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Is it possible to exchange Egyptian pounds for dollars (euros)?
Is it possible to exchange Egyptian pounds for dollars (euros)?
Translated automatically from Russian. View original
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7 subscribers  • asked 2016-02-299 years ago
Answers  •  18
аватар brigantina35
you can get by with dollars, but if you decide to exchange them for Egyptian pounds, do not immediately change a large amount! change 15$ and further on needs. because how to export e.f. you can’t leave the country, and it’s quite problematic to exchange them back for dollars!
It is better to change a small amount in small bills for tea (baksheesh is the norm there)
аватар L_ena
Why would you want to exchange pounds for dollars and euros if, judging by the information in your profile, you are in Egypt? You have nowhere and no one to consult on currency exchange on the spot, so you went to the Ukrainian-Russian forum about this?
аватар Manifesttema
At the moment I am in Egypt, but I will be leaving soon. The prices of the black markets are known to me, but the exchange rate is not quite adequate. I wanted to clarify whether citizens of other countries can change the e.f. for dollars (euro) in Egyptian official banks. There are no banks nearby, I don’t give this information
аватар orbittours.ru
At the moment, while being and living here, you can change pounds for dollars in 2 options: on the black market (the rate bites) or if you have air tickets, go with them to the bank and there you are required to change at the bank's rate.
аватар Manifesttema
orbittours.ru And if you have an electronic ticket, is this procedure possible???
аватар Veter.Peremen-Nadezhda.Kurganskaya
In fact, the tickets will not help.
I tried it myself. You are required to change only in the bank where you have an account. And then only if this account is opened at least six months before you applied for an exchange. If there is no bank account, then you will simply be kicked off.
But it is not so simple with the account either.
A maximum of $2,000 can be exchanged.
I have accounts in three Egyptian banks. I fly very often, so I tried to change. I am obliged to change in my bank. But in fact they said that your account "is not strong enough" (I don't keep a lot of money there, because I don't believe in the stability of the local economy).
In general, in Egypt, as always, a complete mess - there is an order from their Central Bank for the exchange if there is a ticket, but for local sheep this order is like peas against a wall.
So for the exchange it remains only to use roundabout ways - to transfer pounds using a pound card (by forced debit, that is, where the bank has nowhere to go), and then credit them back to the dollar account.
Good luck to you!
аватар Manifesttema
Thank you for the answer))) well, in general, everything is as always)))
аватар orbittours.ru
I recently quietly exchanged my pounds for dollars. I don't fly often, a couple of times a year. A friend lives in Cairo and always changes dollars at the bank without questions for tickets. Like her husband is Egyptian.
аватар Veter.Peremen-Nadezhda.Kurganskaya
Orbittours, and in which bank did they change you, at what rate and, if it's not a secret, how much?
Do you have an account there? And what ticket did you give them?
аватар Veter.Peremen-Nadezhda.Kurganskaya
(I was in CIB, where there is no account - they wrapped it up right away.
In Alexbank, where 2 accounts have been opened for a year and a half. The same.
Well, of course, I didn’t want to buy the amount of $ 100, but to the maximum).
аватар Veter.Peremen-Nadezhda.Kurganskaya
And that's before the black market dollar was nine and a half...
аватар orbittours.ru
National Bank of Egypt, tickets were presented paid. Girlfriend in Cairo in sib changes without question. Amount is not max.
аватар orbittours.ru
I don't have an account there. My husband has an account
аватар orbittours.ru
Although Sisi writes that there are no debts on the 2nd Suez Canal, all foreign exchange funds should be thrown to pay off these debts and the flow of imported currencies has stopped. That is why such measures. In general, in Cairo, these measures have been in place for a long time, only now, when there is no inflow of foreign currency, they are in charm.
аватар Veter.Peremen-Nadezhda.Kurganskaya
Thank you very much, Orbittours.
Tell me, where is the office of this bank in Sharm El Sheikh? (When I return from India, I will definitely go).
аватар orbittours.ru
I changed in Cairo.
аватар Karrina
Hello, I still have Egyptian pounds, who will go to Egypt, I can exchange a favorable rate, all information by phone 0665119819
аватар Kurskoe
Bank CiB are scammers. Their ATM tore my bill. Bank employees arrived. They took my dollars. I spend all my time in their office. Dollars are not returned or exchanged. And now they want to make them fake. Do not contact this bank. Hurghada November 2022 Russian tourist deceived.
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