In the realm of international wire transfers, selecting the correct SWIFT/BIC code is critical. For transactions involving Egypt’s Banque Misr , understanding the bank’s SWIFT code— BMISEGCXTBO —can significantly enhance efficiency and minimize potential delays. This code is mandatory for all cross-border transfers to the institution.
Headquartered in Cairo at Banque Misr Tower, 153 Mohamed Farid Street, Cairo, 11511 , Banque Misr is a cornerstone of Egypt’s financial sector, offering a comprehensive suite of services for individuals and businesses alike. When initiating an international transfer, verifying the accuracy of the SWIFT/BIC code ensures funds reach their destination securely and without unnecessary holdups.
A recent case involved a client transferring $10,000 to France using Banque Misr’s SWIFT code BMISEGCXTBO . The transaction underscored the importance of double-checking the code before submission. An incorrect SWIFT/BIC code may result in processing delays, additional fees, or even the loss of funds—consequences no sender can afford in time-sensitive financial operations.
Beyond the SWIFT code, attention to ancillary details is equally vital. The beneficiary’s full name, account number, and bank address must be meticulously verified. Precise information safeguards the transfer process, streamlining what might otherwise become a cumbersome endeavor.
In summary, diligence is paramount in international remittances. By confirming the SWIFT/BIC code BMISEGCXTBO and accompanying details, senders can facilitate seamless cross-border transactions. Individuals are advised to consult their banking representatives prior to initiating transfers to preempt errors and mitigate risks.