What is the difference between InstaPay and SWIFT? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is the difference between InstaPay and SWIFT?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

InstaPay is for instant transfers between accounts and participating services within Egypt on the instant payments network, while SWIFT is a messaging network primarily used for international bank transfers.

Don't choose between them based solely on price; each serves a different purpose.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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