How to send money to Egypt
Learn how to send money to Egypt at the best rate with these 4 steps
1. Make sure the Egyptian pound mid-market rate is in your favor
Transfering money at the right time can help you save money. It's a good idea to set-up our smart alerts to keep an eye on the evolution of the EGP exchange rate.
2. Find the best deal by comparing the available companies.
There are 11 services to transfer money to Egypt, such as TransferWise, Western Union, MoneyGram, Xendpay, Azimo. Picking the most competitive service from the more than 11 available options is the best way to save on costs.
3. Select the best option based on your criteria
Search for the provider with the overall most competitive cost, the faster transfer time, best customer reviews, or other criteria.
It is also interesting to have a look at the pay-in and pay-out methods. Credit cards, debit cards or a bank transfer are the most often available pay-in methods to send money to Egypt online. In Egypt, choose if you need the converted amount to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and get started wih your transaction with the service you selected
The last step is to sign up on the money transfer provider's online portal - be ready to provide an ID and/or a proof of adress - and configure your transfer to Egypt.