How to send money to Algeria
Discover how to make a money transfer to Algeria with the best providers in four easy steps
1. Make sure the Algerian dinar mid-market rate is favorable
Even though the currency market is unforseeable, it is a good idea to follow it in order to maximize how many you get after the conversion. Frequently check the evolution of the Algerian dinar exchange rate and validate your transaction when the DZD rate gets to a specific level.
2. Select the best deal by comparing the available services.
Monito compares many money transfer companies able to send money to Algeria, such as TransferWise, Western Union, MoneyGram, Ria, PostFinance. Sending money with the right money transfer provider from the available options is the best way to save money.
3. Pick the best provider for your needs
Which criteria is the most important for you? Fees and exchange rate, speed of the transaction, number of positive evaluations? Examine the pros and cons before making your decision.
In addition, it is important to pay attention to the options to pay for the transfer and receive the money. Customers often have the choice to pay for your transfer by transferring the money from your bank account or by cards (credit or debit). In Algeria, select the right option, whether you need the money to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and start your transfer to Algeria with the provider you selected
The last step is to complete the sign-up form on the provider's website - be prepared to give an offical ID and/or a proof of adress - and provide the details of your money transfer to Algeria.