MISR IRAN DEVELOPMENT BANK, MAADI BRANCH 355 STREET 11 - MAADI, CAIRO, Egypt
| BIC Name / Bank name / Institution Name | MISR IRAN DEVELOPMENT BANK |
| Bank Code / Institution Code | MIDB |
| Country | EGYPT |
| Country Code (ISO 3166) | EG |
| City | CAIRO |
| City Code | CX The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | MAADI BRANCH |
| Branch Code | MAD |
| Swift Code / BIC Code |
MIDBEGCXMAD
|
| Address | 355 STREET 11 - MAADI |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
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| Whether Bank IBAN Compliant | Yes, MISR IRAN DEVELOPMENT BANK, is IBAN Compliant. |
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What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of MISR IRAN DEVELOPMENT BANK the first four characters from left MIDB indicates that it is MISR IRAN DEVELOPMENT BANK.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of MISR IRAN DEVELOPMENT BANK characters 5 and 6 from left EG indicates that bank is in EGYPT. It means that all the banks located in EGYPT will have EG at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of MISR IRAN DEVELOPMENT BANK characters 7 and 8 from left CX indicates that bank is in CAIRO. It means that all the branches of MISR IRAN DEVELOPMENT BANK located in CAIRO will have CX at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of MISR IRAN DEVELOPMENT BANK characters 9 - 11 from left MAD indicates branch code. It means that MISR IRAN DEVELOPMENT BANK Branch code: MAD is used for branches located at :355 STREET 11 - MAADI. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.