Arab African International Bank SWIFT/BIC code

What ARAIEGCX means for a payment to Arab African International Bank

The short code ARAIEGCX and the full code ARAIEGCXXXX refer to the same bank: Arab African International Bank in Cairo, Egypt. A BIC has a single purpose: it ensures that a cross-border transfer ends up at the right bank. It comes up mainly when dealing with transfers between countries and payments in foreign currencies.

We wrote this page to help anyone who sends money to an account at Arab African International Bank without mistakes. The BIC identifies a bank or branch, never a single account.

8 or 11 characters: ARAIEGCX versus ARAIEGCXXXX

A BIC is made up of a few fixed parts: characters one to four stand for the bank, the next two show the country and characters seven and eight mark the location. Together, these eight characters form ARAIEGCX – the version you usually see online.

Many banks and apps work with either length. If a form requires eleven characters, enter ARAIEGCXXXX, otherwise ARAIEGCX is fine.

As a rule the code is written in capitals. A single letter can send a payment to a different institution, so copy it carefully.

How long does an international transfer to Arab African International Bank take?

How fast a payment reaches Arab African International Bank depends on several factors: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Bank holidays in either country can add extra days, since banks do not process on those days. Extra checks by one of the banks may also cause a delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the tracking status and the transaction reference so they can trace it along the chain. Specialist transfer services usually provide a status in their app showing how far the money is.

A delayed transfer is investigated by the sending bank. Ask the sender for the payment receipt – it helps your own bank look for the money.

Where our SWIFT data comes from

We collect bank codes from publicly available data and check them from time to time. Still, banks merge, rename themselves or retire codes, so information can be out of date. Figures such as the number of codes are from our directory and are not confirmed by Arab African International Bank.

Treat our data as a starting point, not as the final word: the recipient’s bank details come first. We are an independent comparison site and not affiliated with Arab African International Bank. Should you notice something that is out of date, we welcome a message via the contact page.

Paying someone abroad from your Arab African International Bank account

When you send money to another country via Arab African International Bank, the fee you see is rarely all of the cost. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. An easy check: set the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a transfer service is less expensive than a bank, mainly because of the exchange rate. GoldexPay compares what recipients receive across providers, so you can pick the cheapest route. You can still keep your account at Arab African International Bank as the source of the money.

Getting paid from abroad into a Arab African International Bank account

For a transfer from abroad at Arab African International Bank, the sender has to have more than the BIC. In practice that means: your full name as registered with Arab African International Bank, your IBAN or account number, the BIC ARAIEGCXXXX (or ARAIEGCX) and usually your postal address.

You can include the bank name and Cairo too. Check the details before you send them.

Money from abroad will not always land in full. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. On invoices, you can state who bears the costs to avoid a shortfall.

Watch out for payment fraud

Be wary when someone suddenly wants you to pay into a different account or a bank in another country. A correct SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify new bank details through a separate channel. Urgency or secrecy tend to be warning signs. If money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference to another account. Do not act before the money has really arrived.

How to check ARAIEGCX before you pay

Have the recipient send you their account details directly from their banking app. Check it with ARAIEGCX on this page.

Errors in the BIC are annoying more than fatal: often the payment comes back, minus fees. A mistake in the IBAN or account number is a bigger problem, because the money may be credited to someone else.

An automatic check in your banking app only confirms that the code is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check on the recipient gives extra certainty. When you pay someone new, many people send a small test amount before sending the rest.

Arab African International Bank: head office code versus branch codes

With 25 codes, Arab African International Bank is one of the banks that register individual codes for parts of the organisation. The main code is ARAIEGCXXXX.

Usually there is no need to look up a branch: transfers addressed to ARAIEGCXXXX reach Arab African International Bank correctly. Only use a branch code when the account holder gives you that exact code.

Unsure which code applies? Check with the recipient. Codes for branches are more likely to change than the head office code when a bank merges or closes offices.