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Companies for transfers from Turkey to India
"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."
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"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."
"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."
"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."
"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."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
Our recommendation: Wise
We tested & reviewed 12 money transfer providers offering money transfers from Turkey to India, and Wise scored highly.
In total, Wise appeared in 100% of Turkey to India searches, and was the top rated company supporting transfers between TRY and INR.
For a great mix of cost, speed & features, we recommend making your Turkey to India transfer using Wise.
How to compare deals on Turkey to India money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Turkey to India.
- Choose a provider
Select the provider that gives you the best value & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer from Turkey. Your funds will be converted to Indian Rupee and transferred to India.
Summary of recent searches
Considerations to make sending money from Turkey to India easy
Comparing the different providers offering services between Turkey and India, is the best way to send money with confidence.
The 12 providers we've compared ensures you will get the best options for your transfer to India from Turkey. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Turkish Lira to India.
Cheapest way to transfer money to India 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 273.84* TRY fee per transfer and exchange rate between TRY-INR that is 0.04% different to the mid-market rate
If you want the cheapest way to send Turkish Lira to India, Wise is our recommended choice.
*The most common fee applied to TRY-INR by Wise, based on data from the past six months.
Fastest company to send money to India from Turkey: Wise.
Through our data, Wise was the quickest way to send money from Turkey to Indian Rupee 95.6% of the time.
Sending money through Wise to India from Turkey has an average fee of 306.01 TRY.
To understand who was the fastest, we tested Wise as part of 12 money transfer providers. Within this, we looked at the overall speed of sending money from Turkey to India. This was made up of transfer times to India after Turkish Liras were added to a money transfer account.
When fast money transfers between Turkey and India are a priority, Wise is our recommended choice.
Transfer a large sum of money
From 12 money transfer companies compared, Wise is the best option for large transfers from Turkey to India.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Turkey to India can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to India from Turkey because they offer a strong service and competitive exchange rates.
Understanding the costs involved when moving money from Turkey to India
The total cost of sending money to India from Turkey is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for TRY-INR is 2.3933 INR per Turkish Lira.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Indian Rupee for your Turkish Liras.
The TRY-INR mid-market rate over the last three months has seen the Turkish Lira worth an average 2.464 INR. Within this there has been a high of 2.5761, and a low of 2.4406.
From 12 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting TRY to INR.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 12 providers tested, averaging 273.84 TRY per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Turkey.
How to get the best exchange rate for Turkish Lira to Indian Rupee
Getting the best exchange rate essential for sending money between TRY and INR. The exchange rate you secure impacts how much INR you get for your TRY.
Here is how the currency has performed recently.
Over the past six months, the mid-market from TRY to INR has been 2.464.
During this period, the highest value was 2.5761, while the lowest was 2.4406.
Wise, which is our recommended choice to send money online from Turkey to India offers an exchange rate that is only 0.03% above the mid-market rate.
Want to secure the best TRY-Indian Rupee 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 India!
Funding your Turkey to India transfer
Bank transfers
The default option for sending money from Turkey to India is often a bank transfer.
Using a money transfer company such as Wise for transfers from Turkey to India, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 12 we tested, the cheapest provider for bank transfers from TRY to India is Wise.
With an average fee of TRY260.9 to send money from Turkey to India, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Turkey to India with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between Turkey and India.
Credit cards
is the best money transfer company of the 12 compared for credit card transfers from Turkey to India
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 India 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 India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
