Central Bank Eases International Money Transfers to Egypt

This article provides a detailed overview of the SWIFT/BIC code CBEGEGCA of the Central Bank of Egypt and its significance in ensuring the security and accuracy of international money transfers. It also analyzes the impact of the transfer amount and corresponding exchange rates on the recipient, helping readers better understand the process of cross-border transfers.
Central Bank Eases International Money Transfers to Egypt

International money transfers often involve multiple intermediary institutions, making accurate banking details essential for ensuring funds reach their destination securely and efficiently. For transfers to Egypt, the SWIFT/BIC code of the Central Bank of Egypt (CBE) CBEGEGCA —is a critical piece of information for anyone conducting financial transactions through this institution.

The Central Bank of Egypt is located at 35 El-Gomhoureya Street, El Shark District, Port Said, 42511 . Combining this address with the correct SWIFT code ensures the accuracy and security of the transfer process.

For individuals sending money from abroad—such as the United States to Egypt—understanding the target amount and exchange rate is equally important. For instance, if you transfer $10,000 , the recipient may receive approximately €8,409 , accounting for exchange rate fluctuations and bank fees.

To avoid delays or unnecessary losses, verifying the Central Bank of Egypt’s SWIFT code and address before initiating a transaction is highly recommended. Regularly confirming this information with your bank can further ensure smooth and error-free international transfers.

By staying informed and using the correct banking details, individuals and businesses can conduct cross-border financial transactions with confidence, minimizing potential complications.