Best ways to send money to Egypt from South Africa
🏅 The overall best way to send ZAR to Egypt: WorldRemit
💲 The cheapest way to send money to Egypt from South Africa: WorldRemit
⏲️ The fastest way to send money to Egypt from South Africa: WorldRemit
🏦 The best way to send money from South Africa to Egypt via a bank transfer: WorldRemit
💳 The best provider for credit card transfers from South Africa to Egypt: WorldRemit
💳 The best provider for debit card transfers from South Africa to Egypt: WorldRemit
ZAR to EGP
In 2019 Egypt was reported to be the fifth-highest in terms of international money transfers received worldwide, following India, China, Mexico and the Philippines, the four biggest remittance-receiving nations in the world. Due to the country’s status as one of the most popular destinations for cross-border remittances, it has never been easier to send ZAR to EGP money transfers.
The official legal tender used across Egypt is the Egyptian Pound and the symbol used to distinguish the currency is E£. As a multicultural nation, EGP banknotes feature English and Hindu-Arabic numbers on one side and Arabic text with Eastern Arabic numbers on the other.
Choosing the best service provider
When considering how to send money Egypt from South Africa there are some key aspects of the transfer to consider.
The cheapest provider we found is WorldRemit at 1.67% Above Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using WorldRemit when transferring ZAR to EGP.
This means that by using WorldRemit for online money transfers to Egypt from South Africa, you are likely to save on transfer fees and benefit from fast speeds - so your recipient will get more money and have it delivered in less time.
Alternatively, if you are unable to access WorldRemit for any reason, our comparison engine has found and also to be very good options when sending ZAR - EGP.
This recommendation was updated one minute ago.
The cheapest way to send money from South Africa to Egypt
In order to avoid high fees, you should consider the cheapest way to send from South Africa to Egypt.
WorldRemit has been determined by our comparison engine to be currently offering you the cheapest rates possible.
Get the Best Rate and Sign Up for Rate Alerts South Africa to Egypt
The fastest way to send money from South Africa to Egypt
When sending money from South Africa to Egypt, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, WorldRemit is the fastest way to send ZAR - EGP.
What payment methods are available when sending money from South Africa to Egypt?
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.
Sending money to Egypt from South Africa using credit card
To avoid high fees you can opt to use an online money transfer provider such as WorldRemit to pay for your transfer to Egypt.
Sending money to Egypt from South Africa using a debit card
With WorldRemit you can send money online to Egypt using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Using a wire transfer to send money from South Africa to Egypt
Bank and wire transfers are the most common ways of sending money Egypt as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use WorldRemit to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.
If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in Egypt. If you're unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Egypt.
When sending money to Egypt from South Africa using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.
On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as WorldRemit, and .
Considerations for a ZAR - EGP Currency Transfer
Before sending money to Egypt from South Africa, you should consider the following:
The amount you want to transfer: It is likely that the more money you send to Egypt the more value you will get and more EGP the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
The ZAR - EGP exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 1.706964 and the lowest exchange rate margin is currently offered by WorldRemit at 1.67% above the mid market rate.
Hidden fees & charges: Before sending money to Egypt, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers WorldRemit, undefined and undefined will give insight here.
How to send money from South Africa to Egypt at the best rate?
This one’s easy. Simply use our comparison table above to find the best provider to send ZAR to EGP.
After that it’s just a process of making your transfer via the following steps:
Click “Visit Site” inside our comparison table
Register for an account if required
Input how much you are willing to send
Fund your transfer
Receive & save an email confirming your transfer
How to receive transfers from ZAR to EGP in Egypt?
Your recipient has a few methods available to receive your money in Egypt. These will vary between providers, but it is possible to find services that will:
Deposit EGP directly into a bank account
Enable the recipient to pick up cash a specific locations across Egypt
Deliver money directly to their door
Send EGP to your recipient’s mobile wallet
If your recipient is going to collect or have the money delivered to them in Egypt, then they will usually need the following:
A government issued I.D document such as passport, drivers license or Egyptian National Identity Card
The money transfer reference number
Senders details and the amount of money sent
How much money can be transferred from South Africa to Egypt?
The amount of EGP you can receive from South Africa will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers.
As well as limits set by the money transfer provider you opt for, regulations are also set by the Central Bank of Egypt impose limits on international currency transfers. This means anyone sending or receiving money to or from Egypt cannot exceed an annual limit of $100,000 on individual transfers.
In addition to this, Egypt employs specific regulations for funds transferred to mobile airtime top up and e-wallets. These regulations include a maximum daily transfer limit of EGP 6,000 and a maximum monthly transfer of EGP 50,000.
About Money Transfers to Egypt from South Africa
We’ve compared the best money transfer providers to send money from South Africa to Egypt. The cheapest provider for ZAR to EGP transfers is WorldRemit, while the fastest is WorldRemit.
|💰 Most transferred amount||1000EGP +|
|💸 Cheapest provider (on average)||WorldRemit|
|⚡ ️Fastest transfer time||In minutes with WorldRemit|
|💱 Currency Transfer Pair||ZAR - EGP|
|📈 ZAR - EGP mid market rate||1.706964|
|💳 Pay-in options in South Africa||Bank transfer from South Africa with WorldRemit, Debit card with WorldRemit, Credit card with WorldRemit|
|💵 Pay-out options in Egypt||Bank accounts in Egypt, Debit card|
|🏆 Top 3 ZAR - EGP providers||WorldRemit, and|