Technically [COUNTRY_TO_NAME] is a transcontinental country; the large majority of Turkish land is in Asian territory, with a very small area (35) - known as the Eastern Thrace - geographically located in Southeast Europe. Despite [COUNTRY_TO_NAME]’s interconnectedness with Europe, the country is not a member of the European Union (EU) and therefore continues to uphold their own unique currency, the Turkish lira (TL).
Those sending money transfers from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME] should be aware that [CURRENCY_TO] is the primary legal tender accepted by Turkish financial institutions. However, if you are planning to travel to [COUNTRY_TO_NAME] from [COUNTRY_FROM_NAME] there have been reports of certain Turkish vendors and businesses, especially in the Eastern Thrace of [COUNTRY_TO_NAME], accepting Euros as well as Lira. It is worth researching the destination ahead of acquiring any Euros, and browsing online forums to see what other tourists have to say on the subject.
Choosing the best service provider
We have found [NUMBER OF PROVIDERS] that service payments [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]. The fastest transfer provider is [PROVIDER_FASTEST].. The cheapest provider we found is [PROVIDER_CHEAPEST] at [MID_MARKET_RATE_DIFF] above the Mid-Market Rate.If you’re looking for the best combination of price, speed, and reliability we recommend using [PROVIDER_NAME rank="1"] when transferring [CURRENCY_FROM] to [CURRENCY_TO]. This means that by using [PROVIDER_NAME rank="1"] for online money transfers to [COUNTRY_TO_NAME] from [COUNTRY_FROM_NAME], you are likely to save on transfer fees and benefit from fast speeds - so your recipient will get more money and have it delivered in less time.Alternatively, if you are unable to access [PROVIDER_NAME rank="1"] for any reason, our comparison engine has found [PROVIDER_LIST ranks="2,3"] also to be very good options when sending [CURRENCY_FROM] - [CURRENCY_TO].This recommendation was updated one minute ago.
The cheapest way to send money from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]
[PROVIDER_CHEAPEST] has been determined by our comparison engine to currently offer you the cheapest rates possible. Many customers are caught out by hidden fees and unexpected exchange rate mark-ups, so to avoid any disappointment at a later date, be sure to acquire all the relevant information before any funds are taken for payment. Get the Best Rate and Sign Up for Rate Alerts [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]
The fastest way to send money from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]
When sending money from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME], speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, [PROVIDER_FASTEST] is the fastest way to send [CURRENCY_FROM] - [CURRENCY_TO]. Typically these transfers should arrive with the recipient within 24 hours but it is important to consider delivery speeds are subject to daily cut-off times, office hours and public holidays. We recommend all customers review the terms and conditions in full before making a payment.
What payment methods are available when sending money from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]?
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer multiple options. You are likely to find the most common methods are bank transfers and card payments, but some providers also accept cash and some will even deliver funds straight to your recipient’s door. When it comes to sending an international money transfer from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME] you will need to provide the recipient’s full name, residential address, IBAN number, TRRN code, the SWIFT/BIC code, and in some cases, a copy of the recipient’s identification document.
Sending money to [COUNTRY_TO_NAME] from [COUNTRY_FROM_NAME] using credit card
To avoid high fees you can opt to use an online money transfer provider such as [PROVIDER_PAYMENT_TYPE type="Credit Card"] to pay for your transfer to [COUNTRY_TO_NAME].
Sending money to [COUNTRY_TO_NAME] from [COUNTRY_FROM_NAME] using a debit card
With [PROVIDER_PAYMENT_TYPE type="Debit Card"] you can send money online to [COUNTRY_TO_NAME] using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Using a wire transfer to send money from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]
Bank and wire transfers are the most common ways of sending money [COUNTRY_TO_NAME] as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use [PROVIDER_PAYMENT_TYPE type="Bank Transfer"] to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.
If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in [COUNTRY_TO_NAME]. If you're unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in [COUNTRY_TO_NAME].
When sending money to [COUNTRY_TO_NAME] from [COUNTRY_FROM_NAME] using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.In some cases, the intermediary and incoming transfer fees will be covered by the receiving bank or financial institution in [COUNTRY_TO_NAME]; this is something that should be clarified ahead of making payment. On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as [PROVIDER_LIST ranks="1,2,3"].
Considerations for a [CURRENCY_FROM] - [CURRENCY_TO] Currency Transfer
Before sending money to [COUNTRY_TO_NAME] from [COUNTRY_FROM_NAME], you should consider the following:
The amount you want to transfer: It is likely that the more money you send to [COUNTRY_TO_NAME] the more value you will get and more [CURRENCY_TO] the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
The [CURRENCY_FROM] - [CURRENCY_TO] exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is [MID_MARKET_RATE] and the lowest exchange rate margin is currently offered by [PROVIDER_NAME rank="1"] at [MID_MARKET_RATE_DIFF] above the mid market rate.
Hidden fees & charges: Before sending money to [COUNTRY_TO_NAME], make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers [PROVIDER_NAME rank="1"], [PROVIDER_NAME rank="2"] and [PROVIDER_NAME rank="3"] will give insight here.
How to send money from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME] at the best rate?
This one’s easy. Simply use our comparison table above to find the best provider to send [CURRENCY_FROM] to [CURRENCY_TO]. After that it’s just a process of making your transfer via the following steps:
Click “Visit Site” inside our comparison table
Register for an account if required
Input how much you are willing to send
Fund your transfer
Receive & save an email confirming your transfer
How to receive transfers from [CURRENCY_FROM] to [CURRENCY_TO] in [COUNTRY_TO_NAME]?
Your recipient has a few methods available to receive your money in [COUNTRY_TO_NAME]. These will vary between providers, but it is possible to find services that will:
Deposit [CURRENCY_TO] directly into a bank account
Enable the recipient to pick up cash a specific locations across [COUNTRY_TO_NAME]
Deliver money directly to their door
Send [CURRENCY_TO] to your recipient’s mobile wallet
If your recipient is going to collect or have the money delivered to them in [COUNTRY_TO_NAME], then they will usually need the following:
Government issued photo I.D. such as drivers license, passport or Turkish identity card (Türkiye Cumhuriyeti Kimlik Kartı)
The money transfer reference number
Senders details and the amount of money sent
How much money can be transferred from [COUNTRY_FROM_NAME] to [COUNTRY_TO_NAME]?
The amount of [CURRENCY_TO] you can receive from [COUNTRY_FROM_NAME] will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers. You should also check if there are any government regulations pertaining to the amount of [CURRENCY_TO] that can be received in [COUNTRY_TO_NAME] or sent from [COUNTRY_FROM_NAME] before making your transfer.