Should I pay in Egyptian pounds or in the currency of the country outside Egypt? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Should I pay in Egyptian pounds or in the currency of the country outside Egypt?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

If a merchant abroad offers you Egyptian pounds via DCC, it's generally best to choose the local currency and have your card make the conversion, after checking your bank's fees.

Compare the displayed rate if you have any doubts; the convenience of seeing the Egyptian pound might be more expensive.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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