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BANKING · QUARTERLYas of 2026-07-28

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

Commercial bank · Providus · 10 Lagos branches · ₦5M NDIC coverage

AT A GLANCE
SWIFT
UMPLNGLA
USSD
Savings rate
3–6%
Fixed deposit
20–24%
WHY THIS BANK

Highest fixed deposit rate (reach 23.66%).

Small bank but dem get the highest fixed deposit rate. Plenty fintech dey use dem.

ABOUT Providus Bank
Bank profile · we don verify am

Providus Bank na Commercial bank (CBN license, NDIC dey insure am) wey dem start for 2016 (10 years ago), and na Providus Bank Ltd dey operate am. For 2026 e dey serve about 500K+ customers through 30 branch nationwide.

Dem start am
2016 · 10 years dey serve Nigerians
Owner company
Providus Bank Ltd
Customer base
500K+
Branch for Nigeria
30
Bank type
Commercial bank (CBN license, NDIC dey insure am)
Website
providusbank.com
HEAD OFFICE
Providus Bank headquarters
Address
Plot 54 Adetokunbo Ademola 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
₦5 / 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
₦5,000
NDIC coverage
₦5M NDIC coverage
TRUE YEARLY COST
at typical use

If you dey do 20 transfer, 4 other-bank ATM visit, and 30 SMS alert every month:

Providus4,200/year

₦1,800 more than Kuda (₦2,400/yr). That na 0 bags of rice.

Compare with all 23 bank →
HOW TO OPEN ACCOUNT

Time to open: 15 minute · Online through app

UNIQUE FEATURES
Digital-native commercial bank

One of Nigeria newer commercial bank (2016) wey dem build with digital-first infrastructure — no legacy core banking to migrate.

Premium retail focus

Providus dey target HNW and premium retail client rather than mass market. Lower branch count dey reflect this positioning.

Providus Direct

Corporate banking platform for mid-cap Nigerian company with priority on treasury and forex service.

Fastest interbank transfers

Providus don consistently rank among the fastest Nigerian bank on interbank transfer settlement — differentiator for business customer.

APP RATINGS & CONTACT
iOS rating
3.8 / 5
Android rating
3.6 / 5
Lagos branches
10
Lagos ATMs
20
QUESTIONS PEOPLE DEY ASK PASS
Answer about Providus Bank
Wetin be Providus Bank SWIFT / BIC code?
Providus Bank SWIFT/BIC code na UMPLNGLA. Use am when you dey collect international wire transfer to your Providus Bank account.
Wetin be Providus Bank transfer charges?
bankingDetail.faqTransferA
Wetin be Providus Bank savings account interest rate?
Providus Bank dey pay 3%–6% per year on savings account balance (as of 2026). Real rate depend on balance tier and account type.
Wetin be Providus Bank fixed deposit rate?
Providus Bank dey offer 20%–24% on fixed deposit, e depend on tenor (30, 60, 90, 180 or 365 days). Higher amount and longer tenor go earn better rate.
Where Providus Bank head office dey?
Providus Bank headquarters dey at Plot 54 Adetokunbo Ademola Street, Victoria Island, Lagos, Lagos, Nigeria.
NDIC dey insure Providus Bank?
Yes. Deposit for Providus Bank dey insured by Nigeria Deposit Insurance Corporation (NDIC) up to ₦5,000,000 per depositor per bank.
How I fit contact Providus Bank customer service?
Website: providusbank.com. Phone: —. Head office visit: Victoria Island, Lagos.
COMPARE WITH OTHERS
FeatureProvidusKudaFidelity
SMS fee₦5FREE₦5
Transfer ₦5K-₦50K₦10₦10₦10
Savings rate6%12%5%
NDIC₦5M₦2M₦5M
App rating3.8/54.5/54.2/5
Yearly cost₦4,200₦2,400₦4,200
RELATED
SWIFT CODE
UMPLNGLA

For international transfer — see which remittance platform dey give the most naira.

SAVINGS vs STOCKS
6% vs NGX +55% YTD

Where ₦1M dey grow faster — savings or NGX stock?

IN RICE BAGS
₦4,200 = 0.1 bags rice

Yearly banking charge for Lagos market term.

Back to all 23 bank wey we compare