Site Search:
 
Get TEFL Certified & Start Your Adventure Today!
Teach English Abroad and Get Paid to see the World!
Job Discussion Forums Forum Index Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Students and Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

How do you transfer dollars out of Egypt?

 
Post new topic   Reply to topic    Job Discussion Forums Forum Index -> Egypt
View previous topic :: View next topic  
Author Message
Big_H



Joined: 21 Dec 2013
Posts: 115

PostPosted: Tue Aug 05, 2014 12:29 pm    Post subject: How do you transfer dollars out of Egypt? Reply with quote

As the thread title asks, specifically to US expats; which are the most suitable options and reliable ways to transfer USD sums from here in Egypt to banks in the US?

I'm an Egyptian EFL teacher at the start of his career now (I also occasionally weight in with my opinion here in the EGY forum) and I'm planing to take my first steps in teaching abroad. I was lucky to be linked to a school/university in Vietnam through a US-based dispatch agency (I applied at a US agency online -> they contacted their partners overseas-> these partners suited applicants to their job offers and contacted me back). My acceptance to the program is pending my payment of the US agency's fees as they will act as my "sponsor" throughout the entire travel experience.

So that's the problem, as holder of a bank account in EGP currency, I'm unable to make wire transfers to US banks or companies in US $. Online payment by credit card isn't an option either because the agency's website is linked to Forex (Forex is a US exchange market among which are betting companies; betting being illegal in Egypt -> No we won't wire your payment Mr Big_H). Western Union would only send it to an individual, not a company in the US.

So how the heck do you guys do it?

edit: I was told I could do it by starting a new bank account in US $, but that no wire transfers could be made before 6 months of making the account *facepalm*
Back to top
View user's profile Send private message
justcolleen



Joined: 07 Jan 2004
Posts: 654
Location: Egypt, baby!

PostPosted: Fri Aug 08, 2014 8:01 am    Post subject: Reply with quote

You don't need to do it in dollars. You make the transfer in the equivalent amount of LE from your bank account and the business will withdraw it from their account in dollars.

ETA: Since you have the ability to open an account in the US, try this one:

https://www.walmartmoneycard.com/walmart/getacardnow
Back to top
View user's profile Send private message Send e-mail
scot47



Joined: 10 Jan 2003
Posts: 15343

PostPosted: Sun Mar 08, 2015 8:52 am    Post subject: Reply with quote

Does Egypt have Exchange Control on foreign transfers ?
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Job Discussion Forums Forum Index -> Egypt All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


This page is maintained by the one and only Dave Sperling.
Contact Dave's ESL Cafe
Copyright © 2018 Dave Sperling. All Rights Reserved.

Powered by phpBB © 2001, 2002 phpBB Group

Teaching Jobs in China
Teaching Jobs in China