QuickRemit: Transfer Money to Egypt for Free

Key Features

Free Bank transfers to ENBD Bank account in Egypt
Free transfers to any other bank account in Egypt processed within 1 working day*
60 second transfers to Emirates NBD bank accounts in Egypt
Competitive exchange rates compared to market offerings
Service available 24*7

*No charges will be levied on transfers to Emirates NBD Egypt bank accounts. For all other banks, customers will be charged the correspondent bank fees at the time of transfer, which will be reversed to their personal accounts within 7 working days.

Processing Times

Transfers to ENBD Bank account will be processed within 60 seconds.
Transfer to other bank accounts in Egypt can be requested via regular SWIFT - International transfer option and processed within 1 working day, for requests received between Saturday - Thursday up to 2:00 p.m. (UAE time).
Transfer received between 11:00pm–1:00am shall be processed by 8:00am (UAE Time)

Disclaimer

QuickRemit services are not for business transactions, property related payments, remittances to NGOs, Charitable trusts, or commercial entities.

Transfers upto EGP 100,000 per transaction will be remitted as Quick Remit.

Please click here for the applicable terms and related customer notifications for processing of various FX transactions across Emirates Islamic services and channels.

The actual time to complete a transaction may differ from estimates due to increased scrutiny of transactions by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances.

Frequently Asked Questions

Quick Remit is a new service offered by Emirates Islamic whereby you can transfer funds online which will reach the beneficiary within 1 minute if you are transferring to ENBD Egypt, Transfer to other bank accounts in Egypt can be requested via regular SWIFT - International transfer option and processed within 1 working day.

Quick Remit to Egypt is available via Mobile Banking Application and Online Banking.

No charges will be levied on transfers to Emirates NBD Egypt bank accounts. For all other banks, customers will be charged the correspondent bank fees at the time of transfer, which will be reversed to their personal accounts within 7 working days.

No correspondent bank charges. However, if the beneficiary's bank is not ENBD Egypt, the charges will apply.

An equivalent of AED100/- is the minimum amount.

Transfers upto EGP 100,000 per transaction will be remitted as Quick Remit to ENBD Egypt.

Yes, IBAN number is required.

Once the beneficiary is added, there is no need to add the beneficiary again.

If you are subscribed to SMS alerts then you will receive SMS notification as well as an email alert.

In case of customer error, funds will be credited back to the client at the existing rate.
In case of bank error, funds will be reversed to the client at the historical rate.
If there is a system error, transfer will be reinitiated by the bank, failing which, funds will be credited to the client at historical rate.

Credited back by the Bank.

No, this service is only available for EGP transfers.

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QuickRemit to Egypt

Key Features

Processing Times

Disclaimer

Frequently Asked Questions

What is QuickRemit?

Which Emirates Islamic channels can be used to initiate QuickRemit?

What are the charges for this service?

Are there any correspondent bank charges for QuickRemit transfers?

What is the minimum amount that one can transfer via QuickRemit?

What is the maximum amount that one can transfer via QuickRemit?

Do I need an IBAN number or account number will be enough?

I already have beneficiary added in my online banking profile. Do I need to add the beneficiary again?

How will I get notified when the transaction is completed? Will I receive any SMS?

What will happen if the transaction is declined?

How will I get the money back if transfer is unsuccessful?

Can I transfer USD to Egypt with this service?

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