Compare today's ALL to SOS (Albanian Lek to Somali Shilling) exchange rates
Interbank Exchange Rate: 1 ALL = 6.9739 SOS
Updated about an hour ago
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All you need to know about Albanian Lek to Somali Shilling money transfers
Easily compare money transfer providers in one place to send money from Albania to Somalia. Send money overseas to your loved ones by comparing Albanian Lek (ALL) to Somali Shilling (SOS) 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.
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Latest ALL to SOS Conversion Rates
Here are some latest ALL to SOS (Albanian Lek to Somali Shilling) exchange rates for popular conversion amounts*.
| 1 ALL | 6.97 SOS |
| 5 ALL | 34.87 SOS |
| 10 ALL | 69.74 SOS |
| 25 ALL | 174.35 SOS |
| 50 ALL | 348.70 SOS |
| 100 ALL | 697.39 SOS |
| 150 ALL | 1,046.09 SOS |
| 200 ALL | 1,394.78 SOS |
| 250 ALL | 1,743.48 SOS |
| 300 ALL | 2,092.17 SOS |
| 400 ALL | 2,789.56 SOS |
| 500 ALL | 3,486.95 SOS |
| 600 ALL | 4,184.34 SOS |
| 700 ALL | 4,881.73 SOS |
| 800 ALL | 5,579.12 SOS |
| 1,000 ALL | 6,973.90 SOS |
| 1,500 ALL | 10,460.85 SOS |
| 2,000 ALL | 13,947.80 SOS |
| 2,500 ALL | 17,434.75 SOS |
| 3,000 ALL | 20,921.70 SOS |
| 4,000 ALL | 27,895.60 SOS |
| 5,000 ALL | 34,869.50 SOS |
| 10,000 ALL | 69,739.00 SOS |
| 15,000 ALL | 104,608.50 SOS |
| 20,000 ALL | 139,478.00 SOS |
| 30,000 ALL | 209,217.00 SOS |
| 40,000 ALL | 278,956.00 SOS |
| 50,000 ALL | 348,695.00 SOS |
| 100,000 ALL | 697,390.00 SOS |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Albania to Somalia money transfers?
There are many good choices when it comes to sending money from Albania to Somalia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Albanian Lek to SOS money transfers.We compare different remittance companies to bring you the best options to send money to Somalia from Albania. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Albanian Lek to Somali Shilling money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best rate to transfer money to Somalia 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 Somalia from Albania.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ALL to Somali Shilling 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 SOS 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 from Albania to Somalia?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Albania to Somalia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Albanian Lek to Somali Shilling remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Albania to Somalia exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for ALL to SOS remittances.
Should I use my bank to transfer money from Albania to Somalia?
Bank transfers have been a traditionally popular way to send money overseas from Albania to Somalia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ALL to SOS exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Albania bank for your Somalia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to do a money transfer to Somalia from Albania?
The speed of your Albanian Lek to Somali Shilling funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ALL to SOS. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Somalia from Albania is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Somalia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout SOS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Albania bank to Somalia bank transfer.
Which are the best money transfer companies to send money to Somalia 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 Somalia, 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 Somali Shilling 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 SOS money transfers to Somalia. 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 Somalia getting more money for every Albanian Lek you send.
Step by step guide to send money from Albania to Somalia
Follow the below easy steps to send money to Somalia 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 Somalia).
- 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.
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.