IBAN for Egypt
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What is an IBAN Number in Egypt?
An IBAN (International Bank Account Number) is a standardized system used by banks worldwide to ensure the accuracy and efficiency of international money transfers. In Egypt, the IBAN number is required for cross-border transactions and serves as a unique identifier for a Slovak bank account.
The Egypt IBAN consists of 29 characters, which include both letters and numbers. It starts with the country code 'EG'
The Egypt IBAN consists of 29 characters, which include both letters and numbers. It starts with the country code 'EG'
IBAN Format
What is the IBAN code format for Egypt?
IBAN in Egypt consists of 29 characters:
- 2 letter country code
- 2 digit check number
- 4 characters for the bank code
- 4 digits for the branch code
- Remaining digits for the bank account number Example: EG38 0019 0005 0000 0000 2631 8000 2
Egypt IBAN structure
EG38 0019 0005 0000 0000 2631 8000 2
- Country Code (2 letters)
The first two characters of the IBAN represent the country where the bank account is located. For example, 'EG' for Egypt.
- Check Digits (2 numbers)
The next two digits are check numbers used for error-checking purposes. For example, '38' in the IBAN for Egypt. They help ensure the accuracy of the IBAN during the transaction process.
- Bank Code (4 digits)
In Egypt, the next 4 digits represent the specific bank code, such as '0019', uniquely identifying the financial institution.
- Branch Code (4 digits)
The next 4 digits represent the branch code within the identified bank, such as '0005'.
- Bank Account Number (16+ digits)
The remaining digits indicate the individual bank account number within the identified bank and branch, such as '00000000263180002'.
Do we need IBAN for Egypt ?
Yes, you’ll need an IBAN (International Bank Account Number) if you want to send or receive international money transfers while in Egypt. A standard bank account number alone won’t be enough for cross-border transactions. The IBAN is essentially your bank account number with additional details to ensure that international transactions are processed securely and smoothly. All banks in Egypt will automatically provide an IBAN when you open an account.
IBAN Examples by country
Country
Country name | SEPA | Length | IBAN Examples |
|---|---|---|---|
Belgium | Yes | 16 | BE68539007547034 |
Switzerland | Yes | 21 | CH9300762011623852957 |
Germany | Yes | 22 | DE89370400440532013000 |
Estonia | Yes | 20 | EE382200221020145685 |
Spain | Yes | 24 | ES9121000418450200051332 |
Finland | Yes | 18 | FI2112345600000785 |
France | Yes | 27 | FR1420041010050500013M02606 |
United Kingdom | Yes | 22 | GB29NWBK60161331926819 |
Hungary | Yes | 28 | HU42117730161111101800000000 |
Ireland | Yes | 22 | IE29AIBK93115212345678 |
Frequently asked questions
Have questions? We have answers!
- What is IBAN Number?
- How IBAN Works ?
- How do I find my IBAN number?
- How to calculate or check my IBAN code for Egypt?
