--- title: "Nedbank Limited SWIFT/BIC code NEDSZAJJXXX · South Africa | Elucidate" description: "SWIFT/BIC code NEDSZAJJXXX for Nedbank Limited, South Africa. 2 branch BICs, LEI 213800ZBWY3BU3UUMA42, addresses and Swift connectivity." url: https://elucidate.co/directory/nedbank-limited-nedszajj --- 1. [Directory](https://elucidate.co/directory) 2. [South Africa](https://elucidate.co/directory/country/za) 3. Nedbank Limited ![Nedbank logo](https://elucidate.co/images/banks/8b/8b38330124379517.svg) South Africa · Financial institution # Nedbank Limited Nedbank Limited is a public company incorporated in South Africa, registration number 1951/000009/06. Its head office is at the Nedbank 135 Rivonia Campus in Sandton. Nedbank Group Limited, which is listed on the JSE, is its direct and ultimate parent according to the Legal Entity Identifier (LEI) record. The bank provides retail, business, commercial, corporate and investment banking in South Africa, and it also operates a branch in London. In 2025 the group sold its stake in Ecobank Transnational Incorporated and bought the fintech company iKhokha. In 2026 it made an offer for a controlling stake in NCBA Group in Kenya. BIC **NEDSZAJJXXX** LEI **[213800ZBWY3BU3UUMA42](https://search.gleif.org/#/record/213800ZBWY3BU3UUMA42)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member [**2** branch codes](https://elucidate.co/directory/nedbank-limited-nedszajj#branches) [**5** respondent banks](https://elucidate.co/directory/nedbank-limited-nedszajj#respondents) [Group: Nedbank Group Limited](https://elucidate.co/directory/group/3789009E42FA3CB31065) [Claim this profile](https://elucidate.co/directory/nedbank-limited-nedszajj#claim) ## Licences and registrations Matched by LEI on the 22 tracked registers None matched by LEI in the 22 tracked registers. - The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked. ## Swift network Swift’s ISO 9362 BIC directory - **BIC:** NEDSZAJJXXX head office - **Connection to Swift:** Connected to Swift - **Swift GPI:** Live member - **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC - **Branch codes:** [2 branch codes](https://elucidate.co/directory/nedbank-limited-nedszajj#branches) - **Other BIC with this LEI:** [NEDSGB2L](https://elucidate.co/directory/nedbank-ltd-nedsgb2l) - **BIC first registered:** 1982-09-06 - **Last updated:** 2023-03-14 ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/nedbank-limited-nedszajj#overview-sources) Total assets ZAR 1.46tn This entity · 31 Dec 2025 · [annual report ↗](https://group.nedbank.co.za/content/dam/group/pdf/20_financial-results/2025/annual-results/2025-annual-results-booklet-nedbank.pdf) Employees 25,795 headcount · Group · 31 Dec 2025 · [annual report ↗](https://group.nedbank.co.za/content/dam/group/pdf/20_financial-results/2025/annual-results/2025-annual-results-booklet-nedbank.pdf) Ownership Group subsidiary Nedbank Group Limited Institution type Universal bank Trades as Nedbank - **Ownership:** Nedbank Group Limited is the direct and ultimate parent, and it is listed on the JSE, the Namibian Stock Exchange and A2X. - **Direct parent:** [Nedbank Group Limited ↗](https://search.gleif.org/#/record/3789009E42FA3CB31065), South Africa - **Head office:** Nedbank 135 Rivonia Campus, 135 Rivonia Road, Sandown, 2196 Sandton, South Africa - **Company register:** 1951/000009/06 (Companies and Intellectual Property Commission, South Africa) ### Business lines - Retail banking - Corporate banking - Investment banking - SME banking - Mortgage lending - Consumer finance - Cards - Transaction banking & payments - Trade finance - Markets & trading - Private banking & wealth - Leasing & factoring The bank works through four client clusters: Corporate and Investment Banking, Business and Commercial Banking, Personal and Private Banking, and Nedbank Africa Regions. The fleet-management business Eqstra