Docs

Egypt

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in Egyptian Pound (EGP)
Supported beneficiary type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time· Same day transaction processed and credited before 1.00pm (Sunday - Thursday) GMT +2 
· T+1 Egypt Banking day for transaction submitted after 1.00pm (Sunday - Thursday) GMT +2 
· Transaction will process and final status received T+2 Egypt Banking day.
For e.g. A transaction is submitted at 1.00pm GMT +2 on Day 1, and transactions will process and final status will update on next Egypt Banking day (Day 2).
Area availabilityEgypt nationwide
Validation / VerificationBeneficiary name shall be match with the bank register.
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EGP 110,000.00
Minimum per Transaction  EGP 1.00
Compliance accumulated limit  EGP 400,000.00 per day per Beneficiary
 
Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary mobile number is required.
· For every transaction, there needs to be at least 3 sender and beneficiary names for smooth processing and payout
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1ABU DHABI ISLAMIC BANK200001
2AHLY UNITED BANK200002
3AL AHLI BANK OF KUWAIT200003
4AL BARAKA BANK EGYPT200004
5ARAB AFRICAN INTERNATIONAL BANK200005
6ARAB BANK200006
7ARAB BANKING CORPORATION200007
8ARAB INTERNATIONAL BANK200008
9ARAB INVESTMENT BANK200009
10ATTIJARIWAFA BANK EGYPT200010
11AUDI BANK200011
12BANK OF ALEXANDRIA200012
13BANQUE DU CAIRE200013
14BANQUE MISR200014
15BLOM BANK EGYPT200015
16CENTRAL BANK OF EGYPT200016
17CITIBANK200017
18COMMERCIAL INTERNATIONAL BANK200018
19CREDIT AGRICOLE EGYPT200019
20EGYPTIAN ARAB LAND BANK200020
21EGYPTIAN GULF BANK200021
22EMIRATES NATIONAL BANK OF DUBAI200022
23EXPORT DEVELOPMENT BANK OF EGYPT200023
24FAISAL ISLAMIC BANK OF EGYPT200024
25HOUSING AND DEVELOPMENT BANK200025
26HSBC200026
27INDUSTRIAL DEVELOPMENT BANK OF EGYPT200027
28MASHREQ BANK200028
29MISR IRAN DEVELOPMENT BANK200029
30NASSER SOCIAL BANK200030
31NATIONAL BANK OF ABU DHABI200031
32NATIONAL BANK OF EGYPT200032
33NATIONAL BANK OF GREECE200033
34NATIONAL BANK OF KUWAIT200034
35QATAR NATIONAL BANK ALAHLI200035
36SOCIETE ARABE INTERNATIONALE DE BANQUE200036
37SUEZ CANAL BANK200037
38THE PRINCIPAL BANK FOR DEVELOPMENT AND AGRI.200038
39THE UNITED BANK200039
40UNION NATIONAL BANK200040

Cash pick-up channel

Service specification

TypeDescription
Cash-Out MethodCash Pickup in Egyptian Pound (EGP) at any branch of United Bank - Egypt.
Supported Beneficiary type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround TimeWithin 15 minutes.
Transaction Working HoursOperating hours for all available cash-pickup locations differ, however normal business hours Sunday - Thursday, 9am to 2pm (Egypt timezone, GMT +2)  is generally available.
Area availabilityEgypt nationwide
Validation / VerificationBeneficiary to provide valid photo-bearing ID (Government ID, Driving License, Passport) Name and Unique Transaction Number.
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EGP 110,000.00
Minimum per Transaction  EGP 1.00
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will not be refunded upon submitted to the payout agent.
Cancellation ProcessCancellation is allowed if the payout is not claim.
Remarks· Receiver name should be as per Egyptian NATIONAL ID CARD.
· Receiver Mobile Number Nationality should be Egyptian.
· For every transaction, there needs to be at least 3 sender and beneficiary names for smooth processing and payout
· Sender age must be age 18 and above
Do_Transfer bAccType Value5

List of cash pickup outlet

NoNameWebsitePayout Code SampleIssuer Code
1United Bank of Egypthttps://www.theubeg.com/ub-services/branchesMGP820000004401CPUBEG