When sending money internationally, inaccurate banking details can cause significant delays or even failed transactions. One of the most critical steps to ensure secure and timely fund transfers is using the correct SWIFT/BIC code. For BANQUE MISR, a major financial institution in Egypt, this code plays a vital role in directing funds to the intended branch.
The SWIFT/BIC code for BANQUE MISR consists of five distinct components: the bank code BMIS , the country code EG , the location code CX , and the branch code COL . The prefix BMIS identifies the bank, while EG denotes its location in Egypt. The code CX specifies the bank's headquarters, and COL pinpoints a particular branch. A BIC code ending with "XXX" typically refers to the bank's main office.
Accuracy in international financial transactions is paramount. Whether transferring funds for business or personal purposes, verifying the correct SWIFT/BIC code minimizes errors and ensures that money reaches its destination without unnecessary delays.