Albaraka Bank Egypt SWIFT/BIC code

Albaraka Bank Egypt SWIFT code: ABRKEGCA

Whether you are given ABRKEGCA or ABRKEGCAXXX, you are looking at the identical identifier for Albaraka Bank Egypt in Egypt. A SWIFT code tells every bank in the chain which institution is meant to get the money, a bit like a postal address for banks. It comes up mainly when dealing with transfers between countries and payments in foreign currencies.

We wrote this page to help people who sends money to an account at Albaraka Bank Egypt. Keep in mind that the BIC only identifies the bank, not the person: the account number or IBAN takes care of that.

Head office or branch code at Albaraka Bank Egypt?

With 39 codes in 8 cities, Albaraka Bank Egypt belongs to the banks that register separate codes for parts of the organisation. The main code remains ABRKEGCAXXX.

If nobody asks you for a branch code, go with ABRKEGCAXXX. Just use a branch code when the account holder gives you that exact code.

When in doubt, ask the person you are paying which code their bank gave them. Codes for branches are more likely to change than ABRKEGCAXXX when a bank merges or closes offices.

Verifying the SWIFT code of Albaraka Bank Egypt

The most reliable place for the right code is paperwork issued by the bank. Compare it with ABRKEGCA here; if they differ, ask before you pay.

If the code is wrong, the payment may get stuck, bounce back or end up costing more – sometimes after weeks of searching. A mistake in the IBAN or account number is more serious because it can reach the wrong person; check it just as carefully.

A format check in your banking app only confirms that the IBAN is valid, not that it is the right account. Where available, a payee name check on the recipient gives an extra layer of safety. A small test payment is worth it for large sums despite the extra fee.

How long does an international transfer to Albaraka Bank Egypt take?

How fast a payment arrives at Albaraka Bank Egypt depends on several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made after the cut-off time or just before a weekend or public holiday usually start the next business day. Compliance checks by one of the banks can also cause a delay, even when all details are correct.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services often provide a status in their app so you can see where the payment has got.

The bank that sent the money can request a trace or a recall. Ask the sender for the payment receipt including the reference – it helps your own bank look for the money.

Where our SWIFT data comes from

The codes on this page come from publicly available data. Institutions merge, change names and retire codes – a directory can be a step behind. Figures such as the number of codes are from our directory and may differ from what Albaraka Bank Egypt publishes.

Treat the information on this page as a handy check, and let the details from the recipient or Albaraka Bank Egypt have the final say. GoldexPay is not affiliated with Albaraka Bank Egypt; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a short note via the contact page.

Getting paid from abroad into a Albaraka Bank Egypt account

Someone abroad who wants to pay you will ask for a few details from you – incomplete details often cause delays. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code ABRKEGCAXXX (or ABRKEGCA) and, often, your address.

Certain banks also ask for the address of Albaraka Bank Egypt in Giza, so keep it at hand. A mistake in the IBAN is harder to fix than you might think; copy them from your banking app rather than typing.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin applies. Agree with the sender who covers the fees before the money is sent.

Changed bank details? Be careful

Scammers often send payment requests containing changed bank details, sometimes in an email that looks completely genuine. The fact that ABRKEGCA exists does not mean that the account is genuine.

Always confirm changed bank details by phone, using a number you already had. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. If a payment has already gone to a fraudster, contact your bank immediately.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. Wait until the money has really arrived.

What the XXX in ABRKEGCAXXX means

The structure of a BIC is always the same: four characters for the institution, two for the country and two for the location, plus an optional branch code. That gives you ABRKEGCA, the short form of the code.

XXX at the end of ABRKEGCAXXX is not a missing value or a mistake: it indicates the head office of Albaraka Bank Egypt. Certain payment forms insist on 11 characters, in which case you can add XXX behind ABRKEGCA.

As a rule the code is typed in capitals, without spaces or dashes. A wrong character can send the money to a different institution, so check it twice.

Sending money abroad from Albaraka Bank Egypt

The price of a payment abroad has more than one component, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

The real cost is often in the rate: many banks convert at a rate that includes a margin. An easy check: put the bank’s rate against the mid-market rate for the same moment and look at the difference.

Specialist money transfer services frequently use a rate near the mid-market rate with clearer fees. GoldexPay lists these services next to each other, showing what actually arrives for the same amount sent. You can still use your account at Albaraka Bank Egypt as the source of the money, while a cheaper service handles the conversion.