How to live like 4 of your favourite festive film characters
The festive season is upon us, and it’s pretty much the same deal every year: Shop for gifts last minute Eat like a Sumo wrestler in training Travel to see...
Egypt adopts IBAN
An important change is coming to Egypt! From 3 December 2020, we’ll be requiring all transfers to EGP to be sent to an account identified by an International Bank Account Number (IBAN), rather than a bank code & account number.
This is in line with a decision by the Central Bank of Egypt made earlier this year to move all Egyptian accounts to the IBAN standard. Every bank account in Egypt will now have its own IBAN. Egyptian IBANs are 29 characters long, and start with ‘EG’.
Accordingly, the details of all current EGP recipients with no IBAN will be invalid from that date, and when you next send to Egypt, you’ll need to know the IBAN of your recipient and create it again. Aside from this, nothing else will change.
Thanks,
The Wise team
This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.
Money for here, there and everywhere
Find out more
Why you need to sleep, and your money needs to work
We've teamed up with personal finance expert, Kia Commodore to help give your money a kick up the backside so you can go ahead and sleep. “Lazy Money” is what...
How the chillest animals around use Wise
We've teamed up with personal finance expert, Kia Commodore to help give your money a kick up the backside so you can go ahead and sleep. “Lazy Money”...
The purchasing power of women
Regardless of gender or identification, how we spend is constantly changing. We’ve seen a noticeable shift in the online world following the pandemic; we’re...
Germany Price Comparison Research 2023
An independent research team compared Wise to three German bank accounts as well as PayPal, Revolut, Western Union and Xoom by PayPal. They found that we’re...
France Price Comparison Research 2023
An independent research team compared Wise to three French bank accounts as well as PayPal, Revolut, Western Union and Xoom by PayPal. They found that we’re...
