2026 Q2 Mission Update: Price
We reduced our fees saving our customers ~£23m per year* We are building the best way to move and manage the world’s money. As part of this we are always on...
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
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
Money without borders
Find out more
Q2 2026 Mission Update: Speed
More of your money is moving instantly When you send money, you want it to arrive. No detours, no delays — just there. So this quarter, we worked across the...
UK Hidden Fees and FX Transparency Research May 2026
For anyone who has sent money abroad, you've likely encountered your provider assuring you the transfer will be free. But many providers use their own...
Wise does not sell or support gift cards
Wise does not offer or support gift cards. Learn why third party vouchers violate our terms and how to safely add money to your account.
How to order the Wise Visa FIFA World Cup 2026™ card, thanks to Visa
Follow the step-by-step instructions to order your Wise Visa FIFA World Cup 2026™ digital card, thanks to Visa.
Wise’s response to recent press articles
Combating financial crime is an industry-wide challenge that Wise takes extremely seriously as a financial institution with over 80 regulatory licences...
