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Home » Bank of Uganda SWIFT code: UGBAUGKA explained (step-by-step)

Bank of Uganda SWIFT code: UGBAUGKA explained (step-by-step)

NyongesaSande News Desk by NyongesaSande News Desk
10 months ago
in SWIFT/BIC
Reading Time: 3 mins read
A A
List of Commercial Banks in Uganda

Bank of Uganda SWIFT code is the official international identifier for Uganda’s central bank, Bank of Uganda. The 8-character version is UGBAUGKA, while the extended 11-character format is UGBAUGKAXXX. Sometimes it appears as UGBAUGKA XXX, but the correct format is always UGBAUGKAXXX without spaces.

The registered head-office address for this SWIFT code is:
Bank of Uganda, 37/43 Kampala Road, Kampala, Uganda.

A SWIFT/BIC code is structured into four sections:

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  • UGBA → institution code (Bank of Uganda)
  • UG → country code (Uganda)
  • KA → location code (Kampala)
  • XXX → branch code (head office)

From this breakdown, UGBAUGKA identifies the central bank of Uganda, based in Kampala. Adding XXX extends it into the full 11-character head-office SWIFT code: UGBAUGKAXXX.

Quick reference (copy-ready):

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  • 8-character SWIFT/BIC: UGBAUGKA
  • 11-character SWIFT/BIC: UGBAUGKAXXX
  • Institution: Bank of Uganda
  • Address: 37/43 Kampala Road, Kampala, Uganda
  • Usage: International transfers, settlements, and central bank transactions in Uganda

When to use it
Use the Bank of Uganda SWIFT code for cross-border transactions involving Uganda’s central bank, such as settlements, interbank transfers, or official government-related international payments.

Common mistakes to avoid

  • Typing spaces in the SWIFT code (always use UGBAUGKAXXX, not “UGBAUGKA XXX”).
  • Confusing the central bank’s SWIFT code with those of commercial banks in Uganda.
  • Using the 8-character version when the 11-character format is required.

Step-by-step guide to making a transfer with Bank of Uganda SWIFT code

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  1. Confirm the purpose of your transaction (government, interbank, or central settlement).
  2. Enter the SWIFT code: UGBAUGKA (8-character) or UGBAUGKAXXX (11-character).
  3. Provide the official bank address: 37/43 Kampala Road, Kampala, Uganda.
  4. Select the settlement currency (USD, EUR, GBP, or UGX).
  5. Clarify who covers fees (sending institution, receiving institution, or shared).
  6. State the purpose of the transfer (e.g., foreign reserves, interbank settlement, government remittance).
  7. Double-check details before initiating the transaction.
  8. Retain the settlement confirmation slip or reference code.

Final checklist
✔ Correct SWIFT code entered (UGBAUGKA or UGBAUGKAXXX)
✔ Institution’s official address included
✔ Purpose of payment properly stated
✔ Settlement or transfer fees arrangement agreed

By using the Bank of Uganda SWIFT code properly, you ensure international settlements and transfers are executed securely, efficiently, and without delays.

Tags: Bank of Uganda SWIFT codebank transfersCentral Bank UgandaSWIFT code UgandaUGBAUGKA
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