In international money transfers, ensuring funds reach the intended bank safely and accurately is crucial. The SWIFT/BIC code plays a vital role in this process. For those sending money to BANQUE MISR (Egypt’s prominent bank), understanding its SWIFT/BIC code— BMISEGCXREC —helps avoid delays or errors.
The SWIFT/BIC code consists of 8 to 11 alphanumeric characters, each segment carrying specific information:
Bank Code (BMIS): The first four letters identify BANQUE MISR, confirming the recipient bank.
Country Code (EG): The two-letter code denotes Egypt, clarifying the destination country.
Location Code (CX): These two characters specify the bank’s headquarters, refining the transfer destination.
Branch Code (REC): The final three digits indicate a specific branch. If the code ends with "XXX," it refers to the bank’s head office.
For BANQUE MISR, the full SWIFT/BIC code is BMISEGCXREC , while the 8-character version is BMISEGCX . The bank’s head office is located at 105 MOUSTAFA KAMEL STREET, CAIRO .
Accuracy in entering the SWIFT code is essential to prevent delays or misdirected funds. Before initiating a transfer, double-check the bank name, branch details, and country to ensure a smooth transaction. Proper verification safeguards international financial operations.