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

Compare today's ALL to KRW (Albanian Lek to South Korean Won) exchange rates

Albania
South Korea
ALL

Interbank Exchange Rate: 1 ALL = 17.8402 KRW
Updated about an hour ago

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All you need to know about Albanian Lek to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from Albania to South Korea. Send money overseas to your loved ones by comparing Albanian Lek (ALL) to South Korean Won (KRW) 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 South Korea 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 KRW Conversion Rates

Here are some latest ALL to KRW (Albanian Lek to South Korean Won) exchange rates for popular conversion amounts*.

1 ALL17.84 KRW
5 ALL89.20 KRW
10 ALL178.40 KRW
25 ALL446.01 KRW
50 ALL892.01 KRW
100 ALL1,784.02 KRW
150 ALL2,676.03 KRW
200 ALL3,568.04 KRW
250 ALL4,460.05 KRW
300 ALL5,352.06 KRW
400 ALL7,136.08 KRW
500 ALL8,920.10 KRW
600 ALL10,704.12 KRW
700 ALL12,488.14 KRW
800 ALL14,272.16 KRW
1,000 ALL17,840.20 KRW
1,500 ALL26,760.30 KRW
2,000 ALL35,680.40 KRW
2,500 ALL44,600.50 KRW
3,000 ALL53,520.60 KRW
4,000 ALL71,360.80 KRW
5,000 ALL89,201.00 KRW
10,000 ALL178,402.00 KRW
15,000 ALL267,603.00 KRW
20,000 ALL356,804.00 KRW
30,000 ALL535,206.00 KRW
40,000 ALL713,608.00 KRW
50,000 ALL892,010.00 KRW
100,000 ALL1,784,020.00 KRW

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


What's the best way to send money from Albania to South Korea?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Albania to South Korea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Albanian Lek to KRW.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send ALL to KRW in South Korea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to South Korea from Albania. We provide you with maximum choices to send money to South Korea by comparing competing money transfer companies thereby making you the winner in the end.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Korea from Albania. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your ALL to South Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Albania to South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to South Korea from Albania?

One of the most important things to watch out for is hidden fees when sending money to South Korea 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 South Korea using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your South Korean Won foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ALL to South Korea 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 South Korea from Albania.


Should I use my bank to send money from Albania to South Korea?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Albania to South Korea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like ALL to KRW transfers.

Given this, there are umpteen additional options to send money to South Korea instead of just your Albania bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Albanian Lek even more so that your recipient in South Korea gets the maximum amount.


What is the fastest way to do a money transfer to South Korea from Albania?

The speed of your Albanian Lek to South Korean Won 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 KRW. 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 South Korea 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 South Korea 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 KRW into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Albania bank to South Korea bank transfer.


Which are the best money transfer companies to transfer money from Albania to South Korea?

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 South Korea, 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 South Korean Won 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 KRW money transfers to South Korea. 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 South Korea getting more money for every Albanian Lek you send.


Step by step guide to send money to South Korea from Albania

With so many possible ways to transfer Albanian Lek to South Korean Won, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Albania to South Korea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Albania and the receiver in South Korea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your ALL to South Korean Won money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.