When conducting international bank transfers, the correct use of SWIFT/BIC codes is paramount. For individuals and businesses needing to transfer funds to Egypt's BANQUE MISR, understanding the bank's unique identifier is crucial. BANQUE MISR's SWIFT/BIC code is BMISEGCXCOL , which must be accurately provided when initiating international transactions.
Headquartered in Cairo at the BANQUE MISR TOWER, 153 Mohamed Farid Street, Cairo, 11511, Egypt, BANQUE MISR is a prominent financial institution offering comprehensive services ranging from savings accounts to loans and remittance solutions for both personal and commercial clients.
SWIFT codes serve a dual purpose in cross-border transactions: they not only expedite fund routing to the correct destination but also significantly reduce the risk of misdirected payments due to coding errors. Financial experts strongly recommend verifying the BMISEGCXCOL code before submitting any transfer requests to ensure seamless processing.
Each financial institution maintains its own unique SWIFT identifier, assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which precisely identifies both the bank and its location. Meticulous attention to detail when completing international wire forms facilitates efficient interbank communication and transaction processing.
Banking professionals advise consulting with financial representatives before initiating international transfers to confirm current procedures and requirements. Customers should also remain aware of potential transfer fees and processing timelines, which vary depending on multiple factors including currency exchange and intermediary banks.
By properly utilizing BANQUE MISR's designated SWIFT/BIC code BMISEGCXCOL , clients can optimize both the efficiency and security of their international financial transactions. This underscores the importance of precision in all aspects of international banking operations.