How to send money to Turkey from Germany with the best EUR-TRY rate

Key Currency is the best and cheapest service overall. On €7.000 you will get 393.832,30 TRY after fees and the exchange rate.

We’ve compared 11 money transfer companies in more detail below.

Best companies for EUR/TRY transfers

11 of 11 providers

Last updated on 10 November 2026

Based on 7,000 EUR transfer

Best companies for EUR/TRY transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €33.16 1 EUR = 56.3961 TRY +0.01% vs mid-market Recipient gets ₺392,902.61 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Türkiye with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€33.161 EUR = 56.3961 TRY
₺392,902.61You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 55.5678 TRY +1.49% vs mid-market Recipient gets ₺388,974.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Türkiye with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 55.5678 TRY
₺388,974.60You pay€7,000.00

Run a live search

Showing top Germany to Turkey deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 56.2618 TRY +0.25% vs mid-market Recipient gets ₺393,832.30 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Türkiye with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 56.2618 TRY
₺393,832.30You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 56.2505 TRY +0.27% vs mid-market Recipient gets ₺393,753.34 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Türkiye with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 56.2505 TRY
₺393,753.34You pay€7,000.00

Wise

Pay via Bank transfer
Fee €33.16 1 EUR = 56.3961 TRY +0.01% vs mid-market Recipient gets ₺392,902.61 Within minutes
Our top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Türkiye with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€33.161 EUR = 56.3961 TRY
₺392,902.61You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 56.1208 TRY +0.50% vs mid-market Recipient gets ₺392,845.25 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Türkiye with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 56.1208 TRY
₺392,845.25You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 56.1200 TRY +0.50% vs mid-market Recipient gets ₺392,840.00 Minutes
Receive to bank account

Ways to receive money in Türkiye with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 EUR = 56.1200 TRY
₺392,840.00You pay€7,000.00
Mobile walletMinutesAvailable via:Paycell, Uption
Free1 EUR = 56.1200 TRY
₺392,840.00You pay€7,000.00
Cash pickupMinutesAvailable via:UPT
Free1 EUR = 56.1200 TRY
₺392,840.00You pay€7,000.00

Wise

Pay via iDEAL
Fee €43.31 1 EUR = 56.3961 TRY +0.01% vs mid-market Recipient gets ₺392,330.18 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Türkiye with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€43.311 EUR = 56.3961 TRY
₺392,330.18You pay€7,000.00

Currencies Direct

Pay via Bank transfer
Fee €0.00 1 EUR = 56.0333 TRY +0.66% vs mid-market Recipient gets ₺392,233.10 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Türkiye with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 56.0333 TRY
₺392,233.10You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €31.00 1 EUR = 56.0943 TRY +0.55% vs mid-market Recipient gets ₺390,921.12 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Türkiye with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€31.001 EUR = 56.0943 TRY
₺390,921.12You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Debit card
Fee €88.21 1 EUR = 56.3961 TRY +0.01% vs mid-market Recipient gets ₺389,798.00 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Türkiye with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€88.211 EUR = 56.3961 TRY
₺389,798.00You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €2.99 1 EUR = 55.6239 TRY +1.39% vs mid-market Recipient gets ₺389,367.30 Minutes - 24 hours

Ways to receive money in Türkiye with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€2.991 EUR = 55.6239 TRY
₺389,367.30You pay€7,002.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€0.901 EUR = 55.4395 TRY
₺388,076.50You pay€7,000.90
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 EUR = 55.3606 TRY
₺387,524.20You pay€7,000.00
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€3.991 EUR = 53.3890 TRY
₺373,723.00You pay€7,003.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €2.99 1 EUR = 55.6239 TRY +1.39% vs mid-market Recipient gets ₺389,367.30 Minutes - 24 hours

