Banking & Money
9 questions from travelers about Banking & Money in Sharm El Sheikh, Egypt.
Questions
ATM withdrawal limits and fees in Sharm el-Sheikh Egypt
Most ATMs in Sharm el-Sheikh allow up to 4,200 EGP per withdrawal; ABC Bank ATMs allow up to 8,000 EGP. Fees vary by card currency.
1 source · 7 days ago
ATM withdrawal limits and hidden fees in Sharm el-Sheikh Egypt
Standard ATM limit is 4,000 EGP per transaction; ABC Bank ATMs claim up to 8,000 EGP. Frequent withdrawals at the same ATM can trigger unexpected fees — up to 600 EGP extra per transaction.
1 source · 7 days ago
Best way to get Egyptian pounds in Sharm el-Sheikh — ATM or exchange dollars?
ATMs are the easiest option — they accept old dollar bills from the 90s and 2000s too. Not all shops take dollars; Fix Price, for example, only accepts Egyptian pounds.
2 sources · 2 days ago
Can ATMs in Sharm el-Sheikh accept $100 bills or exchange them to Egyptian pounds?
ATMs in Sharm el-Sheikh often don't accept $100 bills. Break them into smaller denominations first at a restaurant or through a local guide, then use the ATM to get Egyptian pounds.
2 sources · 5 days ago
Should I exchange money to Egyptian pounds in Sharm el-Sheikh, and where to do it?
Egyptian pounds are essential for taxis, pharmacies, grocery stores, and tips — vendors heavily round up prices in dollars. Exchange rate is approximately 1 USD = 52 EGP.
2 sources · 2 days ago
Should you pay in Egyptian pounds or USD at pharmacies in Sharm el-Sheikh?
Always pay in Egyptian pounds at pharmacies — prices on packaging are in EGP, and paying in USD means an unfavorable exchange rate set by the seller. Cards are also accepted at most pharmacies.
2 sources · today
Where to exchange dollars or withdraw Egyptian pounds at a hotel in Sharm el-Sheikh?
The hotel reception at Sharmilion does not exchange cash dollars. There is an ATM on-site for withdrawing Egyptian pounds, and a currency exchange point outside — head toward the sea from the main entrance and turn right, before the palm tree alley.
2 sources · today
Where to exchange money or get cash in Sharm el-Sheikh?
You can exchange money through your hotel guide, at the front desk, from beach excursion sellers, or at the dive center. ATMs are available near the hotel entrance and on the way to the beach (near Fayruz reception).
1 source · today
Which ATMs in Naama Bay are best for withdrawing Egyptian pounds with a foreign bank card, and what are the withdrawal limits?
Look for ATMs with the UnionPay logo on the Naama Bay promenade — they allow withdrawals of up to 4,000 EGP per transaction. Some travelers report limits up to 7,000 EGP at certain machines.
2 sources · 8 days ago