FSDH Merchant Bank — Bank Code 401, SWIFT FSDMNGLA & Fixed Income Banking
FSDH Merchant Bank CBN bank code 401, SWIFT FSDMNGLA, fixed income and treasury banking guide — updated August 2026.
FSDH 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 FSDH Merchant Bank.
FSDH Merchant Bank (CBN code 401), formerly First Securities Discount House, is one of Nigeria's foremost fixed income and treasury-focused merchant banks. It specialises in money market instruments, debt capital markets, and investment advisory for institutional clients — not retail consumers.
FSDH 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.
| Transaction | Code to Dial | Network |
|---|---|---|
| FSDH is a merchant bank — no retail USSD banking | N/A (Institutional only) | — |
| FSDH internet banking | fsdhmerchantbank.com | Online portal |
| Client services | 01-4485500 | Voice / relationship manager |
How to Transfer Money to FSDH Merchant Bank from Another Bank
To send a NIP transfer to an FSDH 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 "FSDH Merchant Bank" (CBN code 401).
Confirm the account name displayed.
Complete the NIP transfer — instant processing.
For international transfers, provide SWIFT code FSDMNGLA.
Transfer Limits & Charges
| Transaction Type | Daily Limit | Fee |
|---|---|---|
| Inward NIP | No limit (recipient side) | Sender fee applies |
| International wire | CBN regulated | Contact FSDH |
FSDH Merchant Bank Branch Sort Codes
Branch sort codes are 9 digits: first 3 identify the bank (401), the next 6 identify the branch. Key branches for FSDH Merchant Bank are listed below.
| Branch | State | Sort Code |
|---|---|---|
| Lagos HQ (Tinubu Street) | Lagos | 401150001 |
| Abuja Office | FCT | 401150003 |
Frequently Asked Questions — FSDH Merchant Bank
What is FSDH Merchant Bank's CBN code?
FSDH Merchant Bank's CBN interbank code is 401.
What is FSDH's SWIFT code?
FSDH Merchant Bank's SWIFT/BIC code is FSDMNGLA.
What does FSDH stand for?
FSDH stands for First Securities Discount House — the bank's original name when founded in 1992 before CBN converted it to a merchant bank.
What does FSDH Merchant Bank specialise in?
FSDH specialises in fixed income trading, money market instruments, treasury management, and debt capital markets for pension funds, insurance companies, and institutional investors.
Bank codes, USSD codes, and transfer limits on this page are sourced from CBN publications, NIBSS, and official FSDH Merchant Bank communications, and are provided for informational purposes only. Codes and limits may change — always verify directly with FSDH Merchant Bank before high-value transactions. CurrentAffairs.com.ng is an independent civic information platform and is not affiliated with FSDH Merchant Bank, the CBN, or NIBSS. Last reviewed: August 2026.