Red Sea Currencies & Banks

ATMs are becoming a common sight and most accept the Visa, MasterCard, Cirrus, and Plus system. This is a good way to avoid carrying a lot of cash and ensures that you get the latest exchange rate. However, check with your bank before leaving home as some PIN numbers are not compatible due to foreign keypads and some banks charge a small fortune to withdraw money overseas. Cash advances can be taken out on Visa and MasterCard at most major banks, be sure to have your passport ready for this. Most banks will also cash travelers' cheques, although you can often get a better rate at money changing booths. Again, don't forget your passport for cashing travelers' cheques.

Egypt uses the Egyptian Pound.

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