Ways to receive money in Türkiye with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€2.991 EUR = 55.6239 TRY
₺389,367.30You pay€7,002.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€0.901 EUR = 55.4395 TRY
₺388,076.50You pay€7,000.90
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 EUR = 55.3606 TRY
₺387,524.20You pay€7,000.00
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€3.991 EUR = 53.3890 TRY
₺373,723.00You pay€7,003.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €2.99 1 EUR = 55.6239 TRY +1.39% vs mid-market Recipient gets ₺389,367.30 Minutes - 24 hours

Ways to receive money in Türkiye with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
€2.991 EUR = 55.6239 TRY
₺389,367.30You pay€7,002.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€0.901 EUR = 55.4395 TRY
₺388,076.50You pay€7,000.90
Mobile walletMinutes - 24 hoursAvailable via:Select Wallets
Free1 EUR = 55.3606 TRY
₺387,524.20You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 55.6131 TRY +1.40% vs mid-market Recipient gets ₺389,291.88 Minutes - 2 days

Ways to receive money in Türkiye with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 55.6131 TRY
₺389,291.88You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 55.5678 TRY +1.49% vs mid-market Recipient gets ₺388,974.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Türkiye with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 55.5678 TRY
₺388,974.60You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 55.5678 TRY +1.49% vs mid-market Recipient gets ₺388,974.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Türkiye with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 55.5678 TRY
₺388,974.60You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 55.5678 TRY +1.49% vs mid-market Recipient gets ₺388,974.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Türkiye with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 55.5678 TRY
₺388,974.60You pay€7,000.00

Deutsche Bank

Pay via Bank transfer
Fee €37.05 1 EUR = 55.8485 TRY +0.99% vs mid-market Recipient gets ₺388,870.39 Minutes - 5 days
0 reviews

Ways to receive money in Türkiye with Deutsche Bank when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
€37.051 EUR = 55.8485 TRY
₺388,870.39You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €79.00 1 EUR = 56.0943 TRY +0.55% vs mid-market Recipient gets ₺388,228.59 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Türkiye with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€79.001 EUR = 56.0943 TRY
₺388,228.59You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Credit card
Fee €130.29 1 EUR = 56.3961 TRY +0.01% vs mid-market Recipient gets ₺387,424.85 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Türkiye with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€130.291 EUR = 56.3961 TRY
₺387,424.85You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 56.4028 TRY Updates every 60 minutes.

How to send money from Germany to Turkey

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 21 of the 30 days it quoted €7.000 transfers to Turkey.

On a 7.000 EUR transfer, Key Currency delivers the most TRY.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/TRY rate.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, credit card, and iDEAL.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Turkey?

How much EUR you send to Turkey heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Key Currency was the cheapest in 72% of the transfers from €7,000 it quoted, and in 72% of all the transfers it quoted.

Cheapest service
€1,000-0.83%€0.00₺56,860.00with debit card to bank deposit+₺1,005.09
€5,0000.48%€0.00₺280,600.00with debit card to bank deposit+₺1,931.63
€7,000This page0.25%€0.00₺393,832.30with bank transfer to bank deposit+₺3,290.34
€50,0000.20%€0.00₺2,817,256.89with bank transfer to bank deposit+₺20,069.13

Mid-market rate: 1 EUR = 56.4028 TRY

EUR/TRY Exchange Rate History

Is today a good time to send money from Germany to Turkey?

The cheapest way to send EUR to TRY can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Key Currency), across 30 days of comparisons for 7.000 EUR transfers to Turkey.

TRY received for €7,000, after fees

Tue, 10 Nov 2026Mid-market rate₺394,819.35 Key Currency ₺393,832.30 Deutsche Bank ₺388,870.39Key Currency₺393,832.30Regency FX₺393,753.34Wise₺392,902.61Extra cost of a bank₺4,961.91

