In today's globalized financial landscape, the precise routing of international funds has become paramount. Financial institutions worldwide rely on standardized identification systems to facilitate cross-border transactions efficiently and securely.
Among Egypt's prominent banking institutions, Banque Misr maintains its headquarters at Banque Misr Tower, 153 Mohamed Farid Street, Cairo, Egypt (postal code 11511). The bank's SWIFT code, BMISEGCXXXX , serves as a critical identifier for international wire transfers directed to this financial institution.
The SWIFT network (Society for Worldwide Interbank Financial Telecommunication) operates as the backbone of international financial messaging, enabling banks to exchange transaction information securely. These standardized codes eliminate ambiguity in global money transfers, ensuring funds reach their intended destinations without unnecessary delays or additional charges.
Financial experts emphasize that even minor errors in SWIFT code entry can result in transaction failures, processing delays, or misdirected funds. Verifying the most current banking details with both the sending and receiving institutions remains an essential step in international money transfers.
Complete transaction documentation typically requires multiple data points beyond the SWIFT code, including the beneficiary's full legal name, precise account number, and any institution-specific requirements. This comprehensive approach to information gathering forms the foundation for successful international fund transfers.
As cross-border financial activity continues to grow, understanding these fundamental banking protocols becomes increasingly valuable for both individual and corporate clients navigating international finance.