How to send money to Egypt from Italy with the best EUR-EGP rate

MoneyGram is the cheapest right now for transfers from Italy. Using a debit card deposit into a mobile money will get you 437,151.4 EGP in Egypt.

For speed, TapTap Send is fastest, with delivery in minutes.

Best companies for EUR/EGP transfers

7 of 7 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/EGP transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €73.81 1 EUR = 62.5889 EGP -0.12% vs mid-market Recipient gets E£433,502.61 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Egypt with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€73.811 EUR = 62.5889 EGP
E£433,502.61You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 62.1587 EGP +0.57% vs mid-market Recipient gets E£435,110.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Egypt with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 62.1587 EGP
E£435,110.90You pay€7,000.00

Run a live search

Showing top Italy to Egypt deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €0.99 1 EUR = 62.4502 EGP +0.10% vs mid-market Recipient gets E£437,151.40 Minutes - 24 hours
Cheapest

Ways to receive money in Egypt with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 24 hoursAvailable via:Etisalat
€0.991 EUR = 62.4502 EGP
E£437,151.40You pay€7,000.99
Mobile walletMinutes - 24 hoursAvailable via:All Wallets
€0.991 EUR = 62.4502 EGP
E£437,151.40You pay€7,000.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€1.991 EUR = 62.1652 EGP
E£435,156.40You pay€7,001.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €0.99 1 EUR = 62.4502 EGP +0.10% vs mid-market Recipient gets E£437,151.40 Minutes - 24 hours

Ways to receive money in Egypt with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 24 hoursAvailable via:Etisalat
€0.991 EUR = 62.4502 EGP
E£437,151.40You pay€7,000.99
Mobile walletMinutes - 24 hoursAvailable via:All Wallets
€0.991 EUR = 62.4502 EGP
E£437,151.40You pay€7,000.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€1.991 EUR = 62.1652 EGP
E£435,156.40You pay€7,001.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €0.99 1 EUR = 62.4502 EGP +0.10% vs mid-market Recipient gets E£437,151.40 Minutes - 24 hours

Ways to receive money in Egypt with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Mobile walletMinutes - 24 hoursAvailable via:All Wallets
€0.991 EUR = 62.4502 EGP
E£437,151.40You pay€7,000.99
Mobile moneyMinutes - 24 hoursAvailable via:Etisalat
€0.991 EUR = 62.4502 EGP
E£437,151.40You pay€7,000.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€1.991 EUR = 62.1652 EGP
E£435,156.40You pay€7,001.99
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 62.3467 EGP +0.27% vs mid-market Recipient gets E£436,426.89 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Egypt with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 62.3467 EGP
E£436,426.89You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 62.2500 EGP +0.43% vs mid-market Recipient gets E£435,750.00 Minutes
Fastest
Receive to bank account

Ways to receive money in Egypt with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Mobile walletMinutesAvailable via:E-Wallet
Free1 EUR = 62.2500 EGP
E£435,750.00You pay€7,000.00
Bank depositMinutesAvailable via:EGP Bank Account
Free1 EUR = 62.2500 EGP
E£435,750.00You pay€7,000.00
Cash pickupMinutesAvailable via:EGP Cash Pickup, Fawry Plus
Free1 EUR = 62.2500 EGP
E£435,750.00You pay€7,000.00
Mobile moneyMinutesAvailable via:Vodafone Cash
Free1 EUR = 62.2500 EGP
E£435,750.00You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 62.2029 EGP +0.50% vs mid-market Recipient gets E£435,420.39 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Egypt with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 62.2029 EGP
E£435,420.39You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 62.1587 EGP +0.57% vs mid-market Recipient gets E£435,110.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Egypt with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 62.1587 EGP
E£435,110.90You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 62.1587 EGP +0.57% vs mid-market Recipient gets E£435,110.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Egypt with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 62.1587 EGP
E£435,110.90You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 62.1587 EGP +0.57% vs mid-market Recipient gets E£435,110.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Egypt with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 62.1587 EGP
E£435,110.90You pay€7,000.00

Wise

Pay via Bank transfer
Fee €73.81 1 EUR = 62.5889 EGP -0.12% vs mid-market Recipient gets E£433,502.61 Same day
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Egypt with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€73.811 EUR = 62.5889 EGP
E£433,502.61You pay€7,000.00

