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Help please. cheapest way to transfer money to Egypt

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Hi
I will be moving to Egypt and want to have a regular income from the rental of my property in the UK. Does anyone know of a bank that I can have the money deposited over here and withdraw from in Egypt. I have tried to find out about this before with no luck. Maybe there is another way which I don't know about. Someone out there must know the answer. I live in hope.
Thanks

Comments

  • dzug
    dzug Posts: 2,260 Forumite
    If you get a Nationwide Flex account you can have your rent paid into it and then withdraw it from ATMs in Egypt with no fees or currency loading.

    You need to get the account going before you move - they won't open it afterwards.
  • Thank you so much.
  • BWZN93
    BWZN93 Posts: 2,182 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just a quick note on the flex account - the terms and conditions to open the account have recently changed - you need to either pay in £100 when you open the account or transfer your existing current account to Nationwide. This does not apply if you currently do not have a current account with any UK bank/building society.

    Have a look at nationwide.co.uk for more information.

    Jo x
    #KiamaHouse
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