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Money & Payments in Dahab

Good to Know

  • In Egypt, including Dahab, tipping (called 'baksheesh') is deeply embedded in service culture and is considered part of workers' income, especially in tourism and hospitality. Always carry small EGP denominations.
  • Most restaurants in Egypt include a 10–15% service charge on the bill, but an additional 5–10% cash tip left on the table is appreciated and ensures the server benefits directly.
  • Dahab is a Red Sea resort town with good ATM access in tourist areas. Unlike more remote parts of Egypt, you'll have reasonable access to cash withdrawals.
  • When using ATMs, always decline the ATM's currency conversion offer and select 'charge in EGP' to avoid markups; use your card's native exchange rate instead.
  • It's wise to notify your home bank before traveling so they don't block your card for international transactions. Cards are used mainly at larger hotels and restaurants, not small shops.
  • Tipping culture varies by service: restaurants 10–15%, hotel housekeeping 100–200 EGP per day, tour guides 100–300 EGP per day, and taxi drivers round up or add 10–20 EGP.
  • USD and EUR are also accepted by some tourist businesses in Dahab, but exchange rates are unfavorable; use EGP for better value.

ATMs

Availability
Plenty of ATMs in Dahab town and tourist areas
Accessibility
Most operate 24/7; located at banks, hotels, and shopping areas
Language Support
Arabic and English options available on most ATMs
Withdrawal Limits
Up to 30,000 EGP per day typically; check your card's specific limits
Card Compatibility
Accept Visa and Mastercard; 4-digit and 6-digit PINs supported

ATM Fees

Advice
Use bank-owned ATMs in established institutions; decline dynamic currency conversion at ATM prompts to avoid extra fees; check your home bank's international ATM withdrawal fees
Bank Owned ATMs
EGP 10

Approximate local ATM fee; varies by bank

Independent ATMs
Higher fees; less reliable

Cash Needs

Entertainment
Cash needed for water sports, diving centers, activities, and tours
Cultural Sites
Entry fees and photography permits often cash-only
Transportation
Traditional taxis require negotiated cash fare; ride-sharing apps (Uber/Careem) available in larger areas
Markets And Shopping
Cash essential; haggling expected in local shops and bazaars

Restaurants And Food

Local Restaurants
Primarily cash only
Street Food Vendors
Cash only (small denominations preferred)
Upscale Restaurants
Often accept cards; tipping in cash still expected

Card Acceptance

Overview
Limited but growing in tourist areas
Card Types Accepted
Visa and Mastercard widely accepted; American Express rarely accepted
Note
Dahab is a tourist resort area, so card acceptance is better than remote regions, but cash remains essential

Where Cards Work

  • International hotel chains and resorts
  • Larger restaurants and upscale dining
  • Some tour operators and water-sports outfitters
  • Shopping malls and modern retail

Where Cash Required

  • Local restaurants and street food
  • Markets and bazaars
  • Taxis and public transport
  • Small guesthouses and budget accommodations
  • Tipping and gratuities
  • Entry fees to some historical sites

Primary Currency

Code
EGP
Name
Egyptian Pound
Symbol
£ or ج.م

Denomination Strategy

Break large notes (200 EGP) immediately at airport or first purchase; keep supply of 20, 50, 100 EGP notes for everyday transactions and tipping

Banking

Challenges
Banking operations in Dahab are more limited than in larger cities; for complex financial services, nearest major branch in Sharm El-Sheikh (100 km away)
Bank Account Setup
Foreign nationals can open accounts at National Bank of Egypt branch in Dahab. Online account opening available through some banks. Most banks offer mobile banking and internet banking services.
Payment Methods
ATMs widely available, cards accepted at major businesses, cash remains primary payment method
Currency Exchange
Available at bank branches; exchange rates update regularly

Banks In Dahab

  • National Bank of Egypt (NBE)
    Contact
    Tel: +20 69-3640-075
    Location
    El Mashraba Street, Masbat, Dahab

    Services

    • Current accounts
    • Savings accounts
    • Currency exchange
    • ATM
AI-generated estimateData refreshed July 2026

These are the sources cited in this money & payments research for this city. Individual figures may not each trace to one of them.

  1. 1.desert-divers.com
  2. 2.atmfeesaver.com
  3. 3.wise.com
  4. 4.egyptphotographytours.com
  5. 5.egypttoursplus.com
  6. 6.egyptadventurestravel.com
  7. 7.thetravellovers.com
  8. 8.egyptplanners.com
  9. 9.pyramidsland.com
  10. 10.egypttoursplus.com
  11. 11.tradingeconomics.com
  12. 12.forbes.com
  13. 13.dahabmedicalcarehospital.weebly.com
  14. 14.expatexchange.com
  15. 15.doctorsa.com
  16. 16.eha.gov.eg
  17. 17.wowinegypt.com
  18. 18.yellowpages.com.eg
  19. 19.russkaya-apteka.com
  20. 20.egyxa.com
  21. 21.cbe.org.eg
  22. 22.vitalglobalcare.com
  23. 23.expatfocus.com

Data last updated July 2026 · Verify anything important.