When making international wire transfers, selecting the right bank and its corresponding SWIFT/BIC code is critical. For financial transactions involving the Middle East, BANQUE MISR is a prominent option. Whether sending money to family or conducting business, understanding how to use the bank’s SWIFT/BIC code ensures efficient and accurate fund transfers.
Recommended SWIFT Code for BANQUE MISR
The SWIFT code BMISEGCXFCC is specifically designated for BANQUE MISR, guaranteeing that your transfer reaches its destination swiftly and securely. The bank is headquartered in Cairo, Egypt, at the following address: BANQUE MISR TOWER, 153 MOHAMED FARID STREET, CAIRO, CAIRO, 11511, Egypt .
In international transactions, the SWIFT code plays a vital role by identifying the recipient’s bank and ensuring funds are routed correctly. Errors in entering this code can lead to delays or failed transfers, making accuracy essential.
Understanding the SWIFT/BIC Code Structure
SWIFT/BIC codes typically consist of 8 to 11 alphanumeric characters, each segment serving a distinct purpose. For BANQUE MISR, the code BMISEGCXFCC breaks down as follows:
- Bank Code (BMIS): Identifies BANQUE MISR.
- Country Code (EG): Denotes Egypt.
- Location Code (CX): Specifies the bank’s primary office.
- Branch Code (FCC): Indicates a specific branch (if applicable).
Ensuring a Smooth Transfer Process
To avoid complications, always verify the recipient’s banking details, including the SWIFT code and account information, before initiating a transfer. Confirming these details with the recipient or their bank minimizes the risk of errors.
As international transactions become increasingly common, the speed and security of fund transfers remain top priorities for senders. BANQUE MISR offers reliable services for both personal and corporate clients, facilitating seamless cross-border transactions.
By using the correct SWIFT code BMISEGCXFCC and double-checking all recipient details, you can ensure your transfer is processed without delays or complications.