SWIFT Code CIBEEGCX057 — COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E., DAMANHOUR

About SWIFT Code CIBEEGCX057 — COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E., DAMANHOUR

SWIFT code CIBEEGCX057 is the official 11-character branch-specific BIC (Bank Identifier Code) for COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. in DAMANHOUR, Egypt. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. for all outward international remittances from DAMANHOUR. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CIBEEGCX057

The code CIBEEGCX057 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CIBEEGCX057

Receiving International Wire Transfers

To receive money from abroad at your COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. account in DAMANHOUR, share SWIFT code CIBEEGCX057 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E., DAMANHOUR must provide SWIFT code CIBEEGCX057. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. in DAMANHOUR rely on SWIFT code CIBEEGCX057 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. →

For cheque clearing or NACH mandates, use the MICR code for COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. →

For TDS challan deposits, find the BSR code for COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. →

How SWIFT Code CIBEEGCX057 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CIBEEGCX057 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CIBEEGCX057

• Spaces or lowercase letters — Always enter CIBEEGCX057 uppercase with no spaces.
• Using the wrong city — This code is for DAMANHOUR only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Egypt.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CIBEEGCX057 directly with COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E.'s DAMANHOUR branch or via the SWIFT BIC Directory.