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HOMEMONEY TRANSFERCanada
Send money to Egypt from Canada

Send money to Egypt from Canada

Grey converts your balance into Egyptian pounds and pays them into a bank account or a mobile wallet in Egypt. Commercial International Bank, Banque Misr and National Bank of Egypt take a payout on an account number, and Vodafone Cash and Fawry take one on a registered mobile number. The pound figure, the rate and the fee are all on screen before you confirm, and transfers typically arrive within minutes.
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The largest of Canada's African corridors

Egyptian Canada is concentrated and easy to point at: the Coptic parishes and Muslim congregations of Mississauga and Scarborough, the professional families around Ottawa, smaller clusters in Calgary and Montreal. Most of this community arrived with degrees, works in engineering, medicine, pharmacy or IT, and sends home not because someone is desperate but because parents are ageing and property in Egypt is still a family project.

Two payout routes matter here and they serve different people. A parent or sibling with a bank account is paid at Commercial International Bank, Banque Misr or National Bank of Egypt on an account number. A relative without one, and that is still a large share of households, is paid on Vodafone Cash or Fawry using the mobile number they already use for everything else.

Grey converts once into Egyptian pounds, shows you the pound total before you commit, and lets you follow the transfer from confirmation until it settles. Nothing is required of the person receiving it.

How a transfer from Canada to Egypt is made

Grey foreign bank account in Ghana
Register
The account is free, opens in about five minutes on a phone and needs one valid identity document. Recipients you add in Cairo or Alexandria are saved for future transfers.
Fund the balance
Grey holds no Canadian dollar balance, so the Egyptian pounds credited to a Vodafone Cash number in Cairo come out of a balance you funded earlier in the month. Your sending balance is US dollars provided by Lead Bank, pounds or euro, fed by a client, an employer abroad or a transfer you make in.
Pay the account or the wallet
Enter the Egyptian account number or the Vodafone Cash or Fawry mobile number, check the Egyptian pound total against the rate and the fee, and confirm. Money typically arrives within minutes.

What sending money to Egypt costs

On this corridor the rate does most of the damage when it is wrong. Egyptian pound movements over recent years have made the difference between a good rate and an ordinary one much more visible on the receiving end than it is on a euro route.

The comparison that actually helps is the pound amount credited to the account or the wallet. A transfer advertised without a fee can leave less in Cairo than one with a stated fee and a better rate, and only the pound total exposes that.

How the rate into Egyptian pounds works

Grey shows the rate to Egyptian pounds and the fee together before you confirm, and fixes the rate at the moment you do. What the pound does over the following hours has no effect on a transfer you have already agreed.

That is worth more here than on most corridors. If you send a set amount to your parents every month, the value of the fixed rate is that they are told a pound figure and it is the pound figure that arrives.

Why a bank wire to Egypt costs more than it looks

Sending to Egypt through RBC, TD Canada Trust, Scotiabank, BMO or CIBC means a SWIFT wire: wire pricing, several business days, a rate set by the bank rather than compared by you, and often a receiving charge in Egypt as well. A bank wire also cannot reach Vodafone Cash or Fawry, which is how a great many Egyptian households actually hold money. Grey pays the wallet or the account directly, with the pound figure stated before you agree.

What lands on the Egyptian side

Egyptian pounds appear as a normal credit in the bank account or the mobile wallet your recipient already uses. No Grey account, no app to install, no queue at a counter, no code to repeat over the phone.

Bank account

Commercial International Bank, Banque Misr and National Bank of Egypt are each paid on an account number, which suits fees, instalments and anything needing a record.

Mobile wallet

Vodafone Cash and Fawry are paid on the recipient's registered mobile number, which is the practical answer for a relative with no bank account.

GreyTag

A relative who keeps their own Grey account can be paid by GreyTag instead, instantly and with no fee at all.

Getting money into your Grey account

Interac e-Transfer is what Canadians reach for and it stops at the border, so funding this is a matter of choosing the currency you hold.

US dollars

Provided by Lead Bank, and the balance most Canadians on this corridor use, since dollars are what client and contract payments usually arrive as.

Euro

Worth holding if part of your income is European. It converts into Egyptian pounds on the same single step a dollar balance does.

