Outward & Inward
AIB applies the transfer service, which is an advanced, immediate, accurate and confidential system that provides you to transfer money for personal needs, children’s education or for investment or saving purposes in a secure protected way to make a payment in all currencies.
Outward transfer
For transferring funds abroad in the safest and most efficient way, by choosing our outward transfer service that provides you with the most quick and efficient procedure using secure Swift Technology System . Your funds will be transferred directly to the recipient’s bank account quickly and securely.
Swift Code: ARIBEGCX
AIB transfers in a convenient way to make a payment to International and local banks for its customers in all currencies, whether it’s Foreign &/or Egyptian Pounds.
AIB facilitates the execution of all outward remittances and their fast receipt by their respective beneficiaries.
Remittances are issued through the Bank's correspondents that have a worldwide coverage.
Outward remittances are issued as per an application submitted by the person requesting the transfer issuance. The application specifies the requested amount, the beneficiary's name and address or bank account number, and the name of bank and branch, in addition to, the purpose of the transfer.
The Bank allows for executing periodic outward remittances in specified amounts and dates upon fixed instructions from its customers.
Commission and charges are levied by the Bank for its outward transfers, in accordance with the applicable laws and regulations applied.
Inward transfer
AIB Bank offers a quick transfer of money from local and international banks for its customers via Inward Bank remittances through our network of correspondent banks in all currencies, whether it’s Foreign &/or Egyptian Pounds.
AIB receive inward remittances and payment orders from branches and other banks for payment to their respective beneficiaries by crediting their accounts in local banks through our correspondents.
AIB applies the inward transfers from account to another for its customers in all branches. Commission and charges are levied by the Bank for its inward transfers, in accordance with the applicable laws and regulations applied.
To review fees and charges Click here