Egypt 1918 - Banque Belge pour l’Étranger, Cairo Branch Issued Cheque
Banque Belge pour l'Étranger played a discreet but significant role in Egypt’s wartime financial system. The bank provided sterling exchange, trade financing, documentary clearing, and short-term advances to commercial houses engaged in shipping, cotton brokerage, and military supply contracts. During World War I, Cairo functioned as a logistical and administrative hub for British forces in the Eastern Mediterranean, and foreign banks-Belgian, French, British, Italian, Greek-facilitated the movement of hard currency, letters of credit, and payment instructions across the region. Read more →