Industrial Development and Workers Bank of Egypt SWIFT/BIC code

DIBBEGCA – the SWIFT/BIC code of Industrial Development and Workers Bank of Egypt

The short code DIBBEGCA and the 11-character code DIBBEGCAXXX identify one and the same institution: Industrial Development and Workers Bank of Egypt, with its head office in Cairo. Banks worldwide use these codes to direct payments between countries to the right bank. It comes up mainly when dealing with payments that cross a border or a currency.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to verify a SWIFT code before you hit send. The BIC identifies an institution, never a specific account, which is why you always need the account number too.

Transfer times and tracking a payment to Industrial Development and Workers Bank of Egypt

There is no fixed answer for international payments: some arrive within a day while others need several business days. Payments made after the cut-off time or on weekends and holidays usually start the next business day. Occasionally a bank asks what the payment is for.

Many banks are connected to SWIFT gpi for faster and traceable payments. Each payment carries a unique transaction reference, the UETR. Money transfer services often show a status in their app showing how far the money has got.

If the money does not arrive after a few business days, the sender needs to start with the bank that sent it. Request from the sender a copy of the payment confirmation with the date and reference.

Getting paid from abroad into a Industrial Development and Workers Bank of Egypt account

To receive a transfer from abroad at Industrial Development and Workers Bank of Egypt, the person paying you has to have not just the SWIFT code. Give them your name as the bank knows it, your account number or IBAN, the BIC DIBBEGCAXXX and your address, which some banks require.

Their bank might also ask for the address of your bank, in which case the Cairo head office is the usual answer. A mistake in your account number is more trouble than it looks.

The amount you receive can be less than what was sent. Fees for incoming transfers vary per bank; check the price list of Industrial Development and Workers Bank of Egypt. Agree with the sender who covers the fees before the money is sent.

8 or 11 characters: DIBBEGCA versus DIBBEGCAXXX

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and two characters for the location. That gives you DIBBEGCA, the short form of the code.

XXX at the end of DIBBEGCAXXX does not stand for a placeholder or an error: it stands for the head office of Industrial Development and Workers Bank of Egypt. Some forms ask for 11 characters, in which case you can enter XXX after DIBBEGCA.

Do not add spaces, dots when you enter DIBBEGCA; the code is always written in one block. A single character can send a payment to another bank, so check it twice.

Protect yourself against fake payment requests

Stay alert when a contact unexpectedly wants you to pay into a different account abroad. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Verify changed bank details through a different channel, such as a phone number you already know, never via the email that asked for the change. Urgency and secrecy tend to be red flags. If a payment was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Scams can also work the other way: someone sends too much and asks you to return the difference via a different route. Wait until the money is actually in your account – ask Industrial Development and Workers Bank of Egypt if something looks wrong.

What a transfer from Industrial Development and Workers Bank of Egypt abroad really costs

What you pay for an international transfer is made up of several parts, and the transfer fee is only the most visible one. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, most importantly, the exchange rate markup when the money is converted.

Many banks do not show their exchange rate markup as a cost. Check their rate with the mid-market rate.

Money transfer services frequently offer rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute comparing the total cost via GoldexPay instead of going straight to your bank. You can always keep your account at Industrial Development and Workers Bank of Egypt to fund the transfer, while a cheaper service handles the conversion.

Industrial Development and Workers Bank of Egypt: head office code versus branch codes

Having 10 codes in 5 locations, Industrial Development and Workers Bank of Egypt is one of the banks that register individual codes for parts of the organisation. The main code is DIBBEGCAXXX.

For most payments to a private or business account, the head office code DIBBEGCAXXX works fine. Just use a branch code when your contact gives you that exact code.

Unsure which code applies? Ask the recipient or the bank itself. Codes can change over time, so a code from an old document is not always valid.

How up to date is this code?

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Institutions reorganise, change names and change codes – a directory can be a step behind. The number of codes on this page are based on our own data, not official figures from Industrial Development and Workers Bank of Egypt.

Treat our directory here as a handy check, and let the details from the recipient or Industrial Development and Workers Bank of Egypt have the final say. GoldexPay has no connection to Industrial Development and Workers Bank of Egypt; we are a comparison site for money transfers. Should you notice something that is out of date, we welcome a short note via the contact page.

Verifying the SWIFT code of Industrial Development and Workers Bank of Egypt

The best place to find the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. Check it with DIBBEGCA here; if they differ, ask before you pay.

A wrong SWIFT code may lead to a delay, a payment being sent back or extra fees. Remember the account number: a mistake there can be harder to undo than a wrong BIC.

Most online banking apps validate the structure of an IBAN and sometimes look up the BIC automatically. Some banks now compare the payee name against the account; take any warning seriously. A small test payment can be worth it for large sums, even if it costs an extra fee.