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…
Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel
