Commercial International Bank (Egypt) S.a.e. SWIFT/BIC code

What CIBEEGCX means for a payment to Commercial International Bank (Egypt) S.a.e.

The 8-character code CIBEEGCX and the full code CIBEEGCXXXX identify the same bank: Commercial International Bank (Egypt) S.a.e.. A BIC does one job: it ensures that a cross-border transfer ends up at the right bank. In practice you usually come across it on international invoices, in your banking app and in the bank details of Commercial International Bank (Egypt) S.a.e. customers.

On this page you can read how the code is put together, when it matters and which other details you need for a transfer to or from Commercial International Bank (Egypt) S.a.e.. Keep in mind that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

What the XXX in CIBEEGCXXXX means

A BIC is built from a few fixed parts: the first four letters stand for the bank, characters five and six give the country and the two after that indicate the location. Together, these eight characters form CIBEEGCX – the version you usually see online.

Most payment forms accept both lengths. If a form requires eleven characters, enter CIBEEGCXXXX.

Type the code as one block, in upper case and without spaces. A wrong letter can send a payment to a different institution, so check it twice.

Paying someone abroad from your Commercial International Bank (Egypt) S.a.e. account

The price of an international transfer is made up of more than one component – not just the fee on your screen. Besides a fixed fee, banks in between may take a cut, and when currencies are converted the bank often uses a rate below the actual market rate.

Banks rarely list the margin on the rate separately – you only notice it if you compare. A simple test: put the rate you get against the mid-market rate and look at the difference.

For many routes, a specialist provider turns out to be less expensive than a traditional bank transfer. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets before you commit. Using a transfer service does not mean leaving Commercial International Bank (Egypt) S.a.e.: you simply pay the service from your account.

Verifying the SWIFT code of Commercial International Bank (Egypt) S.a.e.

The most reliable place for the right code remains paperwork issued by the bank, such as a statement or the account details in online banking. Check that code against CIBEEGCX here.

If the code is wrong, the payment may be delayed, be returned or cost extra, and tracing it can take weeks. A mistake in the account number is a bigger problem, so check that just as carefully.

A validity check in your banking app merely tells you that the code is valid, not that it is the right account. More and more banks compare the name with the account – do not ignore a mismatch warning. For a first payment, many people send a small test amount and wait for confirmation.

Getting paid from abroad into a Commercial International Bank (Egypt) S.a.e. account

To receive a transfer from abroad at Commercial International Bank (Egypt) S.a.e., the sender has to have more than the SWIFT code. The basics are: the account holder’s name, IBAN or account number, CIBEEGCXXXX or CIBEEGCX and often your home address.

Their bank may also ask for the address of your bank. A typo in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

Expect that 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 if the currency changes, an exchange rate margin applies. Make clear with the sender who covers the fees, especially for larger amounts.

Head office or branch code at Commercial International Bank (Egypt) S.a.e.?

We have 190 SWIFT/BIC codes for Commercial International Bank (Egypt) S.a.e. in 38 places. Next to the head office code CIBEEGCXXXX, there are codes for branches, departments or specific services.

Usually there is no need to pick a branch: payments sent to CIBEEGCXXXX are routed within Commercial International Bank (Egypt) S.a.e. without problems. A branch code only makes sense if the recipient’s bank explicitly mentions it, which is more common for corporate accounts and specialised services.

Unsure which code to use? Ask the recipient or the bank itself. Branch codes are more likely to change than the head office code.

Tracking a transfer to or from Commercial International Bank (Egypt) S.a.e.

There is no fixed delivery time: many land within a day while others need several business days. Transfers sent after the cut-off time or just before a weekend or public holiday often go out the next business day. Compliance checks on larger or unusual payments can also add a delay, regardless of the details.

If a transfer is late, contact the sending bank about the status. Keep the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

A missing payment is investigated by the sending bank on the basis of the transfer details. As a recipient, it helps to check your statements for a slightly lower amount because fees can reduce the amount.

Changed bank details? Be careful

Scammers regularly use payment requests with changed bank details, sometimes in an email that looks completely genuine. The fact that CIBEEGCX exists is no guarantee that a request mentioning it is legitimate.

Check changed payment details via a different channel. Pressure and secrecy tend to be red flags. Acted too fast? Call the bank you paid from without delay and have them start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to send back the difference abroad. A payment confirmation from the sender proves nothing.

About this information

We gather bank codes from publicly available data and check our list from time to time. It is possible that information here is no longer current, for example after a merger. Figures such as the number of codes come from our directory.

See the information here as a helpful check and rely on the recipient or Commercial International Bank (Egypt) S.a.e. for the final confirmation. GoldexPay is independent of Commercial International Bank (Egypt) S.a.e.; we are a comparison site for money transfers. Found an error? Tell us via our contact form.