Euro from Ireland, Egyptian pounds in Egypt
Grey converts your euro once into Egyptian pounds and pays them into an account at Commercial International Bank, Banque Misr or National Bank of Egypt, or to a Vodafone Cash or Fawry wallet on your recipient's registered mobile number. Transfers typically arrive within minutes. The EUR to EGP rate and the fee are both on screen before you confirm.
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Ireland to Egypt, and who is actually sending
Two quite different senders share this corridor. The first is the Egyptian community that has settled here over the last twenty years, doctors, nurses, engineers and their families in Dublin, Cork and Galway, sending regular support to parents in Cairo, Alexandria or the Delta towns.
The second arrived through the airport. Irish buyers took to the Red Sea coast, and an apartment in Hurghada, El Gouna or Sharm el-Sheikh comes with service charges, electricity and a management company that wants Egyptian pounds on a schedule.
Both need the same thing: one conversion, at a rate they can see, paid into a named Egyptian bank account or a wallet the recipient already uses. Your recipient does not need a Grey account for any of it.
Sending to Egypt in three steps
Open your account
Setting it up costs you nothing, beyond roughly five minutes and a valid identity document you already hold. Passport or Irish driving licence both work.
Put euro on it
SEPA transfer from your Irish bank into your Grey euro balance, ready for the conversion into pounds.
Send to bank or wallet
Enter the Egyptian account number, or the mobile number registered to their Vodafone Cash or Fawry wallet. Check the EUR to EGP rate, then send.
What it costs to send euro to Egypt
On a corridor with a real exchange rate, the rate does more damage than the fee. A service that advertises no fee and takes its margin in the rate can leave fewer pounds in Cairo than one that charges openly. Judge on the EGP figure at the bottom of the screen, not the headline.
The same discipline helps with recurring support. If you send the same euro amount every month, the pounds that arrive will move with the market, so agree the amount that matters, the euro you send or the pounds they need, and set it from there.
How the EUR to EGP rate is applied
Your euro converts once, into Egyptian pounds, at the rate shown before you confirm. There is no second conversion when the money reaches the Egyptian bank or the wallet.
That rate is fixed at confirmation. Whatever the market does while the payment is in flight, the pound figure your recipient sees is the one you agreed in Dublin, which is what makes a fixed service charge in Hurghada payable to the exact amount.
Grey against an Irish bank transfer to Egypt
An Irish bank sending to Egypt leaves SEPA behind, which means correspondent banking, a charge at your end and often a deduction at the other, and you rarely learn the applied rate until the money has gone. Grey names the rate and the fee before you confirm, pays into the Egyptian bank or the wallet directly, and keeps the transfer trackable until it settles.
What arrives for your recipient in Egypt
Egyptian pounds credited to their bank account or their mobile wallet, in the same format as any domestic payment. They need no Grey account and nothing to install.
Egyptian banks
Commercial International Bank, Banque Misr, National Bank of Egypt and other Egyptian banks by account number.
Mobile wallets
Vodafone Cash and Fawry, credited using the mobile number the wallet is registered to.
Speed
From a funded balance, transfers to Egypt typically arrive within minutes.
Getting euro into Grey in Ireland
Funding stays on the Irish side of the corridor and is the easy half. Revolut may already handle your card spending abroad; this is the account for a payment that has to land as pounds in Egypt.
From your Irish bank
A euro transfer from AIB, Bank of Ireland, An Post Money or your local credit union.
Income in dollars
A USD account provided by Lead Bank takes the payment, then one conversion into euro.
Euro already held
A standing balance means the transfer to Egypt goes the moment it is needed.
Save your recipient's account or wallet number once, and each following transfer to Cairo or Hurghada is an amount, a rate and a confirmation.
What Irish senders pay for in Egypt
Monthly family support
Regular pounds to parents and siblings in Cairo, Alexandria, Mansoura or Assiut.
Red Sea property
Service charges, electricity and maintenance on an apartment in Hurghada, El Gouna or Sharm el-Sheikh.
Medical and school costs
Hospital bills, prescriptions and school fees paid directly into an Egyptian account.
Wallet top-ups
Smaller amounts to a Vodafone Cash or Fawry wallet for someone without easy branch access.
Family first, property second, and a steady trickle of everything that comes with keeping a foot in two countries.
Why Irish senders choose Grey for Egypt
Whether the money is for a mother in Alexandria or a management company on the Red Sea, the requirement is the same: a fair rate you can see, a fee that does not move, and a payment that reaches an Egyptian account or wallet without a chase.
Open a Grey account, fund it in euro, and send Egyptian pounds to the bank account or wallet your recipient already uses.
FAQs
Which Egyptian banks can Grey pay from Ireland?
Commercial International Bank, Banque Misr, National Bank of Egypt and other Egyptian banks. Enter the recipient's account number in the Grey app.
Can I send to a Vodafone Cash or Fawry wallet?
Yes. Both are supported, credited using the mobile number the wallet is registered to, and no Grey account is needed at that end.
How many times is my money converted on the way to Egypt?
Once. Euro converts into Egyptian pounds at the rate shown before confirmation, and nothing further is applied when the bank or wallet credits it.
Is the EUR to EGP rate fixed when I confirm?
Yes. The rate you accept is the rate applied, so the pound figure your recipient receives does not move while the transfer travels.
How long does a transfer from Ireland to Egypt take?
From a funded Grey euro balance, transfers to Egyptian banks and wallets typically arrive within minutes and stay trackable until settlement.
Can I pay service charges on a Hurghada apartment?
Yes. Send Egyptian pounds directly to the management company's Egyptian account, with the rate and fee visible before you confirm the amount.
Does my family in Cairo need to open a Grey account?
No. The pounds arrive in their existing bank account or mobile wallet as a normal credit, with nothing to download or register.
Why do the pounds differ slightly each month?
Because the EUR to EGP rate moves. Fix the euro amount or the pound amount you want, and set each transfer from whichever matters more.
Is Grey better than my Irish bank for sending to Egypt?
An Irish bank sends outside SEPA to Egypt and may deduct along the way. Grey shows the rate and fee before you commit.
What details do I need for an Egyptian bank transfer?
Your recipient's name and their Egyptian bank account number. For a wallet payment, the registered mobile number replaces the account details.
Can I send from dollars rather than euro to Egypt?
Yes. Dollars held on Grey, in an account provided by Lead Bank, convert before the payout so Egypt still receives pounds.
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