Desert in Egypt

Send money to Egypt securely

Information verified correct on April 28th, 2017

Take advantage of low fees and competitive exchange rates when sending money to Egypt.

When you need to get money to a loved one overseas, the last thing you want to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Egypt doesn’t have to be expensive. Compare the transfer fees and exchange rates of the options available to you to get the most Egyptian pounds for your dollar.

Compare international money transfers to Egypt

Our interactive table lets you compare current fees, exchange rates, transfer speeds and other details about sending your money overseas. Enter the amount you’re transferring, and see how much will arrive at your destination.

Rates last updated April 28th, 2017

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

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Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 1,000 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
Use promo code FREE to ... Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
More

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  • If the provider quotes a different rate to the one above please let us know
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How do international money transfers work?

If you don’t already have an account with the company you choose for your transfer, you’ll need to open one either in person or online. The money you send can be in cash or from a bank account, a debit card or even a credit card. Simply put, once you’ve signed over your funds and designated a recipient, the bank or transfer agency whisks it through electronic money networks to its destination, where your recipient either picks it up in person or finds it deposited into their bank account.

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Case study: Ahmed sends money to Egypt

In Egypt, Ahmed’s family owns a well-known carpet company that exports a large volume of its products to the US. His father wants Ahmed to relocate to New York and open a second store in the city.

One concern the family has is transferring the profits back to Egypt to continue supporting the family business. To find the solution, Ahmed compares a few options when sending $1,000 to see how that translates to Egyptian pounds.

Money Transfer Company AMoney Transfer Company B
Exchange rate
1 USD = 18.378 EGP1 USD = 18.79 EGP
Fees$0$13.00
Amount received$18,378 EGP$18,777 EGP
Turnaround time1 day10 minutes
Options for the transferOnline, phone, agentonline

Ahmed discovers that although Money Transfer Company A doesn’t charge a transfer fee, Money Transfer Company B’s superior exchange rate allows Ahmed to send his father more money.

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Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Most countries’ exchange rates are flexible, which means they can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

 

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How to compare providers when transferring money to Egypt

You’ll want to consider costs, of course. But other factors can also affect your choice.

  • Exchange rate. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
  • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
  • Transfer methods. Some transfer companies will allow you to use a credit card and complete the transaction online while others will require that you go to an agency in order to send money to Egypt from the US.
  • Pickup method. Can your beneficiary pick up the cash from their nearest transfer agent, or will the funds be deposited into their bank account?
  • Turnaround time. Will the funds be available for your beneficiary in minutes, or it take several working days to arrive?
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Ways to send money to Egypt from the US

  • Bank transfers. Many major US banks will allow you to wire money to banks in Egypt.
  • Money transfer providers. It’s simple and convenient to send an online money transfer to Egypt from the comfort of your home.
  • Providers with cash pickup. MoneyGram and Ria have offices in Egypt where your recipient can pick up money, but they make only euros or US dollars available for your recipient.
  • M-Pesa. M-Pesa is a safe, secure way to send, receive and store money through your mobile phone or an app. Top up your account at one of more than 287,000 agent locations and then send money to loved ones, who can visit an agent to withdraw their funds.
  • PayPal. Use this digital payment giant to transfer money from the US to Egypt, with a percentage of the transaction amount charged as a fee.
Back to topFind a money transfer location near you

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How safe is a money transfer?

When processed through a reputable provider, your funds are safely tracked until in the hands of your recipient. When sending money internationally, federal protections are in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

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Follow the money to Egypt

Whichever method you use, keep a record of the transaction reference number and other details so you can track the transfer and follow up if your recipient has any issues.

For a more comprehensive look at sending money overseas, see our guide to sending money overseas.

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US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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