Africa · EGP · 5 routes

Payouts to Egypt

Route catalog · EG

Choose a payout method

Supported currencies

EGP

Cutoff & delivery timing

T+1, Cut off time 13:00pm GMT for Bank Transfer during Sunday to Thursday.

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Transaction limit per end-user	P2P
Max	USD 15,000
Min	Not specified

Beneficiary statement narrative

Remitter Name and Statement narrative will be passed to clearing system.

Network participant

Partner

Channels

All major banks in Egypt (list available)

Notes

Remitter ID Issue Date, Remitter ID Expiry Date and Remitter DOB are only required for P2P payouts.

To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.

Mandatory data requirements

Remitter

Remitter Name
Remitter Account Type
Remitter Identification Type
Remitter Identification Number
Remitter DOB
Remitter ID Issue Date
Remitter ID Expiry Date
Remitter Country Code
Remit Purpose Code

Beneficiary

Beneficiary Name
Beneficiary Account Type
Beneficiary Account Number - IBAN
Beneficiary Country Code

Supporting documents

Remitter Beneficiary Relationship
Nature of Business
Duration of Contract
Commercial Agreement
Current Invoice

Beneficiary account type

INDIVIDUAL

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