380.000
385.000
390.000
395.000
400.000
At the mid-market rateWith the cheapest optionWith a bankKey CurrencyRegency FXWise
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.3036 – ₺387,125.05
TapTap Send Cheapest 55.2000 €0.00 ₺386,400.00 −₺725.05
Key Currency 55.1653 €0.00 ₺386,157.24 −₺967.81
Regency FX 55.1543 €0.00 ₺386,079.82 −₺1,045.23
Wise 55.2949 €33.19 ₺385,229.06 −₺1,895.99
Deutsche Bank 55.1193 €37.05 ₺383,793.26 −₺3,331.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.2096 – ₺386,467.44
TapTap Send Cheapest 55.1500 €0.00 ₺386,050.00 −₺417.44
Key Currency 55.0716 €0.00 ₺385,501.27 −₺966.17
Regency FX 55.0606 €0.00 ₺385,423.98 −₺1,043.46
Wise 55.2126 €33.20 ₺384,655.14 −₺1,812.30
Deutsche Bank 54.9209 €37.05 ₺382,411.20 −₺4,056.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.3573 – ₺387,500.97
Key Currency Cheapest 55.2189 €0.00 ₺386,532.22 −₺968.75
Regency FX 55.2078 €0.00 ₺386,454.72 −₺1,046.25
Wise 55.3490 €33.19 ₺385,605.97 −₺1,895.00
Deutsche Bank 55.1624 €37.05 ₺384,093.28 −₺3,407.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.3850 – ₺387,694.93
Key Currency Cheapest 55.2465 €0.00 ₺386,725.69 −₺969.24
Regency FX 55.2355 €0.00 ₺386,648.15 −₺1,046.78
Wise 55.3924 €33.19 ₺385,908.33 −₺1,786.60
Deutsche Bank 55.1624 €37.05 ₺384,093.28 −₺3,601.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6602 – ₺389,621.62
Key Currency Cheapest 55.5211 €0.00 ₺388,647.57 −₺974.05
Regency FX 55.5099 €0.00 ₺388,569.65 −₺1,051.97
Wise 55.6665 €33.18 ₺387,818.49 −₺1,803.13
Deutsche Bank 55.0470 €37.05 ₺383,289.26 −₺6,332.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6395 – ₺389,476.38
Key Currency Cheapest 55.5004 €0.00 ₺388,502.69 −₺973.69
Regency FX 55.4893 €0.00 ₺388,424.79 −₺1,051.59
Wise 55.6464 €33.18 ₺387,678.45 −₺1,797.93
Deutsche Bank 55.4957 €37.05 ₺386,413.78 −₺3,062.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6395 – ₺389,476.38
Key Currency Cheapest 55.5004 €0.00 ₺388,502.69 −₺973.69
Regency FX 55.4893 €0.00 ₺388,424.79 −₺1,051.59
Wise 55.6464 €33.18 ₺387,678.45 −₺1,797.93
Deutsche Bank 55.4957 €37.05 ₺386,413.78 −₺3,062.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6141 – ₺389,298.42
TapTap Send Cheapest 55.5000 €0.00 ₺388,500.00 −₺798.42
Key Currency 55.4750 €0.00 ₺388,325.17 −₺973.25
Regency FX 55.4639 €0.00 ₺388,247.31 −₺1,051.11
Wise 55.5667 €33.18 ₺387,123.20 −₺2,175.22
Deutsche Bank 55.4762 €37.05 ₺386,278.35 −₺3,020.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6630 – ₺389,641.13
Key Currency Cheapest 55.5239 €0.00 ₺388,667.03 −₺974.10
Regency FX 55.5127 €0.00 ₺388,589.10 −₺1,052.03
Wise 55.6612 €33.18 ₺387,781.56 −₺1,859.57
Deutsche Bank 55.4762 €37.05 ₺386,278.35 −₺3,362.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6558 – ₺389,590.72
Key Currency Cheapest 55.5167 €0.00 ₺388,616.74 −₺973.98
Regency FX 55.5055 €0.00 ₺388,538.82 −₺1,051.90
