Housing and Development Bank SWIFT/BIC code

What HDBKEGCA means for a payment to Housing and Development Bank

Whether a recipient gives you HDBKEGCA or HDBKEGCAXXX, it is the identical identifier for Housing and Development Bank in Egypt. A SWIFT code tells the sending bank which institution should receive the money, a bit like a postal address for banks. In daily life you usually see it on invoices from abroad, in payment forms and in the bank details that Housing and Development Bank provides.

We wrote this page to help people who sends money to an account at Housing and Development Bank. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number is for.

Which of the 2 codes of Housing and Development Bank do you need?

Our directory lists 2 SWIFT/BIC codes for Housing and Development Bank, spread over 2 locations. Next to the head office code HDBKEGCAXXX, you will find codes for branches, departments or specific services.

For the vast majority of payments to a private or business account, the head office code HDBKEGCAXXX works fine. If you have been given a branch code, stick to it instead of replacing it for the head office code.

Not sure which code applies? Ask the recipient or the bank itself. Codes can change over time.

What to give a sender who pays you at Housing and Development Bank

A sender in another country will ask for a few details from you – incomplete details often cause delays. The basics are: the account holder’s name, account number or IBAN, HDBKEGCAXXX and often your home address.

It helps to include the bank name and Giza too. A mistake in the IBAN can be harder to fix than you might think, so copy the details from your online banking.

What lands in your account is often lower than what was sent. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin applies. On invoices, you can agree how the fees are split.

Why Housing and Development Bank has an 8- and an 11-character code

A BIC is made up of a few fixed parts: characters one to four identify the bank, the next two give the country and the two after that mark the location. The result is HDBKEGCA for Housing and Development Bank.

XXX at the end of HDBKEGCAXXX is not a placeholder or an error: it stands for the main office of Housing and Development Bank. Some forms insist on 11 characters, in which case you can add XXX behind HDBKEGCA.

Enter the code in one piece, in capitals and without spaces. Watch for O versus 0 and the letter I and the digit 1; they are easy to mix up.

Sending money abroad from Housing and Development Bank

The price of an international transfer is made up of more than one component, and the transfer fee is only the most visible one. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and when the money changes currency, the bank usually applies a rate that is less favourable than the real market rate.

Banks rarely show the margin on the rate as a cost. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

For many routes, a transfer service is cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares transfer providers side by side, showing the amount the recipient gets for the same amount sent. Choosing a specialist does not require closing your account at Housing and Development Bank.

When will the money arrive at Housing and Development Bank?

A SWIFT payment typically needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Payments made late in the day or on weekends and holidays often start the next business day. Occasionally a bank wants to know what the payment is for, which can hold things up.

If a transfer seems late, contact the sending bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Keep your transfer receipt until the money has arrived.

The bank that sent the money can start an official trace. On the receiving end, it helps to look at your statements for a partial amount, since fees may have been deducted.

Is HDBKEGCA still correct? How to check

Ask the recipient to copy their account details directly from a recent statement. Compare it with HDBKEGCA on this page; if they differ, ask before you pay.

Errors in the SWIFT code tend to be costly more than fatal – usually the money comes back, minus fees and time lost. An error in the account number is a bigger problem, because the money may be credited to someone else; check it just as carefully.

Many banking apps validate the format of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Some banks now compare the name with the account; take any warning seriously. For a first payment, many people start with a small amount first before sending the rest.

Scams that use SWIFT codes

Fraudsters regularly use fake invoices with new bank details, sometimes in an email that looks completely genuine. A valid SWIFT code tells you nothing about whether the request is genuine.

Check changed payment details through a separate channel, such as a phone number you already know. Watch out for time pressure, unusual wording or a sender address that is slightly off. If a payment has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud also work the other way. Someone sends too much and wants you to return the difference to a new account. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

About this information

We gather SWIFT/BIC codes using publicly available data and check them regularly. It can happen that a code on this page is out of date, for example after a merger. Counts and locations are from our directory.

Treat our data as a starting point, not as the final word – the bank details from the recipient are leading. GoldexPay has no connection to Housing and Development Bank; we are a comparison site for money transfers. Spotted an error? Let us know through the contact page and we will look into it.