How to send money to Egypt
Discover how to transfer money to Egypt with the best EGP exchange rate in four easy steps
1. Make sure the Egyptian pound conversion rate is interesting
Sending money on a day where the exchange rate is favorable means more money arrives. Monitor the Egyptian pound rate and convert your money at a favorable moment.
2. Select the most interesting deal by comparing all options.
Monito's comparison engine lists many services to make money transfers to Egypt, such as TransferWise, Western Union, MoneyGram, Xendpay, Azimo. Selecting the most competitive money transfer provider from the more than 11 available options is the best way to save on fees and exchange rate.
3. Pick the best provider that suits your needs
Based on which criteria will make your choice? Fees and exchange rate, speed of transfer, customer reviews? Examine the different criteria before deciding which provider to use.
Another important aspect is to have a look at the options to pay for the transfer and receive the money. Transferring money from your e-banking or via your debit or credit card are the most common payment methods to send money to Egypt online. In Egypt, you often have to decide if you want the money 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 transfer with the provider of your choice
The last step is to sign up on the money transfer provider's online portal - be aware you will often need to give an offical ID and/or a proof of adress - and set upyour transaction.