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Home Tech News

e& Egypt launches instant cross-border money transfers from UAE, Saudi Arabia

Ladele Joy by Ladele Joy
April 9, 2025
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e& Egypt launches instant cross-border money transfers from UAE, Saudi Arabia
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e& Egypt, the telecom operator, has introduced an instant international money transfer service through its e& Cash digital wallet. Starting in April 2025, the feature allows users in Egypt to receive funds directly from the UAE and Saudi Arabia.

This digital upgrade supports the company’s push for financial inclusion and aligns with Egypt’s national strategy to shift towards a cashless, tech-driven economy.

How the e& Cash transfer service works

The service is available exclusively to e& Cash wallet users in Egypt. It allows recipients to get international money transfers in real time through the company’s mobile app, eliminating delays and paperwork often associated with traditional remittance services.

Developed in partnership with Banque du Caire, the platform ensures security and convenience. Users can access their funds immediately, making it a game-changer for families relying on remittances for daily expenses, especially those who used to wait days for transfers to clear.

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It’s part of a broader collaboration supporting the Central Bank of Egypt’s digital transformation strategy, which aims to reduce reliance on cash transactions and boost access to financial services.

Supporting financial inclusion across borders

Ahmed Yehia, CEO of e& Financial Technology and Digital Applications, said this launch is about real impact. By simplifying how people receive money from abroad, e& Egypt is helping individuals who depend on remittances manage their finances faster and more easily.

Yehia emphasised that the service is designed to bring value to users’ daily lives, offering a practical solution for students, workers, and families alike.

To encourage adoption, users who receive money through their wallets now also have a chance to win up to EGP 1 million in rewards during the launch campaign.

e& Egypt expansion plans 

The instant money transfer feature is now available to all e& Cash wallet users in Egypt, with plans to expand the service to other countries soon. By simplifying cross-border transactions, e& Egypt is positioning itself as a regional leader in digital financial services, offering smart solutions that match the evolving needs of users.

As the digital economy grows, services like this are becoming essential for convenience and closing the gap between people, technology, and financial access.

Tags: e& Egyptmoney transfer
Ladele Joy

Ladele Joy

Ladele Joy is a content writer and tech reporter specializing in entertainment and gaming. She crafts engaging stories that connect with readers. Joy brings curiosity and creativity to every piece she writes.

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