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Send money to Albania

Save time and money when sending money to Albania.

Shirley Liu
Shirley Liu

Updated

Fact checked
When you need to send money to Albania, there are only a couple of providers to choose from. Albanian leks are considered an exotic currency, so foreign exchange providers rarely deal with them. Western Union and MoneyGram, however, can quickly send a cash payment to Albania.
Unfortunately, these speedy transfers can be expensive. An online specialist like XE could save you money with lower fees and stronger exchange rates. And as of 2015, Vodafone’s M-Pesa has expanded it’s service to Albania.

Send money to Albania with WorldRemit

Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

  • No minimum transfers.
  • Wide range of destinations.
  • Competitive exchange rate.
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Compare money transfer services

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds overseas with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
Remitly International Money Transfers
$10 Within an hour USD 1.99 100.553 ALL 50,076 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options. 		Go to site Show details
WorldRemit International Money Transfers
$1 Within an hour USD 3.99 101.989 ALL 50,588 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What's in this guide?

Banks vs. money transfer companies

While you’ll be tempted to visit your bank for a wire transfer to Albania, a reputable money transfer service can typically offer better exchange rates, lower fees and faster delivery — often without you having to leave your home.

Banks don’t often publish exchange rates, but you can sometimes find the rate you’ll receive by logging in to your online bank account.

Steps to send money to Albania

Whether you send money through your bank, a money transfer provider or any other option, the process is similar.

  1. Register for an account with a provider, supplying your name, address, contact details, proof of ID and information about your selected payment method.
  2. Designate the recipient of your transfer and the agent location where they will pick up the funds.
  3. Select the amount of money you want to transfer.
  4. Keep a record of any transaction reference number you receive so that you can review your transfer’s progress.

You have multiple options to choose from when sending money to Albania from the United States. To get the best value for money for your international money transfer, compare the benefits and features of competing services before selecting a provider.

How much will I pay to send money to Albania?

Say that you want to send $1,000 to your sister, who’s traveling around Tirana for the summer. You might find that your bank doesn’t send money to Albania. Exploring alternatives, here’s what you’d pay for a bank account transfer with a big-name provider and an independent money transfer specialist like Ria.

Big-name transfer provider Online money transfer specialist
Exchange rate 1 USD = 123 ALL 1 USD = 125 ALL
Transfer fee $25 $5
Transfer speed 4 business days In minutes
Transfer options Cash pickup Cash pickup
Total ALL received 123,000 ALL 125,000 ALL

With an independent money transfer service, you’d save $20 on the transfer fee alone. And with a stronger exchange rate, you’d get 2,000 more Albanian leks to your sister for cash pickup in minutes flat. That’s one happy sibling.

How do I compare money transfer companies?

When sending money to friends, family and businesses in Albania, you’ll want to compare these details to get the best deal for your situation.

  • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
  • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
  • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
  • Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
  • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate —especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
  • Flexible transfer options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
  • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Albania’s exchange rates is flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

What are the ways that I can send money to Albania?

  • Bank transfers. Confirm whether your bank will allow you to send money to Albania.
  • Money transfer providers. Providers like Ria and TransferWise can help you quickly and easily transfer your money online.
  • Providers with cash pickup. Western Union and MoneyGram allow you to send funds for cash pickup at agent locations.
  • M-Pesa. M-Pesa is a safe, secure way to send, receive and store money through your mobile phone or an app. Top up your account at one of more than 287,000 agent locations and then send money to loved ones, who can visit an agent to withdraw their funds.
  • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.

Same-day cash transfers in Albania

You might need to make an urgent cash transfer to Albania — for example, if a friend traveling through the country loses their wallet. When you need to transfer funds in a hurry, review the exchange rate and transfer fee that will apply to your transaction.

The fastest possible transfer will often be your most expensive option, so compare the details of your transaction before you commit.

Tips for picking up cash in Albania

Whether picking up funds in Berat or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

  • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
  • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
  • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
  • Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.

How safe is a money transfer?

When you use a reputable provider, your funds are safely tracked until in the hands of your recipient. There are federal protections in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

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