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Find SWIFT codes of all banks in Ghana

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Find SWIFT codes of all banks in Ghana

What is a SWIFT Code?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in ‘XXX’) refer to the head or primary office. SWIFT codes are formatted as follows:

  • First 4 characters – bank code (only letters)
  • Next 2 characters – ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters – location code, passive participant will have “1” in the second character (letters and digits)
  • Last 3 characters – branch code, optional – ‘XXX’ for primary office (letters and digits)

The Central Bank of Ghana as a regulatory body for all commercial bank operations in Ghana has an assigned SWIFT code for every licensed commercial bank in the country.

Search in the table below for your bank’s SWIFT code:

Bank CityBranchSWIFT Code
ABSA BANK OF GHANA LIMITEDACCRA(ALL BRANCHES IN GHANA)BARCGHAC
ABSA BANK OF GHANA LIMITEDACCRA(OFFSHORE BANKING UNIT)BARCGHACOBU
ACCESS BANK (GHANA) PLCACCRA280100ABNGGHAC
AGRICULTURAL DEVELOPMENT BANKACCRA80100ADNTGHAC
ARB APEX BANK LIMITEDACCRA70101AREXGHAC
BANK OF AFRICA - GHANA LIMITEDACCRA210100AMMAGHAC
BANK OF GHANAACCRABAGHGHA4
BANK OF GHANAACCRABAGHGHA5
BANK OF GHANAACCRA10101BAGHGHAC
BSIC GHANA LTDACCRA270100BSAHGHAC
CAL BANK LIMITEDACCRA(CAL BANK CUSTODY SERVICES)ACCCGHACCBS
CAL BANK LIMITEDACCRA140100ACCCGHAC
CENTRAL SECURITIES DEPOSITORY (GH) LIMITEDACCRACSDRGHAC
CONSOLIDATED BANK GHANA LIMITEDACCRA340100UBGHGHAC
CONTROLLER AND ACCOUNTANT-GENERAL'S DEPARTMENTACCRACODGGHAC
ECOBANK GHANAACCRAECOCGHACCUS
ECOBANK GHANAACCRA130101ECOCGHAC
ECOBANK GHANAKUMASI(KUMASI BRANCH)ECOCGHACKSI
ECOBANK GHANATAKORADI(TAKORADI BRANCH)ECOCGHACTDI
ECOBANK GHANATEMA(TEMA BRANCH)ECOCGHACTMA
FBNBANK GHANA LIMITEDACCRA200101INCEGHAC
FIDELITY BANK GHANA LIMITEDACCRA240100FBLIGHAC
FIRST ATLANTIC BANK LIMITEDACCRAFAMCGHAC
FIRST NATIONAL BANK GHANA LIMITEDACCRA330100FIRNGHAC
GCB BANK LIMITEDACCRA40199GHCBGHAC
GCB BANK LIMITEDKUMASI40601GHCBGHACKSI
GCB BANK LIMITEDTAKORADI40401GHCBGHACTDI
GCB BANK LIMITEDTEMA40107GHCBGHACTMA
GHANA REVENUE AUTHORITYACCRAGHRAGHAC
GHL BANK LTDACCRA390100GHLLGHAC
GUARANTY TRUST BANK (GHANA) LTDACCRA230101GTBIGHAC
NATIONAL INVESTMENT BANKACCRA50131NIBGGHAC
OMNIBANK GHANA LIMITEDACCRA360101OMBLGHAC
PRUDENTIAL BANK LIMITEDACCRA180101PUBKGHAC
REPUBLIC BANK (GHANA) LTDACCRA(CUSTODY SERVICES)HFCAGHACCSD
REPUBLIC BANK (GHANA) LTDACCRA110103HFCAGHAC
SOCIAL SECURITY AND NATIONAL INSURANCE TRUSTACCRASSNTGHAC
SOCIETE GENERALE GHANA LIMITEDACCRA90115SSEBGHAC
SOCIETE GENERALE GHANA LIMITEDKUMASI90602SSEBGHACKSI
SOCIETE GENERALE GHANA LIMITEDTAMALE90801SSEBGHACTAM
STANBIC BANK GHANA LIMITEDACCRA190101SBICGHAC
STANDARD CHARTERED BANK GHANA LIMITEDACCRA(HEAD OFFICE)SCBLGHAC
STANDARD CHARTERED BANK GHANA LIMITEDACCRA(SECURITIES SERVICES UNIT)SCBLGHACSSU
STANDARD CHARTERED BANK GHANA LIMITEDKUMASISCBLGHACKSI
STANDARD CHARTERED BANK GHANA LIMITEDTAKORADISCBLGHACTDI
STANDARD CHARTERED BANK GHANA LIMITEDTEMA20106SCBLGHACTMA
TAKORADI INTERNATIONAL COMPANYTAKORADITAKOGHAC
UNITED BANK FOR AFRICA (GHANA) LTDACCRA60101STBGGHAC
UNIVERSAL MERCHANT BANK LIMITEDACCRA100101MBGHGHAC
UNIVERSAL MERCHANT BANK LIMITEDKUMASI100601MBGHGHACKSI
UNIVERSAL MERCHANT BANK LIMITEDTAKORADI100401MBGHGHACTDI
UNIVERSAL MERCHANT BANK LIMITEDTEMA100102MBGHGHACTMA
ZENITH BANK (GHANA) LIMITEDACCRA120101ZEBLGHAC
UNIVERSAL MERCHANT BANK LIMITEDTAKORADI100401MBGHGHACTDI
UNIVERSAL MERCHANT BANK LIMITEDTEMA100102MBGHGHACTMA
ZENITH BANK (GHANA) LIMITEDACCRA120101ZEBLGHAC
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List of Real Estate Houses With Their Prices And Locations in Ghana

