Hi! I need to receive 40$ in Albania from a friend in London, UK. How much should he send(costs included) so that I can receive 40$? I read about fees but I didn't understand them.
Since Albania can send/receive friends and family payments, it’s free for you to receive when no currency conversion is necessary. Currency conversion fee built into the exchange rate is 3.0%. The sender will have to pay 5% of the transaction amount (The minimum fee is GBP 0.99 and the maximum fee is GBP 2.99), plus any applicable currency conversion fees to send in USD currency.
