How to send money to Canada from Turkey with the best TRY-CAD rate

Currencies Direct is the cheapest option overall out of 3 money transfer apps available. For the fastest way, we suggest using Currencies Direct.

Sending 250,000 TRY to Canada with Currencies Direct will get you $7,080 vs $7,080 with Currencies Direct.

Best companies for TRY/CAD transfers

3 of 3 providers

Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze TRY/CAD exchange rates from our comparisons.

Based on 250,000 TRY transfer

Best companies for TRY/CAD transfers

All money transfer offers for TRY/CAD transfers, sorted by most CAD received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
Sort Cheapest
Promoted
Wise

Wise

Pay via Bank transfer
Fee ₺1,302.80 1 TRY = 0.0285 CAD 0.00% vs mid-market Recipient gets $7,079.49 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:Bank Transfer
₺1,302.801 TRY = 0.0285 CAD
$7,079.49You pay₺250,000.00

Run a live search

Showing top Turkey to Canada deals for 250,000 TRY. Do a live search with your exact amount for today's best rates.
Currencies Direct

Currencies Direct

Pay via Bank transfer
Fee ₺0.00 1 TRY = 0.0283 CAD +0.58% vs mid-market Recipient gets $7,080.00 Minutes - 24 hours
CheapestUsing Bank transfer with Currencies Direct is the cheapest way to send money to Canada from Türkiye.FastestCurrencies Direct with Bank transfer deposit is the fastest way to send TRY to Canada.
Personal account managerMulti-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 TRY = 0.0283 CAD
$7,080.00You pay₺250,000.00
Wise

Wise

Pay via Bank transfer
Fee ₺1,302.80 1 TRY = 0.0285 CAD 0.00% vs mid-market Recipient gets $7,079.49 Within a week
RecommendedBased on our editorial reviews, Wise is our recommended way to send money from Türkiye to Canada.
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:Bank Transfer
₺1,302.801 TRY = 0.0285 CAD
$7,079.49You pay₺250,000.00
Moneycorp

Moneycorp

Pay via Bank transfer
Fee ₺0.00 1 TRY = 0.0281 CAD +1.40% vs mid-market Recipient gets $7,016.87 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 TRY = 0.0281 CAD
$7,016.87You pay₺250,000.00
How Our Results Work
Mid-market rate: 1 TRY = 0.028466 CAD Updates every 60 minutes.

How to send money from Turkey to Canada

Pick a company

If you're sending a one-off transfer, then Currencies Direct is the best option.

For recurring transfers, I'd suggest using an app or a multi-currency account with Wise.

For large transfers using a broker like Currencies Direct is the best option.

How much you send will affect the best option for you right now.

Fund your transfer

Fund your money transfers account with bank transfer.

Verify and send

When signing up you'll need to verify your account.

You'll need your TC Kimlik, or a passport and tax number if you're a foreign resident.

Ways to send money from Turkey to Canada

3 companies send TRY to Canada.

Cheapest way to send TRY

Online and app transfers

Money transfer specialists like Wise is the cheapest way to send money to Canada from Turkey.

The fees are lower than banks, it takes 5 mins to get started, your recipient will get more CAD, and repeat transfers are very simple.

For example, Wise charges ₺1302.8 to send 250,000 TRY, and will get your recipient 7,079.49 CAD after a -0.12% exchange-rate markup and ₺1302.8 fee.

Wallets like Papara can work for small and one-off transfers, but usually are more expensive.

Holding euros in a döviz account

Multi-currency accounts

A multi-currency account (also known as döviz account) lets you hold CAD alongside TRY.

It is most useful if you get paid in CAD, travel to Canada often, or spend in CAD.

That's because you get local details for both currencies and swapping between them is simple and cheap.

Doing business abroad

Global accounts

Global accounts like Payoneer or Veem help Turkish businesses pay suppliers in Canada and receive money from foreign clients.

Ways to fund TRY and receive CAD in Canada

With Currencies Direct, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 250,000 TRY gives your recipient 7,080 CAD.

You can send TRY using bank transfer.

Pay from your Turkish bank account

FAST, havale or EFT can be used to fund your money transfer account when sending money to Canada.

In Canada, they can get CAD by bank deposit.

The simplest way to receive money is to use a bank or card deposit.

Enter the recipient's IBAN, their name, card details if sending to a card, and that's all.

Canadian Dollar will arrive directly into their bank account in Canada.

  1. 1
    Bank transfer Bank deposit

    You pay ₺250,000.00

    $7,080

    Cheapest

What to consider before sending TRY to Canada

Here are a few things to know about money transfers from Turkey to Canada.

Compare TRY/CAD transfer options

These are the best options for sending TRY 250,000 to Canada.

Cheapest way to send money to Canada

The cheapest option is Currencies Direct, funded by bank transfer with bank deposit for the payout. Your recipient gets 7,080 CAD, which is 0.01% more than the next best option.

Fastest way to send money to Canada

The fastest option is Currencies Direct. Pay by bank transfer and use bank deposit in Canada. Your recipient gets 7,080 CAD, with the money arriving in minutes - 24 hours.

FAST and EFT are domestic

FAST, EFT and havale move TRY between accounts in Turkey.

They can be used to fund a transfer to Canada, but from there money transfer services switch to internal network of accounts or other transfer rails.

Large transfers & limits in Turkey

There is no single universal personal-transfer limit, but your bank or transfer company can ask where the money came from and why it is leaving Turkey.

For property proceeds, tuition or moving savings, keep the sale document, invoice or recent statement ready.

Large gifts can also fall under Turkey's inheritance and gift tax rules, so check the tax position before sending a lump sum to Canada.

Live TRY-CAD Exchange Rate

Finding a better TRY to CAD exchange rate

The lira can move quickly, which means the TRY/CAD rate can change the final CAD amount even over a short period.

Mid-market rate:1 TRY = 0.028495 CAD

How we analyse the market

Plenty of well-known services can't be funded in lira, so they don't appear here. What's left is 3 companies that can actually send TRY to Canada.

We compare rates, fees and the pay-in and payout options in real time on live searches, and each goes through our review.

More on who we are, why you can trust us and getting started.

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