Lookup for BIC Code/ SWIT Code in Egypt
Find information for BIC Code / SWIFT Code by financial institutions in Egypt
Officially name:Arab Republic of Egypt (EG)
Capital: Cairo
National currency: Egyptian pound (EGP)
Cancellation: Payment instructions are revocable by request provided the receiving bank has not already advised or credited the beneficiary.
Value Date(s): Provided the message is received not later than the cut-off time:
Bank Transfers - The amount will be credited to the beneficiary bank same value date.
Customer Transfers - The amount will be credited to the beneficiary’s account value next working day following receipt.
Common practice - in the event that a customer transfer is to be made to another bank in Egypt, it is common practice that the beneficiary will be credited value two working days following receipt. All transfers in foreign currencies are processed value two working days of each respective currency.
Bank Transfers - The amount will be credited to the beneficiary bank same value date.
Customer Transfers - The amount will be credited to the beneficiary’s account value next working day following receipt.
Common practice - in the event that a customer transfer is to be made to another bank in Egypt, it is common practice that the beneficiary will be credited value two working days following receipt. All transfers in foreign currencies are processed value two working days of each respective currency.
Note: All banks in Egypt are open from Sunday till Thursday. They are closed on Friday and Saturday. Except African Export and Import bank they closed Saturday and Sunday only. Islamic Holidays are subject to change depending on the sighting of the moon. Normal practice for working hours: from 08.00 till 15.00 local time.
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