The 20 year-old Albanian is a product of the Oxford City youth set-up and was part of the Oxford City Nomads Hellenic League Championship winning team of season 2011/12.
He joined Banbury for the first time in November 2012 making 35 appearances and scoring 12 goals in the remainder of last season.
Albi moved back to Oxford City prior to the start of this season but having found opportunities with the Conference North side limited has now opted to have a second spell at the Spencer Stadium.
The paperwork was all completed this morning and he is available for selection for tomorrow's home game against Redditch United.