Find the best way to send money to Algeria

Learn how to send money to Algeria from the UK in our step-by-step guide.

Looking for the best way to send money from the United Kingdom to family, friends or businesses in Algeria (or even to your own overseas bank account)?

Don't head straight to your British bank – compare specialist money transfer services instead. They nearly always offer better DZD exchange rates and lower fees, so for the same amount of pounds you send, your recipient will receive more Algerian dinars.

Of the companies we've compared, OFX is among the cheapest, with competitive exchange rates and fees starting from £0. Need a really fast transfer? OFX can get money to your recipient in Algeria within hours.

Best ways to send money to Algeria from the UK

The best way to send money to Algeria depends on your payment method, how you want your money to be received and how fast you need it to arrive.
  • Online money transfer provider. When buying pounds or Algerian dinars money transfer specialists typically offer better rates and cheaper fees than a local bank.
  • Bank transfer. Bank transfers are an easy way to send money to Algeria but they charge extra for the convenience and are often slower than other methods. UK banks generally add a 3% to 6% markup onto exchange rates.

Compare the best money transfer companies to send money to Algeria

Use our table to compare the best money transfer companies to send money to Algeria. You can compare deposit and receiving options, fees and transfer speeds, then click the "Go to site" button when you've found the best one to get your money to Algeria.
1 - 11 of 11
Name Product Filter values Finder score Pay by Receiving options Fastest transfer Fee (pay by bank transfer) Key benefits
OFFER
TorFX
4.5
★★★★★
Debit card, Bank transfer
Bank account
Within minutes
£0
Get a £50 Amazon voucher for each friend you refer who transfers £5,000 or more. T&Cs apply.
OFFER
Wise (TransferWise)
4.0
★★★★★
Credit card, Debit card, Bank transfer
Bank account, Alipay (China only)
Within minutes
From 0.41%
Refer 3 friends to receive up to £50 referral bonus
CurrencyTransfer
Not rated yet
Bank transfer
Bank account
24 hours
£0
OFFER
Currencies Direct
4.0
★★★★★
Debit card, Bank transfer
Bank account
24 hours
£0
Get a £50 Amazon voucher for each friend you refer who transfers £5,000 or more. T&Cs apply.
TorFX Business
4.5
★★★★★
Debit card, Bank transfer
Bank account
Within minutes
£0
OFX
4.5
★★★★★
Credit card, Debit card, Bank transfer
Bank account
24 hours
£0
OFX
4.5
★★★★★
Credit card, Debit card, Bank transfer
Bank account
24 hours
£0
CurrencyTransfer Business
Not rated yet
Bank transfer
Bank account
24 hours
£0
Xe Business
Not rated yet
Bank transfer
Bank account
24 hours
£0
Special offer: £25 Amazon voucher when you refer a friend
OFX Business
Not rated yet
Credit card, Debit card, Bank transfer
Bank account
24 hours
£0
Currencies Direct Business
4.0
★★★★★
Debit card, Bank transfer
Bank account
24 hours
£0
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Please note: You should always refer to quotes you receive from transfer services themselves directly for exact amounts as they may vary from our estimates.

Cheapest way to send money to Algeria

Bank transfers are typically the cheapest way to get your money to Algeria. OFX and have some of the lowest bank transfer fees of the brands we've compared.

When you're hunting down the cheapest ways to send money to Algeria, it's more important to look at the overall cost of your transfer. This has a couple of elements:

  • Transfer fees. While still cheaper than your British bank, some money transfer services charge either a fixed or percentage-based fee for making your transfer.
  • Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market GBP/DZD exchange rate.

Some providers may charge the mid-market rate but add fees on top. Others may have very low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many Algerian dinars your recipient will end up with.

Fastest way to send money to Algeria

Many online providers can offer transfers to Algeria within minutes, although you're likely to pay a premium for the convenience.

Here are some of the fastest average transfer speeds to Algeria:
  • OFX — within hours

Actual transfer times from the United Kingdom to Algeria can depend on several different factors including transfer amount, payment method and currency.