operates as a division of the bank. ### Online - **Websites & references:** [nedbank.co.za ↗](https://www.nedbank.co.za/) [group.nedbank.co.za ↗](https://group.nedbank.co.za/) group corporate and investor relations site [personal.nedbank.co.za ↗](https://personal.nedbank.co.za/) personal banking site [business.nedbank.co.za ↗](https://business.nedbank.co.za/) business and commercial banking site [cib.nedbank.co.za ↗](https://cib.nedbank.co.za/) Corporate and Investment Banking site [private.nedbank.co.za ↗](https://private.nedbank.co.za/) private banking site - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/nedbank) · [X ↗](https://twitter.com/Nedbank) · [Facebook ↗](https://www.facebook.com/Nedbank) · [Instagram ↗](https://www.instagram.com/nedbank) · [YouTube ↗](https://www.youtube.com/user/nedbank) Sources · 8 pages consulted 1. [nedbank.co.za/](https://www.nedbank.co.za/) 2. [group.nedbank.co.za/home/leadership.html](https://group.nedbank.co.za/home/leadership.html) 3. [group.nedbank.co.za/content/dam/group/pdf/20\_financial-results/2025/annual-results/2025-annual-results-bookle](https://group.nedbank.co.za/content/dam/group/pdf/20_financial-results/2025/annual-results/2025-annual-results-booklet-nedbank.pdf) 4. [nsx.com.na/unaudited-interim-financial-results-for-the-6-months-ended-30-june-2026-and-cash-dividend](https://nsx.com.na/unaudited-interim-financial-results-for-the-6-months-ended-30-june-2026-and-cash-dividend-declaration/) 5. [group.nedbank.co.za/explore-investor-relations/results-and-reports.html](https://group.nedbank.co.za/explore-investor-relations/results-and-reports.html) 6. [resbank.co.za/content/dam/sarb/publications/media-releases/2022/pa-nedbank-sanctions/South%20African%20](https://www.resbank.co.za/content/dam/sarb/publications/media-releases/2022/pa-nedbank-sanctions/South%20African%20Reserve%20Bank%20imposes%20administrative%20sanctions%20on%20Nedbank%20Limited.pdf) 7. [techcabal.com/2026/07/31/nedbank-hires-mtn-executive-as-cio/](https://techcabal.com/2026/07/31/nedbank-hires-mtn-executive-as-cio/) 8. [fintechfutures.com/job-cuts-new-hires/nedbank-names-nikos-angelopoulos-as-new-group-cio](https://www.fintechfutures.com/job-cuts-new-hires/nedbank-names-nikos-angelopoulos-as-new-group-cio) ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/nedbank-limited-nedszajj#overview-sources) - **Chief executive:** ![Jason Quinn](https://elucidate.co/images/banks/60/60fc7ee0ab0b4d77.webp) Jason Quinn Chief Executive Confirmed 29 Sep 2026 · [group.nedbank.co.za ↗](https://group.nedbank.co.za/home/leadership.html) - **Chair:** ![Daniel Mminele](https://elucidate.co/images/banks/55/55fe43939eba1d3f.webp) Daniel Mminele Chairperson Confirmed 29 Sep 2026 · [group.nedbank.co.za ↗](https://group.nedbank.co.za/home/leadership.html) - **Chief financial officer:** Mike Davis Chief Financial Officer Confirmed 29 Sep 2026 · [group.nedbank.co.za ↗](https://group.nedbank.co.za/home/leadership.html) - **Executive:** ![Mfundo Nkuhlu](https://elucidate.co/images/banks/b3/b3e6193792470e9f.webp) Mfundo Nkuhlu Chief Operating Officer Confirmed 29 Sep 2026 · [group.nedbank.co.za ↗](https://group.nedbank.co.za/home/leadership.html) - **Executive:** Nikos Angelopoulos Chief Information Officer Confirmed 29 Sep 2026 · [group.nedbank.co.za ↗](https://group.nedbank.co.za/home/leadership.html) ## Supervisors & regulators Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/nedbank-limited-nedszajj#overview-sources) - **South Africa:** Prudential Authority (South African Reserve Bank) Prudential supervisor AML supervisor - **South Africa:** South African Reserve Bank Central bank Resolution Foreign exchange - **South Africa:** Financial Sector Conduct Authority Conduct - **South Africa:** National Credit Regulator Other ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/nedbank-limited-nedszajj#overview-sources) 1. Jul 