Home Send Money From United Kingdom to Egypt

Sending money to Egypt from United Kingdom

Amount
2000
GBP
EGP
United Kingdom
GBP
Egypt
EGP
GBP
£
Top Provider
Amount Received
By Bank Transfer
 57,729.42
EGP
Fees: 0
Rate: 28.86471
Payment Options
Speed
Debit Card
Minutes
Credit Card
Minutes
Bank Transfer
Minutes
Key Features
First 4 Transfers Free - use code 4FREEMT
10 AUD off when you send 100 AUD
90% transfers completed in minutes
No domestic transfers
Amount Received
By Bank Transfer
 58,886.22
EGP
Fees: £18.26
Rate: 29.71440
Payment Options
Speed
Bank Transfer
Next Day
Credit Card
Next Day
Debit Card
Next Day
Key Features
Offers low rates
Well known brand
Amount Received
By Bank Transfer
 57,643.73
EGP
Fees: 0
Rate: 28.82186 *
Payment Options
Speed
Bank Transfer
3-5 Days
Debit Card
3-5 Days
Key Features
Internationally renowned bank
Current Mid-Market Rate: 1 GBP = 29.759282 EGP
* Some rates may be indicative.

[CURRENCY_FROM] 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 GBP 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 United Kingdom there are some key aspects of the transfer to consider. 

The cheapest provider we found is Wise at % Above Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using WorldRemit when transferring GBP to EGP.

This means that by using WorldRemit for online money transfers to Egypt from United Kingdom, 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 Wise and Barclays also to be very good options when sending GBP – EGP.

This recommendation was updated one minute ago.

The cheapest way to send money from United Kingdom to Egypt

In order to avoid high fees, you should consider the cheapest way to send from United Kingdom to Egypt.  

Wise 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 United Kingdom to Egypt

The fastest way to send money from United Kingdom to Egypt

When sending money from United Kingdom 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 GBP – EGP.

What payment methods are available when sending money from United Kingdom 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 United Kingdom 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 United Kingdom 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 United Kingdom 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 United Kingdom 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, Wise and Barclays.

Considerations for a GBP – EGP Currency Transfer

Before sending money to Egypt from United Kingdom, you should consider the following:

  1. 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.
  2. The GBP – 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 29.759282 and the lowest exchange rate margin is currently offered by WorldRemit at % above the mid market rate.
  3. 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, Wise and Barclays will give insight here.

How to send money from United Kingdom to Egypt at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send GBP to EGP. 

After that it’s just a process of making your transfer via the following steps:

  1. Click “Visit Site” inside our comparison table
  2. Register for an account if required
  3. Input how much you are willing to send
  4. Fund your transfer
  5. Receive & save an email confirming your transfer

How to receive transfers from GBP 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:

If your recipient is going to collect or have the money delivered to them in Egypt, then they will usually need the following:

How much money can be transferred from United Kingdom to Egypt?

The amount of EGP you can receive from United Kingdom 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. 

Who is Egypt’s central monetary authority?
Will money sent from United Kingdom to Egypt be taxed?
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April Summers

April is a trained journalist and the Content Editor for MoneyTransfers.com. She has 10 years experience writing about a diverse range of subjects, from financial services to arts and entertainment. When she’s not writing about global remittances she can be found daydreaming about her next holiday abroad.