Best companies for TRY/EUR transfers
5 of 5 providers Last updated on 28 October 2026
Based on 100,000 TRY transfer Best companies for TRY/EUR transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee ₺608.92 1 TRY = 0.0180 EUR	Recipient gets €1,792.46 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Italy with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer ₺608.921 TRY = 0.0180 EUR €1,792.46You pay₺100,000.00
Run a live search Showing top Turkey to Italy deals for 100,000 TRY. 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 TRY to EUR rates.
Run a live search These companies offer multi-currency accounts for spending EUR. We suggest doing a live search based on how much TRY you're planning to spend in Italy.
Run a live search These are managed services with real human support for large TRY transfers. Click the link and update the transfer amount to get the best deal.
Wise Pay via Bank transfer	Fee ₺608.92 1 TRY = 0.0180 EUR	Recipient gets €1,792.46 Within minutes
25 reviews CheapestFastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Italy with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer ₺608.921 TRY = 0.0180 EUR €1,792.46You pay₺100,000.00
Currencies Direct Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.0178 EUR	Recipient gets €1,781.00 Minutes - 24 hours
3 reviews Personal account managerMulti-currency cardReceive to bank account
Ways to receive money in Italy with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 TRY = 0.0178 EUR €1,781.00You pay₺100,000.00
Moneycorp Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.0000 EUR +1.70% vs mid-market	Recipient gets €0.00 Minutes - 2 days
0 reviews
Ways to receive money in Italy with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 TRY = 0.0000 EUR €0.00You pay₺100,000.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.0000 EUR +0.27% vs mid-market	Recipient gets €0.00 Minutes - 24 hours
0 reviews Personal account manager
Ways to receive money in Italy with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 TRY = 0.0000 EUR €0.00You pay₺100,000.00
Cambridge Currencies Pay via Bank transfer	Fee ₺0.00 1 TRY = 0.0000 EUR +0.65% vs mid-market	Recipient gets €0.00 Minutes - 24 hours
0 reviews Personal account manager
Ways to receive money in Italy with Cambridge Currencies when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 TRY = 0.0000 EUR €0.00You pay₺100,000.00
How Our Results Work

Why compare

TRY/EUR exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Turkey to Italy

Pick a company

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

Wise was the cheapest on 1 of the 29 days it quoted ₺100,000 transfers to Italy.

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

For large transfers, 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 transfer 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.

Compare amounts

How much TRY are you sending to Italy?

How much TRY you send to Italy 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 Wise was the cheapest in 38% of the transfers from TRY 50,000 it quoted, and in 29% of all the transfers it quoted.


₺10,000	1.32%	₺0.00	€177.80with bank transfer to bank deposit	+€4.15
₺50,000	0.00%	₺375.01	€895.63with bank transfer to bank deposit	+€4.55
₺100,000This page		₺608.92	€1,792.46with bank transfer to bank deposit	+€1,077.77

TRY/EUR Exchange Rate History

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

The cheapest way to send TRY to EUR 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 Wise), across 30 days of comparisons for 100,000 TRY transfers to Italy.

Each line shows what the recipient gets when you send ₺100,000, after fees, as quoted by each company. The mid-market line shows what ₺100,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

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 EUR per TRY than the mid-market rate can offer.

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

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of EUR on every transfer from Turkey.

Today's payout isn't the best this month though, since the highest receive amount was 1,814.49 EUR.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

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 Italy.

We've tracked 76 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

WiseAppeared in 75 comparisons
Cheapest in 29% of them
Currencies DirectAppeared in 67 comparisons
Cheapest in 37% of them

Based on 76 comparisons across 3 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 Wise is the cheapest and gets you the most EUR, but it was the cheapest in only 29% of the 75 comparisons it appeared in over the past month.

Currencies Direct (today's second cheapest) was the cheapest in only 37% of its comparisons, so it's rarely the cheapest option for transfers to Italy.

If it's a one-off transfer, go with Wise, since it's the cheapest right now.

Ways to send money from Turkey to Italy

5 companies send TRY to Italy.

Cheapest way to send TRY

Online and app transfers

Money transfer specialists like Wise are the cheapest way to send money to Italy from Turkey.

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

For example, Wise charges ₺608.92 to send 100,000 TRY, and will get your recipient 1,792.46 EUR after a % exchange-rate markup and ₺608.92 fee.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

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 EUR alongside TRY.

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

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 Italy and receive money from foreign clients.

Ways to fund TRY and receive EUR in Italy

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 100,000 TRY gives your recipient 1,792.46 EUR.

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 Italy.

In Italy, they can get EUR 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.

Euro will arrive directly into their bank account in Italy.

1

Bank transfer Bank deposit

You pay ₺100,000.00

€1,792

Cheapest

What to consider before sending TRY to Italy

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

Compare TRY/EUR transfer options

These are the best options for sending TRY 100,000 to Italy.

Cheapest way to send money to Italy

The cheapest option is Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 1,792.46 EUR, which is 0.64% more than the next best option.

Fastest way to send money to Italy

The fastest option is Wise. Pay by bank transfer and use bank deposit in Italy. Your recipient gets 1,792.46 EUR, with the money arriving in within minutes.

FAST and EFT are domestic

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

They can be used to fund a transfer to Italy, 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 Italy.

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 5 companies that can actually send TRY to Italy.

In the past 30 days alone, we analysed 76 comparisons across 3 amounts.

This page covers the cheapest and fastest options for TRY/EUR 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.

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.

