Unicorn Currencies
...
🇵🇹→🇪🇬

Send Money from Portugal to Egypt

Portuguese businesses and textile exporters paying Egypt suppliers. Send EUR from Portugal, receive EGP in Egypt with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local EUR collection + local EGP delivery = no correspondent bank fees

Save £2,720 per £100k Payment

Portugal to Egypt corridor savings

Traditional Bank
£3,225
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • ✓ T+0 (2.3s avg within Unicorn network)
  • ✓ Local EUR collection
  • ✓ Transparent 0.5% spread
  • ✓ InstaPay Egypt
Your Savings
84%
£2,720 per £100k
At £300k-£3M monthly, save £6,807/year

Sending from Portugal: What You Need to Know

EUR Origin Specifics

  • Portugal uses EUR currency
  • SEPA instant payment network
  • GDPR compliance required

Your Local Advantages

  • Local EUR account available
  • SEPA (Single Euro Payments Area) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.

Paying Suppliers in Egypt: Compliance & Requirements

Regulatory Considerations

  • Central Bank of Egypt FX regulations
  • Egyptian Customs documentation
  • VAT (14%) on goods and services
  • Import licensing for certain sectors

Payment Best Practices

  • Egypt = Cotton/textile exporter, Suez Canal logistics hub
  • InstaPay gaining traction for EGP payments
  • Cairo + Alexandria = Main business centers
  • Currency volatility - FX hedging recommended
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via InstaPay Egypt

Portugal → Egypt Corridor Insights

Popular Industries

  • Textiles
  • Agriculture
  • Chemicals

Peak Trading Hours

CET (GMT+1) to GMT time zone consideration

Best for rate execution and faster settlement

Typical Volume

£50k-£250k

Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send EUR from Portugal to Egypt?

Save 84% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.

Open AccountView Egypt Details

Bank of Canada registered PSP | FINTRAC licensed MSB