Wise 55.6551 €33.18 ₺387,739.06 −₺1,851.66
Deutsche Bank 55.5463 €37.05 ₺386,766.25 −₺2,824.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.8087 – ₺390,660.89
Key Currency Cheapest 55.6692 €0.00 ₺389,684.24 −₺976.65
Regency FX 55.6580 €0.00 ₺389,606.11 −₺1,054.78
Wise 55.7877 €33.18 ₺388,662.86 −₺1,998.03
Deutsche Bank 55.5304 €37.05 ₺386,655.46 −₺4,005.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.7620 – ₺390,334.09
Key Currency Cheapest 55.6226 €0.00 ₺389,358.26 −₺975.83
Regency FX 55.6115 €0.00 ₺389,280.19 −₺1,053.90
Wise 55.7659 €33.18 ₺388,510.99 −₺1,823.10
Deutsche Bank 55.5304 €37.05 ₺386,655.46 −₺3,678.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6799 – ₺389,759.33
TapTap Send Cheapest 55.7000 €0.00 ₺389,900.00 +₺140.67
Key Currency 55.5407 €0.00 ₺388,784.94 −₺974.39
Regency FX 55.5296 €0.00 ₺388,706.98 −₺1,052.35
Wise 55.6744 €33.18 ₺387,873.52 −₺1,885.81
Deutsche Bank 55.5772 €37.05 ₺386,981.26 −₺2,778.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.6799 – ₺389,759.33
Key Currency Cheapest 55.5407 €0.00 ₺388,784.94 −₺974.39
Regency FX 55.5296 €0.00 ₺388,706.98 −₺1,052.35
Wise 55.6744 €33.18 ₺387,873.52 −₺1,885.81
Deutsche Bank 55.5772 €37.05 ₺386,981.26 −₺2,778.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.8090 – ₺390,662.98
Key Currency Cheapest 55.6695 €0.00 ₺389,686.32 −₺976.66
Regency FX 55.6583 €0.00 ₺389,608.19 −₺1,054.79
Wise 55.8084 €33.18 ₺388,807.08 −₺1,855.90
Deutsche Bank 55.5910 €37.05 ₺387,077.66 −₺3,585.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.5530 – ₺388,870.99
Key Currency Cheapest 55.4141 €0.00 ₺387,898.82 −₺972.17
Regency FX 55.4030 €0.00 ₺387,821.04 −₺1,049.95
Wise 55.5539 €33.18 ₺387,034.02 −₺1,836.97
Deutsche Bank 55.5148 €37.05 ₺386,546.83 −₺2,324.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.3987 – ₺387,791.16
TapTap Send Cheapest 55.3500 €0.00 ₺387,450.00 −₺341.16
Key Currency 55.2602 €0.00 ₺386,821.68 −₺969.48
Regency FX 55.2492 €0.00 ₺386,744.12 −₺1,047.04
Wise 55.4005 €33.19 ₺385,964.76 −₺1,826.40
Deutsche Bank 55.3253 €37.05 ₺385,227.39 −₺2,563.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.5143 – ₺388,600.02
Key Currency Cheapest 55.3755 €0.00 ₺387,628.52 −₺971.50
Regency FX 55.3644 €0.00 ₺387,550.80 −₺1,049.22
Wise 55.5151 €33.19 ₺386,763.15 −₺1,836.87
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.8311 – ₺390,817.57
Key Currency Cheapest 55.6915 €0.00 ₺389,840.53 −₺977.04
Regency FX 55.6803 €0.00 ₺389,762.37 −₺1,055.20
Wise 55.6976 €33.18 ₺388,035.15 −₺2,782.42
Deutsche Bank 55.5437 €37.05 ₺386,748.28 −₺4,069.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.9543 – ₺391,679.76
Key Currency Cheapest 55.8144 €0.00 ₺390,700.56 −₺979.20
Regency FX 55.8032 €0.00 ₺390,622.23 −₺1,057.53
Wise 55.7308 €33.18 ₺388,266.45 −₺3,413.31
Deutsche Bank 55.6047 €37.05 ₺387,172.75 −₺4,507.01
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.9543 – ₺391,679.76
