Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ALL to MYR (Albanian Lek to Malaysian Ringgit) exchange rates

Albania
Malaysia
ALL
Interbank Exchange Rate: 1 ALL = 0.0498 MYR
Updated about an hour ago

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All you need to know about Albanian Lek to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Albania to Malaysia. Send money overseas to your loved ones by comparing Albanian Lek (ALL) to Malaysian Ringgit (MYR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Were you looking to send money from Malaysia to Albania instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest ALL to MYR Conversion Rates

Here are some latest ALL to MYR (Albanian Lek to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 ALL0.05 MYR
5 ALL0.25 MYR
10 ALL0.50 MYR
25 ALL1.24 MYR
50 ALL2.49 MYR
100 ALL4.98 MYR
150 ALL7.47 MYR
200 ALL9.96 MYR
250 ALL12.45 MYR
300 ALL14.94 MYR
400 ALL19.92 MYR
500 ALL24.90 MYR
600 ALL29.88 MYR
700 ALL34.86 MYR
800 ALL39.84 MYR
1,000 ALL49.80 MYR
1,500 ALL74.70 MYR
2,000 ALL99.60 MYR
2,500 ALL124.50 MYR
3,000 ALL149.40 MYR
4,000 ALL199.20 MYR
5,000 ALL249.00 MYR
10,000 ALL498.00 MYR
15,000 ALL747.00 MYR
20,000 ALL996.00 MYR
30,000 ALL1,494.00 MYR
40,000 ALL1,992.00 MYR
50,000 ALL2,490.00 MYR
100,000 ALL4,980.00 MYR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Albania to Malaysia?

With the global remittance market booming, there are so many choices for Albanian Lek to MYR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Malaysia from Albania. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MYR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Albania to Malaysia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Malaysia from Albania.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ALL to Malaysian Ringgit remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for ALL to MYR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Albania to Malaysia?

One of the most important things to watch out for is hidden fees when sending money to Malaysia from Albania. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Malaysia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malaysian Ringgit foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ALL to Malaysia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Malaysia from Albania.


How to send money to Malaysia from Albania through a bank?

We do not recommend using your local bank in Albania for your next ALL to MYR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Albania to Malaysia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MYR to Malaysia. These companies will let you use your local bank account in Albania to pay for your Malaysia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Albania to Malaysia?

It could be a stressful experience if you need to rush money quickly from Albania to Malaysia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert ALL to MYR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malaysian Ringgit. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Albania to Malaysia money transfers.


Which are the best money transfer companies to send money to Malaysia from Albania?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Albania to Malaysia, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Albanian Lek to Malaysian Ringgit exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MYR money transfers to Malaysia. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Malaysia getting more money for every Albanian Lek you send.


Step by step guide to do a money transfer from Albania to Malaysia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Albania to Malaysia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Albania to Malaysia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Malaysia where they can receive monies in Malaysian Ringgit.
  • Then, provide details of your Albania bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your ALL travel to another part of the globe.