
In modern financial transactions, ensuring the security and timely arrival of funds to designated accounts is paramount. The SWIFT/BIC code system serves as a crucial tool for achieving this objective in cross-border payments.
The Importance of BANQUE DU CAIRE's SWIFT Code
BANQUE DU CAIRE, one of Egypt's leading financial institutions, operates with the SWIFT code BCAIEGCX013. This alphanumeric identifier is essential for clients conducting international wire transfers to or from the bank.
The complete SWIFT code consists of several distinct components:
- Bank code (BCAI): Identifies BANQUE DU CAIRE specifically
- Country code (EG): Denotes Egypt as the bank's location
- Location code (CX): Indicates the bank's central office
- Branch code (013): Specifies a particular branch location
Ensuring Accurate International Transfers
When initiating a transfer to BANQUE DU CAIRE, using the complete SWIFT code BCAIEGCX013 is mandatory to guarantee the funds reach the intended recipient without complications. Verification of this information before transaction submission helps prevent common transfer issues.
International payments frequently encounter processing delays and misdirected funds when incorrect SWIFT codes are used. Financial institutions periodically update these identifiers due to policy changes, operational adjustments, or branch modifications. Regular verification of current SWIFT information helps maintain transaction efficiency in this dynamic environment.
Optimizing Cross-Border Transactions
The SWIFT/BIC system plays an indispensable role in global finance, particularly for transactions spanning thousands of miles. Proper understanding and application of these codes significantly enhances payment processing while mitigating financial risks.
For individuals and businesses conducting international transfers to BANQUE DU CAIRE, meticulous attention to the SWIFT code BCAIEGCX013 and recipient account details forms the foundation of successful cross-border transactions. This diligence ensures financial operations proceed smoothly within the international banking network.