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Does anyone have any suggestions about which bank to use? As an American coming over there I am interested in American banks but really anything reliable and safe is accecptable. I will need to be able to deposit money into an account that will be accessed in the states. Thanks for your help...
ExptinCAI Member # 1439
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there's no way to open an egyptian account and access it in the US. you can open an international account with an international bank in the US - they have special expat accounts - but I think you need to place btw 5-10,000 USD to open such an account.
alternatively, you can simply open a foreign currency account - savings - in a bank like EAB in Egypt and wire the money to your account in the states. it takes about 24 hrs for the transfer and costs around $30. If you're talking about personal use (thousands of dollars) as opposed to bsn use (tens of thousands) this is your easiest option.
you'll need an address and a passport to open an account in Egypt (but you don't need to show proof of residency/your rent lease)
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