EGP – Egyptian Poundr
This currency is considered to be complex (multiple information to be provided and complex processing).
- Currency Guidelines
Besides the standard information, please note that the IBAN format is mandatory for all payments towards Egypt and consists of 29 characters (EG + 27 digits).
In addition, the full beneficiary's address is mandatory and should be instructed in the beneficiary's information.
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 hereTECHNICAL GUIDELINES
- Additional information
• Available charge options: OUR/SHA/BEN
• Central bank of Egypt: http://www.cbe.org.eg/