Egyptian Gulf Bank SWIFT/BIC code

SWIFT/BIC code of Egyptian Gulf Bank

The short code EGGBEGCA and the full code EGGBEGCAXXX identify the same bank: Egyptian Gulf Bank, with its head office in Cairo. A SWIFT code tells the sending bank exactly which bank is meant to get the money, a bit like a postal address for banks. You will need it mostly for transfers between countries.

On this page you will find how the code is put together, when you need it and which other details a transfer to or from Egyptian Gulf Bank requires. Remember that the SWIFT code just identifies the bank, not the account: the account number or IBAN takes care of that.

Head office or branch code at Egyptian Gulf Bank?

Our directory lists 15 SWIFT/BIC codes for Egyptian Gulf Bank in 6 places. Next to the head office code EGGBEGCAXXX, there are codes for branches, departments or specific services.

For the vast majority of incoming transfers, the head office code EGGBEGCAXXX is the right choice. When you receive a specific code, stick to it rather than replacing it with the head office code.

The safest route is to take the code straight from the account holder’s statement. Branch codes are more likely to change than EGGBEGCAXXX.

How to check EGGBEGCA before you pay

The best place to find the correct BIC is paperwork issued by the bank, such as a statement or the account details in online banking. When the code you were given differs from EGGBEGCA or EGGBEGCAXXX, stop and ask: check with the recipient or with Egyptian Gulf Bank directly.

A wrong SWIFT code may lead to a delay, a returned payment or additional charges for investigation. Do not forget the IBAN: a mistake there is harder to correct than a wrong code.

A validity check in your banking app only confirms that the code is valid, not that it is the right account. Where available, a name check before sending adds an extra layer of safety. A small test payment can be worth it for a large first payment, even if it costs an extra fee.

International transfers from Egyptian Gulf Bank: the real cost

A bank transfer abroad costs more than the listed fee. On top of a fixed fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank often uses a rate that is less favourable than the real market rate.

Many banks do not list the margin on the rate as a cost – you only notice it if you compare. A simple test: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a specialist provider turns out to be cheaper than a traditional bank transfer. GoldexPay compares the amount that arrives with different providers. Choosing a specialist does not require leaving Egyptian Gulf Bank: you simply pay the service from your account.

How long does an international transfer to Egyptian Gulf Bank take?

A SWIFT payment usually needs anywhere from one to several business days. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Compliance checks on larger or unusual payments can also add some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Each gpi transfer gets a unique reference, the UETR. Save your transfer receipt; it contains the details a bank needs to start a trace.

A missing payment has to be traced from the sending side. Request from the sender a copy of the payment confirmation including the reference; that often settles the question quickly.

What the XXX in EGGBEGCAXXX means

A BIC is made up of a few fixed parts: characters one to four identify the bank, characters five and six give the country and the two after that indicate the location. In this case, that core is EGGBEGCA.

XXX at the end of EGGBEGCAXXX does not stand for a missing value or an error: it indicates the head office of Egyptian Gulf Bank. Certain payment forms ask for 11 characters, and then you can add XXX after EGGBEGCA.

In practice the code is typed in capitals. Watch for the letter O and the digit 0 or I versus 1, a common source of typos.

What to give a sender who pays you at Egyptian Gulf Bank

If you are waiting for money from abroad, send the payer everything they need in one go. The basics are: your name, account number or IBAN, EGGBEGCAXXX or EGGBEGCA and often your home address.

Some sending banks also ask for the bank’s address. A typo in your account number can be harder to fix than it looks; copy them from your banking app rather than typing.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments vary per bank – the price list of Egyptian Gulf Bank tells you what applies. Make clear with the sender who pays which costs before the money is sent.

Changed bank details? Be careful

Fraudsters often send fake invoices with new bank details, sometimes in an email that looks completely genuine. That EGGBEGCA is a real code does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Check new payment details via a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Urgency or secrecy tend to be red flags. When a payment was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud can also work the other way. Someone claims to have sent more than agreed and wants you to return the extra. Wait until the money has really arrived and check with Egyptian Gulf Bank if anything seems off.

How up to date is this code?

We gather bank codes using public sources and update our list from time to time. It is possible that a code here is no longer current. Figures such as the number of codes are from our own dataset.

Use our data as a reference, rather than as the final word. We are a comparison site for money transfers and not affiliated with Egyptian Gulf Bank. Should you notice something that is out of date, we welcome a short note via the contact page.