Safest way to send money to Algeria

The safest way to get your money to Algeria is to use a provider registered with the United Kingdom's industry regulator, the Financial Conduct Authority (FCA). All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both the United Kingdom and Algeria.

A great way to dive deeper is by reading our extended reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.

Large money transfers to Algeria

If you need to make a sizable money transfer to Algeria, consider using a provider such as Wise (TransferWise) or TorFX to benefit from its expertise in handling larger transfer amounts.

Using a large transfer specialist can have the following advantages:
  • Tax guidance. Large transfers to Algeria may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on HMRC's latest advice.
  • Foreign exchange (forex) tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the DZD exchange rate you want.
  • Account manager. Some money transfer providers assign a personal account manager who can help and advise you on your transfer needs.
  • Phone service. If you want to talk your transfer through with someone, providers such as CurrencyTransfer Business and Wise (TransferWise) can give you support over the phone.

How to send money to Algeria from the UK

To send money to Algeria, you'll need the necessary documentation, your recipient's details and a way to pay.

  1. Compare your options.
    Use our table to find a money transfer provider that sends funds to Algeria. One may be better for cash pickups while another may suit a bank transfer. Once you've found the best one for your requirements, click "Go to site".
  2. Create an account.
    You'll need to give your name, address, contact details, proof of ID and method of payment.
  3. Provide your recipient's details.
    Enter your recipient's name and contact information. If you're sending straight to their Algerian bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
  4. Enter your transfer amount.
    Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Double-check the total Algerian dinars your recipient gets.
  5. Complete your transfer.
    Send your money transfer to Algeria. Keep your transaction reference number safe so you can track your transfer. Your recipient may need it too.
  6. How to choose the best money transfer companies to send money to Algeria

    When choosing a money transfer provider to send money from the United Kingdom to Algeria, it's important to consider the cost, how you want your recipient to receive the funds and the turnaround time. Here are other features to review:

    • Exchange rates. Banks and transfer services use the mid-market rate to trade with one another. It is the best rate you can get. However, not all money transfer providers offer you this mid-market rate so compare the DZD you're offered to the mid-market rate and look for the smallest difference.
    • Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Algeria for a flat or low fee might work out better if you plan to send a large amount.
    • Transfer type. Does your recipient have an Algerian bank account or is cash or cell phone top-up a better option? Each transfer type will have different fees. For example, instant cash pickups tend to be more expensive than bank transfers.
    • Transfer speed. If you need your transfer to arrive quickly, you can pay for an express delivery. Some companies offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services offer the best value and get your money to Algeria faster and cheaper than banks.
    • Transfer limits. Find out how much you can send with each service. For example, OFX allows unlimited transfers.
    • Discounts. Some providers may offer you a free transfer simply for signing up. Others may offer a discount if you transfer more than a specific amount of Algerian dinars.

    Frequently asked questions

    We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Moneyfacts.

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    4 Responses

      Default Gravatar
      NadzDecember 13, 2018

      Whats thé fastest way to send money from the UK to Algeria, and how reliable is it?

        AvatarFinder
        JoshuaDecember 18, 2018Finder

        Hi Nadz,

        Thanks for getting in touch with finder. I hope all is well with you. :)

        Typically, the fastest way to send money from the UK to Algeria is by using international money transfer companies. Your recipient can receive the money as fast as within 24 hours. For most people, this mode of money transfer is reliable. Of course, there are people who encounter problems, but usually, international money transfer companies provide safe and reliable services.

        I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

        Have a wonderful day!

        Cheers,
        Joshua

      Default Gravatar
      AadilDecember 24, 2017

      How to send money from India to Algeria faster and easily. tell me the best way step by step

        AvatarFinder
        MayDecember 26, 2017Finder

        Hi Aadil,

        Thanks for getting in touch.

        I’m afraid the that available money transfer service provider featured above is only available to people in the UK who send money to Algeria. The same is true for all other companies we listed on the page. You might want to do more research (on Google) on how you can send money from India to Algeria. Alternatively, you can also check with a bank or money transfer agency available in your local area.

        Cheers,
        May

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