Send money to Algeria

What is the best DZD exchange rate today?

Send money internationally to Algeria (DZD) using the mid-market exchange rate. Check and compare the rates from the major financial providers.

The true cost of sending USD to DZD

How much does it cost to send money to Algeria?

  • International money transfers shouldn’t be expensive.
  • Make sure your provider doesn’t add hidden fees or bad exchange rates to your money transfer.
  • You should choose a provider that uses the mid-market exchange rate to convert your money.

What are the payments methods to send money to Algeria?

The available payment methods for your international transfer may vary. Most of the times these should be:

  • Debit Card.
  • Credit Card.
  • Bank Transfer.

How long does it take to send money to Algeria?

How long does an international transfer take? It mostly depends on:

  • Countries you send from and to.
  • Public holidays or weekends.
  • Payment methods.
  • Potential security checks.

Who sends money to Algeria?

Many Algerians are actually living outside their country

According to the UN department, 1.7 million of Algerians are residing abroad, of which almost the totality are in France (1.4 million). Then they are in other European countries, in the United States of America and in other Maghreb countries: Morocco and Tunisia).

People with Algerian origin who were born overseas

These people still have relatives and strong links to their country of origin and so they send money there.

How much does it cost to send money to Algeria?

A lot of companies offer transfers to Algeria. However be aware of the cost of moving money there. It is very expensive to move money to Algeria. Banks and money transfer companies all have their own policy regarding the fees. Some of them charge a transaction fee while others don't charge a flat fee but provide an unfavorable currency exchange rate compared to the official market exchange rate.

What are the options to receive cash in Algeria?

You may be in urgent need of cash while traveling to Algeria, especially because the credit or debit card won't be accepted in the majority of areas there. What can you do in that case? Withdrawing cash at an ATM is of course possible but your bank will charge you a huge fee to convert your money into Algerian Dinar. You can use a cash transfer operator such as Western Union, MoneyGram or WorldRemit. This is not the cheapest option but you can collect the cash almost instantly at any agency of the operator chosen.

What are the solutions to wire money on a bank account in Algeria?

Ask your bank to do an international transfer to Algeria. It is not sure that it allows to convert money into Algerian Dinar and if it does check the fees charged. Banks are very expensive because they offer a low exchange rate. Banks offer a low exchange rate because they have huge structural costs that they need to cover. Customers pay for them. If your bank has an international branch in Algeria it might be advantageous.

You can also use a money transfer operator. The market is competitive so plenty of money transfer providers provide transfers to Algeria. Each one has its own fees, transfer methods and delays so that the best way to find the cheapest solution is to compare all these solutions.