In today's globalized financial markets, cross-border remittances have become an essential need for both individuals and businesses. Whether for international education or global trade, accurately completing bank transfer information is crucial for every client.
For those planning to conduct international transfers through BANQUE MISR, understanding its SWIFT/BIC code is particularly important.
Key Information:
BANQUE MISR's SWIFT/BIC code is
BMISEGCXXXX
.
The bank's headquarters is located at the BANQUE MISR Tower in Cairo, Egypt, with the address: 153 Mohamed Farid Street, Cairo, Cairo, 11511, Egypt.
The Importance of SWIFT/BIC Codes
This unique identifier plays a critical role in international money transfers by precisely identifying the specific financial institution involved. Proper use of the SWIFT/BIC code ensures funds are transferred securely and reach their destination promptly.
When transferring funds to Egypt from abroad (such as from the United States), it's important to note that currency conversion from US Dollars (USD) to Euros (EUR) may be required. This process is typically facilitated through banking services.
Ensuring Successful Transfers
To minimize potential errors and enhance transfer efficiency, consider these essential points:
- Always double-check the recipient's bank details before initiating any transfer
- Confirm the exact SWIFT/BIC code with the receiving party
- Be aware of any currency conversion requirements
- Understand that processing times may vary depending on the countries involved
The correct use of BANQUE MISR's SWIFT/BIC code serves as a vital component in international payment processes, helping to ensure smooth transactions. Whether handling personal remittances or corporate accounts, familiarity with the proper SWIFT code represents a fundamental step toward successful international banking operations.