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List of Real Estate Houses With Their Prices Regimanuel Grey Estate

List of Real Estate Houses With Their Prices And Locations in Ghana

List of Real Estate Houses With Their Prices: Real estate in Ghana is booming and there are many options to choose from if you are a foreigner or a local. Ghana has some of the best real estate developers who build quality and sustainable properties for use. Every one of us needs our own accommodation or shelter at a point in our lives so it makes perfect sense to invest in real estate in Ghana. The Ghana real estate market in 2019 was exceptional.

The coming year looks even more promising. To help in your search for that perfect estate house, we have created a list of estate houses with their prices and locations within Ghana so you can easily make a choice and contact them for a physical viewing and a great deal.

Real Estate Houses for Sale in Ghana

Here is a comprehensive list of estate houses in Ghana with their prices and locations as well as their developers. Buying an estate house is a good investment as it comes with the land and a good neighborhood. You can also decide to build your own house if you prefer that.

The Greens Estate

The Greens Estate

The Greens Estate is a new and luxurious estate located in community 25, Tema. You will find a modern, pleasant and satisfying home that has eco-friendly features as well as a wonderful community. You can take a 360-degree tour of the estate houses even before you arrange a physical viewing.

Prices and Location

Units Location Price (GHS)
The Neem Tema Community 25
456,867
The Oak Tema Community 25
581,962
The Pine Tema Community 25
413,356
The Oak Plus Tema Community 25
679,862

 

The Sohenko Courts

The Sohenko Courts

This estate is composed of many townhomes. Which form the Sohenko Estates. You can contact them to request a viewing of these magnificent estates.

Prices and Location

Unit Location Price ($)
5 Bedroom Mansion North Legon
210,000
4 Bedroom Townhouse North Legon
175,000
4 Bedroom House North Legon
190,000
3 bedroom Semi-detached Adenta
145,000
3 bedroom TownHouse North Legon
160,000
2 Bedroom TownHouse North Legon
95,000
2 Bedroom TownHouse North Legon
120,000

Paradise Estates

Paradise Estates

The Paradise Estates is a plush estate located within the East Legon Hills. This estate in Ghana has been well planned out to serve its residents on an aesthetic and practical basis. You will enjoy coming home to this serene estate from Paradise Estates in East Legon. There are many houses for sale in Ghana at East Legon but Paradise estate is one of the best you can get.

Prices and Location

Unit Location Price (GHS)
3 Bedroom Luxury Home East Legon Hills
951,807
4 Bedroom Luxury Home East Legon Hills
1,574,561

 

23 Odum Estates

23 Odum Estates

If you are ever in Accra and want to stay in a luxurious and well-built estate, then the 23 Odum would be a great option. 23 Odum has all the facilities to make your stay a very comfortable one. They have the following facilities at your disposal:

– 24hr Backup Power

– Excellent Roads

– 24hr Security

– Swimming Pool

– Kids Play Area

– Integrated Solar Power (optional)

– Fibre Broadband Connectivity

– Electric charging Station (optional).