Wise

Pay via iDEAL
Fee €83.84 1 EUR = 62.5889 EGP -0.12% vs mid-market Recipient gets E£432,874.85 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Egypt with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€83.841 EUR = 62.5889 EGP
E£432,874.85You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €62.25 1 EUR = 62.0125 EGP +0.81% vs mid-market Recipient gets E£430,227.02 Within a week
Multi-currency cardReceive to bank account

Ways to receive money in Egypt with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a week
€62.251 EUR = 62.0125 EGP
E£430,227.02You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Debit card
Fee €128.25 1 EUR = 62.5889 EGP -0.12% vs mid-market Recipient gets E£430,095.27 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Egypt with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€128.251 EUR = 62.5889 EGP
E£430,095.27You pay€7,000.00

Wise

Pay via Credit card
Fee €169.86 1 EUR = 62.5889 EGP -0.12% vs mid-market Recipient gets E£427,490.95 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Egypt with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€169.861 EUR = 62.5889 EGP
E£427,490.95You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 62.5155 EGP Updates every 60 minutes.

How to send money from Italy to Egypt

Pick a company

For a one-off EUR transfer to Egypt, I suggest picking the cheapest option which is MoneyGram.

MoneyGram was the cheapest on 6 of the 30 days it quoted €7,000 transfers to Egypt.

On a 7,000 EUR transfer, MoneyGram delivers the most EGP.

The best option will change depending on how much you actually send, so I suggest to get the best EUR/EGP rate.

Fund your transfer

You have 4 ways to fund your transfer: bank transfer, debit card, credit card, and iDEAL.

Sending money to Egypt directly with SEPA is expensive, but it's a cheap and quick way to fund your money transfer account.

You can also use a debit card to fund the transfer, including the Postepay card.

Verify and send

First time round you'll need your codice fiscale and a photo ID to verify your account.

Compare amounts

How much EUR are you sending to Egypt?

How much EUR you send to Egypt heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows MoneyGram was the cheapest in 22% of the transfers from €5,000 it quoted, and in 24% of all the transfers it quoted.

Cheapest service
€500-1.29%€0.00E£31,643.98with debit card to bank deposit+E£685.12
€1,0000.06%€0.99E£62,450.20with debit card to mobile money+E£519.76
€2,0000.06%€0.99E£124,900.40with debit card to mobile money+E£965.63
€5,000-0.13%€0.99E£312,751.50with debit card to mobile money+E£2,640.21
€7,000This page0.10%€0.99E£437,151.40with debit card to mobile money+E£2,967.48

Mid-market rate: 1 EUR = 62.5155 EGP

EUR/EGP Exchange Rate History

Is today a good time to send money from Italy to Egypt?

The cheapest way to send EUR to EGP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's MoneyGram), across 30 days of comparisons for 7,000 EUR transfers to Egypt.

EGP received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rateE£437,608.44 MoneyGram E£437,151.40MoneyGramE£437,151.40Regency FXE£436,426.89TapTap SendE£435,750.00

