When conducting international wire transfers, using the correct bank identification code is crucial. The Central Bank of Egypt, as the nation's primary financial institution, maintains a specific SWIFT code—CBEGEGCAXXX. This universal banking identifier ensures smooth processing of your cross-border money transfers.
Understanding the Central Bank of Egypt's SWIFT Code
The CBEGEGCAXXX code breaks down into these components:
- CBE : Bank code representing Central Bank of Egypt
- GE : Country code for Egypt
- GCA : Location code indicating Cairo
- XXX : Optional branch code (denotes the bank's headquarters)
Key Information for International Transfers
To avoid processing delays or failed transactions, always provide the complete SWIFT code when initiating international transfers through your bank. The Central Bank of Egypt is headquartered at EL GOMHOURIA ST, DOWN TOWN, CAIRO.
Beyond the SWIFT/BIC code, successful international transfers require precise account details including:
- Exact recipient account number
- Full legal name of the beneficiary
- Correct financial institution information
Minor discrepancies in any of these details may result in delayed funds or transaction failures. Financial institutions recommend verifying all transfer information with your bank before submission.
Global Financial Transactions
In today's interconnected financial landscape, understanding critical banking identifiers like the Central Bank of Egypt's SWIFT code facilitates efficient international transactions. Accurate code usage ensures funds move seamlessly across borders, supporting both business operations and personal financial management.