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Tue, Sep 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,798.10
Regency FX Cheapest	0.0179	₺0.00	€1,793.25	−€4.85
Wise	0.0180	₺608.95	€1,787.27	−€10.83
Currencies Direct	0.0178	₺0.00	€1,776.00	−€22.10

Wed, Sep 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,798.40
Regency FX Cheapest	0.0179	₺0.00	€1,793.54	−€4.86
Wise	0.0180	₺608.95	€1,787.35	−€11.05
Currencies Direct	0.0178	₺0.00	€1,778.00	−€20.40

Thu, Oct 1, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,803.50
Regency FX Cheapest	0.0180	₺0.00	€1,798.63	−€4.87
Wise	0.0180	₺608.92	€1,792.85	−€10.65
Currencies Direct	0.0178	₺0.00	€1,778.00	−€25.50

Fri, Oct 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,807.50
Regency FX Cheapest	0.0180	₺0.00	€1,802.62	−€4.88
Wise	0.0181	₺608.89	€1,796.97	−€10.53
Currencies Direct	0.0179	₺0.00	€1,785.00	−€22.50

Sat, Oct 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,807.80
Regency FX Cheapest	0.0180	₺0.00	€1,802.92	−€4.88
Wise	0.0181	₺608.89	€1,797.61	−€10.19
Currencies Direct	0.0179	₺0.00	€1,785.00	−€22.80

Mon, Oct 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0182	–	€1,815.40
Regency FX Cheapest	0.0181	₺0.00	€1,810.50	−€4.90
Wise	0.0182	₺608.85	€1,804.57	−€10.83
Currencies Direct	0.0180	₺0.00	€1,798.00	−€17.40

Tue, Oct 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,810.40
Regency FX Cheapest	0.0181	₺0.00	€1,805.51	−€4.89
Wise	0.0181	₺608.88	€1,799.31	−€11.09
Currencies Direct	0.0179	₺0.00	€1,788.00	−€22.40

Wed, Oct 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,813.60
Regency FX Cheapest	0.0181	₺0.00	€1,808.70	−€4.90
Wise	0.0181	₺608.86	€1,802.66	−€10.94
Currencies Direct	0.0179	₺0.00	€1,791.00	−€22.60

Thu, Oct 8, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0182	–	€1,815.10
Regency FX Cheapest	0.0181	₺0.00	€1,810.20	−€4.90
Wise	0.0181	₺608.85	€1,803.79	−€11.31
Currencies Direct	0.0179	₺0.00	€1,792.00	−€23.10

Fri, Oct 9, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,805.80
Regency FX Cheapest	0.0180	₺0.00	€1,800.92	−€4.88
Wise	0.0181	₺608.90	€1,795.02	−€10.78
Currencies Direct	0.0179	₺0.00	€1,788.00	−€17.80

Sat, Oct 10, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,813.20
Regency FX Cheapest	0.0181	₺0.00	€1,808.30	−€4.90
Wise	0.0181	₺608.87	€1,800.92	−€12.28
Currencies Direct	0.0179	₺0.00	€1,789.00	−€24.20

Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,809.20
Regency FX Cheapest	0.0180	₺0.00	€1,804.32	−€4.88
Wise	0.0181	₺608.89	€1,798.04	−€11.16
Currencies Direct	0.0179	₺0.00	€1,787.00	−€22.20

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0181	–	€1,811.80
Regency FX Cheapest	0.0181	₺0.00	€1,806.91	−€4.89
Wise	0.0181	₺608.87	€1,800.72	−€11.08
Currencies Direct	0.0179	₺0.00	€1,788.00	−€23.80

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0182	–	€1,819.40
Regency FX Cheapest	0.0181	₺0.00	€1,814.49	−€4.91
Wise	0.0182	₺608.82	€1,808.23	−€11.17
Currencies Direct	0.0180	₺0.00	€1,797.00	−€22.40

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,796.00
Regency FX Cheapest	0.0179	₺0.00	€1,791.15	−€4.85
Wise	0.0180	₺608.96	€1,785.80	−€10.20
Currencies Direct	0.0178	₺0.00	€1,778.00	−€18.00

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,797.30
Regency FX Cheapest	0.0179	₺0.00	€1,792.45	−€4.85
Wise	0.0180	₺608.96	€1,786.12	−€11.18
Currencies Direct	0.0177	₺0.00	€1,775.00	−€22.30

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,800.10
Regency FX Cheapest	0.0180	₺0.00	€1,795.24	−€4.86
Wise	0.0180	₺608.94	€1,789.03	−€11.07
Currencies Direct No quote collected this day	–	–	–	–

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,797.70
Regency FX Cheapest	0.0179	₺0.00	€1,792.85	−€4.85
Wise	0.0180	₺608.96	€1,786.62	−€11.08
Currencies Direct	0.0178	₺0.00	€1,776.00	−€21.70

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,797.60
Regency FX Cheapest	0.0179	₺0.00	€1,792.75	−€4.85
Wise	0.0180	₺608.96	€1,786.62	−€10.98
Currencies Direct	0.0177	₺0.00	€1,775.00	−€22.60

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0179	–	€1,793.50
Regency FX Cheapest	0.0179	₺0.00	€1,788.66	−€4.84
Wise	0.0179	₺608.98	€1,782.69	−€10.81
Currencies Direct No quote collected this day	–	–	–	–

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0180	–	€1,796.40
Regency FX Cheapest	0.0179	₺0.00	€1,791.55	−€4.85
Wise	0.0180	₺608.96	€1,785.48	−€10.92
Currencies Direct No quote collected this day	–	–	–	–

Mon, Oct 26, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0179	–	€1,792.50
Regency FX Cheapest	0.0179	₺0.00	€1,787.66	−€4.84
Wise	0.0179	₺608.99	€1,781.43	−€11.07
Currencies Direct No quote collected this day	–	–	–	–

Wed, Oct 28, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	0.0180	₺608.92	€1,792.46	–
Currencies Direct	0.0178	₺0.00	€1,781.00	–

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

Best companies for TRY/EUR transfers