400.000
410.000
420.000
430.000
440.000
450.000
At the mid-market rateWith the cheapest optionMoneyGramRegency FXTapTap Send
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.2078 – E£414,454.59
Regency FX Cheapest 59.0479 €0.00 E£413,335.56 −E£1,119.03
TapTap Send 59.0400 €0.00 E£413,280.00 −E£1,174.59
MoneyGram 58.4403 €0.99 E£409,082.10 −E£5,372.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.9461 – E£412,622.96
TapTap Send Cheapest 58.9000 €0.00 E£412,300.00 −E£322.96
Regency FX 58.7870 €0.00 E£411,508.88 −E£1,114.08
MoneyGram 58.5703 €0.99 E£409,992.10 −E£2,630.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.8013 – E£411,609.39
TapTap Send Cheapest 58.6500 €0.00 E£410,550.00 −E£1,059.39
Regency FX 58.6426 €0.00 E£410,498.05 −E£1,111.34
MoneyGram 58.4530 €0.99 E£409,171.00 −E£2,438.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.9024 – E£412,316.85
Regency FX Cheapest 58.7434 €0.00 E£411,203.59 −E£1,113.26
TapTap Send 58.7200 €0.00 E£411,040.00 −E£1,276.85
MoneyGram 58.1462 €0.99 E£407,023.40 −E£5,293.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.7762 – E£411,433.67
TapTap Send Cheapest 58.7200 €0.00 E£411,040.00 −E£393.67
Regency FX 58.6175 €0.00 E£410,322.80 −E£1,110.87
MoneyGram 57.9664 €0.99 E£405,764.80 −E£5,668.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.7682 – E£411,377.67
TapTap Send Cheapest 58.7200 €0.00 E£411,040.00 −E£337.67
Regency FX 58.6096 €0.00 E£410,266.95 −E£1,110.72
MoneyGram 57.9664 €0.99 E£405,764.80 −E£5,612.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.6592 – E£410,614.35
TapTap Send Cheapest 58.7200 €0.00 E£411,040.00 +E£425.65
Regency FX 58.5008 €0.00 E£409,505.69 −E£1,108.66
MoneyGram 57.9664 €0.99 E£405,764.80 −E£4,849.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.8058 – E£411,640.74
Regency FX Cheapest 58.6470 €0.00 E£410,529.31 −E£1,111.43
TapTap Send 58.6000 €0.00 E£410,200.00 −E£1,440.74
MoneyGram 58.1630 €0.99 E£407,141.00 −E£4,499.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.7845 – E£411,491.17
MoneyGram Cheapest 58.8416 €0.99 E£411,891.20 +E£400.03
TapTap Send 58.7000 €0.00 E£410,900.00 −E£591.17
Regency FX 58.6257 €0.00 E£410,380.14 −E£1,111.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.6097 – E£410,267.86
MoneyGram Cheapest 58.5908 €0.99 E£410,135.60 −E£132.26
TapTap Send 58.5500 €0.00 E£409,850.00 −E£417.86
Regency FX 58.4514 €0.00 E£409,160.13 −E£1,107.73
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.7988 – E£411,591.38
Regency FX Cheapest 58.6400 €0.00 E£410,480.09 −E£1,111.29
TapTap Send 58.5000 €0.00 E£409,500.00 −E£2,091.38
MoneyGram 58.4976 €0.99 E£409,483.20 −E£2,108.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.7149 – E£411,004.40
Regency FX Cheapest 58.5564 €0.00 E£409,894.69 −E£1,109.71
TapTap Send 58.5400 €0.00 E£409,780.00 −E£1,224.40
MoneyGram 58.5391 €0.99 E£409,773.70 −E£1,230.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.7149 – E£411,004.40
Regency FX Cheapest 58.5564 €0.00 E£409,894.69 −E£1,109.71
TapTap Send 58.5400 €0.00 E£409,780.00 −E£1,224.40
MoneyGram 58.5391 €0.99 E£409,773.70 −E£1,230.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.9573 – E£412,701.45
Regency FX Cheapest 58.7982 €0.00 E£411,587.16 −E£1,114.29
TapTap Send 58.7000 €0.00 E£410,900.00 −E£1,801.45
MoneyGram 58.5391 €0.99 E£409,773.70 −E£2,927.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 58.9713 – E£412,799.39
Regency FX Cheapest 58.8121 €0.00 E£411,684.84 −E£1,114.55
TapTap Send 58.7200 €0.00 E£411,040.00 −E£1,759.39
MoneyGram 58.6812 €0.99 E£410,768.40 −E£2,030.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.4139 – E£415,897.13
Western Union Cheapest 59.1401 €0.00 E£413,980.79 −E£1,916.34
TapTap Send 59.1000 €0.00 E£413,700.00 −E£2,197.13
MoneyGram 58.8501 €0.99 E£411,950.70 −E£3,946.42
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.7754 – E£418,427.54
Regency FX Cheapest 59.6140 €0.00 E£417,297.79 −E£1,129.75
TapTap Send 59.3000 €0.00 E£415,100.00 −E£3,327.54
MoneyGram 59.2416 €0.99 E£414,691.20 −E£3,736.34
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.0739 – E£420,516.96
Regency FX Cheapest 59.9117 €0.00 E£419,381.57 −E£1,135.39
TapTap Send 59.9000 €0.00 E£419,300.00 −E£1,216.96
MoneyGram 59.7197 €0.99 E£418,037.90 −E£2,479.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.7370 – E£418,158.72
TapTap Send Cheapest 60.0000 €0.00 E£420,000.00 +E£1,841.28
MoneyGram 59.8517 €0.99 E£418,961.90 +E£803.18
Regency FX 59.5757 €0.00 E£417,029.69 −E£1,129.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.1522 – E£421,065.39
TapTap Send Cheapest 60.1000 €0.00 E£420,700.00 −E£365.39
Regency FX 59.9898 €0.00 E£419,928.52 −E£1,136.87
MoneyGram 59.8517 €0.99 E£418,961.90 −E£2,103.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.0973 – E£420,681.02
TapTap Send Cheapest 60.0000 €0.00 E£420,000.00 −E£681.02
MoneyGram 59.9637 €0.99 E£419,745.90 −E£935.12
Regency FX 59.9350 €0.00 E£419,545.18 −E£1,135.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.0336 – E£427,235.26
TapTap Send Cheapest 61.0000 €0.00 E£427,000.00 −E£235.26
Regency FX 60.8688 €0.00 E£426,081.72 −E£1,153.54
MoneyGram 60.0003 €1.99 E£420,002.10 −E£7,233.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.9547 – E£426,683.06
MoneyGram Cheapest 61.0023 €0.99 E£427,016.10 +E£333.04
TapTap Send 61.0000 €0.00 E£427,000.00 +E£316.94
Regency FX 60.7901 €0.00 E£425,531.02 −E£1,152.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.2215 – E£428,550.70
MoneyGram Cheapest 61.1261 €0.99 E£427,882.70 −E£668.00
TapTap Send 61.1000 €0.00 E£427,700.00 −E£850.70
Regency FX 61.0562 €0.00 E£427,393.61 −E£1,157.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.9445 – E£433,611.63
Regency FX Cheapest 61.7773 €0.00 E£432,440.87 −E£1,170.76
MoneyGram 61.6005 €1.99 E£431,203.50 −E£2,408.13
TapTap Send 61.5000 €0.00 E£430,500.00 −E£3,111.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.7016 – E£431,911.38
TapTap Send Cheapest 61.8000 €0.00 E£432,600.00 +E£688.62
Regency FX 61.5350 €0.00 E£430,745.22 −E£1,166.16
MoneyGram 61.5005 €1.99 E£430,503.50 −E£1,407.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.7016 – E£431,911.38
TapTap Send Cheapest 61.8000 €0.00 E£432,600.00 +E£688.62
Regency FX 61.5350 €0.00 E£430,745.22 −E£1,166.16
MoneyGram 61.5005 €1.99 E£430,503.50 −E£1,407.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 62.6256 – E£438,378.86
Regency FX Cheapest 62.4565 €0.00 E£437,195.23 −E£1,183.63
TapTap Send 62.4000 €0.00 E£436,800.00 −E£1,578.86
MoneyGram 62.0561 €1.99 E£434,392.70 −E£3,986.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 62.7989 – E£439,592.22
MoneyGram Cheapest 62.9710 €0.99 E£440,797.00 +E£1,204.78
TapTap Send 62.6500 €0.00 E£438,550.00 −E£1,042.22
Regency FX 62.6293 €0.00 E£438,405.32 −E£1,186.90
Exchange rateFeeRecipient getsDifference
Mid-market rate 62.5155 – E£437,608.44
MoneyGram Cheapest 62.4502 €0.99 E£437,151.40 −E£457.04
Regency FX 62.3467 €0.00 E£436,426.89 −E£1,181.55
TapTap Send 62.2500 €0.00 E£435,750.00 −E£1,858.44

