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HOMEMONEY TRANSFERNigeria
Send money from Nigeria to Egypt

Send money from Nigeria to Egypt

Cairo has taught Nigerian students for generations, and the money follows them: tuition at Al-Azhar and Cairo University, rent in Nasr City, upkeep through a long academic year. Grey converts naira to Egyptian pounds and pays EGP into an Egyptian bank account or a mobile wallet.
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EGP
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Naira to Egyptian pounds for fees, rent and stock

Two groups keep this route busy. Nigerian students in Cairo, Alexandria and Giza, whose parents in Lagos, Kano and Ibadan send fees at the start of term and living money through it, and traders buying Egyptian ceramics, furniture, textiles and pharmaceutical goods for sale in Nigeria.

Grey converts naira to EGP in one step. The pounds go to Commercial International Bank, Banque Misr or the National Bank of Egypt against an account number, or to a Vodafone Cash or Fawry wallet against a registered mobile number. From a funded balance it typically takes minutes, and there is nothing for the Egyptian side to sign up to.

Three steps to an Egyptian payout

Grey foreign bank account in Ghana
Sign up
Register in the app with your NIN slip, BVN or international passport and a selfie. Nigerian verification usually completes within minutes.
Fund
Send naira into Grey from First Bank, GTBank, Access Bank or Kuda. Foreign currency you already hold on Grey can pay the Egyptian side without converting to naira first.
Send
Enter the Egyptian bank account number, or the mobile number registered to a Vodafone Cash or Fawry wallet. Confirm the pound figure and the fee.

What a naira to pound transfer costs

Grey shows the NGN to EGP rate beside the fee before you authorise anything, so the pound amount is settled before the money moves.

Across a full degree, this is the difference between a predictable budget and one that needs topping up every few months. The rate is where the money is, and it should be visible.

A pound figure that does not move

Grey fixes the NGN to EGP rate at confirmation. Whatever happens to the market afterwards, the pounds quoted are the pounds credited in Cairo.

That lets a parent in Nigeria tell a student an exact figure and lets the student plan rent and fees around it.

Why a local pound payout is different

Sending dollars to Egypt leaves the conversion to the receiving bank and the paperwork to your recipient, who may need to attend a branch to release the funds. Grey converts in Nigeria and delivers pounds into the Egyptian account or wallet directly, so a student can use the money the day it arrives.

What your recipient in Egypt sees

An Egyptian pound credit in the bank account or wallet they already hold. No Grey account, no foreign currency to change, no branch visit.

Egyptian bank account

EGP into Commercial International Bank, Banque Misr or the National Bank of Egypt by account number.

Mobile wallet

Vodafone Cash and Fawry receive pounds against the recipient's registered mobile number.

Between Grey accounts

A GreyTag transfer costs nothing and arrives instantly if they also use Grey.

Before the first payment

For fees, use the account details on the university invoice rather than one a friend passed on. For family payments, the account or wallet holder name must match the person receiving.

Naira into Grey

A bank transfer from Nigeria, usually available to convert within minutes.

Held currency

Dollars, pounds sterling or euros on Grey can fund the Egyptian payout as they stand.

Saved details

Keep the university and the student saved separately for the rest of the course.
After the first term, sending money to Cairo from Abuja or Lagos is a matter of choosing the recipient and the amount.
Grey foreign bank account in Brazil.

What the Egypt corridor carries

Tuition and fees

Payments to Al-Azhar University, Cairo University and private colleges across Giza and Alexandria.

Student upkeep

Rent, books and living costs for Nigerian students through the academic year.

North African trade

Payments for ceramics, furniture, textiles and pharmaceutical goods bought from Egyptian suppliers.

Medical and family

Treatment costs in Cairo hospitals and support for relatives settled in Egypt.

Study money dominates, but it is not the whole picture. Trade with Cairo and Alexandria, medical treatment, and family support all move along the same route.
Send money to Egypt

Why this route suits Grey

Converted once
Naira to Egyptian pounds without a dollar stage in the middle.
Pounds where they are needed
Paid into an Egyptian bank account or wallet, typically within minutes of a funded transfer.
No burden on the student
No branch visit, no paperwork and no account to open in order to receive.
Licensed in Nigeria
Grey operates through CBN-licensed banking partners in Nigeria. Grey is a financial technology company, not a bank. Every pound payout is encrypted and tracked to settlement.
Backed by scale
Three million people use Grey across more than 80 countries, Egypt included.

A degree in Egypt is a sequence of deadlines: registration, tuition, rent, renewal. Each one needs a pound figure that behaves exactly as it did the term before.

One conversion from naira, the rate held at confirmation, Egyptian pounds delivered to a bank account or a mobile wallet.
Open a free Grey account

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FAQs

Which currency arrives in Egypt?
expand
Egyptian pounds. Grey converts your Nigerian balance to EGP and pays it into an Egyptian bank account or mobile wallet as a local credit.
Can I pay tuition at an Egyptian university?
expand
Yes. Use the account details on the university invoice, confirm the pound total, and the fees arrive as a domestic Egyptian credit.
Which Egyptian banks receive payouts?
expand
Commercial International Bank, Banque Misr and the National Bank of Egypt among others. Enter the account number in the Grey app.
Can I top up my student’s Vodafone Cash wallet in Cairo?
expand
Yes. Enter the number registered to your student’s Vodafone Cash or Fawry wallet and the pounds reach that balance in Cairo.
Does my child in Cairo need a Grey account?
expand
No. They receive Egyptian pounds in the bank account or wallet they already use. Only the sender in Nigeria needs Grey.
How do I fund the transfer from Nigeria?
expand
By naira bank transfer from UBA, Zenith Bank, GTBank, Access Bank, First Bank or Kuda, usually credited to Grey within minutes.
Is the pound amount guaranteed?
expand
The NGN to EGP rate is fixed at confirmation, so the pound figure shown on the quote is the figure credited in Egypt.
How long does the money take?
expand
Transfers from a funded Grey balance typically arrive within minutes, whether they go to a bank account or a mobile wallet.
Can a trader pay an Egyptian supplier this way?
expand
Yes. Enter the supplier bank details and settle the invoice in pounds, with the rate and fee shown before you confirm.
Can I send from dollars I already hold?
expand
Yes. Dollars, pounds sterling or euros on your Grey balance convert directly into Egyptian pounds without a naira step.
What does registration require in Nigeria?
expand
A valid identity document, typically a NIN slip, BVN or international passport, and a selfie. It is free and takes about five minutes.

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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].