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

Compare today's BAM to ALL (Convertible Mark to Albanian Lek) exchange rates

Bosnia and Herzegovina
Albania
BAM

Interbank Exchange Rate: 1 BAM = 49.3918 ALL
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Convertible Mark to Albanian Lek money transfers

Easily compare money transfer providers in one place to send money from Bosnia and Herzegovina to Albania. Send money overseas to your loved ones by comparing Convertible Mark (BAM) to Albanian Lek (ALL) 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 Bosnia and Herzegovina.

Were you looking to send money from Albania to Bosnia and Herzegovina 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 BAM to ALL Conversion Rates

Here are some latest BAM to ALL (Convertible Mark to Albanian Lek) exchange rates for popular conversion amounts*.

1 BAM49.39 ALL
5 BAM246.96 ALL
10 BAM493.92 ALL
25 BAM1,234.80 ALL
50 BAM2,469.59 ALL
100 BAM4,939.18 ALL
150 BAM7,408.77 ALL
200 BAM9,878.36 ALL
250 BAM12,347.95 ALL
300 BAM14,817.54 ALL
400 BAM19,756.72 ALL
500 BAM24,695.90 ALL
600 BAM29,635.08 ALL
700 BAM34,574.26 ALL
800 BAM39,513.44 ALL
1,000 BAM49,391.80 ALL
1,500 BAM74,087.70 ALL
2,000 BAM98,783.60 ALL
2,500 BAM123,479.50 ALL
3,000 BAM148,175.40 ALL
4,000 BAM197,567.20 ALL
5,000 BAM246,959.00 ALL
10,000 BAM493,918.00 ALL
15,000 BAM740,877.00 ALL
20,000 BAM987,836.00 ALL
30,000 BAM1,481,754.00 ALL
40,000 BAM1,975,672.00 ALL
50,000 BAM2,469,590.00 ALL
100,000 BAM4,939,180.00 ALL

*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 Bosnia and Herzegovina to Albania?

With the global remittance market booming, there are so many choices for Convertible Mark to ALL 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 Albania from Bosnia and Herzegovina. 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 ALL 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 Bosnia and Herzegovina to 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 Albania from Bosnia and Herzegovina.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your BAM to Albanian Lek 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 BAM to ALL 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 Bosnia and Herzegovina to Albania?

When you want to send money to Albania from Bosnia and Herzegovina, you obviously want the cheapest possible option to maximize the money your recipient gets in Albanian Lek. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your BAM to ALL money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Bosnia and Herzegovina to Albania. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Bosnia and Herzegovina to Albania exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Albanian Lek overseas.


Should I use my bank to send money from Bosnia and Herzegovina to Albania?

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 BAM to ALL 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 Bosnia and Herzegovina to Albania 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 Albania from Bosnia and Herzegovina. They do this by letting you fund your transaction through your local bank account in Bosnia and Herzegovina, and by allowing you to choose the payout to be your recipient's bank account in Albania. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Bosnia and Herzegovina to Albania fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Bosnia and Herzegovina to Albania. 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 BAM to ALL 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 Convertible Mark amount reaching Albania. 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 Albanian Lek quickly to Albania, 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 send money to Albania from Bosnia and Herzegovina?

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 Bosnia and Herzegovina to Albania, 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 Convertible Mark to Albanian Lek 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 ALL money transfers to Albania. 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 Albania getting more money for every Convertible Mark you send.


Step by step guide to transfer money to Albania from Bosnia and Herzegovina

Follow the below easy steps to send money to Albania from Bosnia and Herzegovina.

  • 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 Bosnia and Herzegovina bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Albania).
  • 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 BAM to ALL 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.