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more EGP per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 7 of the last 30 days.

Right now, MoneyGram pays 437,151.4 EGP on 7,000 EUR, which is 457.04 EGP less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 440,797 EGP.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Egypt.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. MoneyGramAppeared in 84 comparisons

    Cheapest in 24% of them

  2. Regency FXAppeared in 29 comparisons

    Cheapest in 41% of them

  3. TapTap SendAppeared in 87 comparisons

    Cheapest in 26% of them

Based on 94 comparisons across 5 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today MoneyGram is the cheapest and gets you the most EGP, but it was the cheapest in only 24% of the 84 comparisons it appeared in over the past month.

If it's a one-off transfer, go with MoneyGram, since it's the cheapest right now.

Ways to send money from Italy to Egypt

7 companies send money from Italy to Egypt. You can send EUR via app, online, broker, multi-currency account, global account, and in person, and more below.

Regular transfers

Money transfer apps

For the regular transfer home, an app like MoneyGram is the easiest and most convenient option.

Over the past month, MoneyGram was the cheapest app on 23% of the days it appeared for €7,000 transfers.

MoneyGram charges €0.99 on a €7,000 transfer, and 437,151.4 EGP lands in a mobile wallet in seconds, no bank account needed on their side.

For one-off transfers

Online transfers

Outside the euro transfers, a bank transfer passes through intermediary banks, and each one can take a cut along the way.

Online services skip this and use their own network (it’s much cheaper).

MoneyGram delivers 437,151.4 EGP on €7,000 with a €0.99 fee and 0.1% markup.

In our comparisons over the past month, it was the cheapest online service on 21 of the 30 days it quoted.

