In international money transfers, selecting the appropriate SWIFT/BIC code is crucial. Many senders may not realize that using incorrect banking codes can lead to significant delays or even lost funds. This article provides essential information about BANQUE MISR's SWIFT/BIC code to help ensure successful cross-border transactions.
BANQUE MISR Banking Details
BANQUE MISR, one of Egypt's leading financial institutions, operates with the SWIFT code BMISEGCX REC . Those planning to send money through this bank must use this exact identifier for successful transactions. The bank's headquarters are located at 105 Mostafa Kamel Street, Cairo, with postal code 11511, Egypt.
Why SWIFT/BIC Codes Matter
These standardized banking codes serve as global identifiers that ensure funds reach their intended destination securely and efficiently. Providing incorrect SWIFT information may result in processing delays or, in rare cases, make transactions impossible to trace. The accuracy of these details forms the foundation of successful international money transfers.
SWIFT/BIC codes typically consist of 8-11 characters with specific meanings:
- First 4 characters: Bank code
- Next 2 characters: Country code
- Remaining characters: Branch identifier (optional)
Steps for Successful Money Transfers
To facilitate smooth international transactions, follow these essential steps:
- Verify all recipient banking details, including the precise SWIFT/BIC code and account number
- Utilize reputable online payment platforms or bank transfer services for security
- Confirm receipt with the beneficiary after completing the transfer
In today's rapidly evolving financial landscape, understanding proper transfer protocols and banking information has become increasingly important. Both individual senders and corporate entities should prioritize the correct use of SWIFT/BIC codes to enhance transaction efficiency and security.
When sending funds through BANQUE MISR, using the designated SWIFT code BMISEGCX REC helps guarantee that money reaches its destination promptly and securely. With accurate banking information, senders worldwide can achieve seamless international money transfers.