- BIC, 8 characters
- MOOGNGL1
- BIC, 11 characters
- MOOGNGL1XXX
- Country
- Nigeria
- Address
- Mobil Road Apapa Apapa Terminal Lagos Nigeria
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How MOOGNGL1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | MOOG Bank code |
| 5–6 | 2 | NG Country |
| 7–8 | 2 | L1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
How to use MOOGNGL1 for a transfer
Give the sender two things: the BIC MOOGNGL1 (or MOOGNGL1XXX if the form asks for 11 characters) and your account number at 11 PLC. In Nigeria the account number is the local one shown on the statement. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of 11 PLC?
The SWIFT/BIC code of 11 PLC is MOOGNGL1. In the 11-character form it is MOOGNGL1XXX, where XXX stands for the head office.
Is MOOGNGL1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. MOOGNGL1 is the same code under either name.
Do I also need the IBAN to receive money at 11 PLC?
Nigeria does not use the IBAN: give the BIC together with the local account number as shown on the statement.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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