Sending large sums

Currency brokers

Managed services charge no fees and work on margin instead, and the more you send to Egypt, the better rate you will get.

Regency FX charges no fee and adds 0.27% on EUR/EGP rate.

Our analysis shows Regency FX was the cheapest broker in 97% of the transfers from €5,000 it quoted.

Travelling and receiving

Multi-currency accounts

If you travel to Egypt often, or receive payments from there, this is the best option.

Multi-currency accounts let you hold EUR and EGP in one account, and give you local details.

I suggest trying Wise.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

It holds EUR and EGP balances and charges small fees to convert between them.

For business payments

Global accounts

Global accounts are for businesses and freelancers with a partita IVA, paying suppliers abroad, invoicing foreign clients, holding a few currencies.

A few good options are Wise Business, Airwallex, and Payoneer.

Ways to fund EUR and receive EGP in Egypt

With MoneyGram, paying by debit card and receiving through mobile money is the cheapest combination. Sending €7,000 gives your recipient 437,151.4 EGP.

In Italy, you can pay by bank transfer, debit card, credit card, and iDEAL.

Satispay and Bancomat Pay are mainly domestic payment methods, they do not send EGP to Egypt by themselves.

In Egypt, the recipient can use bank deposit, mobile money, mobile wallet, and cash pickup.

In Egypt, they can collect cash through Etisalat.

They need to take a photo ID and the collection reference to a participating Etisalat location in Egypt.

  1. 1
    Debit card Mobile money

    You pay €7,000.99

    E£437,151

    Cheapest

  2. 2
    Debit card Mobile wallet

    You pay €7,000.99

    E£437,151

    E£0

  3. 3
    Credit card Mobile money

    You pay €7,000.99

    E£437,151

    E£0

  4. 4
    Credit card Mobile wallet

    You pay €7,000.99

    E£437,151

    E£0

  5. 5
    Bank transfer Mobile wallet

    You pay €7,000.99

    E£437,151

    E£0

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  1. 6
    Bank transfer Mobile money

    You pay €7,000.99

    E£437,151

    E£0

  2. 7
    Bank transfer Bank deposit

    You pay €7,000.00

    E£436,427

    -E£725

  3. 8
    Debit card Bank deposit

    You pay €7,000.00

    E£435,750

    -E£1,401

  4. 9
    Debit card Cash pickup

    You pay €7,000.00

    E£435,750

    -E£1,401

  5. 10
    Credit card Bank deposit

    You pay €7,001.99

    E£435,156

    -E£1,995

  6. 11
    iDEAL Bank deposit

    You pay €7,000.00

    E£432,875

    -E£4,277

Consider this when sending money from Italy to Egypt

For a transfer from Italy, compare the amount received first. Then check whether you are making a SEPA payment, an extra-SEPA transfer or a cash-agent remittance, because each works differently.

Compare money transfer options

These are the leading options for a €7,000 transfer to Egypt.

Cheapest way to send money to Egypt

The cheapest option is MoneyGram, funded by debit card with mobile money for the payout. Your recipient gets 437,151.4 EGP, which is 0.17% more than the next best option.

Fastest way to send money to Egypt

The fastest option is TapTap Send. Pay by debit card and choose mobile wallet for the payout. Your recipient gets 435,750 EGP, with the money arriving in minutes.

SEPA only covers the first leg

A bonifico can move euros from your Italian bank to the transfer company through SEPA.

Companies like MoneyGram then convert the money into EGP and pay your recipient in Egypt through a local bank, a wallet, or a cash-pickup network.

SEPA may fund the transfer quickly, but the delivery time depends on the local payout method.

Check the agent when paying in person

In Italy, the term "money transfer" often means a cash-agent shop rather than an online bank transfer.

The Banca d'Italia confirms that money remittance must be provided by a bank, electronic money institution or authorised payment institution.

Their Italian agents must appear in the OAM register.

Prepare for anti-money-laundering checks

Italian banks and transfer companies can pause a large, unusual or poorly explained payment while they check its purpose and source.

Use a clear causale and keep the document that explains the money ready.

For property proceeds, tuition or moving savings, tell the bank before the transfer is due.

If a payment-service complaint is not resolved directly, the Arbitro Bancario Finanziario is the Italian financial ombudsman route.

How we analyse the market

Every company here is registered with Banca d'Italia or passported in from elsewhere in the EU.

We track 7 of them on EUR to Egypt, comparing rates, fees and the ways to pay in and collect, updated in real time on live comparisons.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for EUR/EGP transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Nothing appears without passing our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.