In line with the Central Bank of Egypt’s decisions, the International Bank Account Number (IBAN) will be applied effective June 30th, 2020. This number ensures a standardized recognition of your account by all banks worldwide for better efficiency of your transfers locally and internationally.
Starting this date June 30th, 2020, IBAN will be requested for your incoming or outgoing transfers in all banks. It should be noted that transfers with the current short bank account numbers will still be accepted until a date that will be set later by the Central Bank of Egypt. Once date is set, you will be notified.
IBAN is your regular bank account number in a developed format and with a standardized way of identifying a bank account, to be recognized by banks & other financial institutions in Egypt and around the world, which reduces errors & delays in performing international transfers.
Your existing account and identification numbers remain valid without any changes. IBAN is just a different electronic format of your account number that will be used only for transfers from & to your account, inside & outside Egypt.
IBAN numbers are different in length, depending on the country of origin. That’s because the IBAN adds a standard prefix to a person domestic account number (also known as basic bank account number BBAN).
The structure in Egypt is set to be 29 digits: two characters for country code (EG), Two characters for check digit, Four characters for the Bank Code, Four characters for the Branch Code & Seventeen characters for the currency and customer account number
In order to ensure that all your transactions are easily processed, please note that as of 30 June, 2020, to process transfers (either local or international) from and to your account, the IBAN will be required. Banks can still accept transfers with the current account numbers until a date that will be set by the Central Bank of Egypt. Once this date will be set, customers will be notified.
The IBAN number can be easily found through any of the following:
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To Generate your account IBAN, enter your CAE account number in 14 digits format |
Important Notice:
The IBAN calculator is a tool availed by the bank to facilitate to our customers getting their IBAN in Credit Agricole Egypt by entering your account number in the IBAN calculator. The produced IBAN number indicates and match the number entered in the account number field. Please make sure to enter the account number correctly.
Please note that the validity of the account number is your responsibility, the bank will not be held liable for any dispute or errors arising out from writing wrong account number and accordingly the IBAN number produced from the IBAN calculator.
