123 (interbank network)
{{more footnotes|date=January 2013}}
{{Infobox company
| name = Egyptian Banks Co. for Technological Advancement, SAE
| trade_name = 123
| location_country = Egypt
| industry = Banking
| footnotes = {{Cite web |date=17 March 2020 |title=Egypt's central bank to support e-payments, fintech, and more |url=https://thepaypers.com/payments-general/egypts-central-bank-to-support-e-payments-fintech-and-more--1241187# |access-date=16 September 2021 |website=thepaypers.com |language=en}}{{Cite press release |title=MasterCard and EBC introduce Egypt's Mobile Payment Gateway |date=24 June 2013 |publisher=MasterCard |location=Cairo, Egypt |url=https://newsroom.mastercard.com/press-releases/mastercard-and-ebc-introduce-egypts-mobile-payment-gateway/ |language=English |access-date=16 September 2021}}
}}
"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 International Bank
- Arab Banking Corporation – Egypt
- Bank of Alexandria
- Alexandria Commercial & Maritime Bank
- ARAB Bank
- Barclays – Egypt
- Banque du Caire
- Blom Bank (Misr Romanian Bank)
- Banque Misr
- BNP Paribas Le Caire
- Calyon Bank Egypt
- Cairo Far East Bank
- Commercial International Bank
- National Bank of Abu Dhabi
- Delta International Bank
- Egyptian American Bank
- Egyptian ARAB Land Bank
- Piraeus Bank (Egyptian Commercial Bank)
- Export Development Bank of Egypt
- Egyptian Gulf Bank
- Egyptian Saudi Finance Bank
- Faisal Islamic Bank of Egypt
- Housing & Development Bank
- HSBC
- Misr International Bank
- Misr Iran Development Bank
- National Bank for Development
- National Bank of Oman
- National Societe Generale Bank
- Societe Arab Internationale de Banque
- United Bank Of Egypt
- Al Watany Bank of Egypt
- Egypt Post
- National Bank of Egypt
References
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