When initiating an international money transfer, selecting the accurate SWIFT/BIC code is critical. For clients using BANQUE MISR for cross-border transactions, having precise banking details ensures seamless processing. BANQUE MISR's SWIFT code is BMISEGCXTFC , with its headquarters located at 22 Adly Street, Dowen Tower, Cairo, 11511, Egypt.
Understanding SWIFT Codes in Global Transactions
The SWIFT network serves as the standardized system for foreign exchange transactions and fund transfers, guaranteeing secure and accurate delivery of funds to recipient accounts. Customers transferring U.S. dollars (USD) or euros (EUR) must verify their bank’s SWIFT code as the first step to avoid processing errors.
Key Considerations for International Transfers
Clients using BANQUE MISR for international remittances should note the available options:
- Exchange rates: Compare interbank rates and third-party providers.
- Transfer methods: Options include wire transfers or digital transactions.
- Fee structures: Assess processing charges and intermediary bank costs.
To prevent delays or failed transactions, customers must double-check the bank’s SWIFT code and branch identifiers. Both individual and corporate clients face financial and operational risks if incorrect codes are used—funds may be misrouted or require costly recovery procedures.
Best Practices for Secure Transfers
Before finalizing any international payment, confirm these details with the receiving bank:
- Validate the SWIFT/BIC code against official bank records.
- Ensure recipient account numbers include proper formatting.
- Review transfer timelines and intermediary bank requirements.
A thorough understanding of BANQUE MISR’s SWIFT code and international transfer protocols enables efficient financial management. Whether for personal remittances or business payments, accurate information ensures predictable and secure cross-border transactions.