Send money from Saudi Arabia to Egypt(SAR → EGP)

What matters on the Saudi Arabia to Egypt corridor

Egypt's currency has undergone massive devaluation since 2022, with EGP losing over 60% of its value against major currencies. For Egyptians in Saudi Arabia, this means remittances now stretch significantly further — but also that timing and rate comparison matter more than ever.

• The Egyptian pound's devaluation means SAR/EGP rates have changed dramatically. Providers that update their rates in real time offer better value than those using stale exchange rates — always check the rate is current before confirming a transfer.
• InstaPay is Egypt's instant payment network, enabling real-time transfers to Egyptian bank accounts. Providers that support InstaPay delivery can get funds to recipients within minutes, compared to 1–2 business days for traditional bank transfers.
• The Central Bank of Egypt (CBE) has liberalised the exchange rate regime, allowing market-driven pricing. This means rates between providers can differ significantly — comparison is more valuable on this corridor than on pegged-currency corridors.
• SAMA-licensed exchange houses like Al Rajhi and Lulu Exchange offer Egypt remittance services, but digital providers like Wise and Remitly often provide more competitive SAR/EGP rates, especially after Egypt's rate liberalisation.