2026 Leadership The bank appointed Nikos Angelopoulos, formerly of MTN Group, as Group Chief Information Officer with effect from 1 September 2026. [techcabal.com ↗](https://techcabal.com/2026/07/31/nedbank-hires-mtn-executive-as-cio/) 2. Jul 2026 Merger / acquisition Nedbank Group's offer for NCBA Group closed on 10 July 2026, accepted by holders of 79.9% of NCBA shares, pending remaining approvals. [nsx.com.na ↗](https://nsx.com.na/unaudited-interim-financial-results-for-the-6-months-ended-30-june-2026-and-cash-dividend-declaration/) 3. Jan 2026 Leadership Chief Information Officer Ray Naicker resigned with effect from 31 January 2026. [group.nedbank.co.za ↗](https://group.nedbank.co.za/content/dam/group/pdf/20_financial-results/2025/annual-results/2025-annual-results-booklet-nedbank.pdf) 4. Dec 2025 Merger / acquisition Nedbank Group completed the sale of its 21.2% stake in Ecobank Transnational Incorporated for USD 100 million on 17 December 2025. [group.nedbank.co.za ↗](https://group.nedbank.co.za/content/dam/group/pdf/20_financial-results/2025/annual-results/2025-annual-results-booklet-nedbank.pdf) 5. Dec 2025 Merger / acquisition The group completed its acquisition of 100% of the fintech company iKhokha on 1 December 2025, for ZAR 1.65 billion. [group.nedbank.co.za ↗](https://group.nedbank.co.za/content/dam/group/pdf/20_financial-results/2025/annual-results/2025-annual-results-booklet-nedbank.pdf) 6. May 2024 Leadership Jason Quinn, formerly Financial Director of Absa, was appointed Chief Executive in May 2024. [group.nedbank.co.za ↗](https://group.nedbank.co.za/home/leadership.html) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source. ## Identifiers Head-office record - **BIC:** NEDSZAJJXXX - **How the BIC breaks down:** 1. NEDS Bank 2. ZA Country · South Africa 3. JJ Location 4. XXX Branch · head office - **Branch description:** Not recorded in the directory - **LEI:** 213800ZBWY3BU3UUMA42 - **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/213800ZBWY3BU3UUMA42) - **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file. - **UK overseas entity ID:** [OE030519 ↗](https://find-and-update.company-information.service.gov.uk/company/OE030519) ## Profile - **Type:** Financial institution - **Regulation:** Not on a tracked register - **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked. - **Country · region:** South Africa · Sub-Saharan Africa - **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17 - **OFAC sanctions:** No listing cites this BIC - **EU sanctions:** No listing matched this BIC or its LEI - **Country sanctions:** No country programme Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated. ## Ownership and group GLEIF relationship records - **Direct parent:** Nedbank Group Limited · South Africa[3789009E42FA3CB31065 ↗](https://search.gleif.org/#/record/3789009E42FA3CB31065) The Nedbank Group Limited group has 4 institutions in the directory, in 2 countries: all hold a BIC. Including [Nedgroup Securities (Pty) LTD](https://elucidate.co/directory/nedgroup-securities-pty-ltd-nboezaj2), [Nedgroup Investments (UK) LTD](https://elucidate.co/directory/nedgroup-investments-uk-ltd-nedggb2l). [See the Nedbank Group Limited group →](https://elucidate.co/directory/group/3789009E42FA3CB31065) Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control. ## Registered beneficial owners Companies House · overseas entity [OE030519 ↗](https://find-and-update.company-information.service.gov.uk/company/OE030519) · as at 9 October 2026 The entity states that it has no reasonable cause to believe that anyone is a registrable beneficial owner. Overseas entities that own land in the UK must register their beneficial owners with Companies House. The entity reports them itself. Elucidate has not verified them. A registrable beneficial owner holds more than 25% of the shares or votes, can appoint or