Tourists in Egypt should be aware of these typical banking fees:
- ATM withdrawal fees: Both local banks and your home bank may charge fees for using foreign ATMs.
- Currency conversion fees: International cards often incur a 2–3% foreign transaction fee for purchases and withdrawals in EGP.
- Cash advance or credit card withdrawal fees: Credit cards have additional charges for cash withdrawals.
- Exchange rate spreads: Unfavorable exchange rates at exchange offices or some ATMs may result in extra hidden costs.
- Account maintenance: Not usually relevant for short-term tourists, but be mindful if using prepaid cards.
Our A-class travel agency can advise on cost-effective ways to manage your money and avoid excess banking charges during your trip.