When processing international wire transfers, selecting the correct bank branch and SWIFT code is critical. In an increasingly interconnected global economy, cross-border transactions have become more frequent, with financial flows constantly evolving. Understanding and verifying banking details ensures secure and efficient fund transfers, minimizing delays or errors. This article provides key information on the SWIFT codes and addresses of the Central Bank of Egypt’s Cairo branches to assist in making informed decisions for international transactions.
The Significance of SWIFT Codes
A SWIFT code, officially known as the Society for Worldwide Interbank Financial Telecommunication code, is a unique identifier used in international wire transfers and financial transactions. Each bank in the SWIFT network is assigned a distinct code consisting of 8 to 11 characters. This code not only identifies the bank but also specifies its branch. Accurate input of the SWIFT code is essential for ensuring seamless and precise international transfers.
SWIFT Codes for the Central Bank of Egypt
The table below lists the SWIFT codes and addresses for the Central Bank of Egypt and its key branches in Cairo, serving as a reference for international transactions:
| SWIFT Code | Address | City | Postal Code |
|---|---|---|---|
| CBEGEGCAALX | 3 MAHMOUD AZMY STREET, EL ATTARIN, ALEXANDRIA | ALEXANDRIA | 11511 |
| CBEGEGCAASA | 54 EL-GOMHOREYA STREET, CAIRO | CAIRO | 11511 |
| CBEGEGCABES | 54 EL-GOMHOREYA STREET, CAIRO | CAIRO | 11511 |
| CBEGEGCACCP | 54 EL-GOMHOREYA STREET, CAIRO | CAIRO | 11511 |
| CBEGEGCAPRT | 35 EL-GOMHOREYA STREET, EL SHARK DISTRICT, PORT SAID | PORT SAID | 42511 |
| CBEGEGCAXXX | EL GOMHOURIA ST, DOWN TOWN, CAIRO | CAIRO | |
| CBEGEGCBXXX | EL GOMHOURIA ST, DOWN TOWN, CAIRO | CAIRO | |
| CBEGEGCX001 | 54 EL-GOMHOREYA STREET, CAIRO | CAIRO | 11511 |
When initiating an international transfer, ensure the sender has the correct SWIFT code and branch address to facilitate prompt and accurate processing. If a specific branch’s SWIFT code is unavailable, using the central bank’s primary SWIFT code will route the funds through its central processing system before reaching the intended account.
Receiving International Transfers
To receive funds from abroad, provide the sender with essential details, including your bank’s name, the relevant SWIFT code, your account number, and your full name. Some institutions may require an International Bank Account Number (IBAN), depending on the originating country’s regulations.
Attention to detail is paramount in cross-border transactions. Verify all information for accuracy, including spelling, to prevent processing delays. Additionally, clarify any fees associated with the transfer, both domestically and internationally, as these may affect the final amount received.
Ensuring Transfer Security
Security is a top priority in international banking. Conduct transactions only through trusted platforms and reputable financial institutions. Safeguard personal and banking information to prevent unauthorized access.
Modern banking systems incorporate advanced security measures, such as two-factor authentication and encryption, to protect accounts. Regularly monitor account activity and report any discrepancies to your bank immediately.
Conclusion
This guide provides a comprehensive overview of the Central Bank of Egypt’s SWIFT codes, equipping users with the knowledge needed for secure and efficient international transactions. As financial systems evolve, staying informed about banking updates ensures accurate and up-to-date information for seamless fund transfers.