Thanks to our extensive network of correspondent banks not only in Egypt but also in the whole Arab world, our payments department can execute customer payment orders using the most up-to-date computerised systems.
The payment orders generally executed by SWIFT mean the shortest transaction times and considerable cost efficiency for our clients.
We have numerous connections that are supported by SWIFT’s RMA (Relationship Management Application). In their functionality, RMAs have replaced the previously used and well-known BKEs.
Depending on the desired range of services, we naturally handle the necessary reports/returns required by the German Foreign Trade and Payments Regulations (AWV) for outgoing payments.