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Compare ways to send money from Turkey to Canada

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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Companies for transfers from Turkey to Canada

Sponsored - Online

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored - Managed Service

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 0.6%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.15% - 1.5%

"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
1% - 2%

"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."

Fees
No fees
Transfer Speed
0-5 days
Exchange Rate Markup
0.5% - 1.2%

"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%

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.

Wise appeared in 90.9% of Turkey to Canada searches in the last 6 months, and was the top rated company out of 10 that support TRY to CAD.

So for a great blend of cost, speed & features, make your Turkey to Canada transfer using 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
10
Average cheapest fees & rate
Wise
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Wise

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 10 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: Wise

Wise combines the lowest fees with the best exchange rate and from the 10 companies compared offers the cheapest transfers to Canada from Turkey.

Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.

The cost is made up of an average fee of 125.43* TRY and an exchange rate for buying Canadian Dollar with Turkish Lira that is 0% 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.

*The most common fee applied to TRY-CAD by Wise, based on data from the past six months.

Screenshot

Fastest way to transfer money to Canada from Turkey: Wise.

Of 10 companies compared, Wise offers the quickest way to send Turkish Liras to Canada.

Through our data, we found Wise to be the fastest option for sending money from Turkey into Canadian Dollar in 90.9% of occasions. For fast TRY to CAD money transfers, Wise comes highly recommended.

Turkey to Canada transfers with Wise have an average fee of 143.59 TRY.

To test that Wise was the 'fastest' option we compared 10 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, Wise is our recommended choice for sending into Canada from Turkey.

Screenshot

Sending a large amount of money?

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

Of the
10 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 0.0392 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 three months, the TRY-CAD mid-market rate has been 0.0409 CAD per Turkish Lira. This hit a high of 0.0419, and a low of 0.0403.

  • From the 10 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 had an average fee of 125.43 TRY per transfer over the last 6 months. 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 
=
0.039152 
CAD

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from TRY to CAD has seen some fluctuation. On average, it stood at 0.0409.

  • During this period, the highest value recorded was 0.0419, while the lowest was 0.0403.

  • 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 benefitting from lower fees and more favorable exchange rates. 


    From the 10 we tested, the cheapest provider for bank transfers from TRY to Canada is Wise.

    With an average fee of TRY171.98 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

    is the best money transfer company of the 10 compared for credit card transfers from Turkey to Canada

    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

How much money can be transferred from Turkey to Canada?
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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?

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.