SAIB allows holders of its prepaid cards to link their cards to the InstaPay app, making it easy to carry out financial transactions around the clock and from anywhere, including sending and receiving money, paying bills and installments, and checking balances, all through the Instant Payment Network.

About the Instant Payment Network:

  • The Instant Payment Network (IPN) is a payment system that lets bank customers make money transfers 24 hours a day, seven days a week (24X7).

Services available through the Instant Payment Network (IPN):

IPN customers can transfer money to:

  • Bank accounts, using the account number, mobile number (IPN-registered customers only) or IPA address (IPN-registered customers only)

  • Mobile wallets (using the mobile number)

  • Cards (credit, debit, prepaid, Meeza), using the 16-digit card number

Who can use the Instant Payment Network (IPN):

  • All bank customers and holders of debit cards, Meeza prepaid cards, credit cards and prepaid cards can use Instant Payment Network (IPN) services through the InstaPay app from Banks Misr company.

How to receive transfers through IPN:

  • You can receive transfers to your IPA payment address, using your mobile number, or by sending a collection request.

Usage limits on the InstaPay app:

  • Maximum per transaction: EGP 70,000.

  • Maximum daily limit per bank: EGP 120,000

  • Maximum monthly limit per bank: EGP 400,000

Who you can transfer to or receive transfers from:

  • You can transfer money from the bank accounts available in the app and receive it into any bank account, mobile wallet or card (credit, debit, prepaid, Meeza).

Banky's view for customers: This service reflects SAIB's commitment to making financial transactions easier for its customers by offering electronic payment and transfer solutions that let them manage their money and meet their obligations quickly and easily, around the clock, supporting wider use of digital banking services.