Banque Misr SWIFT/BIC code

Banque Misr SWIFT code: BCAIAEAA

If an invoice shows BCAIAEAA or BCAIAEAAXXX, it is the identical address for Banque Misr in United Arab Emirates. A SWIFT code tells the banks handling a payment exactly which bank should receive the money, much like a postcode for banks. In practice you mostly see it on international invoices, in payment forms and on the account details that Banque Misr provides.

On this page you will find what the code is put together, when it matters and what else a transfer to or from Banque Misr requires. Remember that the SWIFT code just identifies the bank, not the person: the account number or IBAN takes care of that.

Tracking a transfer to or from Banque Misr

There is no single delivery time for international payments: some land the same day or the next while others need several business days. Weekends and public holidays in the sending or receiving country can add a day or more to the journey. Compliance checks by one of the banks may also add some delay.

If a transfer seems delayed, contact the sending bank about the tracking status; with that reference banks can see where the payment is. Keep your transfer receipt until the money has arrived – you will need it for any trace request.

A missing payment has to be traced by the sending bank. As a recipient, you can check your account to see a partial amount.

Which of the 6 codes of Banque Misr do you need?

Banque Misr uses 6 different SWIFT/BIC codes. Only one is the head office code, BCAIAEAAXXX; the others identify branches or departments, and sometimes internal departments.

If nobody asks you for a branch code, use BCAIAEAAXXX or its short form BCAIAEAA. If you have been given a specific code, use it as it is instead of replacing it with the head office code.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes are more likely to be retired than BCAIAEAAXXX.

BCAIAEAA or BCAIAEAAXXX – which one to use?

The layout of a BIC never changes: four characters for the institution, a two-letter country code and two for the location, plus an optional branch code. In this case, that core is BCAIAEAA.

Most banks and apps work with both lengths. If yours asks for eleven characters, use BCAIAEAAXXX, otherwise BCAIAEAA is fine.

Leave out spaces when you type BCAIAEAA. Pasting the code beats retyping it.

Changed bank details? Be careful

Scammers often send payment requests with changed bank details, sometimes in an email that looks completely genuine. The fact that BCAIAEAA exists is no guarantee that a request mentioning it is legitimate.

Check new bank details via a different channel like a call to a number from an earlier contract, not by replying to the message. Urgency or secrecy tend to be red flags; a genuine business can wait for you to check. If money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much followed by a request to refund the difference. A screenshot of a transfer is no proof – check your own account.

The United Arab Emirates Dirham and what conversion costs you

United Arab Emirates pays in the United Arab Emirates Dirham, with the currency code AED. When you pay another currency it gets converted somewhere along the way – by your bank, by Banque Misr or by a bank in between. You rarely see a separate charge for the conversion; it is built into the rate.

Who converts the money makes a difference. Check how much AED the recipient gets with several providers; the difference between options can be larger than you expect.

The AED rate changes throughout the day and quotes are often valid only for a short time. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

What to give a sender who pays you at Banque Misr

Someone abroad who wants to pay you needs a few details about your account, and missing ones are a common cause of delays. Share the account holder’s name, your account number or IBAN, the BIC BCAIAEAAXXX and your address, which some banks require.

Some banks also ask for the name and address of Banque Misr in Abu Dhabi, so keep it at hand. A mistake in your account number is harder to fix than it looks; copy them from your banking app rather than typing.

Money from abroad does not always land for the full amount. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin applies. Agree with the sender who pays which costs, especially for larger amounts.

Paying someone abroad from your Banque Misr account

When you transfer money abroad through Banque Misr, the fee you see is only part of the cost. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup if the currency changes.

Banks do not show their exchange rate markup separately. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For a lot of routes, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. Next time you send money, take a minute to compare the total cost on GoldexPay. You can always use your account at Banque Misr as the source of the money, while a cheaper service handles the conversion.

How up to date is this code?

The codes on this page are taken from publicly available data that we update regularly. Institutions merge, change names and change codes – a directory can be a step behind. The figures we show reflect our own data.

See our directory on this page as a handy check, and let the details from the recipient or Banque Misr have the final say. GoldexPay is not affiliated with Banque Misr; we are a comparison site for money transfers. If you notice a mistake, we welcome a message via the contact page.

Before you send: check the Banque Misr code

Ask the recipient to send you their account details straight from their online banking. Check it against BCAIAEAA here; if they differ, ask before you pay.

Mistakes in the BIC are annoying more than disastrous: often the payment comes back, minus fees. An error in the IBAN or account number is more serious because it can reach the wrong person; check it just as carefully.

Most online banking apps validate the format of IBANs, but that does not prove the account belongs to the right person. Where available, a name check before sending adds an extra layer of safety. Sending a small amount first is worth it for large sums, even if it costs an extra fee.