SWIFT/BIC code MIDBEGCXDAM
MIDBEGCXDAM belongs to Misr Iran Development Bank in Damieta, Egypt.
Code details
| SWIFT/BIC code | MIDBEGCXDAM |
|---|---|
| 8-character code | MIDBEGCX |
| Branch code | DAM |
| Bank | Misr Iran Development Bank |
| Branch | — |
| City | Damieta |
| Country | Egypt |
How the Misr Iran Development Bank SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MIDB Bank code
- 4 letters that identify the bank.
- EG Country code
- 2 letters for the country (ISO 3166).
- CX Location code
- 2 characters for the city or region of the head office.
- DAM Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank is behind SWIFT code MIDBEGCXDAM?
The code MIDBEGCXDAM belongs to Misr Iran Development Bank, a unit of Misr Iran Development Bank in Damieta, Egypt. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Misr Iran Development Bank?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Egypt with specialist providers before you send.
Which details do I need for a transfer to an account at Misr Iran Development Bank?
You need the SWIFT/BIC code MIDBEGCXDAM, the IBAN or local account number of the recipientand the name of the account holder. Egypt is not part of SEPA, so always include the BIC.
How long does a transfer to Misr Iran Development Bank take?
An international SWIFT transfer usually takes 1–5 business days, depending on correspondent banks and time zones. Money transfer services are often quicker than a bank.
What do the letters in MIDBEGCXDAM mean?
MIDB is the institution code of Misr Iran Development Bank, EG stands for Egypt, CX is the code for the city or region and DAM is the code of the branch Misr Iran Development Bank.
What happens if I use MIDBEGCXDAM with a typo?
Your transfer can bounce, get stuck or cost extra. Always check MIDBEGCXDAM with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.