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BANKING · QUARTERLYas of 2026-07-28

Zenith Bank: USSD Code, Transfer Charges, SWIFT Code & Rates

Commercial bank · Zenith · 100 Lagos branches · ₦5M NDIC coverage

AT A GLANCE
SWIFT
ZEIBNGLA
USSD
*966#
Savings rate
1.5–4%
Fixed deposit
15–24%
WHY THIS BANK

Highest fixed deposit rates among big banks. Strong corporate banking. Up to ₦10M loans.

Second-largest bank by assets. Premium corporate banking. Earned ₦25 billion from maintenance charges in Q1 2026 — the highest of any bank.

ABOUT Zenith Bank
Bank profile · verified

Zenith Bank is a Commercial bank (CBN-licensed, NDIC-insured) founded in 1990 (36 years ago), operated by Zenith Bank Plc. As of 2026 it serves approximately 25M+ customers through 395 branches nationwide.

Founded
1990 · 36 years serving Nigerians
Parent company
Zenith Bank Plc
Customer base
25M+
Branches nationwide
395
Bank type
Commercial bank (CBN-licensed, NDIC-insured)
Website
zenithbank.com
HEAD OFFICE
Zenith Bank headquarters
Address
Plot 84 Ajose Adeogun Street, Victoria Island, Lagos, Lagos
CHARGES
CBN-regulated · effective May 2026
Transfer <₦5,000
FREE
Transfer ₦5,000–₦50,000
₦10
Transfer >₦50,000
₦50
SMS alert
₦6 / SMS
Email alert
FREE
ATM card issuance
₦1,500
ATM card maintenance· scrapped May 2026
FREE
Virtual card
FREE
Current acct maintenance· ₦0 from 2027
₦0.5/₦1,000
Hardware token
₦2,500
Min opening balance
₦0
NDIC coverage
₦5M NDIC coverage
TRUE ANNUAL COST
at typical usage

If you make 20 transfers, 4 other-bank ATM visits, and 30 SMS alerts per month:

Zenith4,560/year

₦2,160 more than Kuda (₦2,400/yr). That's 0 bags of rice.

Compare with all 23 banks →
HOW TO OPEN AN ACCOUNT

Time to open: 15 minutes · Online via app

UNIQUE FEATURES
*966# EazyBanking

USSD banking on any phone. Transfer, airtime, bill payment.

ZenithDirect

Corporate internet banking platform used by most Nigerian mid-cap and large companies for payroll and vendor payments.

Zenith Save

Auto-save into a locked pot with tiered interest rates — one of the higher-earning traditional-bank savings products.

Highest-capitalised bank

Zenith is consistently among the top 2 Nigerian banks by shareholder funds — a stability signal for depositors.

LAGOS BRANCHES · SORT CODES
3 branches
BranchAreaSort code
Zenith Bank Ikeja
Allen Avenue
Ikeja057-150026
Zenith Bank Lekki
Admiralty Way, Lekki Phase 1
Lekki057-150039
Zenith Bank Victoria Island
Ajose Adeogun St
Victoria Island057-150013
APP RATINGS & CONTACT
iOS rating
4.5 / 5
Android rating
4.3 / 5
Lagos branches
100
Lagos ATMs
350
FREQUENTLY ASKED QUESTIONS
Answers about Zenith Bank
What is Zenith Bank's USSD code?
Zenith Bank's USSD banking code is *966#. Dial it from any phone linked to your account to transfer money, check your balance, buy airtime, or pay bills — no data or app needed.
What is Zenith Bank's SWIFT / BIC code?
Zenith Bank's SWIFT/BIC code is ZEIBNGLA. Use this code when receiving international wire transfers into your Zenith Bank account.
What are Zenith Bank's transfer charges?
bankingDetail.faqTransferA
What is Zenith Bank's savings account interest rate?
Zenith Bank pays 1.5%–4% per year on savings account balances (as of 2026). Actual rate depends on balance tier and account type.
What is Zenith Bank's fixed deposit rate?
Zenith Bank offers 15%–24% on fixed deposits, depending on tenor (30, 60, 90, 180 or 365 days). Higher amounts and longer tenors earn the better rates.
Where is Zenith Bank's head office located?
Zenith Bank's headquarters is at Plot 84 Ajose Adeogun Street, Victoria Island, Lagos, Lagos, Nigeria.
Is Zenith Bank NDIC-insured?
Yes. Deposits at Zenith Bank are insured by the Nigeria Deposit Insurance Corporation (NDIC) up to ₦5,000,000 per depositor per bank.
How can I contact Zenith Bank customer service?
Website: zenithbank.com. Phone: —. Head office visits: Victoria Island, Lagos.
COMPARE WITH OTHERS
FeatureZenithKudaGTB
SMS fee₦6FREE₦4
Transfer ₦5K-₦50K₦10₦10₦10
Savings rate4%12%4%
NDIC₦5M₦2M₦5M
App rating (iOS)4.5/54.5/54.8/5
Yearly cost₦4,560₦2,400₦3,840
RELATED
SWIFT CODE
ZEIBNGLA

For international transfers — see which remittance platform delivers the most naira.

SAVINGS vs STOCKS
4% vs NGX +55% YTD

Where does your ₦1M grow faster — savings or NGX stocks?

IN RICE BAGS
₦4,560 = 0.1 bags of rice

Annual banking charges in Lagos market terms.

Back to all 23 banks compared