Company:123 (interbank network)

From HandWiki
Egyptian Banks Co. for Technological Advancement, SAE
123
IndustryBanking
Headquarters
Egypt
Footnotes / references
[1][2]

"123" is a shared cash network for the banking community in Egypt. It is provided by Egyptian Banks Co. for Technological Advancement (EBC).

Services

The "123" network links more than 30 Egyptian Banks supporting more than 1500 ATMs distributed all over Egypt. This network provides the banks' clients with direct access to their different accounts at any time and from anywhere through the ATMs carrying the "123" logo. This network is available 24 hours a day 7 days a week.

In addition, the "123" network is a gateway to MasterCard, Diners Club and American Express International networks. Moreover, it is linked to regional networks in the Persian Gulf states, NAPS in State of Qatar, Benefit in Kingdom of Bahrain and CSCBank SAL in Lebanon.

Benefits:

  • Convenience
  • Security
  • Helping to promote a cashless society
  • Enhanced debit and credit services
  • Source of revenue to banks

Member banks in the network

  1. Arab African International Bank
  2. Arab Banking Corporation – Egypt
  3. Bank of Alexandria
  4. Alexandria Commercial & Maritime Bank
  5. ARAB Bank
  6. Barclays – Egypt
  7. Banque du Caire
  8. Blom Bank (Misr Romanian Bank)
  9. Banque Misr
  10. BNP Paribas Le Caire
  11. Calyon Bank Egypt
  12. Cairo Far East Bank
  13. Commercial International Bank
  14. National Bank of Abu Dhabi
  15. Delta International Bank
  16. Egyptian American Bank
  17. Egyptian ARAB Land Bank
  18. Piraeus Bank (Egyptian Commercial Bank)
  19. Export Development Bank of Egypt
  20. Egyptian Gulf Bank
  21. Egyptian Saudi Finance Bank
  22. Faisal Islamic Bank of Egypt
  23. Housing & Development Bank
  24. HSBC
  25. Misr International Bank
  26. Misr Iran Development Bank
  27. National Bank for Development
  28. National Bank of Oman
  29. National Societe Generale Bank
  30. Societe Arab Internationale de Banque
  31. United Bank Of Egypt
  32. Al Watany Bank of Egypt
  33. Egypt Post
  34. National Bank of Egypt

References

  1. "Egypt's central bank to support e-payments, fintech, and more" (in en). 17 March 2020. https://thepaypers.com/payments-general/egypts-central-bank-to-support-e-payments-fintech-and-more--1241187#. 
  2. "MasterCard and EBC introduce Egypt's Mobile Payment Gateway" (Press release). Cairo, Egypt: MasterCard. 24 June 2013. Retrieved 16 September 2021.

External links