remove the board, or has significant influence or control. Dates of birth and addresses are not shown. Matched on the entity’s legal name and country of incorporation in its LEI record. [See the beneficial owners at Companies House ↗](https://find-and-update.company-information.service.gov.uk/company/OE030519/persons-with-significant-control) ## Addresses - **Registered address:** 135 RIVONIA ROAD SANDTON, GAUTENG 2196 SOUTH AFRICA - **Operational address:** 135 RIVONIA ROAD SANDTON SANDTON 2196 SOUTH AFRICA ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC. - **Identified by:** BIC, with its LEI - **Roles in CBPR+:** Any agent, including the instructing and instructed agents ### CBPR+ For cross-border payments on Swift: the BIC, with the LEI and clearing code where known ```xml NEDSZAJJXXX 213800ZBWY3BU3UUMA42 ``` ### Full record Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC ```xml NEDSZAJJXXX 213800ZBWY3BU3UUMA42 NEDBANK LIMITED SANDTON ZA 135 RIVONIA ROAD SANDTON, GAUTENG 2196 ``` The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use. ## Network ### Branches and correspondent banking All 2 branch BICs connect to the head office. No city, function or registration year splits them into groups. 5 other banks publish 5 accounts held with this bank. ### Respondent banks From the correspondent lists other banks publish 5 other banks publish 5 accounts held with this bank. | Currency | Respondent bank | Held at | Account | Purpose | Published in | | --- | --- | --- | --- | --- | --- | | ZAR | [BNP Paribas](https://elucidate.co/directory/bnp-paribas-bnpafrpp) France | NEDSZAJJ | 1986.213838 | — | [cdn.territories.bnpparibas ↗](https://cdn.territories.bnpparibas/app/uploads/sites/6/2022/02/20221230-bnppnl-standard-payment-instructions-01012023.pdf) dated 1 Jan 2023 | | ZAR | [Hang Seng Bank Limited](https://elucidate.co/directory/hang-seng-bank-limited-hasehkhh) Hong Kong SAR China | NEDSZAJJ | — | inward payments | [hangseng.com ↗](https://www.hangseng.com/content/dam/hase/en_hk/personal/banking-services/pdf/inward_remittance_useful_tips.pdf) | | ZAR | [Jyske Bank A/S](https://elucidate.co/directory/jyske-bank-a-s-jybadkkk) Denmark | NEDSZAJJ | — | FX, money market, derivatives and banknote settlement | [jyskebank.com ↗](https://jyskebank.com/financialinstitutions/foreignexchangesettlement) | | ZAR | [Kotak Mahindra Bank Limited](https://elucidate.co/directory/kotak-mahindra-bank-limited-kkbkinbb) India | NEDSZAJJXXX Listed as Ned Bank, Sandton | 1986253287 | inward remittances | [kotak.bank.in ↗](https://www.kotak.bank.in/en/personal-banking/nri/transfer-money/wire-transfer/list-of-swift-codes.html) | | ZAR | [Taipei Fubon Commercial Bank CO. LTD](https://elucidate.co/directory/taipei-fubon-commercial-bank-co-ltd-tpbktwtp) Taiwan | NEDSZAJJ | — | inward remittances | [fubon.com ↗](https://www.fubon.com/banking/document/Corporate/Cashmgmt/TW/FCY.pdf) dated May 2023 | Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them. ### Branch codes | BIC | Branch | City | Address | LEI | Updated | | --- | --- | --- | --- | --- | --- | | [NEDSZAJJCLS](https://elucidate.co/directory/nedbank-limited-nedszajj-cls) | — | Sandton | 135 RIVONIA ROAD SANDTON SANDTON 2196 SOUTH AFRICA | — | 2020-11-23 | | [NEDSZAJJTSP](https://elucidate.co/directory/nedbank-limited-nedszajj-tsp) | — | Roodepoort | LAKEVIEW FLOOR 2ND 16 CONSTANTIA BOULEVARD ROODEPOORT ROODEPOORT 2001 SOUTH AFRICA | — | 2021-02-06 | [See every BIC in South Africa →](https://elucidate.co/directory/country/za#bics) ## Related institutions ### Same legal entity - [Nedbank LTD BIC NEDSGB2L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800ZBWY3BU3UUMA42](https://elucidate.co/directory/nedbank-ltd-nedsgb2l) Other BICs mapped to the same LEI. ### Same group - [Nedgroup Securities (Pty) LTD BIC NBOEZAJ2 Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 