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Send money to Algeria

Compare transfer companies when sending money to Algeria.

Algerian dinars are considered an exotic currency — so most foreign exchange services don’t deal with them. Western Union and MoneyGram, however, both provide transfer services to Algeria; cash payments can be sent quickly, but these fast transfers can be costly. An online specialist like XE, however, can save you money with lower fees and better exchange rates.

Send money to Algeria with WorldRemit

WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.

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

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
XE
Within minutes
$3

View details
XE has fast transfers with low fees and a range of foreign currency tools.
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Compare up to 4 providers

Best ways to send money to Algeria

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Algeria. Some offer cash pickup in as little as a few minutes, while others transfer to bank accounts.

1. Digital money transfer services

Companies like XE and PayPal specialize in foreign currencies, making them some of the most cost-effective ways to send money to Algeria. Most offer transfers directly to your recipient's bank account in Algeria, often in as little as a day or two.
  • Why? Digital money transfer services are cheaper because they exist online and don't have as many employees or physical locations.

2. Cash transfers

Services like Western Union and MoneyGram allow you to transfer cash for pickup at a local branch in Algeria— often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.
  • Why? Picking up cash is more expensive because more people are involved.

3. Banks

The Algerian dinar may be offered by your bank, but beware of high fees and wide margins on the exchange rate. Compare bank transfers to digital services and other options before sending a wire transfer to Algeria.
  • Why? Banks offer money transfers as a secondary service so don't strive to offer competitive prices.

Let's crunch the numbers: Sending $1,000 to Algeria

Let's say you need to send $1,000 to family in Algeria. Here's what you might face as far as fees and exchange rates using today's rate of 1 USD = 136.760 DZD.
Digital money transfer service Cash transfer Bank transfer
Fee $0 $20 $25 + additional correspondent bank fees
Exchange rate 1 USD = 136.350 DZD 1 USD = 136.076 DZD 1 USD = 129.922 DZD
Transfer speed 1-2 days Minutes 2-5 days
Amount received DZD$136,350 DZD$133,355 DZD$126,674
Verdict
  • Best value
  • Fastest
  • Slowest and most expensive

The bank option ends up being the slowest and gets the smallest amount of money to your recipient in Algeria. A digital transfer sends the most, which is DZD$9,676 more than the bank. For speed, a cash transfer can typically have your transfer to Algeria in as little as 15 minutes. Make sure there's a cash pickup location near your recipient before sending.

How to send money to Algeria online

Sign up and send money to Algeria with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Compare and pick a provider before signing up for a free online account using your contact information, proof of ID and preferred payment method.
  2. Provide transfer details. Submit your recipient's contact information and pick a delivery method. If transferring to a bank, you'll need their bank account details in Algeria.
  3. Confirm transfer details. Double-check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt's confirmation number to track the progress of your transfer to Algeria. Some money transfer providers send a text or email when your transfer is complete.

Get the most out of your money transfer to Algeria

Weigh costs and fees against convenience to best compare money transfer providers that send to Algeria. Consider:

  • Exchange rates. The USD–DZD relationship fluctuates, so using a service that allows you to lock in exchange prices may help you save money down the line if the Algerian dinar rises against the US dollar.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger USD–DZD exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of Algerian dinars you're sending to Algeria.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Algeria.
  • Sending limits. Comparing prices for one large transfer instead of many small transfers is typically easier, so picking the service you use based on how much you're sending is a valid strategy for saving money.
  • Transfer methods. Whether you want money sent to a bank account in Algeria or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

How to send money to Algeria without a bank account

If you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up Algerian dinars without a bank account.

Emergency cash transfer

When urgency trumps cost to get your money to Algeria quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

Algeria's exchange rates explained

Banks and money transfer companies use exchange rate to calculate how much Algeria's currency is worth when converted to USD. The USD-DZD relationship can change daily based on global economic stability, interest rates, inflation and more.

Today's exchange rate USD to DZD

1
0
Updated: 22 Oct 2021 18:06:21 UTC

What to watch out for

Sending money to relatives or family members in Algeria may be subject to taxes on the money transfer and certain documents may be required.

Taxes on transfers to Algeria

In general, any large transfers being sent from the US to Algeria should be filed with the IRS to avoid any penalties.

Required information

Receiving money in Algeria:

  • Transfer confirmation details like a transfer number, an MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID like a passport or similar official ID may be required to pick up your transfer.
  • Sender's information. Take along your sender's full name, the sending country and their address, if known.

Sending to Algeria from the US:

  • Proof of identification like a government-issued ID or your SSN number.
  • Recipient information like their name, address and bank account information in Algeria.

Bottom line

Sending your hard-earned money to Algeria shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country-specific guides the next time you need to make a transfer.

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6 Responses

    Default Gravatar
    AnonymousFebruary 14, 2019

    What documents needed to receive money from western union?

      Avatarfinder Customer Care
      JeniFebruary 19, 2019Staff

      Hi Anonymous,

      Thank you for getting in touch with finder.

      You need to provide any government-issued photo ID. In order to pick up cash at the nearest agent location, you need to provide the Money Transfer Control Number (MTCN) sent to you by the sender.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

    Default Gravatar
    hanaaJune 26, 2018

    Can an algerian pick up US dollars or does he have to pick up Algerian dinnars??

      Default Gravatar
      nikkiangcoJune 26, 2018

      Hi Hanaa!

      Thanks for getting in touch!

      Anyone can pick up cash at Algeria. The currency would depend on the transfer facility service.

      You can withdraw USD in Ri while Moneygram and Western Union cash out Algerian dinar.

      Hope this helps!

      Regards,
      Nikki

      Default Gravatar
      AbdulJuly 18, 2018

      Which is the best means to send money to my love ones in Dubai from Algeria, beside sending through Bank transfer?

      Default Gravatar
      nikkiangcoJuly 19, 2018

      Hi Abdul!

      Thanks for leaving an inquiry on our page.

      Unfortunately, we don’t have a comparison page where a list of brands that allow you to send money from Algeria to Dubai is outlined. The companies listed above are available to people in the US only. You might want to check the money service providers available in Algeria instead.

      Hope this helps!

      Nikki

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