The Bank Identification Number (BIN) 505823 is issued by SGMA in EGYPT. This is a CMI DEBIT card with MEEZA level.
BIN (Bank Identification Number), also known as IIN (Issuer Identification Number), refers to the first 6 digits of a payment card number. These digits identify the card-issuing institution, card type, and other attributes used for routing and fraud prevention.
By looking up BIN 505823, you can determine: the card network (CMI), whether it's a credit, debit, or prepaid card (DEBIT), the card level (MEEZA), the issuing bank (SGMA), and the country of issuance (EGYPT). This information is useful for payment processors, merchants, and fraud prevention systems.