Key Currency is the best and cheapest service overall. On €7,000 you will get 393,353.61 TRY after fees and the exchange rate.
We’ve compared 10 money transfer companies in more detail below.
| 10 of 10 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze EUR/TRY exchange rates from our comparisons. | |||
| Based on 7,000 EUR transfer Best companies for EUR/TRY transfersAll money transfer offers for EUR/TRY transfers, sorted by most TRY received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee €33.16 1 EUR = 56.3342 TRY 0.00% vs mid-market | Recipient gets ₺392,471.36 Within 3 hours | |
Ways to receive money in Türkiye with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin 3 hoursAvailable via:Bank Transfer €33.161 EUR = 56.3342 TRY ₺392,471.36You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 55.5049 TRY +1.48% vs mid-market | Recipient gets ₺388,534.30 Minutes - 24 hours | |
Ways to receive money in Türkiye with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 55.5049 TRY ₺388,534.30You 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. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to TRY rates. | |||
Run a live search These companies offer multi-currency accounts for spending TRY. We suggest doing a live search based on how much EUR you're planning to spend in Turkey. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: Special Rate for 1st Transfer  Key Currency Pay via Bank transfer | Fee €0.00 1 EUR = 56.1934 TRY +0.25% vs mid-market | Recipient gets ₺393,353.61 Minutes - 3 days | |
Ways to receive money in Türkiye with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 56.1934 TRY ₺393,353.61You pay€7,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 56.1821 TRY +0.27% vs mid-market | Recipient gets ₺393,274.74 Minutes - 24 hours | |
Ways to receive money in Türkiye with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 56.1821 TRY ₺393,274.74You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €33.16 1 EUR = 56.3342 TRY 0.00% vs mid-market | Recipient gets ₺392,471.36 Within 3 hours | |
Ways to receive money in Türkiye with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin 3 hoursAvailable via:Bank Transfer €33.161 EUR = 56.3342 TRY ₺392,471.36You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 56.0525 TRY +0.50% vs mid-market | Recipient gets ₺392,367.76 Minutes - 24 hours | |
Ways to receive money in Türkiye with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 56.0525 TRY ₺392,367.76You pay€7,000.00 | |||
 Deutsche Bank Pay via Bank transfer | Fee €37.05 1 EUR = 56.3027 TRY +0.06% vs mid-market | Recipient gets ₺392,032.82 Minutes - 5 days | |
Ways to receive money in Türkiye with Deutsche Bank when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days €37.051 EUR = 56.3027 TRY ₺392,032.82You pay€7,000.00 | |||
| Wise Pay via iDEAL/WERO | Fee €43.31 1 EUR = 56.3342 TRY 0.00% vs mid-market | Recipient gets ₺391,899.57 Within 3 hours | |
Ways to receive money in Türkiye with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin 3 hoursAvailable via:Bank Transfer €43.311 EUR = 56.3342 TRY ₺391,899.57You pay€7,000.00 | |||
 Currencies Direct Pay via Bank transfer | Fee €0.00 1 EUR = 55.9721 TRY +0.64% vs mid-market | Recipient gets ₺391,804.70 Minutes - 24 hours | |
Ways to receive money in Türkiye with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 55.9721 TRY ₺391,804.70You pay€7,000.00 | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 55.7700 TRY +1.01% vs mid-market | Recipient gets ₺390,390.00 Minutes | |
Ways to receive money in Türkiye with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 55.7700 TRY ₺390,390.00You pay€7,000.00 Mobile walletMinutesAvailable via:Paycell, Uption Free1 EUR = 55.7700 TRY ₺390,390.00You pay€7,000.00 Cash pickupMinutesAvailable via:UPT Free1 EUR = 55.7700 TRY ₺390,390.00You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €51.00 1 EUR = 56.0674 TRY +0.47% vs mid-market | Recipient gets ₺389,612.18 Within minutes | |
Ways to receive money in Türkiye with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €51.001 EUR = 56.0674 TRY ₺389,612.18You 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 = 56.3342 TRY 0.00% vs mid-market | Recipient gets ₺389,370.16 Within minutes | |
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 = 56.3342 TRY ₺389,370.16You pay€7,000.00 | |||
 Moneycorp Pay via Bank transfer | Fee €0.00 1 EUR = 55.5455 TRY +1.40% vs mid-market | Recipient gets ₺388,818.70 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 = 55.5455 TRY ₺388,818.70You pay€7,000.00 | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 55.5049 TRY +1.48% vs mid-market | Recipient gets ₺388,534.30 Minutes - 24 hours | |
Ways to receive money in Türkiye with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 55.5049 TRY ₺388,534.30You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 55.5049 TRY +1.48% vs mid-market | Recipient gets ₺388,534.30 Minutes - 24 hours | |
Ways to receive money in Türkiye with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 55.5049 TRY ₺388,534.30You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 55.5049 TRY +1.48% vs mid-market | Recipient gets ₺388,534.30 Minutes - 24 hours | |
Ways to receive money in Türkiye with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 55.5049 TRY ₺388,534.30You pay€7,000.00 | |||
| Pricing based on Revolut Standard plan Revolut Pay via Debit card | Fee €79.00 1 EUR = 56.0674 TRY +0.47% vs mid-market | Recipient gets ₺388,042.29 Within minutes | |
Ways to receive money in Türkiye with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes €79.001 EUR = 56.0674 TRY ₺388,042.29You 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 = 56.3342 TRY 0.00% vs mid-market | Recipient gets ₺386,999.62 Within minutes | |
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 = 56.3342 TRY ₺386,999.62You pay€7,000.00 | |||
| How Our Results Work Mid-market rate: 1 EUR = 56.334208 TRY Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.
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.
You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.
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.
There are 10 companies for sending money from Germany to Turkey, across broker, app, online, multi-currency account, global account, and bank, and more below.
Fastest and easiest way
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 392,471.36 TRY with a €33.16 fee and 0% markup.
Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.
For Euro transfers only
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 392,032.82 TRY vs 393,353.61 TRY with Key Currency.
For large transfers from Germany
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.
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 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
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% markup and charges small fees.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 393,353.61 TRY.
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, mobile wallet, and cash pickup.
To receive TRY by bank deposit
Enter the recipient's banking details and account holders 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 branch and bring a valid photo ID and the transfer reference number.
You pay €7,000.00
₺393,354
Cheapest
You pay €7,000.00
₺391,900
-₺1,454
You pay €7,000.00
₺390,390
-₺2,964
You pay €7,000.00
₺390,390
-₺2,964
You pay €7,000.00
₺390,390
-₺2,964
You pay €7,000.00
₺388,534
-₺4,819
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.
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 393,353.61 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 389,612.18 TRY in within minutes.
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.
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.
The EUR/TRY rate can move noticeably within a week, changing the amount your recipient gets in TRY.
Mid-market rate:1 EUR = 56.311821 TRY
Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.
We then track 10 of them on EUR to Turkey, comparing rates, fees and the pay-in and payout options.
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.
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