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123 (interbank network)
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| 123 | |
| Industry | Banking |
| Headquarters | Egypt |
| Footnotes [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
- Arab African Internatıonal Bank
- Alexbank
- Alexandria Commercial & Maritime Bank
- Arab Bank Egypt
- Bank ABC
- Banque du Caire
- Banque Misr
- Cairo Far East Bank
- Commercial International Bank
- Crédit Agricole Egypt
- National Bank of Abu Dhabi
- Delta International Bank
- Egyptian ARAB Land Bank
- Export Development Bank
- Egyptian Gulf Bank
- Egyptian Saudi Finance Bank
- Faisal Islamic Bank of Egypt
- Housing & Development Bank
- HSBC Bank Egypt
- Misr Iran Development Bank
- National Bank for Development
- Saib Bank
- United Bank Of Egypt
- Al Watany Bank of Egypt
- Egypt Post
- National Bank of Egypt
References
- ↑ "Egypt's central bank to support e-payments, fintech, and more". thepaypers.com. 17 March 2020. Retrieved 16 September 2021.
- ↑ "MasterCard and EBC introduce Egypt's Mobile Payment Gateway" (Press release). Cairo, Egypt: MasterCard. 24 June 2013. Archived from the original on 29 January 2023. Retrieved 16 September 2021.
