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Companies for transfers from Switzerland to Algeria
"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."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall top choice: Wise
Of the 4 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between Switzerland and Algeria.
When sending money from Switzerland to Algeria, using Wise in a great option.
Compare for the best deal on your Switzerland to Algeria transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Switzerland to Algeria.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for CHF to DZD transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to Algeria.
Summary of recent searches
Considerations for sending money from Switzerland to Algeria
Always compare ways to send money from Switzerland to Algeria to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between Switzerland and Algeria.
Through this, you get a comprehensive view of all the options you have in Switzerland when you need to send money to Algeria.
Cheapest way to send money from Switzerland to Algeria: Revolut
On average, Revolut fees were 0* CHF per transfer and customers would expect an exchange rate between CHF-DZD that is 0.2% different to the mid-market rate
Against the others tested, Revolut is 0.7% cheaper than the second-best option.
To secure a cheap way to transfer CHF to Algeria, Revolut is our recommendation.
*The most common fee applied to CHF-DZD by Revolut, based on data from the past six months.
Fastest way to send money from Switzerland to Algeria: Paysend.
Data from the last six months shows Paysend to be the quickest way to send money from Switzerland to Algerian Dinar in 66.7% of searches. For fast transfers between CHF and DZD, Paysend comes highly recommended.
Using Paysend for fast transfers from Switzerland to Algeria has an average fee of 0 CHF.
Within our comparison we looked at the 4 money transfer providers offering transfers from Switzerland to Algeria. Within this we looked at overall speed of sending money from Switzerland to Algeria after depositing Swiss Franc to a money transfer account.
When faster money transfers are a priority, Paysend is our recommended choice for sending into Algeria from Switzerland.
Need to make a large transfer?
Wise is the best option for large transfers of the 4 providers compared.
While Wise may not always be the cheapest or fastest way to send CHF from Switzerland to Algeria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from Switzerland to Algeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Switzerland to Algeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Algerian Dinar for your Swiss Franc. The current CHF-DZD mid-market rate is 151.9291 DZD per Swiss Franc.
This rate changes regularly so it can pay to track it. For comparison, the CHF-DZD mid-market rate for the past three months has averaged 149.4722 DZD per Swiss Franc, with a low of 148.6001 and a high of 150.033.
Wise is currently offering the best exchange rate from the 4 companies compared.
Often the CHF-DZD exchange rate you pay is the biggest cost factor when transferring Swiss Francs to Algeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Swiss Franc you’re sending to Algeria. Revolut currently has the lowest fees for transfers into DZD at an average of 0 CHF over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Algerian Dinar is the biggest indicator of the total cost of sending money to Algeria from Switzerland. The bigger the amount received in Algeria, the lower the overall cost of sending from Switzerland.
How to find the best exchange rate for Swiss Franc to Algerian Dinar
Timing is essential for sending money between CHF and DZD. The exchange rate you secure impacts how much DZD you get for your CHF.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CHF to DZD has seen some fluctuation. On average, it stood at 149.4722.
During this period, the highest value recorded was 150.033, while the lowest was 148.6001.
Wise, which is our recommended service to send money online from Switzerland to Algeria offers an exchange rate that is only 0.13% above the mid-market rate.
Want to secure the best CHF-Algerian Dinar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Switzerland to Algeria!
Paying for your Switzerland to Algeria money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Switzerland to Algeria.
By using a money transfer company such as Revolut to send money from Switzerland to Algeria, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Revolut is the cheapest money transfer provider for bank transfers from the 4 we tested when sending CHF to Algeria.
With an average fee of CHF0 to send money from Switzerland to Algeria, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Switzerland to Algeria with a prepaid or debit card is very easy with Wise.
Wise is a great choice for sending money with a debit card from Switzerland to Algeria. This is from the 4 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from Switzerland to Algeria, emerges as our top choice of the 4 companies offering this service.
Be careful of fees: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Algeria and Switzerland.
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 from Switzerland to Algeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CHF to DZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
