 | This article includes a list of general references, but it lacks sufficient corresponding inline citations .(January 2013) |
| 123 | |
| Industry | Banking1²3 |
| 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).
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:
The Banque Belge pour l'Étranger was a Belgian bank that channeled many international banking operations of its controlling shareholder the Société Générale de Belgique (SGB) in the first half of the 20th century. It was originally established by the SGB in 1902 in Brussels as the Banque Sino-Belge, at the request of King Leopold II of Belgium.
BancNet is a Philippine-based interbank network connecting the ATM networks of local and offshore banks, and the country's single interbank network in the Philippines in terms of the number of member banks and annual transactions. Due to its status as the country's single ATM switch operator, it is designated by the Bangko Sentral ng Pilipinas (BSP) as the country's national ATM network.
The Saudi Payments Network or mada is the only and major payment system in the kingdom of Saudi Arabia established by Saudi Central Bank (SAMA). It connects all ATM and Point of Sale (PoS) terminals throughout the country to a central payment switch which in turn re-routes the financial transactions to the card issuer. All banks in Saudi Arabia are required by the Saudi Central Bank (SAMA) to issue ATM cards fully compatible with the network. All services are provided to the customer free of charge, regardless of the ATM used, its operator, or the customer's card issuer.
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.
Banque Misr is an Egyptian bank co-founded by industrialist Joseph Aslan Cattaui Pasha and economist Talaat Harb Pasha in 1920. The government of the United Arab Republic nationalized the bank in 1960. The bank has branch offices in all of Egypt's governorates, and currency exchange and work permit offices for foreign workers in Egypt.
Shetab, officially the Interbank Information Transfer Network, is an electronic banking clearance and automated payments system used in Iran. The system was introduced in 2002 with the intention of creating a uniform backbone for the Iranian banking system to handle ATM, EFTPOS and other card-based transactions.
The Cairo Amman Bank is a full-service bank in Jordan and Palestine, with head office in Amman. The head office for the Palestinian territories is in Ramallah. The bank operates about 84 branches and offices in Jordan and 21 in the Palestinian territories. CAB ranks sixth in Jordan and third in the Palestinian territories based on assets. It is also ranked third in the Palestinian territories based on the number of branches it has. The bank is a member of the Jonet ATM network in Jordan.
Banque du Caire is a bank in Egypt, founded in 1952. It has a variety of services and products across the corporate and retail segments.
National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India. It was designed, developed and deployed by the Institute for Development and Research in Banking Technology (IDRBT) in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking. It is run by the National Payments Corporation of India (NPCI). As on 31st January’ 22, there were 1,203 members that includes 111 Direct, 1,045 Sub members, 43 RRBs and 4 WLAOs using NFS network connected to more than 2.55 Lac ATM (including cash deposit machines/recyclers).
EUFISERV is a European interbank network connecting the ATMs of savings banks in Austria, Belgium, the Czech Republic, Finland, France, Germany, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, and Switzerland. It is the largest and the only international credit union-owned interbank network in Europe.
Cairo Bank Uganda Limited (CBUL), formerly known as Cairo International Bank (CIB), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. It is a subsidiary of Egypt-based banking group, Banque du Caire Group.
Vocalink is a payment systems company headquartered in the United Kingdom, created in 2007 from the merger between Voca and LINK. It designs, builds and operates the UK payments infrastructure, which underpins the provision of the Bacs payment system and the UK ATM LINK switching platform covering 65,000 ATMs and the UK Faster Payments systems.
New Borg El Arab is a new Egyptian city of the first generation, located in Alexandria Governorate, and administratively affiliated to the New Urban Communities Authority. It was established by decree of the President of the Arab Republic of Egypt No. 506 dated December 5, 1979 under the name" New Amria City", and it remained in that name until the decision of the Chairman of the council was issued. Ministers No. 1532 dated July 31, 1989 amending its name to become the New Borg El Arab city, with a total area of 47,403 acres (191 km2), about 55 km away from Alexandria, about 8 km from the Mediterranean coast and the Alexandria Matrouh coastal road, and about 3 km from Borg El Arab.
Meeza (ميزة) is an Egyptian electronic payment systems provider for domestic transactions within Egypt. It is supported by the Egyptian government and is regulated by the Egyptian Central Bank and the national Egyptian Banks Company (EBC). Meeza provides similar electronic payment services as MasterCard and Visa but can only be used locally inside Egypt. The name Meeza means "special" in Egyptian Arabic.
Joseph Aslan Cattaui Pasha was an Egyptian businessman and politician, who served as President of the Jewish community of Cairo from 1924 until his death in 1942.
Interbank networks by region | |||
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| Worldwide | |||
| Africa |
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| Asia |
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| Europe |
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| North America | |||
| Oceania | |||
| South America |
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