The International Bank Account Number “IBAN” is a bank account number that is recognized by banks and other financial institutions around the world. It is a standardized way of identifying a bank account, which reduces errors and delays in sending/ receiving international payments. You will need to use an “IBAN” when you make or receive local and international transfers. “IBAN” is an internationally accepted, reliable and accurate account number that facilitates fund transfer with less error.

Your new “IBAN” pertains to your account with FABMISR, and should be used for all local as well as international incoming / outgoing transfers.

Your existing account number remains valid without any change. The “IBAN” is an alternate electronic format of your account number that will be used only if you are making or receiving any local or international transfers.

No, it is simply an additional standardized international identifier for your account.

Please click here to generate your IBAN. for any assistance contact your Relationship Manager or call our 24-hour Contact Center at 16555.

“IBAN” is an internationally accepted, reliable and accurate account number that facilitates funds transfer with less cost and reduced errors.

IBANs are different in length, depending on the country of origin. This is because an “IBAN” simply adds a standard prefix to a person's domestic account number (also known as a basic bank account number BBAN). The basic bank account number varies in length depending on the country it comes from. The structure in Egypt is set to be 29 Digits.

“IBAN” is not required for credit card payments.

Yes, your “IBAN” will change accordingly. This is due to the fact that the IBAN structure has the branch code embedded in it.