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

Compare today's ALL to EUR (Albanian Lek to Euro) exchange rates

Albania
Montenegro
ALL

Interbank Exchange Rate: 1 ALL = 0.0105 EUR
Updated about an hour ago

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All you need to know about Albanian Lek to Euro money transfers

Easily compare money transfer providers in one place to send money from Albania to Montenegro. Send money overseas to your loved ones by comparing Albanian Lek (ALL) to Euro (EUR) 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.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Albania.

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

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.

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.


Latest ALL to EUR Conversion Rates

Here are some latest ALL to EUR (Albanian Lek to Euro) exchange rates for popular conversion amounts*.

1 ALL0.01 EUR
5 ALL0.05 EUR
10 ALL0.11 EUR
25 ALL0.26 EUR
50 ALL0.53 EUR
100 ALL1.05 EUR
150 ALL1.58 EUR
200 ALL2.10 EUR
250 ALL2.63 EUR
300 ALL3.15 EUR
400 ALL4.20 EUR
500 ALL5.25 EUR
600 ALL6.30 EUR
700 ALL7.35 EUR
800 ALL8.40 EUR
1,000 ALL10.50 EUR
1,500 ALL15.75 EUR
2,000 ALL21.00 EUR
2,500 ALL26.25 EUR
3,000 ALL31.50 EUR
4,000 ALL42.00 EUR
5,000 ALL52.50 EUR
10,000 ALL105.00 EUR
15,000 ALL157.50 EUR
20,000 ALL210.00 EUR
30,000 ALL315.00 EUR
40,000 ALL420.00 EUR
50,000 ALL525.00 EUR
100,000 ALL1,050.00 EUR

*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 Montenegro?

Sending money internationally to Montenegro from Albania can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Albanian Lek to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Montenegro. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.


How to get the best rate to transfer money to Montenegro from Albania?

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 Montenegro from Albania.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ALL to Euro 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 EUR 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 send money to Montenegro from Albania?

The final amount your recipient gets when you send ALL to EUR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Albania to Montenegro used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Euro is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Albanian Lek to Montenegro exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low ALL to EUR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Albania to Montenegro money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Montenegro from Albania. They do this by letting you fund your transaction through your local bank account in Albania, and by allowing you to choose the payout to be your recipient's bank account in Montenegro. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Albania to Montenegro fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Albania to Montenegro. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert ALL to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Albanian Lek amount reaching Montenegro. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Montenegro, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Montenegro from Albania?

Since the Albanian Lek to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Albania that may also be able to send money to Montenegro. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your ALL to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Montenegro gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Albania to Montenegro transaction.


Step by step guide to send money from Albania to Montenegro

Follow the below easy steps to send money to Montenegro from Albania.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Albania bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Montenegro).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your ALL to EUR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.