3789003107958968FE87](https://elucidate.co/directory/nedgroup-securities-pty-ltd-nboezaj2) - [Nedgroup Investments (UK) LTD BIC NEDGGB2L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800N4ZST6W4GDRU11](https://elucidate.co/directory/nedgroup-investments-uk-ltd-nedggb2l) [All 4 institutions in the Nedbank Group Limited group →](https://elucidate.co/directory/group/3789009E42FA3CB31065) ### Same name, different BIC - [Nedbank Limited BIC BOEPZAJ1 Financial institution Not on a tracked register South Africa · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/nedbank-limited-boepzaj1) ### Largest institutions in South Africa - [Absa Bank Limited BIC ABSAZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI SLI1CVYMJ21DST0Q8K25](https://elucidate.co/directory/absa-bank-limited-absazajj) - [Trustlink (Pty) LTD BIC LINKZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/trustlink-pty-ltd-linkzajj) - [Firstrand Bank Limited BIC FIRNZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI ZAYQDKTCATIXF9OQY690](https://elucidate.co/directory/firstrand-bank-limited-firnzajj) - [Pepkor Trading (Pty) LTD BIC PEPKZAJC Non-financial corporate Not on a tracked register South Africa · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/pepkor-trading-pty-ltd-pepkzajc) - [The Standard Bank of South Africa Limited BIC SBZAZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI QFC8ZCW3Q5PRXU1XTM60](https://elucidate.co/directory/the-standard-bank-of-south-africa-limited-sbzazajj) - [Jse Limited BIC XJSEZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 213800MZ1VUQEBWRFO39](https://elucidate.co/directory/jse-limited-xjsezajj) - [Otto1890 Securities (Pty) LTD BIC SFPSZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 37890034DF8DAAC7BE70](https://elucidate.co/directory/otto1890-securities-pty-ltd-sfpszajj) - [Strate (Pty) LTD BIC STRAZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 378900F4A0A690EA6735](https://elucidate.co/directory/strate-pty-ltd-strazajj) [See every BIC in South Africa →](https://elucidate.co/directory/country/za#bics) Claim this profile ## Work at Nedbank Limited? Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page. 1. 01 **Submit** Tell us who you are, using your work email. 2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days. 3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time. Sources & method Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name. Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists. The sanctions facts on this page cover the BIC and its LEI only. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Credits for this page - **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI. - **Registered beneficial owners**—Companies House, Register of Overseas Entities · [source ↗](https://download.companieshouse.gov.uk/en_pscdata.html) as at 9 October 2026 - **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. - **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: [personal.nedbank.co.za](https://personal.nedbank.co.za/home.html) (official website) · [original](https://personal.nedbank.co.za/content/dam/nedbank/icons/resources/logo.svg); Jason Quinn: [group.nedbank.co.za](https://group.nedbank.co.za/home/leadership.html) (official website) · [original](https://group.nedbank.co.za/content/dam/group/images/investor-relations/jason-quinn.jpg); Daniel Mminele: [group.nedbank.co.za](https://group.nedbank.co.za/home/leadership.html) (official website) · [original](https://group.nedbank.co.za/content/dam/group/images/investor-relations/daniel-mminele.jpg); Mfundo Nkuhlu: [group.nedbank.co.za](https://group.nedbank.co.za/home/leadership.html) (official website) · [original](https://group.nedbank.co.za/content/dam/group/images/investor-relations/mfundu-nkuhlu.jpg). ## Assess the financial crime risk behind a BIC A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.