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Egyptian Banks Company (EBC) was established in 1995, Our target is to provide and construct a comprehensive infrastructure for financial electronic payment solutions in Egypt.
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EBC introduced the National Debit Card Brand (123) in 1997 to be accepted throughout the national ATM and Points of Sale networks in Egypt, This network allows customers to deal easily with their accounts 24 hours a day throughout the week.
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The Automated Clearing House System (ACH) will be established for bulk processing of individual and recurrent electronic credit and debit transfers initiated by commercial banks or by their customers.
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  • As per Egyptian Banks Company for Technological Advanced (EBC) supervision in expanding the 123 network by linking with regional and international networks, EBC has signed an agreement with Discover network to accept their cards on 123 network for cash withdrawal and balance inquiry. Discover.....

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  • As per Egyptian Banks Company for Technological Advanced (EBC) supervision in expanding the 123 network by linking with regional and international networks, EBC is going to sign an agreement with the Japan Credit Bureau (JCB) to accept their cards through 123 network......

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  • Within Central Bank of Egypt (CBE) effort to develop payment systems in Egypt, CBE has assigned Egyptian Banks Company for Technological Advancement (EBC) with the development of the Automated Clearing House (EG-ACH) system for Bulk small value payments, CBE has finalized the implementation.....

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  • Press Release

    EBC conduct a Press Confrence for corporates bulk payment through EG-ACH Direct Credit. Press release article for this topic is available in Arabic only, cilck here to review the Arabic version......

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  • Events

    EBC has launched the new Direct Debit service in a huge event in the presence of all banks in Egypt in addition to a representative of the Central Banks of Egypt. Direct Debit is a quick, easy and convenient method of making regular payments (e.g. bills, installments, subscriptions,.....

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