How to send money to Algeria
Learn how to send money to Algeria with the best exchange rate in a few easy steps
1. See if the Algerian dinar exchange rate is favorable
Even though the evolution of the exchange rate is fluctuating, it can help you save money to stay on top of it in order to maximize how many you will receive for your money. You should set-up exchange rate email alerts to track the DZD mid-market rate against your currency.
2. Go with the most interesting option by comparing the available money transfer companies.
There are 7 services to transfer money to Algeria, such as TransferWise, Western Union, MoneyGram, Ria, PostFinance. Get the most of your transfer by comparing them all and find the most competitive deal for your upcoming transfer.
3. Pick the best service that suits your needs
Pick money transfer company with the overall most competitive cost, fastest transfer speed, highest reviews, or other criteria.
It is also important to have a look at the pay-in/out methods. You may have the possibility to transfer the money by bank transfer or by credit or debit cards. In Algeria, you can decide if your want the money to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.
4. Sign up and start your transaction to Algeria with the service of your choice
It is now time to sign up on the provider's website - be ready to give an ID document and/or a proof of adress - and get started with your transaction.