Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 48.7% of Egypt to the United States searches in the last 6 months, and was the top rated company out of 6 that support EGP to USD.
So for a great blend of cost, speed & features, make your Egypt to the United States transfer using Wise.
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How to to send from Egypt to United States in the best way
Always compare rates
Money transfers to United States should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Egypt to the United States.
Choose a provider
Select the provider that offers you the best value on your Egyptian Pound & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to the United States.
Summary of recent searches
Top rated for transfers from Egypt to United States
Total number of EG - US providers
6
Average cheapest fees & rate
Average fastest transfer
Best for bank transfers
Best for debit card
Best for credit card
Get the most from sending money from Egypt to United States
1
Compare providers
Comparing providers offering services between Egypt and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire EGP-USD market and have compared 6 providers offering services between Egypt and the United States.
This ensures you will get the most comprehensive options for sending Egyptian Pound to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Egypt to the United States transfer needs.
2
Beat the Egyptian Pound-US Dollar exchange rate
The exchange rate determines the price you will pay when buying US Dollar in Egypt. A better exchange rate means more Egyptian Pounds being sent to the United States.
The current rate between the Egyptian Pound and US Dollar is 0.0207.
The EGP-USD exchange rate is always changing. Understanding the average, and then waiting a day or two can help you get more USD for the same amount of Egyptian Pounds - but you might end up worse off.
A safer option if you want to get a particular rate is to use a forward contract. This allows you to lock in an agreed exchange rate between Egypt and the United States.
3
Choose the right payment method
Sending via a Bank transfer is the payment method that will get you the best price on a transfer from Egypt to the United States.
Instarem is the company offering the best price currently on this.
Using Instarem for a Bank transfer to the United States from Egypt is 0.3% cheaper than the next-best option in the market.
4
Financial regulations across Egypt and United States
Egypt and United States have different financial regulations to be aware of. Ensuring you fully understand these regulations will aid in keeping your money safe.
Our directory of worldwide financial regulators contains details on regulation for money transfers between Egypt and United States.
5
Consider minimum and maximum limits
Companies offering money transfers between Egypt and the United States will have minimum or maximum thresholds on how much you can send or receive across set timeframes.
Exchange rates and fees for different transfer amounts could change and sending regularly could mean losing out.
That’s why it’s best to compare EGP-USD rates for your specific transfer amount.
For regular transfers to the United States to Egypt, shopping around each time can make a huge difference.
For sending large amounts of EGP to United States without hitting a threshold, we’d recommended Wise. They offer a combination of rates and fees when sending from Egypt to the United States that is the most competitive, even at larger amounts.
Be sure to check with the recipient and understand any declarations needed on large amounts of money entering the United States from Egypt.
6
Receiving money in United States
Options for receiving US Dollar in the United States include direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.
Not all of the 6 providers offering transfers from Egypt to the United States will support every method for incoming US Dollar, so it’s best to check ahead of time.
The most common option is to send directly from Egypt to a bank account in the United States. For most part, this is convenient but does have receiving fees to potentially be aware of.
Wise is the best company for bank transfers between Egypt and United States.
Cash pickup is popular in some parts of United States, but not always supported and can be costly compared to cheaper options.
Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Wise.
7
Be ready with your ID
When sending US Dollars to the United States, through a money transfer company, you will need to verify your ID when signing up.
The documents you need can vary and in some cases you might need a couple of options.
Generally, government issued ID such as a passport or driver's license are accepted in Egypt. If the recipient needs an ID to collect money in the United States, the same applies there. You may also be able use other ID formats, where these aren’t available.
Large transactions between Egypt and United States can be subject to additional checks such as proof of funds for anti-money laundering purposes. This may also require additional ID checks.
One of the reasons Wise as scored so highly for transfers to the United States is their easy sign up process in Egypt.
8
Tax declarations
As well as proof of funds, when sending large amounts of money between Egypt and the United States there will be tax declarations to consider. This is also potentially due to regular transactions.
Some transfers into US Dollar may need to be reported to tax authorities in the United States and Egypt, particularly where inheritance or property purchases are involved.
Tax limits and personal allowances do change in the United States based on age, income and a few other elements. Everyone’s tax obligations are unique - when in doubt, please contact a tax professional in Egypt or the United States.
Comparing providers offering services between Egypt and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire EGP-USD market and have compared 6 providers offering services between Egypt and the United States.
This ensures you will get the most comprehensive options for sending Egyptian Pound to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Egypt to the United States transfer needs.
Cheapest way to send money from Egypt to the United States: Wise
We compared 6 money transfer companies and Wise offers the cheapest transfer service between Egypt and the United States.
On average, Wise fees were 14.38* EGP per transfer and customers would expect an exchange rate between EGP-USD that is 0% different to the mid-market rate
Against the others tested, Wise is 0.3% cheaper than the second-best option.
To secure a cheap way to transfer EGP to the United States, Wise is our recommendation.
*The most common fee applied to EGP-USD by Wise, based on data from the past six months.
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Fastest money transfers to the United States from Egypt: Wise.
Of 6 money transfer companies offering services from Egypt to the United States, Wise is the quickest way to send money.
Through our comparison, we found Wise to be the fastest option for sending Egyptian Pound to US Dollar 46.2% of the time. For fast transfers between EGP and USD, Wise is a great option.
When sending money from Egypt to the United States, Wise has an average fee of 7.35 EGP. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 6 money transfer providers offering Egypt to the United States transfers for overall speed. This included transfer times to after depositing Egyptian Pound to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Egypt to the United States transfers.
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Sending large sums of money?
For transferring a bigger sum of money to the United States from Egypt, we’d recommend using a provider that can offer a hands-on approach.
Of the 6 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to United States from Egypt can be expensive.
Wise is our choice for big transfers to EGP because of all round price, speed and management when making large transfers.
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Understanding the cost of money transfers from Egypt to United States
The total cost of sending money to United States from Egypt is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for EGP-USD is 0.0207 USD per Egyptian Pound.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Egyptian Pounds.
Over the last three months, the average EGP-USD mid-market rate has seen each Egyptian Pound worth 0.0213 USD. Within this we see a high of 0.0324, and a low of 0.0202.
Of the 6 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EGP to USD.
Fees: When sending money you may have to pay fees. Instarem has had an average fee of 14.38 EGP per transfer over the last 6 months, the lowest of the 6 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Egypt.
Getting best exchange rate for sending Egyptian Pound to US Dollar
Timing is essential when tracking the mid-market rate between EGP and USD. The end exchange rate you secure impacts how much USD you get for your EGP.
Mid-market Rate
1
=
0.020654
USD
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from EGP to USD was 0.0213.
During this period, it hit a high of 0.0324, and a low of 0.0202.
Wise, which is our recommended service to send money online from Egypt to the United States offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your Egypt to United States transfer
Bank transfers
Bank transfers are often the better option for money transfers from Egypt to the United States.
Sending money via a bank transfer with a company such as Wise for transfers from Egypt to the United States allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 6 we tested when sending EGP to the United States.
With an average fee of EGP7.95 to send money from Egypt to the United States, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Egypt to the United States with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Egypt to the United States, competing among a total of 6 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Egypt to the United States, Instarem emerges as our top choice of the 6 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Egypt.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Egypt to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EGP to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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