Understanding National Bank of Egypt Swift Code

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Close view of the United States National Bank building with classic columns and architecture.
Credit: pexels.com, Close view of the United States National Bank building with classic columns and architecture.

The National Bank of Egypt's Swift code is a vital piece of information for international transactions. It's a unique identifier assigned to the bank, allowing for secure and efficient cross-border payments.

The Swift code is a combination of letters and numbers, typically 8-11 characters long. This code is used to identify the bank, its branch, and the country where the account is held.

Understanding the National Bank of Egypt's Swift code is essential for individuals and businesses looking to conduct international transactions with the bank. It ensures that funds are transferred correctly and securely.

The Swift code is used in conjunction with other information, such as the account number and the recipient's name, to facilitate international payments.

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What is Swift Code?

A SWIFT code is a unique identifier for a bank or financial institution. It's also known as a BIC code, which stands for Business Identifier Code.

SWIFT codes are used to move money around the world via international bank transfers. This is especially useful when sending money to countries with different banking systems.

To send money internationally, you'll need the SWIFT code of the recipient's bank, along with their IBAN number. For example, if you're sending money to the NATIONAL BANK OF EGYPT, you would need the SWIFT code NBEGEGCX390.

National Bank of Egypt Swift Code

Credit: youtube.com, How To Find Swift Code Of National Bank Of Egypt (NBE)

A SWIFT code is a unique identifier for a bank or financial institution. It's like a special address that helps move money around the world.

The National Bank of Egypt SWIFT code is NBEGEGCX390. This code is used to identify the bank and facilitate international bank transfers.

A SWIFT code is made up of 8-11 characters, which include a bank code, country code, location code, and branch code. Let's break it down:

The bank code for the National Bank of Egypt is NBEG. This is a shortened version of the bank's name.

Example: Breakdown

The SWIFT/BIC code is a unique identifier used by banks to facilitate international transactions. It's made up of 8 or 11 characters.

The breakdown of a SWIFT/BIC code is as follows: A-B-C-D-1-2-3-4-5-6-7. Each section has a specific meaning, such as the Bank Code, Country ISO Code, and Location Code.

Here's a table showing the breakdown of a SWIFT/BIC code:

Frequently Asked Questions

Is the SWIFT code same for all branches?

A bank's SWIFT code may be the same for all branches or unique to each branch, depending on the bank's policies. Use the bank's head office SWIFT code as a safe default if you're unsure.

Wallace Brekke

Junior Assigning Editor

Wallace Brekke is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a keen interest in finance and economics, Brekke has honed their skills in assigning and editing articles on a range of topics, including market trends and commodity prices. Brekke's expertise spans a variety of categories, including gold prices and historical commodity prices.

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