Suez Canal Bank SWIFT/BIC code

What SUCAEGCX means for a payment to Suez Canal Bank

The short code SUCAEGCX and the full code SUCAEGCXXXX refer to the same bank: Suez Canal Bank, with its head office in Cairo. Banks worldwide use these codes to route international transfers to the right bank. In practice you usually come across it on international invoices, in your banking app and on the account details of Suez Canal Bank customers.

On this page you will find how the code is put together, when you need it and what else you need for a transfer to or from Suez Canal Bank. Keep in mind that the SWIFT code only identifies the bank, not the account: the IBAN or account number takes care of that.

What a transfer from Suez Canal Bank abroad really costs

If you transfer money to another country through Suez Canal Bank, the fee you see is rarely all of what you pay. You pay the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the margin on the exchange rate when the money is converted.

The markup on the rate is often the largest item, and it is easy to miss. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Specialist money transfer services often offer a rate near the mid-market rate. Before your next transfer, it is worth comparing what arrives on GoldexPay. You can still use your account at Suez Canal Bank, while a cheaper service handles the conversion.

Choosing between the 36 SWIFT codes of Suez Canal Bank

With 36 codes in 18 locations, Suez Canal Bank belongs to the banks that use individual codes for parts of the organisation. The head office code is SUCAEGCXXXX.

For the vast majority of payments to a private or business account, the head office code SUCAEGCXXXX is the right choice. When you receive a specific code, use it as it is instead of replacing it for the head office code.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes are more likely to change than SUCAEGCXXXX.

Changed bank details? Be careful

Be wary if someone suddenly wants you to pay into another account or a bank in another country. A real SWIFT code tells you nothing about whether the request is genuine.

Verify changed bank details through a separate channel, such as a phone number you already know, not by replying to the message. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. Already paid? Contact your bank straight away and ask them to try to recall the payment; also report it to the police.

Fraud also target the receiver. Someone claims to have sent more than agreed and wants you to refund the extra. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Transfer times and tracking a payment to Suez Canal Bank

An international transfer usually takes anywhere from one to several business days. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Sometimes a bank asks what the payment is for.

If a transfer is late, ask the sending bank about the tracking status; with that reference banks can see where the payment is. Keep your transfer receipt – you will need it for any trace request.

The bank that sent the money is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to check your statements to see a slightly lower amount.

How up to date is this code?

We collect SWIFT/BIC codes from publicly available data and update them from time to time. It is possible that information here is no longer current, for example after a merger. The figures we show are based on our own data and not on information from Suez Canal Bank itself.

Treat this page as a reference, rather than as the last word. GoldexPay is not affiliated with Suez Canal Bank; we are a comparison site for money transfers. Found outdated information? Tell us via our contact form.

Before you send: check the Suez Canal Bank code

Have the recipient send you the account details straight from their online banking. If the code you have does not match SUCAEGCX or SUCAEGCXXXX, do not guess – contact the recipient or Suez Canal Bank.

With a wrong code, the payment might be delayed, bounce back or end up costing more, and tracing it can take weeks. Remember the account number: a mistake there is more difficult to correct than a wrong BIC.

A format check by your bank only tells you that the code is valid – not that it belongs to the person you mean to pay. Some banks now check the name with the account before you confirm; take any warning seriously. When you pay someone new, many people start with a small amount first and wait for confirmation.

What the XXX in SUCAEGCXXXX means

A BIC is built from a few fixed parts: the first four letters identify the bank, characters five and six give the country and characters seven and eight indicate the location. For Suez Canal Bank, the 8-character core is SUCAEGCX.

The long version adds a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, which is why SUCAEGCXXXX and SUCAEGCX lead to the same place.

Type the code in one piece, in upper case and without separators. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.

What to give a sender who pays you at Suez Canal Bank

For a transfer from abroad at Suez Canal Bank, the person paying you needs more than the SWIFT code. The basics are: your name, IBAN or account number, SUCAEGCXXXX and often your home address.

Certain sending banks want the address of Suez Canal Bank in Cairo, so keep it at hand. Check every detail before you send them.

An incoming payment does not always land in full. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. For business payments, it is common to agree who bears the costs.