Key Currency Cheapest 55.8144 €0.00 ₺390,700.56 −₺979.20
Regency FX 55.8032 €0.00 ₺390,622.23 −₺1,057.53
Wise 55.7308 €33.18 ₺388,266.45 −₺3,413.31
Deutsche Bank 55.6047 €37.05 ₺387,172.75 −₺4,507.01
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.9036 – ₺391,324.93
Key Currency Cheapest 55.7638 €0.00 ₺390,346.61 −₺978.32
Regency FX 55.7526 €0.00 ₺390,268.35 −₺1,056.58
Wise 55.8949 €33.17 ₺389,410.27 −₺1,914.66
Deutsche Bank 55.6120 €37.05 ₺387,223.33 −₺4,101.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.9390 – ₺391,572.80
TapTap Send Cheapest 55.8500 €0.00 ₺390,950.00 −₺622.80
Key Currency 55.7991 €0.00 ₺390,593.87 −₺978.93
Regency FX 55.7879 €0.00 ₺390,515.55 −₺1,057.25
Wise 55.9127 €33.17 ₺389,534.28 −₺2,038.52
Deutsche Bank 55.8410 €37.05 ₺388,818.30 −₺2,754.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 56.1912 – ₺393,338.21
Key Currency Cheapest 56.0507 €0.00 ₺392,354.87 −₺983.34
Regency FX 56.0395 €0.00 ₺392,276.20 −₺1,062.01
Wise 56.1779 €33.16 ₺391,382.44 −₺1,955.77
Deutsche Bank 55.8410 €37.05 ₺388,818.30 −₺4,519.91
Exchange rateFeeRecipient getsDifference
Mid-market rate 56.3719 – ₺394,603.58
Key Currency Cheapest 56.2310 €0.00 ₺393,617.07 −₺986.51
Regency FX 56.2197 €0.00 ₺393,538.15 −₺1,065.43
Wise 56.3617 €33.16 ₺392,662.95 −₺1,940.63
Deutsche Bank 56.0107 €37.05 ₺389,999.44 −₺4,604.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 56.1025 – ₺392,717.19
TapTap Send Cheapest 56.0000 €0.00 ₺392,000.00 −₺717.18
Key Currency 55.9622 €0.00 ₺391,735.39 −₺981.79
Regency FX 55.9510 €0.00 ₺391,656.85 −₺1,060.34
Wise 56.0479 €33.17 ₺390,476.19 −₺2,240.99
Deutsche Bank 56.0727 €37.05 ₺390,431.42 −₺2,285.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.9111 – ₺391,377.70
TapTap Send Cheapest 55.9500 €0.00 ₺391,650.00 +₺272.30
Key Currency 55.7713 €0.00 ₺390,399.26 −₺978.44
Regency FX 55.7601 €0.00 ₺390,320.98 −₺1,056.72
Wise 55.8581 €33.17 ₺389,153.89 −₺2,223.81
Deutsche Bank 55.8195 €37.05 ₺388,668.39 −₺2,709.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 55.9111 – ₺391,377.70
TapTap Send Cheapest 55.8000 €0.00 ₺390,600.00 −₺777.70
Key Currency 55.7713 €0.00 ₺390,399.26 −₺978.44
Regency FX 55.7601 €0.00 ₺390,320.98 −₺1,056.72
Wise 55.8581 €33.17 ₺389,153.89 −₺2,223.81
Deutsche Bank 55.8195 €37.05 ₺388,668.39 −₺2,709.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 56.0345 – ₺392,241.75
Key Currency Cheapest 55.8944 €0.00 ₺391,261.14 −₺980.60
Regency FX 55.8832 €0.00 ₺391,182.69 −₺1,059.05
Wise 55.9333 €33.17 ₺389,677.79 −₺2,563.96
Deutsche Bank 55.8485 €37.05 ₺388,870.39 −₺3,371.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 56.4028 – ₺394,819.35
Key Currency Cheapest 56.2618 €0.00 ₺393,832.30 −₺987.05
Regency FX 56.2505 €0.00 ₺393,753.34 −₺1,066.01
Wise 56.3961 €33.16 ₺392,902.61 −₺1,916.74
Deutsche Bank 55.8485 €37.05 ₺388,870.39 −₺5,948.96

