ATM withdrawal limits and hidden fees in Sharm el-Sheikh Egypt
Based on 1 discussion with 3 participants · Last activity: 5 days ago
Based on 1 discussion with 3 participants · Last activity: 5 days ago
TL;DR
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.
One ATM worked reliably over 5-6 consecutive withdrawals without errors, but caps withdrawals at $100 per transaction when withdrawing in dollars.
An ATM deducted $50 without dispensing cash or completing the exchange. The nearest bank branch (Soho area) couldn't help and redirected to the central branch in Hadaba — the issue was never resolved.
Withdrawing 4,000 EGP from an ABC Bank ATM incurred a fee of 250 RUB per transaction. The 8,000 EGP single-withdrawal option at ABC ATMs has also been confirmed by another user.
If an ATM charged unexpected fees, file a dispute with your home bank after returning — refunds are possible in some cases, though the process can take up to two months.
Using the same ATM repeatedly (e.g. the sixth time in a row) can trigger an ATM surcharge of 300 EGP, plus your home bank may charge an additional 300 EGP — meaning a 4,000 EGP withdrawal can cost 4,600 EGP total.
Most ATMs in Sharm el-Sheikh dispense up to 4,000 EGP per transaction. ABC Bank ATMs are advertised as allowing up to 8,000 EGP per withdrawal, but this does not always work in practice.