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"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."
Our recommendation: Wise
We tested & reviewed 13 money transfer providers offering money transfers from Turkey to Germany, and Wise scored highly.
In total, Wise appeared in 89.2% of Turkey to Germany searches, and was the top rated company supporting transfers between TRY and EUR.
For a great mix of cost, speed & features, we recommend making your Turkey to Germany transfer using Wise.
How to to send from Turkey to Germany in the best way
- Always compare rates
Money transfers to Germany should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Turkey to Germany.
- 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 Germany.
Summary of recent searches
Get the most from sending money from Turkey to Germany
Comparing providers offering services between Turkey and Germany based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire TRY-EUR market and have compared 13 providers offering services between Turkey and Germany.
This ensures you will get the most comprehensive options for sending Turkish Lira to Germany.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Turkey to Germany transfer needs.
Cheapest way to transfer money to Germany from Turkey: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
Wise offers this through a combination of an average 22.94* TRY fee per transfer and exchange rate between TRY-EUR that is 0.02% different to the mid-market rate
If you want the cheapest way to send Turkish Lira to Germany, Wise is our recommended choice.
*The most common fee applied to TRY-EUR by Wise, based on data from the past six months.
Fastest company to send money to Germany from Turkey: Wise.
Through our data, Wise was the quickest way to send money from Turkey to Euro 73.8% of the time.
Sending money through Wise to Germany from Turkey has an average fee of 1,730.78 TRY.
To understand who was the fastest, we tested Wise as part of 13 money transfer providers. Within this, we looked at the overall speed of sending money from Turkey to Germany. This was made up of transfer times to Germany after Turkish Liras were added to a money transfer account.
When fast money transfers between Turkey and Germany are a priority, Wise is our recommended choice.
Transfer a large sum of money
From 13 money transfer companies compared, Wise is the best option for large transfers from Turkey to Germany.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Turkey to Germany can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to Germany from Turkey because they offer a strong service and competitive exchange rates.
Understanding the costs involved when transferring money from Turkey to Germany
When calculating the costs of money transfers between Turkey and Germany, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the TRY-EUR mid-market rate equals 0.0275 EUR per Turkish Lira.
For reference, the TRY-EUR average mid-market rate for the past three months has been 0.0272 EUR per Turkish Lira, with a high of 0.0286 and a low of 0.0262.
The company offering the best exchange rate is Wise.
Often the TRY-EUR exchange rate you receive is the bigger factor than how much it costs to send Turkish Liras to Germany.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Wise, averaging 22.94 TRY over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Euro is the biggest indicator the total cost of sending money from Turkey to Germany. Essentially, the more the recipient receives in Germany, the less it is costing to send from Turkey.
How to get the best exchange rate for Turkish Lira to Euro
Getting the best exchange rate essential for sending money between TRY and EUR. The exchange rate you secure impacts how much EUR you get for your TRY.
Here is how the currency has performed recently.
Over the past six months, the mid-market from TRY to EUR has been 0.0272.
During this period, the highest value was 0.0286, while the lowest was 0.0262.
Wise, which is our recommended choice 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?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Turkey to Germany!
Funding your Turkey to Germany transfer
Bank transfers
The default option for sending money from Turkey to Germany is often a bank transfer.
Using a money transfer company such as Wise for transfers from Turkey to Germany, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 13 we tested, the cheapest provider for bank transfers from TRY to Germany is Wise.
With an average fee of TRY31.31 to send money from Turkey to Germany, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Turkey to Germany with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between Turkey and Germany.
Credit cards
Wise is the best money transfer company of the 13 compared for credit card transfers from Turkey to Germany
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 Germany 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 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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