Prices and Location

Units Location Price ($)
4 Bedroom Townhouse Dzorwulu
385,000

Adom City Estate

List of Real Estate Houses With Their Prices Adom City Estate

The Adom City Estates can be found in the Eastern region at the border with the Greater Accra region. This real estate company has a number of estates around Ghana which they have developed and some of which are still under construction, like the Adom City Estate Community 25 project in Tema. Tema has witnessed many changes over the past few years and one of the major ones is the real estate sector.

Adom City Estates has 3 estates: the Adom Hills, Adom Court, and the Community 25 project. They have proven to be one of the best real estate companies in Ghana and have won multiple awards. This is mainly because of the affordability of their estates. Affordability in real estate in Ghana is still very relative but Adom real estate is doing a great job in the middle and lower class category.

Prices and Location

Units Location Price (GHS)
2 Bedroom Tema 200,000
2 Bedroom Kasoa 170,000
3 Bedroom Tema 270,000
3 Bedroom Kasoa 230,000
4 Bedroom Tema 400,000
4 Bedroom Kasoa 350,000

The Adom Courts at Kuntunse, Adom Hills at Apra, and the last in Tema, Community 25 are some of the best estates in Accra. If you are interested in living on the periphery of the city then these estates would be ideal for you. Adom Estates have very competitive prices for 3 bedroom houses and more in Ghana.

Lakeside Estate

List of Real Estate Houses With Their Prices Lakeside Estate

The Lakeside Estate is a very beautiful and well-organized estate in Ghana. You can find the Lakeside Estate at Ashale-Botwe in Accra. This estate is ideal for families as it has all the necessary amenities like a park for recreation, a hospital, and more. There is currently Lakeside Estate property for sale at good prices so make sure to check the table below to know the current prices. There are a few lakeside estate houses for rent which you might want to take advantage of as well.

Many people search for Lakeside Estates land for sale because Lakeside is one of the best Estates in Accra. You can get a 2 bedroom house at Lakeside  Estate at a very affordable price. Lakeside Estate townhomes and Lakeside estate apartments are a real asset to have.

Prices and Location

Unit Location Price ($)
2 Bedroom Semi-Detached (Shell) Adenta Municipality 57,000
2 Bedroom Detached (Sea Shell) Adenta Municipality 99,750
3 Bedroom Detached (StarFish) Adenta Municipality 125,000
3 Bedroom With BQ (Super Starfish) Adenta Municipality 155,000
4 Bedroom Executive With An Outhouse (Dolphin) Adenta Municipality 210,000

 

Regimanuel Grey Estate

Regimanuel Grey Estate

The Regimanuel Grey Estate company has contributed greatly to real estate in Ghana. They have truly aided in the major housing deficit that Ghana is struggling with. Some of the estates that Regimanuel Grey have built include the following:

  • East Airport development includes the Regimanuel Estates Golden Gate, Silver Bells, Platinum Place and Diamond Hills.
  • Meridian Garden at Klagon
  • Eagles Palace at Sakumono
  • Katamanso is close to Ashiyie which includes the Regimanuel Adom Gate Estates.
  • Balloon Gate at Kwabenya

Regimanuel Grey Estates are well-planned communities of over 600 executive single and two-storey houses and 240 luxury apartments set in a serenely landscaped environment including a beautiful community centre, pool and tennis courts. With close to 1000 buildings, Regimanuel grey is one of the most sought after estates in Ghana.

Below are the Regimanuel Estate prices for consideration. As one of the major real estate companies in Ghana, you can be assured of quality service.

Prices and Location

Unit Location Price ($)
Detached 2 Storey  Sakumono 650,000
Semi-Detached 2 Storey Sakumono 595,000
3 Bedroom Apartments Klagon 270.000
RG-3 Katamanso 234,000
2 Bedroom Apartments Klagon 190,000
RG-7 Katamanso 150,475
2 Bedroom Apartments Kwabenya 125,000
RG-1 Katamanso 83,400

Trasacco Valley Estates

Trasacco Valley Estates

Trasacco is undoubtedly one of the best real estate companies in Ghana with a credible reputation. Many people like to take pictures at Trasacco Valley due to the exquisite finishings. Some of the Trasacco developments include the following: Trasacco Springs, Cantonments Development.

