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BANKING · QUARTERLYas of 2026-07-28

Stanbic IBTC: USSD Code, Transfer Charges, SWIFT Code & Rates

Commercial bank · Stanbic · 30 Lagos branches · ₦5M NDIC coverage

AT A GLANCE
SWIFT
SBICNGLX
USSD
*909#
Savings rate
2–5%
Fixed deposit
16–24%
WHY THIS BANK

Best for person wey dey earn well — relationship manager.

Na part of Standard Bank Group. Premium banking with relationship manager.

ABOUT Stanbic IBTC
Bank profile · we don verify am

Stanbic IBTC na Commercial bank (CBN license, NDIC dey insure am) wey dem start for 1989 (37 years ago), and na Standard Bank Group dey operate am. For 2026 e dey serve about 2M+ customers through 180 branch nationwide.

Dem start am
1989 · 37 years dey serve Nigerians
Owner company
Standard Bank Group
Customer base
2M+
Branch for Nigeria
180
Bank type
Commercial bank (CBN license, NDIC dey insure am)
Website
stanbicibtc.com
HEAD OFFICE
Stanbic IBTC headquarters
Address
IBTC Place, Walter Carrington Crescent, 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
₦10,000
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:

Stanbic4,560/year

₦2,160 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
IBTC Stockbrokers

The biggest stockbroker on Nigerian Exchange by trading volume. Buy NGX stock direct through the app.

Standard Bank parent

Standard Bank of South Africa dey own am — the only Nigerian tier-1 bank with South African parent. Access to continental corporate banking.

Wealth management

Dedicated wealth-management arm wey dey target HNW client with structured product, mutual fund, and portfolio management.

Pension custody

IBTC Pensions na one of the biggest Nigerian PFA — 30%+ share of the RSA market.

APP RATINGS & CONTACT
iOS rating
4.4 / 5
Android rating
4.2 / 5
Lagos branches
30
Lagos ATMs
80
QUESTIONS PEOPLE DEY ASK PASS
Answer about Stanbic IBTC
Wetin be Stanbic IBTC USSD code?
Stanbic IBTC USSD banking code na *909#. Dial am from any phone wey link with your account to transfer money, check balance, buy airtime, or pay bills — no data or app need.
Wetin be Stanbic IBTC SWIFT / BIC code?
Stanbic IBTC SWIFT/BIC code na SBICNGLX. Use am when you dey collect international wire transfer to your Stanbic IBTC account.
Wetin be Stanbic IBTC transfer charges?
bankingDetail.faqTransferA
Wetin be Stanbic IBTC savings account interest rate?
Stanbic IBTC dey pay 2%–5% per year on savings account balance (as of 2026). Real rate depend on balance tier and account type.
Wetin be Stanbic IBTC fixed deposit rate?
Stanbic IBTC dey offer 16%–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 Stanbic IBTC head office dey?
Stanbic IBTC headquarters dey at IBTC Place, Walter Carrington Crescent, Victoria Island, Lagos, Lagos, Nigeria.
NDIC dey insure Stanbic IBTC?
Yes. Deposit for Stanbic IBTC dey insured by Nigeria Deposit Insurance Corporation (NDIC) up to ₦5,000,000 per depositor per bank.
How I fit contact Stanbic IBTC customer service?
Website: stanbicibtc.com. Phone: —. Head office visit: Victoria Island, Lagos.
COMPARE WITH OTHERS
FeatureStanbicKudaFidelity
SMS fee₦6FREE₦5
Transfer ₦5K-₦50K₦10₦10₦10
Savings rate5%12%5%
NDIC₦5M₦2M₦5M
App rating4.4/54.5/54.2/5
Yearly cost₦4,560₦2,400₦4,200
RELATED
SWIFT CODE
SBICNGLX

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

SAVINGS vs STOCKS
5% vs NGX +55% YTD

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

IN RICE BAGS
₦4,560 = 0.1 bags rice

Yearly banking charge for Lagos market term.

Back to all 23 bank wey we compare