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.
"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."
"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."
"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."
"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."
"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."
"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."
Best choice: Wise
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 7,929.3 CAD. The delivery time is within a week, 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.
How to to send from Turkey to Canada in the best way
Always compare rates
Money transfers to Canada should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Turkey to Canada.
Choose a provider
Select the provider that offers you the best value on your Turkish Lira & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Canada.
Summary of recent searches
Sending money from Turkey to Canada considerations
A comparison of providers offering services between Turkey and Canada is the easiest way to ensure the best deal.
We've compared 4 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.
Cheapest way to send money to Canada from Turkey: Wise
Data collected through our comparison over the past week shows that Wise is 0.02% cheaper than the second-best option.
The cost is made up of a fee of 1283.61 TRY and an exchange rate for buying Canadian Dollar with Turkish Lira that is -0.05% different to the mid-market rate.
If you want to secure the best rates on a Turkey to Canada transfer, Wise 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: Currencies Direct.
Of 4 companies compared, Currencies Direct offers the quickest way to send Turkish Liras to Canada.
For example, sending ₺250,000 to Canada with Currencies Direct 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 Currencies Direct have a fee of 0 TRY.
To test that Currencies Direct was the 'fastest' option we compared 4 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, Currencies Direct is our recommended choice for sending into Canada from Turkey.
The best apps to send TRY to Canada from Turkey
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 4 apps & companies for TRY/CAD transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 4.4K reviews Android: 4.7 / 2.09K reviews | Yes (21 currencies) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) |
Sending a large amount of money?
Of the 4 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 0.0319 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 0.0319 CAD per Turkish Lira. This hit a high of 0.032, and a low of 0.0318.
From the 4 companies compared, Wise 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. Wise has a fee of 1283.61 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.
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 0.0319.
During this period, the highest value recorded was 0.032, while the lowest was 0.0318.
Wise, which is our recommended service to send money online from Turkey to Canada offers an exchange rate that is only -0.05% 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 Wise 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 4 we tested, the cheapest provider for bank transfers from TRY to Canada is Wise.
With the fee of TRY1283.61 to send money from Turkey to Canada, Wise 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 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 and review methodology.
Related transfer routes
Send money from Turkey
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Can I send money from Turkey to Canada with MoneyTransfers.com?
What are the typical transfer fees for sending Turkish Liras to Canada through various providers?
How long does it take to send money from Turkey to Canada?
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?
Tools & resources
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