In today's globalized financial landscape, accurately identifying and transferring funds to international banks is essential for seamless cross-border transactions. One critical component in this process is the SWIFT/BIC code, a unique identifier that ensures funds reach the correct destination. For instance, the SWIFT code for BANQUE DU CAIRE in Cairo, Egypt, is BCAIEGCX 011 .
Key Details About BANQUE DU CAIRE
- Bank Name: BANQUE DU CAIRE
- City: Cairo (CAIRO)
- Address: CAIRO, CAIRO
- Country: Egypt (EGYPT)
SWIFT/BIC codes typically consist of 8 to 11 alphanumeric characters, uniquely identifying a specific bank and its branch worldwide. These codes play a pivotal role in international banking communications, facilitating secure and efficient cross-border payments. Whether for settling invoices, conducting business transactions, or making overseas investments, using the correct SWIFT code ensures timely and secure fund transfers.
It is important to note that financial institutions regularly review and update their SWIFT codes to maintain accuracy. Verifying the correct code before initiating a transaction can prevent delays and enhance security. For example, using BANQUE DU CAIRE's SWIFT code BCAIEGCX 011 ensures that funds are routed correctly, minimizing the risk of errors.
Understanding these banking details is particularly valuable in fast-paced commercial environments, where inaccuracies or delays can lead to significant financial repercussions. By mastering these fundamentals, individuals and businesses can establish a solid foundation for international financial transactions.