🇳🇬 Nigeria’s Official Civic & Governance Knowledge Platform currentaffairs.com.ng 💼 Latest Jobs ❓ Take Civic Quiz
🏦 Merchant Bank (Investment Banking)

FBNQuest Merchant Bank — Bank Code 545, SWIFT FBQMNGLA & Investment Banking

FBNQuest Merchant Bank CBN bank code 545, SWIFT FBQMNGLA, sort code, investment banking guide and FAQs — updated August 2026.

🔢 CBN: 545 🌐 SWIFT: FBQMNGLA 📅 Updated: August 2026

FBNQuest 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 FBNQuest Merchant Bank.

CBN Bank Code
545
NIP interbank transfers
Sort Code
545150
Cheque / NEFT clearing
SWIFT / BIC
FBQMNGLA
International wires
ℹ️
The 3-digit CBN code 545 is what you select when choosing FBNQuest 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.

FBNQuest Merchant Bank (CBN code 545) is the investment banking and asset management arm of FBN Holdings Plc (First Bank Group). It provides debt advisory, structured finance, securities trading, and wealth management to institutional and corporate clients — not a retail bank.

FBNQuest 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
FBNQuest is a merchant bank — no retail USSD N/A (Institutional only)
FBNQuest online banking fbnquest.com Online portal
Client services 01-4485300 Voice / relationship manager
💡
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 FBNQuest Merchant Bank from Another Bank

FBNQuest serves institutional and corporate clients. To send a NIP transfer to an FBNQuest account:

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 "FBNQuest Merchant Bank" (CBN code 545).

Confirm the account name displayed.

Complete the NIP transfer — instant.

For international transfers, provide SWIFT code FBQMNGLA.

Transfer Limits & Charges

Transaction TypeDaily LimitFee
Inward NIP No limit (recipient side) Sender fee applies
International wire CBN regulated Contact FBNQuest
⚠️
FBNQuest is separate from First Bank of Nigeria (code 011), which is the retail banking arm of FBN Holdings.

FBNQuest Merchant Bank Branch Sort Codes

Branch sort codes are 9 digits: first 3 identify the bank (545), the next 6 identify the branch. Key branches for FBNQuest Merchant Bank are listed below.

BranchStateSort Code
Ikoyi Head Office Lagos 545150001
Abuja Office FCT 545150003
ℹ️
For the complete list of FBNQuest 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 — FBNQuest Merchant Bank

What is FBNQuest Merchant Bank's CBN code?

FBNQuest Merchant Bank's CBN interbank code is 545. Note: this is different from First Bank of Nigeria's code (011).

What is FBNQuest's SWIFT code?

FBNQuest Merchant Bank's SWIFT/BIC code is FBQMNGLA.

Is FBNQuest the same as First Bank?

No. Both are under FBN Holdings Plc but are separate entities. First Bank (code 011) is the retail commercial bank. FBNQuest (code 545) is the investment banking and merchant banking arm.

What does FBNQuest do?

FBNQuest provides investment banking, debt capital markets, structured finance, securities trading, asset management, and wealth management for corporations, pension funds, and high-net-worth clients.

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