Remitly vs Panda Remit: The Best Way to Send Money from the UK to Egypt

Introduction

Sending money to Egypt from the UK is a common need for expats, students, and families supporting relatives. Whether it's for tuition, emergencies, or family support, Remitly send money Egypt is a reliable and secure option. Known for its transparent fees, fast transfers, and multiple delivery methods, Remitly is trusted by users across the UK.

Panda Remit also provides a valuable alternative, especially for new users looking for zero-fee first transfers and loyalty rewards, making it an attractive option for cost-conscious senders.

Can You Send Money to Egypt with Remitly?

Yes, Remitly supports transfers to Egypt. Available delivery methods include:

• 🏦 Bank deposit

• 💸 Cash pickup

• 📱 Mobile wallet

Transfers are widely available, but recipients must have a valid bank account or supported mobile wallet to receive funds.

Panda Remit offers an instant transfer option, allowing funds to reach recipients immediately where supported.

Common Banks and Mobile Wallets in Egypt

Major Banks:

• National Bank of Egypt (NBE)

• Banque Misr

• Commercial International Bank (CIB)

• AlexBank

• Banque du Caire

Mobile Wallets / Cash Pickup Networks:

• Fawry

• Vodafone Cash

• Orange Money

• Western Union (cash pickup)

Step-by-Step Guide — How to Use Remitly for Egypt

1. Create a Remitly account
   Sign up at https://www.remitly.com.

2. Verify your ID (KYC)
   Upload a valid government-issued ID.

3. Select Egypt as the destination
   Choose "Egypt" from the country list.

4. Choose a delivery method
   Options include bank transfer, cash pickup, or mobile wallet.

5. Enter recipient details
   Provide the recipient's name, bank account or wallet information, and other required details.

6. Pay and track the transfer
   Payment can be made via bank transfer or debit card. Track the transfer in real time.

💡 Panda Remit allows fully online zero-fee first transfers for new users.

Fees, Exchange Rates & Limits

Remitly charges a fixed fee plus an exchange rate markup. Limits may apply daily or monthly depending on account history and recipient method.

Example Transfer Table (based on 1 GBP = 64.78 EGP):

Panda Remit offers zero-fee first transfers and seasonal coupon codes to help reduce transfer costs.

Transfer Speed & Delivery Options

Remitly provides two main transfer speeds:

• ⚡ Express: Typically delivers funds within minutes, ideal for urgent transfers.

• 🕓 Economy: Usually takes 1–3 business days and offers lower fees.

Delivery Channels:

• Bank deposits (NBE, Banque Misr, CIB, AlexBank, Banque du Caire)

• Cash pickup (Western Union, Fawry agents)

• Mobile wallets (Vodafone Cash, Orange Money)

Panda Remit supports instant bank deposits, allowing same-day access for recipients.

Useful Tips Before Sending Money

• 💱 Monitor exchange rates to ensure you send money at favorable rates.

• ❌ Avoid credit card payments, as they are not supported for transfers to Egypt.

• ✅ Verify recipient information to prevent delays or errors.

• 🔍 Compare providers for each transfer to maximize value.

• 🎁 Look for promotions like referral bonuses or coupon rewards to save on fees.

Conclusion & Recommendation

Remitly is a trusted choice for sending money from the UK to Egypt, offering multiple delivery options, transparent fees, and reliable service. Panda Remit provides additional value with zero-fee first transfers and loyalty rewards, making it a cost-effective alternative for first-time users.

For your first transfer, consider Panda Remit to enjoy secure, zero-fee online transfers.

Official Websites:

• Remitly: https://www.remitly.com

• Panda Remit: https://www.pandaremit.com