Currency Exchange in Egypt
Foreigners exchanging currencies in Egypt should go to Thomas Cook or Amex offices as these are two of the legal establishments that conduct money exchange. Foreign exchange offices, commercial banks and some big hotels are also allowed to do currency exchanges. For those who want to get the best exchange rate, it is advisable to go to foreign exchange offices as they offer better rates and don’t have commission fees, compared to banks. Expats will need to be on high alert when changing money, as tourists and other foreign visitors have reported cases of robbery and kidnapping when in the country due to the political issues that affect it today.
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Currency Index is an internationally acclaimed leader in foreign exchange brokerage that gives you the fastest and most secure transfers here in Egypt. Our genuine value for your business radiates through our commitment of unparalleled service in giving you much-preferred rates of exchange in various currencies. Our roster of dedicated professionals can also help guide you through your other currency concerns.
Margin
0.60%
Margin description
0.25% - 0.60% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£7 or £12 - No fee for transfers above £30,000
Min
No minimum
Currencies
Wide range of major and exotic currencies
Options
Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order
Moneycorp embodies the perfect combination of genuine care and excellent service. Our service here in Egypt has been duly recognized as one of the best. We genuinely care by protecting you from undesirable currency fluctuations and our excellence in service is reflected through our assistance of locking you into ideal exchange rates, even if you are momentarily lacking the full funds.
Margin
0.6%
Margin description
0.25% - 1% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£0
Min
£1,000 or £250 Regular Payments
Currencies
76 Currencies
Options
Bank to bank - one off or regular payments