 37 years serving Nigerians
- Parent company
- Standard Bank Group
- Customer base
- 2M+
- Branches nationwide
- 180
- Bank type
- Commercial bank (CBN-licensed, NDIC-insured)
- Website
- stanbicibtc.com
- Address
- IBTC Place, Walter Carrington Crescent, Victoria Island, Lagos, Lagos
If you make 20 transfers, 4 other-bank ATM visits, and 30 SMS alerts per month:
₦2,160 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.
The largest brokerage on the Nigerian Exchange by trading volume. Buy NGX stocks directly through the Stanbic app.
Owned by Standard Bank of South Africa — Nigeria's only tier-1 bank with a South African parent. Access to continental corporate banking network.
Dedicated wealth-management arm targeting HNW clients with structured products, mutual funds, and portfolio management.
IBTC Pensions is one of the largest Nigerian Pension Fund Administrators — 30%+ share of the RSA market.