Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
Egyptian pounds, sent from a cedi balance in Ghana
Cairo has taught Ghanaian students for a very long time. Al-Azhar draws young people from Tamale, Wa and the zongo communities of Kumasi and Accra year after year, and the universities around Nasr City and Giza take others onto medicine, engineering and Arabic programmes. Those students need a monthly figure they can rely on, in pounds, on a date they can predict.
The trade side runs in parallel. Ghanaian importers buy Egyptian ceramics, sanitary ware, furniture, processed food and pharmaceuticals, and those suppliers price in EGP.
Grey pays this corridor out locally. Egyptian pounds go into an account at Commercial International Bank, Banque Misr or National Bank of Egypt, or to a Vodafone Cash or Fawry wallet on a registered mobile number.
How the transfer works
Create the account
Sign up on your phone with a Ghana Card. Parents in Tamale and Kumasi do this without going anywhere near a branch.
Fund in cedis
Top up from mobile money or from GCB Bank, Ecobank Ghana, Fidelity Bank, Absa Ghana or Stanbic Ghana.
Send to Cairo
Enter the Egyptian bank account number, or the mobile number for a wallet payout. Read the pound figure, confirm.
What a monthly allowance really costs
Grey puts the conversion and the fee side by side and shows the Egyptian pound total underneath. Over an academic year you can add those totals up and compare them, which is the only honest way to judge a route you use every month.
The pound amount does not move after you confirm
A student paying hostel rent in Cairo has a fixed figure to meet. Arriving short means borrowing from a friend until the next transfer, which is how small shortfalls turn into a monthly habit.
Grey fixes the EGP figure at confirmation. What a parent approves in Tamale is what the student sees in Cairo.
Grey against the usual way from Ghana
Sending to Egypt through a Ghanaian bank means a dollar leg, correspondent charges and a wait, and the student still has to go to a branch and ask about it. Cash agents shift the errand rather than removing it. Grey credits the pounds to the account or wallet the student already uses, and the parent in Ghana can see when it landed.
What arrives in Egypt
Egyptian pounds in a local account or wallet, with nothing to collect and no Grey account needed at that end. Once your cedis are on Grey, the pounds typically reach Egypt within minutes.
Bank payout
Commercial International Bank, Banque Misr and National Bank of Egypt all receive EGP directly.
Wallet payout
Vodafone Cash and Fawry take a payout on the registered mobile number, which suits students without a full bank account.
Grey to Grey
GreyTag is free and instant if both sides hold Grey accounts, which some student households prefer.
Funding from Ghana
Mobile money does most of the work on this corridor, because the amounts are regular and modest and the sender is often not in Accra.
From a wallet
The obvious route for a parent in Tamale or Wa with no branch nearby.
From a bank account
Better for importers settling a ceramics or furniture invoice in one payment.
Hold and convert later
Cedis can sit on the balance until the day the rent is actually due.
Families supporting two students in Cairo at once usually fund once and send twice, which keeps the local leg to a single transaction.
Who sends from Ghana to Egypt
Students in Cairo
Al-Azhar and the Cairo and Giza universities, with hostel rent, tuition and living costs due in pounds through the academic year.
Importers of Egyptian goods
Ceramics, sanitary ware, furniture, processed food and pharmaceuticals bought by Accra and Tema wholesalers.
Medical treatment
Consultations and procedures arranged at Cairo hospitals, with deposits paid ahead of travel from Ghana.
Egyptians working in Ghana
Engineers and managers on Ghanaian contracts sending part of their pay to households in Cairo and Alexandria.
Study dominates, but it is not the whole picture. Four groups cover most of this route.
Why this corridor sits well on Grey
A figure that does not need explaining. The student knows what is coming and when, the parent knows what it cost, and neither has to make up a shortfall out of the next month's money.
Cost visible in Ghana before you commit, Egyptian pounds settled into a local bank account or mobile wallet, typically within minutes of a funded transfer.
FAQs
What currency does my recipient in Egypt get?
Egyptian pounds, paid into a local bank account or mobile wallet. It arrives as a domestic credit, not a foreign currency payment.
Which Egyptian banks does Grey reach?
Commercial International Bank, Banque Misr and National Bank of Egypt, among others. Enter the recipient's account number in the app.
Can I send to Vodafone Cash or Fawry?
Yes. Enter the recipient's registered mobile number and the Egyptian pounds land in their Vodafone Cash or Fawry wallet.
Can I pay a student's hostel rent in Cairo?
Yes. Send the exact pound amount to the student's Egyptian bank account or wallet, with the figure fixed before you confirm.
I live in Tamale with no branch nearby. Can I still send?
Yes. Fund your Grey balance from mobile money and send Egyptian pounds from your phone without visiting a bank.
How do I pay an Egyptian supplier for ceramics or furniture?
Enter their Egyptian bank account details and send the invoiced pound amount. The rate and fee appear before you confirm.
Is the rate fixed before sending?
Yes. The rate is fixed at confirmation, so the Egyptian pound figure shown in Ghana is the amount credited.
How long does a transfer to Egypt take?
Transfers from a funded Grey balance typically arrive within minutes, to either a bank account or a mobile wallet.
Does my student in Cairo need a Grey account?
No. The pounds arrive in their own account or wallet, and they never need to register with Grey.
Can I send the same amount every month?
Yes. Save the recipient and repeat the transfer each month, checking the rate and fee before each confirmation.
What does it cost to open a Grey account?
Nothing. The account is free, opens in about five minutes, and needs a valid identity document.
Get digital banking
at your fingertips
