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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 90.9% of Turkey to Germany searches, and was the top rated company out of 5 that support TRY to EUR.
So for a great mix of cost, speed & features, make your Turkey to Germany transfer using Wise.
How to get the best deal on your Turkey to Germany transfer
Summary of recent searches
Important things to consider before sending money from Turkey to Germany
Don't settle for the first option. Always compare ways to send money from Turkey to Germany to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Turkey and Germany.
Through this, you get a comprehensive view of all the options you have in Turkey when you need to send money to Germany.
Cheapest way to send money to Germany from Turkey: Wise
Data collected over the past six months show that Wise is 0% cheaper than the second-best option.
The ₺190.06 transfer cost represents the most common fee for TRY to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a TRY to Germany transfer, make sure you pick Wise to send your money online.
*The most common fee applied to TRY-EUR by Wise, based on data from the past six months.
Fastest way to send money from Turkey to Germany: Wise
Our data shows that Wise came up as the fastest way to send money from Turkey to Germany in 79.8% of searches. This makes them well suited to urgent TRY to EUR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Turkey to Germany - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Germany from Turkey in 79.8% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send TRY from Turkey to Germany, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when moving money from Turkey to Germany
When calculating the costs of money transfers between Turkey and Germany, here's what really matters:
The Mid-Market Rate: Today, the TRY-EUR mid-market rate equals to 0.029058. Keep in mind that this rate fluctuates all the time.
The TRY-EUR average exchange rate of the past three months has been 0.0309, with a highest of 0.0341 and a lowest of 0.0285.
When in doubt, use Wise. On average, Wise hovers just 0% above the mid-market rate.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent TRY to EUR rates that are only 0% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Turkish Lira to Euro
Timing is essential sending money between TRY and EUR. The exchange rate you secure impacts how much EUR you get for your TRY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from TRY to EUR has seen some fluctuation. On average, it stood at 0.0309.
During this period, the highest value recorded was 0.0341, while the lowest was 0.0285.
Wise, which is our recommended service to send money online from Turkey to Germany offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best TRY-Euro exchange rates?
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Payment methods available to fund your Turkey to Germany transfer
Bank transfers
Traditional bank transfers are often the default option for sending money from Turkey to Germany.
By using a money transfer company, you can still send a bank transfer, but avoid many of the downsides.
Using Wise for sending money online from Turkey to Germany, you can save a lot of money on fees. With an average fee of TRY187.98 to send money from Turkey to Germany, Wise offers a great combination of competitive exchange rates and lower fees.
You can make a bank transfer, funding your Wise account, as this offers the best service to send TRY to Germany with this payment method.
In the past six months Wise received an impressive 68.3% recommendation rate for bank transfers payments between Turkey and Germany.
Debit and prepaid cards
Sending money from Turkey to Germany with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Turkey to Germany, competing among a total of 5 active money transfer companies on this route. They consistently rank at the top in this category.
Our data show that Wise was best in this area with a 22.1% recommendation rate over the past six months.
Credit cards
When it comes to credit card transfers, Wise emerges as our top choice.
Among 5 companies offering this service, our comparison engine's last six months of data on TRY to EUR searches show Wise has been ranked as the best provider.
They have an impressive 21.4% recommendation rate for this payment method.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why 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 Germany and Turkey.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Germany .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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