There are many multi-currencies ATM available in Egypt that allows users to withdraw cash in United States Dollars (USD), European Euro (EUR), Great British Pounds (GBP) and Egyptian Pounds (EGP).
However, in this article, we will be focusing more on USD ATM in Egypt than any other international currencies. We will talk about Dollar ATM near you and how to use the USD ATM in Egypt.
Requirements to Get USD ATM Dispense Dollar in Cash in Egypt
Here are the requirements to get USD ATMs in Egypt to dispense dollars in cash:
- You mush have a domiciliary account dominated in USD.
- You must have a MasterCard, Visa Card, American Express or any other internationally accepted card linked to the domiciliary account.
- The Debit or Credit Card must be used on ATMs that support the withdrawal of USD otherwise, your currency will converted into Egyptian Pounds (EGP) and get dispense to you with the ATM’s conversion fee and rate.
- You must possess an international passport to exchange Egyptian Pounds to Dollar at any Exchanging Offices in Egypt.
In other words, to use and get dollars out of USD ATM in Egypt, you must have a domiciliary account domiciled in dollars and have a MasterCard or Visa Card linked to the DOM Account.
The best and must easy domiciliary account to open in Egypt is HSBC. HSBC is one of the largest banking and financial services institutions in the world, serves millions of customers through its three Global Businesses.
So, to get an account domiciled in USD plus added ATM Card that works on ATMs that can dispense USD in Egypt, you need to create a HSBC Premier Account.
However, not only HSBC Bank account offers domiciliary accounts that works on USD ATMs in Egypt. Other international banks and locally based banks also offer a Don account that uses USD MasterCards.
In addition to these requirements, it’s important to understand that some of these ATMs may require you to notify your home bank in advance for international currency withdrawal. More so, you need to be aware of potential withdrawal fees and currency conversion rates.
Best USD ATMs in Egypt
Here’s the list of best ATMs in Egypt that dispense United State Dollars (USD) in cash.
1. HSBC ATM
The HSBC ATMs are known for offering foreign currency options, including USD, at select locations. However, it’s important to note that the USD ATMs dispense USD cash to customers holding the account and USD ATM Card. The ATMs are available major cities of Egypt like Cairo, Alexandria, and at key spots like Maadi, Zamalek, and Downtown.
2. CIB ATM
The Commercial International Bank (CIB) of Egypt has dedicated ATMs that dispense USD at select branches, especially those in financial districts. These ATMs are called “Forex Machines” and allows users to cash out these international currencies only;and for the following currencies only: USD, EUR, GBP, KWD, and SAR. CIB ATMs prominent branches in Cairo (Zamalek, New Cairo) and Alexandria.
3. Banque Misr (MS) ATM
If you’re holding a current account, USD account or a USD certificate with Banque Misr, you can withdraw USD at ATM in Egypt and Abroad with linked debit cards. The Visa Platinum debit card has a monthly limit of $20,000 for purchases, with a daily limit of $5,000 for purchases outside of Egypt. The BM’s USD accounts and cards are mostly used by tourists and business travelers. The USD ATM is available in Cairo and Alexandria; at airport terminals.
4. Egyptians Gulf Bank (EGB) ATM
The Egyptians Gulf Bank (EGB) focuses mainly on international clients and often has ATMs dispensing USD in urban and tourist-heavy areas like Cairo, Giza, and Sharm El-Sheikh.
5. AAIB ATM
AAIB means Arab African International Bank. This bank is known for foreign exchange services and ATMs that can dispense USD at selected locations in Egypt. Cairo’s Downtown, Zamalek, and Garden City areas are the major cities where AAIB's USD ATMs can be used. You can learn more about the bank’s fees and charges for international transactions here.
6. ATMs at Airports and Tourist Hubs
90% of banks operating in Egypt have ATMs at International Airports and tourist centres. These ATMs mostly dispense two currencies; Egyptian Pounds (EGP) and United States Dollar (USD). In other words, they are multi-currency ATMs.
The Multi-currency ATMs at Cairo International Airport are a convenient option for USD withdrawals and EGP withdrawals, while those at Hurghada and Sharm El-Sheikh airports are specifically designed to cater to international travelers with similar services.
Additionally, ATMs in luxury hotels and tourist areas often provide the option to withdraw foreign currency, including USD, ensuring accessibility for visitors.
Where to Exchange Money in Egypt
Most of the time, these USD ATMs are not reliable and travelers at the airport and tourist centers are usually charged in United States Dollar (USD) at the luxury hotels and resorts centers.
In the case where ATMs are not dispensing dollars, they are two options left to get USD; exchange your money at the Airport or at any Exchange offices.
Upon arriving at any international airport in Egypt, you will be required to purchase a $25 USD entry visa on a counter. The money will be charged in USD and on the same counter where the visa is purchased, you can also exchange your foreign currency for Egyptian Pounds and Egyptian Pounds to Dollars or any other foreign currencies.
Foreign currency exchange can also be done at any Exchange Offices in Egypt. However, you must have an international passport or VISA document to convert your money at exchange offices in Egypt.
Does Credit Cards work in Egypt?
Credit Cards like American Express, Visa Card and Discovery Card are widely accepted in the United States (US) and some western countries like United Kingdom (UK). But in Egypt, it’s not widely accepted at the ATMs or point-of-sales (POS) entries.
Nevertheless, you could be able to use Credit Card at international hotel chains like Marriott and Hilton, many boutique or smaller hotels (confirm in advance), sit-down restaurants catering to tourists, and fast-food chains like McDonald’s and Pizza Hut.
They are also commonly used in airports, shopping malls, larger supermarkets, and for online purchases such as train or air tickets and hotel bookings. Apps like Uber accept credit cards, though cash is often preferred, and upscale shops in areas like Zamalek or Maadi, as well as tourist-focused bazaars like Khan el-Khalili, also accommodate card payments.
Notably, historic site tickets must now be purchased with a card, as cash is no longer accepted. Although, the use of debit card is 100% guaranteed but credit card usage at these points is not guaranteed.
