Banks operating in Egypt adopt international ISO 20022 standard for financial transfers

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The Central Bank of Egypt (CBE) is adopting the international ISO 20022 standard for SWIFT messaging across Egyptian banks to modernize digital payments starting 21 June 2026. Governor Hassan Abdalla highlighted this as a key step towards transforming Egypt’s financial infrastructure.

In a pivotal step towards transforming Egypt’s digital payments infrastructure, the Central Bank of Egypt (CBE) announced the adoption of the international ISO 20022 standard across the Egyptian banking sector for SWIFT messaging in interbank financial transfers, effective 21 June 2026. In this regard, Hassan Abdalla, Governor of the CBE, emphasised that this initiative reflects […] The post Banks operating in Egypt adopt international ISO 20022 standard for financial transfers first appeared on Dailynewsegypt.