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

Compare the best ways to send money from Turkey to Canada. Explore the fastest, cheapest, and most reliable providers with the best TRY to CAD exchange rates.

Read on for the best deals, expert information, and all you need to send money to Canada from Turkey.

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July 7th, 2025
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Best money transfer companies

Send money from Turkey to Canada

Last updated: Today
Mid-market rate as of 07/07/2025: 1 TRY = 0.034113 CAD
Results below are based on a 250000 TRY search
0 of 6 providers
Sponsored
Wise
Recipient gets (CAD)
$8,485.33
Full transfer details
Visit Wise
$213 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Exclusive: First Transfer Deal
Regency FX
Recipient gets (CAD)
$8,505.22
Full transfer details
Visit Regency FX
$233 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Live Rates
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1
Currencies Direct
Recipient gets (CAD)
$17,362.50
Full transfer details
Visit Currencies Direct
$9,090 better than a typical bank*

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Personal account manager
Multi-currency card
Receive to bank account
Exclusive: First Transfer Deal
2
Regency FX
Recipient gets (CAD)
$8,505.22
Full transfer details
Visit Regency FX
$233 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
3
OFX
Recipient gets (CAD)
$8,491.25
Full transfer details
Visit OFX
$219 better than a typical bank*

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
4
Wise
Recipient gets (CAD)
$8,485.33
Full transfer details
Visit Wise
$213 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Lumon
Recipient gets (CAD)
$8,442.97
Sponsored
Wise
Recipient gets (CAD)
$8,485.33
Full transfer details
Visit Wise
$213 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Exclusive: First Transfer Deal
Regency FX
Recipient gets (CAD)
$8,505.22
Full transfer details
Visit Regency FX
$233 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service

Best choice: Wise

Wise is our recommended way to send Turkish Lira to CAD.

We tested & reviewed dozens of money transfer providers, and Wise scored highly.

Transferring 250,000 TRY to CAD will cost you ₺1283.61 in fees, and you will receive 8,485.33 CAD. The delivery time is next day, but it depends on the day you make the transfer.

So for a great blend of cost, speed & features, make your Turkey to Canada transfer using Wise.

Wise is the top rated company for sending money from Turkey (TRY) to Canada (CAD) - Wise Screenshot

How to to send from Turkey to Canada in the best way

Summary of recent searches

Top rated for transfers from Turkey to Canada
Wise
Total number of TR - CA providers
6
Average cheapest fees & rate
Regency FX
Average fastest transfer
Regency FX
Average transfer time
Within minutes
Best for bank transfers
Regency FX

Sending money from Turkey to Canada considerations

1
Compare providers

A comparison of providers offering services between Turkey and Canada is the easiest way to ensure the best deal.

We've compared 6 providers that offer services for sending Turkish Lira to Canada.

This ensures you will get the best options for your transfer to Canada from Turkey.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Turkey to Canada.

2
Get the most from the Turkish Lira-Canadian Dollar exchange rate
3
Choose the right payment method
4
Financial regulations in Turkey and Canada
5
Consider transfer limits
6
How to receive money
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Canada from Turkey: Regency FX

Regency FX combines the lowest fees with the best exchange rate and from the 6 companies compared offers the cheapest transfers to Canada from Turkey.

Data collected through our comparison over the past week shows that Regency FX is 0.16% cheaper than the second-best option.

The cost is made up of a fee of 0 TRY and an exchange rate for buying Canadian Dollar with Turkish Lira that is 0.27% different to the mid-market rate.

If you want to secure the best rates on a Turkey to Canada transfer, Regency FX offers value. We would still recommend searching for the amount you want to send to Canada.

Fastest way to transfer money to Canada from Turkey: Regency FX.

Of 6 companies compared, Regency FX offers the quickest way to send Turkish Liras to Canada.

For example, sending ₺250,000 to Canada with Regency FX will be minutes - 24 hours.

But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.

Turkey to Canada transfers with Regency FX have a fee of 0 TRY.

To test that Regency FX was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from Turkey to Canada made up of depositing Turkish Liras, to a money transfer account and transfer times to Canada.

When sending at speed is a priority, Regency FX is our recommended choice for sending into Canada from Turkey.

Sending a large amount of money?

For big transfers from Turkey to Canada, competitive pricing & strong customer service are essential.

Of the
6 providers compared, Wise is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Turkey to Canada, it's a great provider for things like buying or selling property.

Understanding the costs involved when moving money from Turkey to Canada

The total cost of money transfers to Canada from Turkey, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.

The Mid-Market and Exchange Rates: The current mid-market for TRY-CAD is 0.0342 CAD per Turkish Lira.

  • Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Turkish Liras.

  • On average for the last week, the TRY-CAD mid-market rate has been 0.0341 CAD per Turkish Lira. This hit a high of 0.0343, and a low of 0.0341.

  • From the 6 companies compared, Currencies Direct offers the best exchange rates.

  • The biggest factor in the overall cost of sending money is the exchange rate you receive on converting TRY to CAD.

Fees: Some money transfers between Turkey and Canada will be subject to fees. Regency FX has a fee of 0 TRY based on a 250,000 TRY transfer.

Although you should search for your send amount for actual fees as your scenario may be different.

Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.

This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from Turkey.

How to find the best exchange rate for Turkish Lira to Canadian Dollar

Timing is essential for sending money between TRY and CAD. The exchange rate you secure impacts how much CAD you get for your TRY.

Mid-market Rate
1 
=
0.034212 
CAD

Let's dive into some interesting recent trends.

  • Over the past week, the exchange rate from TRY to CAD has seen some fluctuation. On average, it stood at 0.0341.

  • During this period, the highest value recorded was 0.0343, while the lowest was 0.0341.

  • Wise, which is our recommended service to send money online from Turkey to Canada offers an exchange rate that is only 0.04% above the mid-market rate.

Want to secure the best TRY-Canadian Dollar exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Turkey to Canada!

Funding your Turkey to
Canada transfer

  • Bank transfers

    The default option for sending money from Turkey to Canada is often a bank transfer.

    Using a money transfer company such as Regency FX for transfers from Turkey to Canada, allows for sending via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


    From the 6 we tested, the cheapest provider for bank transfers from TRY to Canada is Regency FX.

    With the fee of TRY0 to send money from Turkey to Canada, Regency FX offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from Turkey to Canada with a prepaid or debit card is easy with .


    is a leader in accepting card payments for transfers between Turkey and Canada.

  • Credit cards

    We recommend using a bank transfer or a debit card deposit instead of a credit card, as many companies do not allow direct deposits with a credit card and are usually more expensive.

    If you absolutely need to deposit with a credit card, we recommend running a quick comparison search to find the company that fits your needs.

    Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Canada and Turkey.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from Turkey to Canada.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY to CAD.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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What is the best exchange rate I can get for sending money from Turkey to Canada?
Are there any minimum or maximum transfer amounts for sending money from Turkey to Canada?
Can I schedule regular transfers between Turkey and Canada?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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