AI agents for business finance: what they can and can't do
What AI agents can do in bookkeeping, close, collections and compliance today, where a person must stay in charge, and how to judge a product.
The short answer
The SWIFT/BIC code for Greenwich Merchant Bank Limited is GMBLNGLA, written GMBLNGLAXXX in its 11-character form, registered at 1698A Oyin Jolayemi, Victoria Island, Lagos. A sender abroad also needs the exact account name and number and the currency of the account. Confirm the code and any intermediary bank with Greenwich before a first or large payment.
When someone abroad pays a Greenwich Merchant Bank account, the SWIFT code tells the international network which Nigerian bank to deliver to. The code is shared by every Greenwich customer; the account number is what identifies you. Below is the code, how to read it, and a checklist for whoever is sending.
Greenwich Merchant Bank SWIFT details
| Item | Detail |
|---|---|
| Bank name on the SWIFT record | GREENWICH MERCHANT BANK LIMITED |
| SWIFT/BIC (8 characters) | GMBLNGLA |
| SWIFT/BIC (11 characters) | GMBLNGLAXXX |
| Address on the record | 1698A Oyin Jolayemi, Victoria Island |
| City | Victoria Island, Lagos |
Source: Wise's SWIFT directory entry for GMBLNGLAXXX, checked in October 2026. The address matches the head office the NDIC lists for the bank: Plot 1698A Oyin Jolayemi Street, Victoria Island, Lagos. We could not read Greenwich's own website to cross-check the code, so take final confirmation from the bank or your account documents.
Breaking the code down
- GMBL
- Bank code for Greenwich Merchant Bank Limited
- NG
- Nigeria
- LA
- Lagos
- XXX
- Primary office. GMBLNGLA and GMBLNGLAXXX reach the same bank.
What the sender needs
| Field | What to enter |
|---|---|
| Beneficiary name | Exactly as on the Greenwich account |
| Account number | Your Greenwich account number |
| Beneficiary bank | Greenwich Merchant Bank Limited |
| Bank address | Plot 1698A Oyin Jolayemi Street, Victoria Island, Lagos, Nigeria |
| SWIFT/BIC | GMBLNGLA or GMBLNGLAXXX |
| Intermediary bank | Only if Greenwich provides one for the currency |
| Purpose | Invoice number or a plain description of the payment |
Ask Greenwich which currency your account holds. A payment in the same currency as the account arrives as sent, less any fees; a payment in a different currency is converted on the way at a rate set by one of the banks in the chain.
Why the account currency matters
Merchant bank clients often hold several accounts in different currencies with the same bank. Each has its own account number, but they all share the GMBLNGLA code. If you give a payer your naira account number for a dollar payment, the funds will usually be converted on arrival rather than credited as dollars. Double-check which account number you are sharing before you send it.
Fees, timing and delays
Fees can be taken by the sender's bank, any intermediary bank and the receiving bank. The sender's form usually asks who pays: the sender, the recipient, or shared. We could not find Greenwich's charge for inward transfers in October 2026; ask the bank for the current figure. Timing depends on the route and on compliance checks at each bank.
- If a payment is late, ask the sender for the SWIFT confirmation (MT103) and its reference.
- Check the account name, number and currency match what you gave.
- Contact Greenwich with the reference; the contacts we could verify are on Greenwich customer care.
- If less arrived than was sent, look for intermediary fees on the confirmation before assuming an error.
If you are paying a Greenwich customer
When a supplier, landlord or business partner asks you to pay into a Greenwich account, the same SWIFT details apply, but the checks fall on you as the payer. Ask for the details on letterhead or from a contact you already know, and check that the beneficiary name matches the person or company you are dealing with. Confirm the currency they want: paying the wrong currency can mean a conversion you did not plan for, or a returned payment.
Before a large first payment
- Confirm the SWIFT code and any intermediary bank with the recipient, who can confirm it with Greenwich.
- Check the account name letter by letter.
- Send a small test amount and wait for confirmation.
- Keep the SWIFT confirmation your bank issues.
Protecting yourself from payment fraud
Altered bank details are among the most common frauds in international trade. A fraudster intercepts an email thread and sends "updated" account details for a supplier. Before you pay any new or changed Greenwich account details, confirm them by phone using a number you already hold, not one from the email. Sending a small test amount before a large payment is a cheap check.
For how SWIFT codes relate to IBANs and routing numbers, see IBAN, sort code, routing number and SWIFT, and for when a local rail is cheaper, SWIFT vs local payment rails.
Where Pryme fits
For freelancers and small businesses paid from abroad, a Pryme account includes local USD, GBP and EUR details alongside NGN, so many payers can use a local transfer rather than SWIFT. See multicurrency accounts.
Questions people ask
What is Greenwich Merchant Bank SWIFT code?
GMBLNGLA, or GMBLNGLAXXX in the 11-character form.
What address should I use for Greenwich Merchant Bank on a SWIFT transfer?
Plot 1698A Oyin Jolayemi Street, Victoria Island, Lagos, Nigeria.
Is GMBLNGLAXXX the same as GMBLNGLA?
Yes. XXX denotes the primary office, and both route to the same bank.
Can I receive dollars in a Greenwich Merchant Bank account?
It depends on whether your account is held in dollars. Ask Greenwich which currency your account is in before sharing details.
Sources
- GMBLNGLAXXX SWIFT code, Greenwich Merchant Bank Limited (Wise) · accessed Oct 2026
- NDIC: Insured banks directory, Merchant Banks (live page) · accessed Oct 2026
This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.