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Egyptian pounds for work, trade and family
Two groups keep this corridor busy. Turkish contracting, textile and industrial firms hold work in Cairo, Alexandria and the Delta and pay local subcontractors, engineers and agents there. Egyptian engineers, doctors and students living in İstanbul and Antalya send money the other way, home to Cairo, Giza and Mansoura.
Grey converts your balance to EGP in one move and pays into Commercial International Bank, Banque Misr, National Bank of Egypt and other major Egyptian banks, or to a Vodafone Cash or Fawry wallet. Payouts arrive within minutes from a funded balance, and the recipient does not need Grey.
How a transfer to Egypt is made
Sign up
Registration takes about five minutes and needs a valid identity document. Once verified you hold account details in USD, provided by Lead Bank, and in GBP and EUR.
Fund
Türkiye has no lira funding route into Grey. What you send to Egypt is foreign currency that reached those details from a buyer, a client or a salary abroad.
Send
Enter an Egyptian bank account number, or a registered mobile number for Vodafone Cash or Fawry. The pound figure and the fee are on screen before you confirm.
Reading the cost on a Türkiye to Egypt payment
Both figures sit on one confirmation screen here, the fee and the rate, so the EGP total is settled before the transfer starts rather than after it finishes. The Egyptian bank or wallet credits that total without a further deduction.
The rate does not drift after confirmation
What you accept at confirmation is applied to the transfer. If the market shifts while the payment is in flight between İstanbul and Cairo, the Egyptian pounds credited stay exactly as quoted.
On a subcontractor payment agreed in pounds weeks earlier, that fixed figure is what keeps a payment certificate matching the money that actually arrived.
Grey against a bank transfer from Türkiye to Egypt
Sending EGP through a Turkish bank means a wire, correspondent charges and a wait, followed by a conversion carried out at a rate nobody showed you beforehand. Grey delivers to Egyptian bank accounts and to Vodafone Cash or Fawry within minutes from a funded balance, with the conversion done once at a rate you approved.
What your recipient sees in Egypt
The pounds land as an ordinary credit, in a bank account or a wallet, indistinguishable from a domestic Egyptian transfer. No Grey account is required to receive them.
Egyptian bank account
Commercial International Bank, Banque Misr, National Bank of Egypt and other major banks receive by account number.
Vodafone Cash or Fawry
Send to a registered mobile number where the recipient prefers a wallet to a branch. Both are widely used across Egypt.
GreyTag
Where an Egyptian partner or relative also uses Grey, GreyTag settles between you instantly and free of charge.
How funds reach your Grey account
Everything starts with the account details issued at verification. They are what you give to the party paying you, and the balance they build is what funds every Egyptian payment afterwards.
Export proceeds
Buyers abroad pay into the details instead of into a lira account.
Professional income
Consultancy and salary paid in USD, GBP or EUR from outside Türkiye.
A prepared balance
Funds standing ready for the next Cairo payment date.
Rent in Cairo, school fees in Giza and progress payments on a site in Alexandria all land on predictable dates. A balance held in advance turns each of them into a confirmation rather than a wait.
What this corridor carries
Subcontractors and suppliers
Invoices from Egyptian firms on construction, fit out and industrial projects around Cairo and Alexandria.
Staff and engineers
Salaries and allowances for Egyptian employees working on Turkish contracts locally.
Family support
Egyptian professionals in İstanbul and Antalya sending monthly money to Cairo, Giza and Mansoura.
Agents and clearing
Freight agents and customs costs at Alexandria and Damietta, paid in pounds on the day they arise.
Egypt takes a mixture of contract money and household money from Türkiye, and the two travel on the same rails at the same speed.
What the Egypt route gives you
Whether the payment is a monthly transfer to a family in Mansoura or a certified invoice from a subcontractor in Cairo, the useful quality is the same. The Egyptian pounds that land are the ones that were promised.
Open the account, direct your foreign currency income into it, and your next Egyptian payment is quoted, locked and delivered before the day ends.
FAQs
Which Egyptian banks can receive money from Türkiye?
Commercial International Bank, Banque Misr, National Bank of Egypt and other major Egyptian banks all accept payouts by account number.
Can I send to a Vodafone Cash wallet instead of a bank?
Yes. Vodafone Cash and Fawry both receive Egyptian pounds using the recipient's registered mobile number, with no bank account involved.
Can a subcontractor in Alexandria be paid the same day?
Same day, yes. From a funded balance, payouts into Egyptian bank accounts and Vodafone Cash or Fawry wallets typically land within minutes.
Can a Turkish firm pay an Egyptian subcontractor this way?
Yes. Invoices from subcontractors in Cairo or Alexandria are paid in pounds straight into their bank account at a rate fixed beforehand.
Can I fund the transfer with Turkish lira?
No. Grey holds foreign currency paid into the account details issued at verification, the USD details being provided by Lead Bank.
Is the pound amount fixed before I confirm?
Yes. The EGP figure and the fee are shown together, and the rate accepted at that point is the one applied.
Does my family in Cairo need a Grey account?
No. They receive an ordinary Egyptian pound credit to their existing bank account or wallet and need nothing from Grey.
I am an Egyptian resident in Antalya. Can I use this?
Yes. Residents of Türkiye verify with a passport or residence permit and send home from foreign currency held on Grey.
What identification is needed to open an account?
One valid identity document. Verification is usually complete in about five minutes and the account itself costs nothing to hold.
Can I keep the money in dollars until the payment is due?
Yes. The balance stays in the currency it arrived in and converts to Egyptian pounds only when you choose to send.
What if the recipient in Egypt also uses Grey?
Use GreyTag. Transfers between two Grey accounts are instant and free, whichever currencies the two of you are holding.
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