e& Egypt Launches Instant International Money Transfer Service
Egyptian users can now receive instant remittances from the UAE and Saudi Arabia through e& Egypt's digital wallet service.
e& Egypt has introduced an instant international money transfer service through its e& Cash digital wallet, enabling users in Egypt to receive funds instantly from the United Arab Emirates and Saudi Arabia.
Developed in partnership with Banque du Caire, this initiative aligns with the Central Bank of Egypt’s strategy to promote financial inclusion and reduce reliance on cash transactions. It provides a faster, more convenient alternative to traditional remittance methods, particularly benefiting individuals dependent on funds from family members abroad.
The service is now available to all e& Cash wallet users in Egypt. To promote the launch, e& Egypt is running a campaign offering users the chance to win prizes of up to LE 1 million. Future plans include expanding the service to additional remittance corridors, further enhancing the accessibility and convenience of international money transfers for users in Egypt.