There are many Trasacco homes for sale in Ghana right now that you can view and purchase. You can get the prices of houses in Trasacco Accra, Ghana in the table below. The Trassaco Ghana house prices are estimated based on the data from the Meqasa website.

Prices and Location

Units Location Price (GHc)*
2 Bedroom Arjinganor, East Legon 250,000 – 1.6M
3 Bedroom Arjinganor, East Legon 650,000 – 3.5M
4 Bedroom Arjinganor, East Legon 1M – 7M
5 Bedroom Arjinganor, East Legon 2.7M – 13.5M

 

*These prices are approximations based on data taken from the Meqasa website.

 

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What is the full meaning of SWIFT code?

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Society for Worldwide Interbank Financial Telecommunication What is the full meaning of SWIFT code?

What is the full meaning of SWIFT code?

SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in ‘XXX’) refer to the head or primary office. SWIFT codes are formatted as follows:

  • First 4 characters – bank code (only letters)
  • Next 2 characters – ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters – location code, the passive participant will have “1” in the second character (letters and digits)
  • Last 3 characters – branch code, optional – ‘XXX’ for primary office (letters and digits)

Read more: Find SWIFT codes of all banks in Ghana

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African payments company Flutterwave now valued at over $1B

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Flutterwave now valued at over $1B

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billion.

New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the Series C round. New and existing investors who participated include DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, Insight Partners, Salesforce Ventures, Tiger Management, Worldpay FIS and 9yards Capital.

The Series C round comes a year after Flutterwave closed its $35 million Series B and $20 million Series A in 2018. In total, Flutterwave has raised $225 million and is one of the few African startups to have secured more than $200 million in funding.

Launched in 2016 as a Nigerian and U.S.-based payments company with offices in Lagos and San Francisco, Flutterwave helps businesses build customizable payments applications through its APIs.

When the company raised its Series B, we reported that Flutterwave had processed 107 million transactions worth $5.4 billion. Right now, those numbers have increased to over 140 million transactions worth more than $9 billion. The company, which also helps businesses outside Africa to expand their operations on the continent, has an impressive clientele of international companies, including Booking.com, Flywire and Uber.

Flutterwave says more than 290,000 businesses use its platform to carry out payments. And according to the company’s statement, they can do so “in 150 currencies and multiple payment modes including local and international cards, mobile wallets, bank transfers, Barter by Flutterwave.”

While its website shows an active presence in 11 African countries, Flutterwave CEO Olugbenga Agboola, also known as GB, told TechCrunch the company is live in 20 African countries with an infrastructure reach in over 33 countries on the continent.

Last year was a pivotal one for the five-year-old company. Its second investment came just in time before the COVID-19 pandemic hit Africa, negatively impacting some businesses but not payments companies like Flutterwave.

Agboola says his company grew more than 100% in revenue within the past year due to the pandemic without giving specifics on numbers. It also contributed to its compound annual growth rate (CAGR) of 226% from 2018.

According to the CEO, this growth resulted from an increase in activities in “COVID beneficiary sectors” — a term used by Flutterwave to describe sectors positively impacted by the pandemic. They include streaming, gaming, remittance and e-commerce, among others. Agboola adds that the company plans to ride on these sectors’ growth and continue in that trajectory.

Besides, Flutterwave’s response in introducing the Flutterwave Store for merchants during pandemic-induced lockdowns was instrumental as well. The product, which went live across 15 African countries, helps over 20,000 merchants to create storefronts and sell their products online.

Flutterwave wants to become a global payments company, and the Series C investment helps to reach that goal. The company says it plans to use the funds to speed up customer acquisition in its present markets. It will also improve existing product offerings like Barter, where it has over 500,000 users, and introduce new offerings. One such is Flutterwave Mobile, which in the founder’s words “will turn merchants’ mobile devices into a point of sale, allowing them to accept payments and make sales.”

In a statement, Agboola gives credit to the company’s more than 300 staff, investors, customers and regulatory bodies like the Central Bank of Nigeria (CBN) for creating the backbone for Flutterwave’s success.

For some, it would come off as strange that the CEO mentioned the last stakeholder given the unfavorable and questionable regulations it has recently placed on fintechs in Nigeria.

However, Agboola thinks the reverse is the case. He makes a bold statement by saying that under the current CBN governor’s administration, the Central Bank has shown a consistent regulatory framework that has allowed fintechs like Flutterwave to thrive.

