SWIFT Code MIDBEGCXALX — MISR IRAN DEVELOPMENT BANK, ALEXANDRIA

About SWIFT Code MIDBEGCXALX — MISR IRAN DEVELOPMENT BANK, ALEXANDRIA

SWIFT code MIDBEGCXALX is the official 11-character branch-specific BIC (Bank Identifier Code) for MISR IRAN DEVELOPMENT BANK in ALEXANDRIA, 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 MISR IRAN DEVELOPMENT BANK for all outward international remittances from ALEXANDRIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MIDBEGCXALX

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

When to Use SWIFT Code MIDBEGCXALX

Receiving International Wire Transfers

To receive money from abroad at your MISR IRAN DEVELOPMENT BANK account in ALEXANDRIA, share SWIFT code MIDBEGCXALX 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 MISR IRAN DEVELOPMENT BANK, ALEXANDRIA must provide SWIFT code MIDBEGCXALX. 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 MISR IRAN DEVELOPMENT BANK in ALEXANDRIA rely on SWIFT code MIDBEGCXALX 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 MISR IRAN DEVELOPMENT BANK →

For cheque clearing or NACH mandates, use the MICR code for MISR IRAN DEVELOPMENT BANK →

For TDS challan deposits, find the BSR code for MISR IRAN DEVELOPMENT BANK →

How SWIFT Code MIDBEGCXALX Routes an International Transfer

1. Initiation: The sender provides SWIFT code MIDBEGCXALX 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 MISR IRAN DEVELOPMENT BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MISR IRAN DEVELOPMENT BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MIDBEGCXALX

• Spaces or lowercase letters — Always enter MIDBEGCXALX uppercase with no spaces.
• Using the wrong city — This code is for ALEXANDRIA 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 MIDBEGCXALX directly with MISR IRAN DEVELOPMENT BANK's ALEXANDRIA branch or via the SWIFT BIC Directory.