Egypt is a fast-growing marketplace for global talent, driven by strong educational institutions, a large youth population and favourable startup policies. Clients worldwide are hiring Egyptian talents for remote and freelance roles across various industries.

This growth has also led to the demand for a secure, reliable, and fast payment system that allows Egyptians to receive payments from their clients in the UK.

In this article, we will discuss common payment challenges Egyptian freelancers face when handling international payments and why Grey is the best platform for handling international payments.

Common payment challenges for freelancers in Egypt

Freelancers in Egypt frequently face obstacles when receiving payments from the UK, such as:

• Expensive transaction fees: Traditional bank transfers and international payment platforms charge substantial fees.
• Lengthy processing times: Payments can take several days to appear in local accounts.
• Unfavourable exchange rates: Many providers offer poor conversion rates, cutting your earnings.
• Limited withdrawal options: Some services restrict fund withdrawals, making access inconvenient.

To resolve these issues, freelancers in Egypt need a quick, cost-effective, and flexible payment system.

Also read: How freelancers in Egypt can invoice clients from overseas countries

Why Grey is the ideal payment solution for freelancers in Egypt

Grey simplifies international payments for freelancers by providing:

• Virtual international bank accounts: Accept payments in USD, GBP, and EUR without needing a foreign bank account.
• Faster processing times: Payments are credited quickly, reducing delays.
• Competitive exchange rates: Convert funds to the best available market rates.
• Multiple withdrawal methods: Easily transfer funds to your Egyptian Pound (EGP).

Also read: Secure ways to receive international payments in Egypt

How to receive client payments using Grey

Grey equips freelancers in Egypt with virtual USD, GBP, and EUR accounts, making it easy to receive payments from international clients. Here’s how you can get started:

1. Register and obtain your Grey international account

Sign up for a free account via the website or the Grey app. Complete verification to access your virtual GBP account.

2. Provide your account details to clients

Once you receive your Grey virtual GBP bank details, share your account details with your clients for seamless transactions.

3. Receive payments securely and swiftly

International payments are credited quickly to your Grey account, avoiding unnecessary delays.

Also read: Best places to visit in Egypt for summer holidays

Start receiving payments from UK clients with Grey today

If you’re a freelancer in Egypt seeking a reliable, fast, and cost-effective way to receive payments from the  UK, Grey is the ideal solution. You can avoid banking delays and high transaction fees with a GBP virtual account.

Sign up for Grey today and simplify your international payments.

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