Kuda Bank Sort Code
Kuda operates as a financial technology company, offering mobile banking services in Nigeria. Just like PalmPay and Moniepoint , the bank doesn't utilize a traditional sort code. However, Kuda does have a 090267 NIBSS code which can also be refers to as Kuda Sort Code. A sort code is a unique identifier for a specific bank branch within a country, essential for various domestic banking activities. It facilitates the smooth processing of electronic funds transfers, direct debits, and other financial transactions. In Nigeria, the Nigeria Inter-Bank Settlement System (NIBSS) is responsible for managing these codes, ensuring uniformity and accuracy across the banking sector. Kuda does not have a traditional banking license (that's commercial banking license), which is a requirement for having a sort code in Nigeria. Nonetheless, Kuda facilitates transfers through electronic networks built for FinTech companies. These networks operate differently than the interbank system used by comm…
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