Cib Bank Egypt Swift Code Details and Meaning

CIB Bank Egypt's SWIFT code is a crucial piece of information for international transactions. The SWIFT code, which stands for Society for Worldwide Interbank Financial Telecommunication, is an 8-11 character code that identifies the bank and location.

The SWIFT code for CIB Bank Egypt is EGIPEGCX. This code is used to facilitate secure and efficient international transactions, including wire transfers and other financial operations.

Understanding the SWIFT code is essential for anyone dealing with international transactions, whether it's for business or personal purposes. It ensures that transactions are processed correctly and quickly.

CIB Bank Egypt S.A.E is a bank with a rich history and a strong presence in Egypt. It has a unique SWIFT code that identifies it.

The bank's SWIFT code is made up of 8-11 characters, which break down into four main parts. The bank code is a shortened version of the bank's name, in this case, CIB. The country code represents the country where the bank is located, which is Egypt.

The location code is made up of letters or numbers and indicates the bank's head office location. The branch code specifies a particular branch of the bank, with 'XXX' representing the bank's head office.

Here's a breakdown of the SWIFT code parts:

A SWIFT Code is a unique identifier that helps with international money transfers. It's a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch.

The SWIFT Code is made up of 8 or 11 characters, with all 11 digit codes referring to specific branches, and 8 digit codes (or those ending in 'XXX') referring to the head or primary office.

Here's a breakdown of what each part of the SWIFT Code represents:

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch.

These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes are formatted in a specific way to provide a unique identifier for each bank or branch. The code has 8 or 11 characters, with all 11 digit codes referring to specific branches.

Here's a breakdown of the different parts of a SWIFT code:

This format helps to identify the bank, country, location, and branch, making it easier to transfer money or exchange messages.

A SWIFT code is made up of 8-11 characters that identify a country, city, bank, and branch. These codes are crucial for international wire transfers and are used by banks to exchange messages.

The first 4 characters of a SWIFT code represent the bank code, which is usually a shortened version of the bank's name. This is a unique identifier for the bank.

The next 2 characters represent the country code, which is a 2-letter code that identifies the country where the bank is located. For example, Egypt is represented by the code 'EG'.

The 2 characters after the country code are the location code, which indicates where the bank's head office is. This can be a combination of letters and numbers.

The last 3 characters of an 11-digit code represent the branch code, which specifies a particular branch of the bank. However, if the code ends in 'XXX', it refers to the bank's head office.

Here is a breakdown of the different components of a SWIFT code:

Before initiating an international money transfer, it's essential to validate your SWIFT code to ensure a smooth transaction. Check your SWIFT code is valid before a money transfer.

You can do this by using online tools such as a SWIFT code checker or IBAN checker, which can verify the code for you. Local Sites • About Us • Contact • Disclaimer • Privacy • Cookies • Search SWIFT Codes • SWIFT Checker • IBAN Checker • Routing Checker.

To initiate an international transfer to a Commercial International Bank S.a.e. bank account, you'll need the SWIFT code along with other essential details. Traditional banks often process international transfers slowly and at a higher cost.