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

South Korea
Albania
KRW

Interbank Exchange Rate: 1 KRW = 0.0563 ALL
Updated about an hour ago

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

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

Were you looking to send money from Albania to South Korea 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 KRW to ALL Conversion Rates

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

1 KRW0.06 ALL
5 KRW0.28 ALL
10 KRW0.56 ALL
25 KRW1.41 ALL
50 KRW2.82 ALL
100 KRW5.63 ALL
150 KRW8.45 ALL
200 KRW11.26 ALL
250 KRW14.08 ALL
300 KRW16.89 ALL
400 KRW22.52 ALL
500 KRW28.15 ALL
600 KRW33.78 ALL
700 KRW39.41 ALL
800 KRW45.04 ALL
1,000 KRW56.30 ALL
1,500 KRW84.45 ALL
2,000 KRW112.60 ALL
2,500 KRW140.75 ALL
3,000 KRW168.90 ALL
4,000 KRW225.20 ALL
5,000 KRW281.50 ALL
10,000 KRW563.00 ALL
15,000 KRW844.50 ALL
20,000 KRW1,126.00 ALL
30,000 KRW1,689.00 ALL
40,000 KRW2,252.00 ALL
50,000 KRW2,815.00 ALL
100,000 KRW5,630.00 ALL

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


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

It can be very confusing when sending money from South Korea to Albania given so many choices. Additionally, South Korean Won to ALL exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose South Korea to Albania as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Albania from South Korea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for South Korean Won to Albanian Lek remittances.


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

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Albania.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your South Korea to Albania transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your KRW to Albanian Lek money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

When you want to send money to Albania from South Korea, 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 KRW 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 South Korea 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 South Korea 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.


How to send money to Albania from South Korea through a bank?

We do not recommend using your local bank in South Korea for your next KRW to ALL 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 South Korea to Albania (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 ALL to Albania. These companies will let you use your local bank account in South Korea to pay for your Albania 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 do a money transfer to Albania from South Korea?

If you need to convert KRW to ALL as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from South Korea to Albania could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your South Korean Won to Albanian Lek funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Albania.

With so many choices available, make sure to compare various forex operators that enable you to remit money from South Korea to Albania. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the South Korean Won to Albanian Lek 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 South Korea that may also be able to send money to Albania. 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 KRW to ALL money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Albania gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next South Korea to Albania transaction.


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

There are many important aspects of South Korea to Albania remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - South Korea bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ALL bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much South Korean Won amount you want to send from South Korea.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Albania to validate that they get the money once the transaction clears.