Many freelancers, travellers, and businesspeople experience hassles when sending money from Egypt to the United States. From high transaction costs to cumbersome paperwork, lengthy waits, and unfavourable exchange rates, these challenges can be frustrating.
However, with digital platforms like Grey, it is now relatively affordable to send money from Egypt to the USA. Let’s explore some ways to send money from Egypt to the USA.
Read also: Where to buy Egyptian pound as a non-citizen
Here are some of the available options for sending money from Egypt to the USA.
Grey allows users in Egypt to send and receive international payments with multi-currency accounts. Users can open USD, GBP, and EUR accounts and enjoy cross-border payments at low fees and exchange currencies at the best rates. It’s especially useful for freelancers, remote workers, students, and businesses. Grey also offers a versatile virtual USD debit card to improve your financial flexibility further. You can convert from Egyptian pounds (EGP) to US dollars (USD) and send them to international accounts. Grey offers a transparent pricing structure.
Wise is a popular, affordable digital payment platform for cross-border payments. Wise charges a small flat fee and a percentage of the transfer amount with no hidden fees.
While many African countries are restricted from using PayPal, it remains an option for people in Egypt. It is globally trusted and widely used. If you and the recipient both have PayPal accounts, you can send money with just an email address. Major downsides to PayPal, however, could be the currency conversion fees and the withdrawal fees the recipient incurs.
Read also: How to get paid in USD as a freelancer in Egypt
This is one of the oldest means of international payment. Western Union remains a reliable offline and online option, especially if the recipient prefers cash pick-up in the USA. It is widely available in Egypt and the USA, but it might be more expensive compared to some other digital payment platforms.
Egyptian banks such as Commercial International Bank (CIB) and Banque Misr allow SWIFT transfers to US bank accounts. While the fees could be high, it is a great option for large amounts. The overall cost and exchange rate also vary depending on the bank.
Read also: Best countries to work in Africa
With a reliable payment solution like Grey, you not only get a multi-currency account for international transactions. You also get a balance of affordability, easy usability, and competitive exchange rates. Whether you’re paying a US-based supplier or sending money to family, Grey gives you the tools to do it securely with just a token.
You can set up an account on Grey within minutes and enjoy seamless global transactions.
Create a free Grey account to send money from Egypt to the USA easily and at the best rates.
.svg)
Back to top