Pounds sterling

Useful where money reaches you from the United Kingdom, and it buys Egyptian pounds in one conversion when you send.
Whichever you hold, there is one conversion into Egyptian pounds and it is priced on the confirmation screen before it happens.
Grey foreign bank account in Brazil.

What Canadians send to Egypt for

Parents and monthly support

A pharmacist in Mississauga or an engineer in Ottawa covering a parent's costs in Cairo, often on a wallet number because the parent has no bank.

Property payments

Instalments on a flat in New Cairo or Alexandria, maintenance charges and legal fees, paid to a CIB or Banque Misr account with a reference.

Medical costs

Hospital and specialist bills for a parent in Cairo or Giza, where the money needs to be in the right hands the same day rather than next week.

Weddings and family events

Contributions towards a sibling's wedding or a family obligation in Alexandria, split between several relatives in Canada and sent separately.

Four reasons cover most of the money moving from Canada to Egypt, and they rarely arrive alone.
Send money to Egypt

Five reasons this corridor works from Canada

The wallet is not an afterthought
Vodafone Cash and Fawry are paid directly, so a recipient without a bank account is reached as easily as one with three.
One conversion into pounds
Your balance becomes Egyptian pounds once, at the rate you agreed, with no second conversion waiting on the Egyptian side.
The rate is visible first
Given how much the Egyptian pound has moved in recent years, seeing the rate and the fee before confirming matters more here than on most routes.
Tracked to settlement
Every transfer is encrypted and can be followed from the confirmation screen until the pounds are credited in Egypt.
What Grey is
Grey Inc is a financial technology company, not a bank. Banking services are provided by licensed banking partners.

Save the account number or the wallet number you use most, decide which balance you are sending from, and check the Egyptian pound total before you confirm. After the first transfer it is a short routine.

If a payout to Banque Misr or to a Fawry number does not behave as expected, the tracked transfer record and in app support are both there to work from.
Open a free Grey account

Egypt is one of more than 80 destinations

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FAQs

Can Grey pay a Vodafone Cash number in Egypt?
expand
Yes. Vodafone Cash and Fawry are both paid on the recipient's registered mobile number, so a relative without a bank account can still receive.
Which Egyptian banks does Grey pay?
expand
Commercial International Bank, Banque Misr and National Bank of Egypt are supported, with the payout made on the recipient's account number.
What currency arrives in Egypt?
expand
Egyptian pounds. Your Grey balance is converted once, and the pound total is shown on the confirmation screen before the transfer leaves.
How fast does money reach Cairo?
expand
Transfers to Egyptian bank accounts and mobile wallets typically arrive within minutes of confirmation when your Grey balance is already funded.
Does my family in Alexandria need a Grey account?
expand
No. Egyptian pounds land in their existing bank account or mobile wallet as an ordinary credit, with nothing for them to install.
Is the rate to Egyptian pounds fixed before I send?
expand
Yes. The rate shown at confirmation is the one applied, which matters on a currency that has moved as much as the Egyptian pound.
Can I pay property instalments in New Cairo through Grey?
expand
Yes. Instalments and maintenance charges are paid in Egyptian pounds to a CIB or Banque Misr account, with a reference the payee can match.
Can I fund an Egyptian transfer with Interac e-Transfer?
expand
No. Interac e-Transfer stays inside Canada. Your Grey balance is US dollars provided by Lead Bank, pounds or euro instead.
What details do I need to send to Egypt?
expand
Either an Egyptian bank account number, or the registered mobile number attached to the recipient's Vodafone Cash or Fawry wallet.
How does Grey compare with a Canadian bank wire to Egypt?
expand
A bank wire takes business days, is priced as a wire and cannot reach Vodafone Cash or Fawry at all. Grey pays both directly.
Can several relatives in Canada send to the same Egyptian account?
expand
Yes. Each sender confirms their own transfer and rate, and each payout reaches the same Egyptian account or wallet separately.

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Grey is a financial technology company, not a bank. Banking services are provided by licensed banking partners. Canadian services are offered by Grey Finance Inc with registered address at 1285 West Broadway Suite 600 Vancouver BC V6H 3X8. Canada. Grey Finance Inc. is regulated by FINTRAC. US services are offered by Grey Inc. with its registered address at 651 N Broad St, Suite 206 Middletown DE 19709 US. Grey Inc is regulated by FinCEN. Copyright © Grey Inc. [YEAR].