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🏦 Merchant Bank (Investment Banking)

Coronation Merchant Bank — Bank Code 559, SWIFT CORONGLA & Investment Banking

Coronation Merchant Bank CBN bank code 559, SWIFT CORONGLA, investment banking guide and FAQs — updated August 2026.

🔢 CBN: 559 🌐 SWIFT: CORONGLA 📅 Updated: August 2026

Coronation Merchant Bank Bank Codes & Identification

Every Nigerian bank has unique identification codes assigned by the CBN and international banking bodies. These route local NIP transfers, international SWIFT wires, and cheque clearing. Below are the verified codes for Coronation Merchant Bank.

CBN Bank Code
559
NIP interbank transfers
Sort Code
559150
Cheque / NEFT clearing
SWIFT / BIC
CORONGLA
International wires
ℹ️
The 3-digit CBN code 559 is what you select when choosing Coronation Merchant Bank as the destination bank during an interbank transfer on any Nigerian banking app or USSD transfer menu. It routes the payment instantly through NIBSS NIP.

Coronation Merchant Bank (CBN code 559) was relaunched in 2015 from Associated Discount House Ltd (ADHL). It is a leading Nigerian investment bank providing debt advisory, corporate finance, structured products, and treasury services — corporate and institutional clients only.

Coronation Merchant Bank USSD Codes — Full List (2026)

USSD codes let you bank from your phone dialler — no internet required. All codes below work on MTN, Glo, Airtel, and 9mobile.

TransactionCode to DialNetwork
Coronation is a merchant bank — no retail USSD N/A (Corporate only)
Coronation banking portal coronationmb.com Online
Corporate enquiries 01-4626900 Voice / relationship manager
Coronation Asset Management coronationam.com Investments portal
💡
USSD works without internet on any network. Standard SMS charges apply (₦10–₦25 per session). Your SIM must match the phone number registered on your bank account.

How to Transfer Money to Coronation Merchant Bank from Another Bank

To send a NIP transfer to a Coronation Merchant Bank account from another Nigerian bank:

Open your bank's mobile app or USSD transfer menu.

Select "Transfer to Another Bank".

Enter the recipient's 10-digit NUBAN account number.

Select "Coronation Merchant Bank" (CBN code 559).

Confirm the account name displayed.

Complete the NIP transfer — instant.

For international wires, provide SWIFT code CORONGLA.

Transfer Limits & Charges

Transaction TypeDaily LimitFee
Inward NIP No limit (recipient side) Sender fee applies
International wire CBN regulated Contact Coronation
⚠️
Coronation Merchant Bank transactions are managed via online portal or dedicated relationship managers.

Coronation Merchant Bank Branch Sort Codes

Branch sort codes are 9 digits: first 3 identify the bank (559), the next 6 identify the branch. Key branches for Coronation Merchant Bank are listed below.

BranchStateSort Code
Victoria Island HQ Lagos 559150001
Abuja Office FCT 559150003
ℹ️
For the complete list of Coronation Merchant Bank branch codes, contact customer care or visit any branch. Branch codes are mainly used for cheque clearing and inward wire references.

Frequently Asked Questions — Coronation Merchant Bank

What is Coronation Merchant Bank's CBN code?

Coronation Merchant Bank's CBN interbank code is 559.

What is Coronation Merchant Bank's SWIFT code?

Coronation Merchant Bank's SWIFT/BIC code is CORONGLA.

What does Coronation Merchant Bank do?

Coronation provides debt advisory, structured finance, project finance, corporate treasury, and debt capital markets for Nigerian corporates, government agencies, and institutional investors. It also operates Coronation Asset Management.

Is Coronation related to Associated Discount House?

Yes. Coronation Merchant Bank was formed from Associated Discount House Ltd (ADHL), converted by the CBN to a merchant bank in 2015 and rebranded under new ownership.

Bank codes, USSD codes, and transfer limits on this page are sourced from CBN publications, NIBSS, and official Coronation Merchant Bank communications, and are provided for informational purposes only. Codes and limits may change — always verify directly with Coronation Merchant Bank before high-value transactions. CurrentAffairs.com.ng is an independent civic information platform and is not affiliated with Coronation Merchant Bank, the CBN, or NIBSS. Last reviewed: August 2026.