If you need to send money to Albania, whether for business or personal reasons, only a couple of companies can help. Albanian leks are an exotic currency and not something most foreign exchange providers deal in.
Household names Western Union and MoneyGram both have a presence in Albania and can send a cash payment quick, but speed transfers can be expensive.
Below you can find a comparison of different money transfer companies you can use to send money to Albania.
Send money to Albania with WorldRemit
WorldRemit International Money Transfers
Send money online within minutes
Large range of destinations
Able to send to cash pickup locations
Send money to Albania with WorldRemit
Use promo code 3FREE to send your first 3 transfers with no fee.
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
Have a look at these features when you compare a quote to send money to Albania.
Exchange rate. Which providers will let you exchange Australian dollars to Albanian lek, and if so, at what rate of conversion. Some providers offer best rate guarantees on international money transfers.
Transfer fee. The additional cost for sending money to Albania. Some providers give you your first transfer for free and other providers don’t charge a transfer fee at all. Be sure to compare the exchange rate on free transfer offers. Sometimes the transfer fee can be included in an additional exchange rate margin.
Transfer time. The transfer time is based on the payment and collection methods. Bank transfers can take a couple of business days to clear. Add a few more days to the transfer time when you’re paying for the transaction using a bank account deposit.
Collection options. Do you want to send cash or do you want to send the money to a bank account in Albania?
Payment options. Different payment options can include bank account deposits and debit or credit card payments. Credit and debit card payments clear almost instantly.
Transfer options. Cash transfers, forwards contracts, spot orders and recurring payments are some of the different transfer options on offer from different providers.
Transfer limits. Compare transfer limits for orders under $100 or over $5,000.
Customer service. Is there an Australian based customer service team available to contact if you have a question about your payment to Albania.
Below is a brief description of the process to send money to Albania.
Providers Citibank and HSBC do not include Albania in their free global transfer networks. You can use the international transfer services of your bank for a fee. Log into your online banking facility and select the menu that lets you make an international payment. If this is the first time you’ve made a payment to this bank account in Albania, you’ll need to add a the payee as a beneficiary first. You’ll need some information such as the payee’s bank name, BIC, SWIFT code and account number.
International cash payment service
Companies such as Western Union and MoneyGram can send cash to Albania in minutes. These companies have more than a handful of cash collection agents throughout Albania.
Western Union. Western Union tend to have partnerships with a wider range of Albanian merchants compared to MoneyGram.
MoneyGram. MoneyGram are partnered with Albanian banks and credit agencies.
Online money transfer companies
These companies operate online and can deposit funds into an Albanian bank account.
Worldfirst. Worldfirst have a flat transfer fee for transactions under $10,000. Payments greater than $10,000 are free. Worldfirst offer spot payments, forward contracts, rate fixing and recurring payments.
Compass Global Markets. Compass Global Markets can offer you a currency trading account for spot transactions, forwards contracts, limit orders and more.
How do I receive money from Albania in Australia?
How are the funds being sent?
Receiving funds in your bank account. You’ll need to provide you bank account and personal details to the sender to receive funds in your bank account.
Your account number
The bank’s SWIFT, BSB, BIC or IBAN. This information is available from your financial institution’s website.
Collecting cash. Provide your name and the transaction reference number to collect cash from an agent like Western Union. Note that cash payment services can also deposit funds into a bank account.
PayPal transfers. If someone in Albania wants to send you a PayPal payment. The sender can find your account if you give them your email address or phone number. Once you receive the money, you can transfer the funds to your bank account and then make a withdrawal.
Have a look at these options if you’re looking to get cash to Albania in an emergency.
International cash payment. International cash payment companies such as Western Union or MoneyGram can send cash to Albania in minutes. You can send a cash payment by logging on to the provider’s website. Pay using card for an almost instant cash transfer to an Albanian collection agent.
Emergency cash. Card schemes such as Visa or Mastercard can provide emergency cash if your card is lost or stolen. The funds in your account up to your available credit limit can be issued as cash to collect from a bank or cash agent in as little as a day.
Travel insurance. You may be eligible to receive an emergency cash benefit from your travel insurance provider for some covered events. Your travel insurance product disclosure document outlines when an emergency cash benefit can be paid.
Cash pickup locations in Albania / Western Union / MoneyGram branches in Albania
Have a look at the different Western Union and MoneyGram agents in Albania. Many banks act as Western Union and MoneyGram agents in Albania’s major cities.
Glei Exchange Sheshi Sulejman Pasha Ndertesa Nr 2 Hyrja Nr 3, Tirane, Albania, 1001 Open Monday to Saturday 8.00AM to 7.00PM +355 4 2234979
ALB Kredit Rr Ded Gjo Luli, Tirane, Albania, 1001 Open Monday to Friday 8.00AM to 2.00PM Open Saturday 9.00AM to 12.00PM +355 4 2234979
GFU AL Lagjia Luigj Gurakuqi Pall 75 Kati I Ap 1, Elbasan, Albania, 3001 Open Monday to Saturday 8.00AM to 7.00PM +355 4 2234979
Union Elbasani Rr 11 Nentori P 70, Elbassan, Albania, 3001 Open Monday to Friday 8.00AM to 6.00PM Open Saturday 8.00AM to 1.00PM Open Sunday 9.00AM to 12.00PM +355 4 2234979
Banka Societe Generale Albania Lagjja. 3 Sheshi Ilira Egt Tower Kati Dyte, Durrës, 2000 Open Monday to Friday 8.30AM to 3.30PM +355 0 52237157
BKT - Dega Plazhi Durrës Lagija 13 RR Tre Vellezerit Thanasi Plazh, Durrës, 2008. Open Monday to Friday 8.30AM to 3.30PM +355 5 2263415
Raiffeisen Bank - Dega - Vlorë - 006 Lagjia Bulevardi Ismail Qemali, Vlorë Open Monday to Friday 8.30AM to 4.30PM Open Saturday 8.30AM to 1.00PM
First Investment Bank lagjia pavarsia Portia Detar, Vlorë 9402 Open Monday to Friday 8.00AM to 5.00PM
Smarttraveller.gov.au advises Australians should exercise a normal degree of caution in Albania. While pickpocketing and petty theft do occur, instances of violent crime against Australians in Albania are rare. Travel in a group if you’re picking up cash. You may also want to ask your hotel for an escort. They may be able to assist you or at least offer some advice on the current local situation.
What are the steps to send money to Albania?
To make an overseas telegraphic transfer from your bank account, log on to your internet banking and look for the option that lets you make an international payment. You’ll need to add the payee as a beneficiary if this your first payment. You’ll need to provide the payee’s details such as the SWIFT code, BIC, bank account number. Most financial institutions lets you do a search for a bank using the bank name or SWIFT code. Ensure you have all the right information so the funds get to the right account.
Money transfer company
Register for an account to use the services of one of the companies compared on this page. It’s free and it can completed in a couple of minutes. Provide the following about yourself:
Identification — some providers may ask for a faxed or emailed copy of your passport or licence and a utility bill.
You should be issued with a tracking number or code. You can use this information to check on the status of your funds transfer to Albania.
If you have any questions about the comparison on this page, feel free to ask us a question. We can’t provide personal or financial advice, but we’re happy to help aid your comparison of products you can use to send money to Albania.
Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
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