Compare the best ways to send money from Canada to Turkey

Q: How much money can be transferred from Canada to Turkey?

The amount of TRY you can receive from Canada will vary depending on which provider you use. Some providers specialize in smaller transfers, while others are more suited to large transfers.You should also check if there are any government regulations around how many TRY can be received in Turkey before making your transfer.

Q: Are there any tax implications to sending money from Canada to Turkey?

Each country will have its own set of tax laws and rules for receiving money from abroad. Turkish Liras or Canadian Dollars sent for business purposes between could be taxed as foreign income. If you’re looking to receive a large amount of Turkish Liras from abroad, you should check how much you can receive in Turkey without paying taxes. If you're not sure how the tax process works locally, contact your local tax office or speak to a tax professional.

Q: Can I send money from Canada to Turkey with MoneyTransfers.com?

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers to transfer money online between Canada, Turkey, and many other countries.

Q: What are the typical transfer fees for sending Canadian Dollars to Turkey through various providers?

Transfer fees can vary significantly depending on your chosen provider. That's why you should compare the fees of different services to ensure you get the best deal when sending Canadian Dollars to Turkey.Our data shows that the cheapest way to send money online between Canada and Turkey is WorldRemit.Over the past six months, the most common transfer fee applied by WorldRemit for CAD to TRY transactions has been $7.99. This is -2329% less than the second-best option available.

Q: How long does it take to send money from Canada to Turkey?

The delivery time for international transfers can vary. Some services offer instant or same-day transfers, while others might take several business days. The speed may also depend on the CAD and TRY transaction volumes.According to our data, the fastest way to send money online between Canada and Turkey is Paysend.Over the past six months, Paysend emerged as the fastest service in 42.9% of the searches performed by our users and staff.

Q: What is the best exchange rate I can get for sending money from Canada to Turkey?

Exchange rates fluctuate frequently. To get the best rate for converting CAD to TRY, compare the rates offered by different providers against the mid-market rate. Right now, the CAD to TRY is 24.6852.

Q: Are there any minimum or maximum transfer amounts for sending money from Canada to Turkey?

Providers often set minimum and maximum transfer limits. These can vary significantly, so it’s worth checking what limits apply for transfers from Canada to Turkey before proceeding.

Q: Can I schedule regular transfers between Canada and Turkey?

Many services allow you to set up scheduled, recurring transfers. This can be especially useful for regular financial commitments across borders.

Get the best deals when you transfer from Canada to Turkey. Find the cheapest, fastest, and most reliable providers with the best CAD to TRY exchange rates.

Read on for the best deals, expert information, and all you need to send money to Turkey from Canada.

Affiliate Disclosure

Overall best option: Wise

Wise is our recommended company for sending money to Turkey from CAD.

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.

Visit Wise Read Review

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
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

Top rated for transfers from Canada to Turkey

Total number of CA - TR providers

Average cheapest fees & rate

Average fastest transfer

Average transfer time

Within minutes

Best for bank transfers

Best for debit card

Best for credit card

Important things to consider before sending money from Canada to Turkey

Compare providers

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.

Think about the Canada to Turkey exchange rate

Choose the right payment method

Keep your money safe

Consider transfer limits

How to receive money in Turkey

Have your ID ready

Don't forget about taxes

Cheapest way to send money to Turkey from Canada: Cambridge Currencies

Cambridge Currencies offers the cheapest combination of low fees and competitive exchange rates of the 16 providers we compared.

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.

Visit Cambridge Currencies

Fastest way to send money to Turkey from Canada: Paysend

We compared 16 companies and found Paysend offers the fastest money transfers between Canada and Turkey.

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.

Visit Paysend Read Review

Transferring large sums of money

For transfers of larger amounts of Turkish Liras to Turkey picking a provider with a competitive exchange rate and hands on management can make a huge difference.

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.

Visit Wise Read Review

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 24.6852 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 24.5235 TRY per Canadian Dollar. This hit a high of 25.1718, and a low of 23.6465.
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.

Mid-market Rate

= 24.685218 TRY

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 24.5235.
During this period, the highest value recorded was 25.1718, while the lowest was 23.6465.
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?

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.