How to send money to US from Turkey with the best TRY-USD rate

The exchange rate determines the price you’ll pay for US Dollar when sending Turkish Lira to the United States.

The rate between the Turkish Lira and US Dollar is currently 0.0215. Wise offers the best exchange from TRY-USD.

The total cost of sending money to United States from Turkey is a mix of the mid-market, exchange rates and transfer fees.

• The Mid-Market and Exchange Rates: The mid-market for TRY-USD is 0.0215 USD per Turkish Lira.

• Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 4 providers tested, costing justs 1387.01 TRY per transfer.

• Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in the United States, means a better overall cost of sending money from Turkey.

Sending money via a bank transfer is the recommended option for sending money from Turkey to the United States.

Here are the popular ways to send money from Turkey to United States:

Bank transfers

Bank transfers are often the best payment method for money transfers from Turkey to the United States.

A money transfer company like Wise offer bank transfers between Turkey and the United States with lower fees and better exchange rates than you would get from a traditional bank. 


Debit and prepaid cards

Sending money from Turkey to the United States with a debit or a prepaid card is very simple with .


is a leader in debit card payments for transfers from Turkey to the United States, competing among a total of 4 active money transfer companies on this route.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Ensuring you fully understand regulations in Turkey and the United States will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between Turkey and the United States.

Some services between Turkey and the United States have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in the United States as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to the United States, use Wise. The combination of rates and fees when sending from Turkey to the United States is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Turkey, or entering the United States. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive US Dollar in United States. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from Turkey to the United States will offer every method for incoming US Dollar, so it’s best to check ahead of time.

One of the more common ways to transfer from Turkey into US Dollar is directly into a bank account. Wise is the best company for bank transfers between Turkey and United States.

And if you need cash right away, check if cash pickup is an option for transfers between Turkey and United States.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Wise.

When signing up to and sending Turkish Lira to United States, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in Turkey this will be a government issued ID such as a passport or driver's license. In the United States it will be similar, although this should only be needed if you are opening a new account in the United States, or collecting in cash. Sending to an existing bank account in the United States shouldn’t require any additional ID checks.

Large transactions between Turkey and United States, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to the United States is their easy sign up process in Turkey.

When sending large amounts of money between Turkey and United States there will potentially be a tax declaration to consider.

Some transfers into US Dollar may need to be reported to tax authorities in the United States, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in the United States based on age, income and a few other elements. When in doubt, please contact a tax professional in Turkey or the United States to discuss your personal circumstances.