Egypt

Account channel

Type	Description
Direct to Bank method	Direct 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 availability	Egypt nationwide
Validation / Verification	Beneficiary name shall be match with the bank register.
Amount received	Beneficiary received net amount as specified by Sender.
Transaction Limit	Maximum 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 Beneficiary	No restriction
Service Charge	· Transaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation Process	Cancellation is on best effort basis.
Remarks	· Beneficiary mobile number is required.
Do_Transfer bAccType Value	1

No	Name	Issuer Code
1	ABU DHABI ISLAMIC BANK	200001
2	AHLY UNITED BANK	200002
3	AL AHLI BANK OF KUWAIT	200003
4	AL BARAKA BANK EGYPT	200004
5	ARAB AFRICAN INTERNATIONAL BANK	200005
6	ARAB BANK	200006
7	ARAB BANKING CORPORATION	200007
8	ARAB INTERNATIONAL BANK	200008
9	ARAB INVESTMENT BANK	200009
10	ATTIJARIWAFA BANK EGYPT	200010
11	AUDI BANK	200011
12	BANK OF ALEXANDRIA	200012
13	BANQUE DU CAIRE	200013
14	BANQUE MISR	200014
15	BLOM BANK EGYPT	200015
16	CENTRAL BANK OF EGYPT	200016
17	CITIBANK	200017
18	COMMERCIAL INTERNATIONAL BANK	200018
19	CREDIT AGRICOLE EGYPT	200019
20	EGYPTIAN ARAB LAND BANK	200020
21	EGYPTIAN GULF BANK	200021
22	EMIRATES NATIONAL BANK OF DUBAI	200022
23	EXPORT DEVELOPMENT BANK OF EGYPT	200023
24	FAISAL ISLAMIC BANK OF EGYPT	200024
25	HOUSING AND DEVELOPMENT BANK	200025
26	HSBC	200026
27	INDUSTRIAL DEVELOPMENT BANK OF EGYPT	200027
28	MASHREQ BANK	200028
29	MISR IRAN DEVELOPMENT BANK	200029
30	NASSER SOCIAL BANK	200030
31	NATIONAL BANK OF ABU DHABI	200031
32	NATIONAL BANK OF EGYPT	200032
33	NATIONAL BANK OF GREECE	200033
34	NATIONAL BANK OF KUWAIT	200034
35	QATAR NATIONAL BANK ALAHLI	200035
36	SOCIETE ARABE INTERNATIONALE DE BANQUE	200036
37	SUEZ CANAL BANK	200037
38	THE PRINCIPAL BANK FOR DEVELOPMENT AND AGRI.	200038
39	THE UNITED BANK	200039
40	UNION NATIONAL BANK	200040

Type	Description
Cash-Out Method	Cash Pickup in Egyptian Pound (EGP) at any branch of United Bank - Egypt. Supported Beneficiary type – individual only. Supported Sender type - Individual only.
Transaction Turnaround Time	Within 15 minutes.
Transaction Working Hours	Operating 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 availability	Egypt nationwide
Validation / Verification	Beneficiary to provide valid photo-bearing ID (Government ID, Driving License, Passport) Name and Unique Transaction Number.
Amount received	Beneficiary received net amount as specified by Sender.
Transaction Limit	Maximum per Transaction EGP 110,000.00 Minimum per Transaction EGP 1.00
Maximum Beneficiary	No restriction
Service Charge	Transaction Fee will not be refunded upon submitted to the payout agent.
Cancellation Process	Cancellation 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.
Do_Transfer bAccType Value	5

No	Name	Website	Payout Code Sample	Issuer Code
1	United Bank of Egypt	https://www.theubeg.com/ub-services/branches	820000004401	CPUBEG