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The best way to send money from Turkey to Russia

Compare ways to send money from Turkey to Russia. Find the cheapest, fastest, and most reliable providers with the best TRY to RUB exchange rates.

Read on for the best deals, expert information, and all you need to send money to Russia from Turkey.

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Overall best way: Wise

Wise is our recommended company for TRY to RUB transfers.

Wise scored the highest of the 2 money transfer companies supporting TRY to RUB transfers.

In total, Wise appeared in 84% of Turkey to Russia searches.

For a great mix of cost, speed & features, we advise using Wise for your Turkey to Russia transfer.

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How to to send from Turkey to Russia in the best way

Summary of recent searches

Top rated for transfers from Turkey to Russia
Wise
Total number of TR - RU providers
2
Average cheapest fees & rate
Wise
Average fastest transfer
Wise
Best for bank transfers
Wise
Best for debit card
Instarem
Best for credit card
Instarem

Considerations to make sending money from Turkey to Russia easy

1
Compare providers

Comparing the different providers offering services between Turkey and Russia, is the best way to send money with confidence.

The 2 providers we've compared ensures you will get the best options for your transfer to Russia 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 Russia.

2
Exchange rates between Turkish Lira-Russian Ruble
3
Choose the right payment method
4
Financial regulation in Turkey and Russia
5
Consider transfer limits
6
Receiving money in Russia
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money from Turkey to Russia: Wise

Wise offers the lowest cost transfers between Turkey and Russia out of the 2 providers compared.

Our data shows Wise is 0% cheaper than the second-best option. The company offers an average fee of 74.47* TRY and an average exchange rate between TRY and RUB that is 0% different to the mid-market rate.

For a cheap way to send TRY to Russia, Wise is a great all round choice.

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

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

Of 2 companies compared, Wise offers the quickest way to send Turkish Liras to Russia.

Through our data, we found Wise to be the fastest option for sending money from Turkey into Russian Ruble in 68% of occasions. For fast TRY to RUB money transfers, Wise comes highly recommended.

Turkey to Russia transfers with Wise have an average fee of 67 TRY.

To test that Wise was the 'fastest' option we compared 2 providers. With this, we compared overall speed of sending money from Turkey to Russia made up of depositing Turkish Liras, to a money transfer account and transfer times to Russia.

When sending at speed is a priority, Wise is our recommended choice for sending into Russia from Turkey.

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Transfer a large amount of money

To transfer large sums of money from Turkey to Russia, opt for a provider with a competitive exchange rate and hands on management.

Wise is the strongest option for large transfers of the
2 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from Turkey to Russia can become expensive through your bank or with the wrong provider.

Our data shows Wise as the best choice for sending large sums of money to Russia from Turkey.

Understanding the cost of moving money from Turkey to Russia

The total cost of sending money to Russia from Turkey, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.

The Mid-Market and Exchange Rates: Currently, the mid-market for TRY-RUB is 2.8841 RUB per Turkish Lira.

  • Finding a company offering an exchange rate closer to this will mean more Russian Ruble for your Turkish Lira.

  • The average TRY-RUB mid-market rate for the last three months has been 2.7266 RUB per Turkish Lira. This includes a high of 2.8772, and low of 2.5412.

  • Out of the 2 companies compared, Wise offers the best exchange rates.

  • The exchange rate you receive on converting TRY to RUB should be the biggest determining cost factor when transferring Turkish Lira to Russia.

Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise, with a fee average of 74.47 TRY per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.

Amount Received: Money transfer companies will show you the amount of Russian Ruble eventually received in Russia.

A lower cost of sending from Turkey will result in more money received in Russia.

Tracking the exchange rate for Turkish Lira to Russian Ruble

Getting a better exchange rate between TRY and RUB can make a huge difference to the overall cost of sending money.

Mid-market Rate
1
= 2.884061 RUB

Over the last six months, between Turkey and Russia, the average numbers are:

  • TRY to RUB saw an average 2.7266 RUB mid-market rate.

  • The highest point was 2.8772 RUB, while the lowest was 2.5412 RUB.

  • 2 providers are currently offering transfers between Turkey and Russia.

Want to secure the best TRY-Russian Ruble exchange rates?

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Funding your Turkey to
Russia transfer

  • Bank transfers

    The default option for sending money from Turkey to Russia is often a bank transfer.

    Using a money transfer company such as Wise for transfers from Turkey to Russia, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    From the 2 we tested, the cheapest provider for bank transfers from TRY to Russia is Wise.

    With an average fee of TRY58.49 to send money from Turkey to Russia, Wise offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from Turkey to Russia with a prepaid or debit card is easy with Wise.


    Wise is a leader in accepting card payments for transfers between Turkey and Russia.

  • Credit cards

    Instarem is the best money transfer company of the 2 compared for credit card transfers from Turkey to Russia

    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 Russia 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 Russia.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY to RUB.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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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.