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EGP – Egyptian Poundr

Overview

This currency is considered to be complex (multiple information to be provided and complex processing).

Currency Guidelines

Besides the standard information, the full beneficiary's address is mandatory and should be instructed in the beneficiary's information. Please note that the IBAN format has been introduced in Egypt but is not mandatory. Both local and IBAN formats can be used.

A clear reason / purpose of payment is mandatory as well and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES
Additional information

• Available charge options: OUR/SHA/BEN
• Central bank of Egypt: http://www.cbe.org.eg/