“Flutterwave, for instance, launched when the governor just came in. We got our license and scaled our business because of a favourable regime that allowed it to be possible. There are so many trailblazing innovations that we don’t talk about a lot about Nigeria, like the BVN and the NIP system. Nigeria has consistently been at the forefront of payments innovation for over a decade, and it was all possible because of the forward-looking CBN policies,” he said.

On exits, acquisitions and the billion-dollar club
One fintech company that has unquestionably championed payments in this time frame is Interswitch. The payments giant is currently worth $1 billion after Visa acquired a 20% stake in 2019, and Flutterwave joins the company as the only fintechs in Nigeria to have reached that valuation. This number increases to four in Africa when including publicly traded African e-commerce company Jumia and Egyptian payments company Fawry.

Flutterwave’s $170 million mammoth raise and its billion-dollar valuation represent a landmark achievement for the African startup scene. While the aforementioned companies’ valuations can’t be disputed, there are question marks on whether some are startups and whether others are African companies.

Interswitch, for instance, was founded in 2002, which doesn’t necessarily make it a startup despite still being private. Fawry was launched in 2007, but didn’t become a billion-dollar company until 2020, a year after going public. Jumia, albeit public, reached unicorn status as a private company in 2016; however, there are varying opinions as to whether it is an African company or not.

Unlike the others, Flutterwave checks all the boxes of what a billion-dollar African startup should ideally look like — founded by Africans in Africa while reaching a $1 billion valuation in fewer than 10 years.

Most stakeholders in Africa’s tech ecosystem knew this would happen, but the timing expected was later rather than sooner. After raising $35 million in a Series B in 2020, who would have thought Flutterwave was going to raise almost five times that amount the following round and be valued at more than $1 billion the next year? Maybe just a few.

Well, these numbers rarely matter to Agboola, as I ask him what he thinks of Flutterwave’s new growth metric. “I’ll say valuation is both art and science. At some point, we were also the most valuable African company at YC, but it’s not really a metric we’re focused on at Flutterwave because they move up and down,” he smiles. “Our key metrics have always been revenue, customer growth and retention.”

Aptly said, but as the company continues to grow, questions around profitability and exit will become more frequent.

Paystack, another Nigerian payments company that is often compared to Flutterwave, got acquired by Stripe for more than $200 million last year. At the time, there were also rumours of Flutterwave taking the same route, but this Series C raise suggests that the company is not looking to exit at the moment. However, if the YC-backed company indeed does, it might be through an IPO.

“Like every other startup, we’re thinking about ways to create exit tools for our investors. So, a listing is very much in our plans, but for now, we’re focused on giving the best value to our customers,” Agboola said.

In the course of the company’s journey to this point, it has remained big on partnerships. In 2019, Flutterwave partnered with Visa to launch Barter and Alipay to offer digital payments between Africa and China. Then last year, the company announced a partnership with Worldpay FIS for payments in Africa.

Although Flutterwave has done this with bigger establishments, Agboola says the company will be looking to do the same with smaller companies, opening the doors to potential acquisitions.

“We believe in payments in partnership as you have to partner to scale. So, if in the course of making partnerships and scaling and we identify promising companies with a similar ethos and have our vision in mind, that is in making Africa a country, an acquisition isn’t off the table,” he said.

After capturing much of Sub-Saharan Africa, Agboola says Flutterwave’s next plan is to go live in North Africa. There, it will likely face competition from a local leader, Fawry, but that doesn’t matter. The African fintech market is large enough to accommodate multiple players.

That’s one reason why it has also been a popular bet with investors. The sector, which is both local and international investors’ top destination, attracted between 25% to 31% of the total VC funding last year from varying sources.

But from the information on their websites, this is the first time Flutterwave’s lead investors — Avenir Growth Capital and Tiger Global — are backing an African fintech startup. For the former, Flutterwave represents the first African startup in its portfolio, but Tiger Global is known to have invested in Nigerian media company iROKOtv and South African e-commerce company, Takealot.

Via their partners — Jamie Reynolds of Avenir Growth Capital and Scott Shleifer of Tiger Global, both firms said they’re backing Flutterwave on its quest to build a global and world-class payments company.

Looking into the future, Agboola insists that the company’s focus remains to support its 290,000 merchants and help them build global businesses.

“We look forward to increasing our investments across the continent and deepening the impact our platform has on lives and livelihoods as we take more businesses in Africa to the world, and at the same time continue to bring more of the world to Africa,” he said.

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