Niger — SWIFT/BIC Codes & Payment Info

Payment requirements for Niger: Overview: Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, account number, and beneficiary bank address).

Country Requirements/Restrictions: Additional supporting documentation may be required from the beneficiary.

Payment Formatting Rules for XOF:

• Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
• Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), address, and telephone number of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
• It is mandatory to format account numbers for beneficiaries with accounts in Niger according to the below specifications. Account numbers should be 24 characters consisting of the 5-character bank code (including the 2-character country code) + 5-character branch code + 12-digit account number + 2-digit Clé RIB.
• Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxNExx or xxxxNExxxxx.
• Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.

Additional Information: This country is a member of the Central Bank of West African States. XOF is a zero-decimal currency.