The global freelance economy is growing rapidly all around the world and it's not different in Egypt. Many of these freelancers get jobs through platforms like Upwork and Fiverr and are paid in USD. However, there’s a major challenge — withdrawal options.
Traditional banks and money transfer services often come with high fees, poor exchange rates, and long processing times, making it frustrating to access earnings. So, how can freelancers in Egypt withdraw their USD payments quickly and affordably? Grey.
Grey is a seamless global banking solution. It provides freelancers with multi-currency accounts to receive, hold, and withdraw USD easily.
With Grey, freelancers in Egypt can receive, hold, and withdraw USD without unnecessary delays or high fees. Here’s how to get started:
1. Sign up for Grey
Creating an account with Grey is quick and easy. You’ll require only a few personal details. Here’s how to get started:
Visit Grey: On your browser, enter grey.co and click “Get started – it’s free.” You can also download the app.
Choose your country: Select your current country of residence. This helps Grey tailor the setup to your location. In this case, it’s Egypt.
Enter your details: You’ll be prompted to provide your full name, email address, and phone number, then create a secure password.
Verify your email: Grey will send a one-time password (OTP) to your email address. Enter the code to complete this step.
Once you’re set up, you’re ready for identity verification.
2. Verify your identity for secure access
Here’s what you’ll need to provide:
Government-issued ID: A valid passport or national ID card is required. Make sure it’s clear and up-to-date.
Proof of address: A recent utility bill or bank statement will verify your location. Grey uses this document to confirm your residency.
Submit your documents for review: Once uploaded, Grey will review your documents, a process that typically takes a few business days. Providing clear and accurate information speeds up approval.
3. Access your global bank account
Once your identity is verified, you can access your bank account.
Log in to your Grey account.
Navigate to the “Accounts” section and select “Create Account.”
Choose the currency (USD).
Your global bank account details, including your account number and routing number, will be generated instantly.