Union National Bank-Egypt S.a.e. SWIFT/BIC code

SWIFT/BIC code of Union National Bank-Egypt S.a.e.

The short code UNBEEGCX and the 11-character code UNBEEGCXXXX refer to one and the same institution: Union National Bank-Egypt S.a.e.. A SWIFT code shows every bank in the chain exactly which bank should receive the money. It comes up mainly for payments that cross a border or a currency.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to check the code before you hit send. A SWIFT code identifies a bank or branch, never a single account.

Receiving money from abroad at Union National Bank-Egypt S.a.e.

A sender in another country will ask for a few details from you. Share the account holder’s name, the IBAN or account number, SWIFT code UNBEEGCXXXX and your address.

Certain banks want the address of Union National Bank-Egypt S.a.e.; it does no harm to include it. A mistake in your account number can be more trouble than it looks.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Charges on incoming payments differ per bank; check the price list of Union National Bank-Egypt S.a.e.. Agree with the sender who pays which costs.

Choosing between the 8 SWIFT codes of Union National Bank-Egypt S.a.e.

Union National Bank-Egypt S.a.e. has 8 different SWIFT/BIC codes across 5 cities. Only one is the head office code, UNBEEGCXXXX; the rest identify branches or departments.

For the vast majority of payments to a private or business account, the head office code UNBEEGCXXXX is the right choice. Only use a branch code when the recipient gives you that exact code.

The best way is to copy the code directly from the recipient’s statement. Codes can change over time.

UNBEEGCX or UNBEEGCXXXX – which one to use?

The layout of a BIC never changes: four characters for the institution, a two-letter country code and a two-character location code. Combined, these eight characters form UNBEEGCX.

The full version has three more characters for a branch or department. If the last three are XXX, the code points to the head office, which is why UNBEEGCXXXX and UNBEEGCX lead to the same place.

Leave out spaces when you enter UNBEEGCX. Pasting the code beats retyping it: a typo can point to another bank.

Sending money abroad from Union National Bank-Egypt S.a.e.

The price of a payment abroad has more than one component. Besides a fixed fee, correspondent or intermediary banks may take a cut, and when the money changes currency the bank usually uses a rate below the real market rate.

That exchange rate margin tends to be the largest item. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialist money transfer services often use a rate near the mid-market rate. GoldexPay compares transfer providers next to each other so you can see what actually arrives. You can always use your account at Union National Bank-Egypt S.a.e. as the source of the money.

Before you send: check the Union National Bank-Egypt S.a.e. code

Ask the recipient to copy the account details straight from their online banking. If the code you have differs from UNBEEGCX or UNBEEGCXXXX, do not guess: check with the recipient or with Union National Bank-Egypt S.a.e. directly.

An incorrect BIC can cause delays, a payment being sent back or additional charges. An error in the account number is a bigger problem, because the money may be credited to someone else; check it just as carefully.

A validity check by your bank only confirms that the IBAN is valid – not that it belongs to the person you mean to pay. More and more banks check the payee name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, many people start with a small amount first before sending the rest.

About this information

The codes here are taken from public sources. Still, banks merge or retire codes. The number of codes we show are based on our own data and not on information from Union National Bank-Egypt S.a.e. itself.

Before any payment of any size, check the code with Union National Bank-Egypt S.a.e. or with the recipient. We are a comparison service and not affiliated with Union National Bank-Egypt S.a.e.. Spotted an error? Tell us through the contact page so we can correct it.

How long does an international transfer to Union National Bank-Egypt S.a.e. take?

An international transfer usually needs one to a few business days – it depends on currency, route and the banks in between. Transfers sent after the cut-off time or on a weekend or public holiday often go out a business day later. Occasionally a bank asks what the payment is for.

When a payment takes longer than expected, ask your bank about the tracking status so they can trace it along the chain. Keep the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

The bank that sent the money can start an official trace or a recall. As a recipient, it helps to check your account to see a partial amount.

Watch out for payment fraud

Criminals often use fake invoices with new bank details, sometimes in an email that looks completely genuine. A real SWIFT code tells you nothing about who owns the account.

Before paying, verify a change of bank details by phone. Pressure and requests to keep it quiet are red flags; a genuine business can wait for you to check. Already paid? Contact your bank straight away and ask them to try to recall the payment.

Recipients are targeted too: a classic trick is an overpayment and then sends a request to send back the difference abroad. A screenshot of a transfer is no proof.