Question 1

What's the best way to send money from Portugal to Egypt?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Portugal to Egypt. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to EGP.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send EUR to EGP in Egypt. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Egypt from Portugal. We provide you with maximum choices to send money to Egypt by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best exchange rate for your money transfers from Portugal to Egypt?

Accepted Answer

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Portugal to Egypt transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your EUR to Egyptian Pound international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Euro to Egyptian Pound exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.

Question 3

What's the cheapest way to send money from Portugal to Egypt?

Accepted Answer

When you want to send money to Egypt from Portugal, you obviously want the cheapest possible option to maximize the money your recipient gets in Egyptian Pound. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your EUR to EGP money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Portugal to Egypt. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Portugal to Egypt exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Egyptian Pound overseas.

Question 4

Should I use my bank to send money from Portugal to Egypt?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low EUR to EGP exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Portugal to Egypt money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Egypt from Portugal. They do this by letting you fund your transaction through your local bank account in Portugal, and by allowing you to choose the payout to be your recipient's bank account in Egypt. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money to Egypt from Portugal fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Portugal to Egypt. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert EUR to EGP fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Euro amount reaching Egypt. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Egyptian Pound quickly to Egypt, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

Which are the best money transfer companies to transfer money from Portugal to Egypt?

Accepted Answer

Comparing money transfer companies for sending money to Egypt from Portugal can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Egypt. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Euro to Egyptian Pound transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Egyptian Pound yield on every Euro that you send.

Question 7

Step by step guide to transfer money to Egypt from Portugal

Accepted Answer

Follow the below easy steps to send money to Egypt from Portugal.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Portugal bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Egypt).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your EUR to EGP remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 EUR	60.19 EGP
5 EUR	300.97 EGP
10 EUR	601.93 EGP
25 EUR	1,504.83 EGP
50 EUR	3,009.65 EGP
100 EUR	6,019.30 EGP
150 EUR	9,028.95 EGP
200 EUR	12,038.60 EGP
250 EUR	15,048.25 EGP
300 EUR	18,057.90 EGP
400 EUR	24,077.20 EGP
500 EUR	30,096.50 EGP
600 EUR	36,115.80 EGP
700 EUR	42,135.10 EGP
800 EUR	48,154.40 EGP
1000 EUR	60,193.00 EGP
1500 EUR	90,289.50 EGP
2000 EUR	120,386.00 EGP
2500 EUR	150,482.50 EGP
3000 EUR	180,579.00 EGP
4000 EUR	240,772.00 EGP
5000 EUR	300,965.00 EGP
10000 EUR	601,930.00 EGP
15000 EUR	902,895.00 EGP
20000 EUR	1,203,860.00 EGP
30000 EUR	1,805,790.00 EGP
40000 EUR	2,407,720.00 EGP
50000 EUR	3,009,650.00 EGP
100000 EUR	6,019,300.00 EGP

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