Companies for transfers to Turkey
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall best option: Wise
Of the 16 companies that support CAD to TRY, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Canada to Turkey searches, consistently scoring as one of the best ways to send CAD to TRY.
So for a great mix of cost, speed & features, send Canadian Dollars to Turkey using Wise.
How to get the best deal on your Canada to Turkey transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Turkey.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Turkey
Don't settle for the first option. Always compare ways to send money from Canada to Turkey to find out about fees, speed, and reliability.
Our analysis included 16 providers that operate between Canada and Turkey.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Turkey.
Cheapest way to send money to Turkey from Canada: Cambridge Currencies
They offer an average fee of 7.99* CAD and exchange rate between CAD-TRY that is 0.25% different to the mid-market rate.
In comparison, Cambridge Currencies is -2329% cheaper than the second-best option.
To secure affordable and great rates on a CAD to Turkey transfer, Cambridge Currencies is our recommended choice.
*The most common fee applied to CAD-TRY by Cambridge Currencies, based on data from the past six months.
Fastest way to send money to Turkey from Canada: Paysend
Our comparison shows Paysend is the fastest option for sending Canadian Dollar into Turkish Lira 42.9% of the time. For urgent CAD to TRY money transfers, they’re our recommended choice.
A CAD-Turkish Lira transfer through Paysend comes with an average 0 CAD fee.
To ensure Paysend was the 'fastest' option we compared 16 providers. This comparison was for overall speed of sending money from Canada to Turkey and is a combination of depositing Canadian Dollar, transfer times to Turkey and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into Turkey from Canada.
Transferring large sums of money
Of the 16 money transfer companies tested, Wise is the strongest option for large transfers from Canada to Turkey.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Canada to Turkey can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to CAD because they offer a strong all-round product.
Understanding the costs involved when moving money from Canada to Turkey
The total cost of money transfers to Turkey from Canada, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for CAD-TRY is 24.4437 TRY per Canadian Dollar.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Turkish Lira for your Canadian Dollars.
On average for the last three months, the CAD-TRY mid-market rate has been 24.911 TRY per Canadian Dollar. This hit a high of 25.1718, and a low of 24.6343.
From the 16 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CAD to TRY.
Fees: Some money transfers between Canada and Turkey will be subject to fees. WorldRemit has had an average fee of 7.99 CAD per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Turkish Lira eventually received in Turkey.
This number should guide you, as a higher amount of money received in Turkey means a better overall cost of sending money from Canada.
How to find the best exchange rate for Canada to Turkey
Timing is essential for sending money between CAD and TRY. The exchange rate you secure impacts how much TRY you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to TRY has seen some fluctuation. On average, it stood at 24.911.
During this period, the highest value recorded was 25.1718, while the lowest was 24.6343.
Wise, which is our recommended service to send money online from Canada to Turkey offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Turkish Lira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Turkey!
Payment methods available to fund your Canada to Turkey transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Turkey.
By using a money transfer company such as Cambridge Currencies for transfers from Canada to Turkey, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Cambridge Currencies is the cheapest provider for bank transfers from the 16 we tested when sending CAD to Turkey.
With an average fee of CAD0 to send money from Canada to Turkey, Cambridge Currencies offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Turkey with a debit or a prepaid card is very simple with Xe.
Xe is a leader in debit card payments for transfers from Canada to Turkey, competing among a total of 16 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Turkey, Xe emerges as our top choice of the 16 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Turkey and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Turkey.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to TRY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
