Talking about OPAY's sort code in Nigeria; just like the way people are looking for its Swift code, they are not available. Normally, a sort code is used primarily in the United Kingdom (UK) and Republic of Ireland.
Traditionally, sort code is used to identify bank branch where your account was opened. The first two digits typically indicate the bank, and the last four digits specify the branch. Sort code is essential for routing money transfers between accounts. It ensures the funds reach the designated bank and branch.
However, OPay doesn't possess a sort code. The fintech is licenced by CBN as a mobile money operator in Nigeria. OPay is not currently operating in the UK and Ireland, so it does not offer a sort code. The fintech primarily uses Nigeria banking system to offer banking services to its customers.
OPay is not an International Money Transfer (IMT) agency, so it's impossible for the app to provide sort code or anything Swift Code. Neither of the two codes are used by fintechs in Nigeria because they're not licenced to do so unless they're carrying out international money transfer like Flutterwave and Paystack.
Does OPay have a Sort Code
No, OPay doesn't possess a sort code. OPay functions as a digital payment wallet in Nigeria, not a traditional bank.
Sort codes are typically associated with bank accounts held at physical branches in the UK and Ireland. However, Nigerian banks uses Swift Code instead of sort code.
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