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more TRY per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 2 of the last 30 days.

Right now, Key Currency pays 393.832,30 TRY on 7.000 EUR, which is 987,05 TRY less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Turkey.

We've tracked 117 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Key CurrencyAppeared in 57 comparisons

    Cheapest in 72% of them

  2. Regency FXAppeared in 57 comparisons

    Never the cheapest

  3. WiseAppeared in 116 comparisons

    Cheapest in 3% of them

  4. Deutsche BankAppeared in 115 comparisons

    Cheapest in 1% of them

Based on 117 comparisons across 4 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Germany to Turkey

There are 11 companies for sending money from Germany to Turkey, across currency broker, app, online, multi-currency account, global business account, in person, and bank, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7.000 with Wise to Turkey gets you 392.902,61 TRY with a €33,16 fee and 0,01% markup.

In our comparisons over the past month, it was the cheapest online service on 9 of the 30 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7.000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

In general, online transfers are cheaper than sending cash to Turkey.

For Euro transfers only

Banks

Inside the eurozone, banks use a SEPA transfer which is cheap or free and there's little reason to look further.

Outside the eurozone, banks like Deutsche Bank are much more expensive.

On a €7.000 transfer, Deutsche Bank delivers 388.870,39 TRY vs 393.832,30 TRY with Key Currency.

We found Deutsche Bank was the cheapest bank on 29 of the 29 days it appeared for this amount.

For large transfers from Germany

Currency brokers

For buying property, moving to Turkey, or moving pensions, a currency broker is the best option.

A broker like Key Currency charges no fee and works on a margin. It adds 0,25% on EUR/TRY which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Turkey.

Be it overseas suppliers and contractors, receiving TRY payments, or holding TRY and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and TRY in one account.

You get TRY bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert TRY to EUR or EUR to TRY whenever you need.

The best multi-currency account is Wise, it adds ~0,01% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund EUR and receive TRY in Turkey

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7.000 gives your recipient 393.832,30 TRY.

Our data shows that Key Currency gets your recipient 4.961,91 TRY more than Deutsche Bank, today's cheapest bank, on the same €7.000.

You can pay for the transfer using bank transfer, debit card, credit card, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Turkey.

The recipient in Turkey can receive TRY by bank deposit, cash pickup, mobile wallet, and card deposit.

To receive TRY by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Turkey

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    ₺393,832

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay €7,000.00

    ₺392,840

    -₺992

  3. 3
    Debit card Mobile wallet

    You pay €7,000.00

    ₺392,840

    -₺992

  4. 4
    Debit card Cash pickup

    You pay €7,000.00

    ₺392,840

    -₺992

  5. 5
    iDEAL Bank deposit

    You pay €7,000.00

    ₺392,330

    -₺1,502

Show moreShow less
  1. 6
    Bank transfer Cash pickup

    You pay €7,002.99

    ₺389,367

    -₺4,465

  2. 7
    Credit card Cash pickup

    You pay €7,002.99

    ₺389,367

    -₺4,465

  3. 8
    Credit card Bank deposit

    You pay €7,000.00

    ₺388,975

    -₺4,858

  4. 9
    Bank transfer Mobile wallet

    You pay €7,000.00

    ₺387,524

    -₺6,308

  5. 10
    Credit card Mobile wallet

    You pay €7,000.00

    ₺387,524

    -₺6,308

  6. 11
    Debit card Card deposit

    You pay €7,003.99

    ₺373,723

    -₺20,109

  7. 12
    Credit card Card deposit

    You pay €7,003.99

    ₺373,723

    -₺20,109

Things to know before sending money from Germany to Turkey

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/TRY transfer options

For a €7.000 transfer to Turkey, these are the best options:

Cheapest way to send money to Turkey

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 393.832,30 TRY, which is 0,02% more than the next best option.

Fastest way to send money to Turkey

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 390.921,12 TRY in within minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into TRY sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 11 of them on EUR to Turkey, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 117 comparisons across 4 amounts.

This page covers the cheapest and fastest options for EUR/TRY transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.