When it comes to international payments, there are many factors to consider, such as transaction speed, platform security, and transfer limits. But for most people, cost is one of the most important.

While  financial platforms  enable sending money from India to Egypt , many come with high exchange rate markups, high transfer fees, or hidden fees and charges that quickly increase the total costs. The good news is that there are cheaper, more affordable ways to send money internationally, and we’ll break them down for you in this article.

Also read: Cheapest way to send money from Egypt to India

Cheap ways to send money from India to Egypt

• Money transfer services: Online platforms like Grey, Wise, Remitly and WorldRemit usually cost less than traditional banks and are known for transparent pricing. You can see the exchange rate upfront, so you know exactly what the recipient will be getting.
• Cryptocurrency: Sending money with crypto can be fast and cheap if the sender and recipient are familiar with it. However, it comes with risks, like price volatility and the need for a trusted wallet or exchange.
• International bank accounts: Banks are preferred for larger transfers as they offer a more secure way to send money. But they often come with hidden charges and less competitive exchange rates.

Why choose Grey?

• Competitive rates: Get the best value for your money when converting to EGP, as we offer rates close to market value.
• Low fees: Enjoy affordable transfers without excessive or hidden charges.
• Stablecoin payments: You can send and receive USDC payments directly into your Grey US account. No crypto exchange needed.

Also read: USDC vs. other stablecoins: what's best for global transactions?

• Fast and secure transfers: Your transactions are processed quickly to ensure your recipients get credited without delay.
• 24/7 customer support: Our support team is available round the clock to help you with your questions or needs.

How to send money from India to Egypt with Grey

Step 1: Sign up for a Grey account

Visit the Grey website or download the mobile app to register using your details.

Step 2: Complete KYC Verification

To unlock full account features, complete the Know Your Customer (KYC) verification using a government-issued ID like your driver’s license or international passport. Your account will be verified within 24 hours.

Step 3: Initiate a transfer

Enter the recipient’s bank name, branch code and account number, and we’ll process your transfer within 1-2 business days.

Ensure all recipient details are correct to avoid delays and ensure a successful transaction.

Affordable transfers from India with Grey

Sending money from India to Egypt doesn’t have to be stressful or expensive. With Grey, you have a faster, affordable, and transparent way to send money internationally. Sign up today for a smarter and reliable way to send money across borders.