Compare the best ways to send money to Albania
Get the best deals when you transfer money to Albania. Find the cheapest, fastest, and most reliable providers with the best ALL exchange rates.
Read on for the best ALL deals, expert information, and all you need to transfer money to Albania.
Send money to Albania
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
How to get the best rate when sending money to Albania
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best ALL rates.
Choose a provider
Select the provider that offers you the most ALL and fits your needs.
Click, sign up & transfer
Follow the steps & make your transfer. Your ALL will soon be on the way.
About money transfers to Albania
We found Wise to be the best way to send money to Albania.
After testing and reviewing 5 money transfer providers servicing Albania, Wise came out on top.
Wise offers quick transfers, adds a -0.06% markup on ALL transfers, and costs $60.74 in fees.
This makes it the best option for a mix of cost, speed & features for ALL transfers.
Cheapest way to send money to Albania: Remitly
If you want to make the most of your ALL transfer, the cheapest way is to use Remitly and pay for your transfer with a bank transfer.
With just $0 in fees and -0.1% markup, Remitly is 0.6% cheaper than the next best option.
With Wise, if you were to send 7,000 USD to ALL, your recipient would get 580,090 Lek, this is more than with other providers on our list.
*Based on 7,000 USD transfer.
The fastest way to send money to Albania: Xe
Based on a $7,000 transfer and our comparison data for ALL transfers, Xe is the quickest option for sending ALL to Albania.
With Xe, the transfer time to Albania is minutes - 24 hours.
They charge $0 in fees and apply a 1.48% markup on the ‘real’ ALL rate. This is 0% cheaper than the second-best provider.
For the best balance between speed and cost, we suggest using a deposit for Lek transfers.
The easiest way to send money to Albania: Wise
They’re highly transparent with fees, charging $60.74 per transfer with a -0.06% markup on the ALL mid-market rate.
With multiple deposit and withdrawal options and reliable customer service, getting started with Wise takes less than 10 minutes, making it a fast, cheap, and user-friendly option.
Consider this before sending money to Albania
Don't settle for the first option. Always compare ways to send money to Albania to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate in Albania.
Through this, you get a comprehensive view of all the options you have when sending money to Albania.
Making large money transfers to Albania
When sending large amounts of Lek to Albania, it's important to consider factors like the limits, ALL rates, customer support, as well as legal and government-imposed restrictions in Albania.
Remitly is our top recommendation for moving large amounts of ALL.
Whether you're purchasing property in Albania, need to pay tuition fees, have a wedding there, or transfer money for business in Albania, Remitly will ensure a smooth and secure transaction.
Of all the companies we’ve tested and reviewed that specialize in large ALL transfers, Remitly consistently ranked as the top-rated choice.
They charge $0 per transfer and apply -0.1% markup on top of the ALL exchange rate, making them perfect for moving big amounts.
Understanding the costs involved when moving money to Albania
When calculating the cost of money transfers to Albania, here's what really matters: the country of origin, amount, payment method, fees, and the markup on the ALL exchange rate.
Exchange rate markup
This is a percentage added on top of the "real" ALL rate (known as the mid-market rate).
Remitly, for example, offers the best exchange rate. It adds -0.1% markup to the USD-ALL exchange rate (82.6969 ALL - -0.1% per US Dollar).
Transfer fees
These are fixed and/or percentage fees added for the service when sending money to Albania.
Let's imagine you want to send $7,000 from the US to Albania.
After analyzing 5 companies supporting Lek, we found Remitly to offer the lowest fees ( $0 in fees and -0.1% markup).
However, exact fees vary by deposit method and the service, for example:
Bank transfers vary from $0 to $490.00000000000006
Debit cards range from $0 to $0
Credit card fees vary a lot, mainly due to cash advance fees and/or additional fees from your credit card provider.
How to find the best exchange rate for Lek transfers
An exchange rate is a constantly changing value of ALL in relation to another currency. The exchange rate you secure impacts how much ALL you will get, so timing your transfer is essential to get the most out of it.
Let's dive into some recent ALL trends.
Over the past week, the exchange rate from USD to ALL has seen some fluctuation. On average, it stood at 83.1796 Lek.
During this period, the highest value recorded for Lek was 83.4736, while the lowest was 82.7864.
Wise, which is our recommended service for sending money online to Albania offers an exchange rate that is only -0.06% above the mid-market rate.
Want to secure the best Lek exchange rates?
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Payment methods available for money transfers to Albania
The way you fund your transfer to Albania will impact the speed, cost, and amount of ALL your recipient receives.
Bank transfers
Bank transfer deposits are a common and reliable funding method for sending ALL, offered by most services covering Albania.
While bank transfers are typically more affordable, it may take up to 3 business days for the ALL to arrive in Albania.
In our testing of 5 providers, Remitly appeared as the cheapest option for bank transfers to Albania, charging $0 per transfer with a -0.1% markup (0.6% cheaper than the next cheapest money transfer company).
Avoid using wire transfers to Albania over the SWIFT network, as they are slower and more expensive due to the bank intermediaries on the way to Albania. Instead, choose ACH or your local network option.
Credit cards
A credit card deposit is another option for ALL transfers.
Based on our comparison of 5 companies serving Albania, there are a few available options.
To get the best deal, we as CC transfer fees and rates can vary a lot depending on where you are.
CC deposits are usually more expensive when sending Lek, so if you can, opt for a bank transfer deposit or a debit card deposit.
Money transfer to Albania is an international transaction.
Your credit card company may apply a cash advance fee and higher interest rates for international payments to Albania. We recommend avoiding credit cards when sending money to Albania.
Debit and prepaid cards
Debit cards are typically faster but more expensive than bank deposits, with most ALL transfers completed within a few hours.
We recommend using Remitly for debit or prepaid card deposits.
With Remitly, you’ll pay a -0.1% markup on the ALL rate and $0 in fees when depositing money via the card. This is 1.97% cheaper than using the next cheapest option for transferring money to Albania.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in Albania.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money to Albania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Albania
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
FAQs
Find answers to the most common questions on our dedicated FAQ page.
How much money can I transfer to Albania, and are there any limits?
Are there tax implications when sending funds to Albania?
What are the typical fees and exchange rates for sending ALL?
How long will it take for my money to reach Albania?
Can I schedule regular ALL transfers?
What currency is used in Albania?
Can I send ALL from any country?
How can I track my money transfer to Albania, and what should I do if something goes wrong?
Is it better to use my bank for ALL transfers?
Can I use MoneyTransfers.com to money transfers?
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