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Companies for transfers from Turkey to South Africa
"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."
"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."
"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."
"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."
"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."
"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."
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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."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"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."
Overall best option: Wise
Of the 13 companies that support TRY to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 84.2% of Turkey to South Africa searches, consistently scoring as one of the best ways to send TRY to ZAR.
So for a great mix of cost, speed & features, send Turkish Liras to South Africa using Wise.
Compare for the best deal on your Turkey to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Turkey to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for TRY to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Turkey to South Africa
A comparison of providers offering services between Turkey and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Turkish Lira to South Africa we've compared 13 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Turkey.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Turkey to South Africa.
Cheapest way to transfer money to South Africa from Turkey: Lumon
Data collected over the past six months shows that Lumon is 0.8% cheaper than the second-best option.
Lumon offers this through a combination of an average 0* TRY fee per transfer and exchange rate between TRY-ZAR that is 1% different to the mid-market rate
If you want the cheapest way to send Turkish Lira to South Africa, Lumon is our recommended choice.
*The most common fee applied to TRY-ZAR by Lumon, based on data from the past six months.
Fastest way to transfer money to South Africa from Turkey: Wise.
Through our data, we found Wise to be the fastest option for sending money from Turkey into Rand in 35.7% of occasions. For fast TRY to ZAR money transfers, Wise comes highly recommended.
Turkey to South Africa transfers with Wise have an average fee of 421.15 TRY.
To test that Wise was the 'fastest' option we compared 13 providers. With this, we compared overall speed of sending money from Turkey to South Africa made up of depositing Turkish Liras, to a money transfer account and transfer times to South Africa.
When sending at speed is a priority, Wise is our recommended choice for sending into South Africa from Turkey.
Need to make a large transfer?
Wise is the best option for large transfers of the 13 providers compared.
While Wise may not always be the cheapest or fastest way to send TRY from Turkey to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of moving money from Turkey to South Africa
The total cost of sending money to South Africa 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-ZAR is 0.508 ZAR per Turkish Lira.
Finding a company offering an exchange rate closer to this will mean more Rand for your Turkish Lira.
The average TRY-ZAR mid-market rate for the last three months has been 0.5207 ZAR per Turkish Lira. This includes a high of 0.5608, and low of 0.5007.
Out of the 13 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting TRY to ZAR should be the biggest determining cost factor when transferring Turkish Lira to South Africa.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Lumon, with a fee average of 0 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 Rand eventually received in South Africa.
A lower cost of sending from Turkey will result in more money received in South Africa.
How to get the best exchange rate for Turkish Lira to Rand
Getting the best exchange rate essential for sending money between TRY and ZAR. The exchange rate you secure impacts how much ZAR you get for your TRY.
Here is how the currency has performed recently.
Over the past six months, the mid-market from TRY to ZAR has been 0.5207.
During this period, the highest value was 0.5608, while the lowest was 0.5007.
Wise, which is our recommended choice to send money online from Turkey to South Africa offers an exchange rate that is only 0.11% above the mid-market rate.
Want to secure the best TRY-Rand 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 South Africa!
Funding your Turkey to South Africa transfer
Bank transfers
The default option for sending money from Turkey to South Africa is often a bank transfer.
Using a money transfer company such as Lumon for transfers from Turkey to South Africa, 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 South Africa is Lumon.
With an average fee of TRY0 to send money from Turkey to South Africa, Lumon offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from Turkey to South Africa with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between Turkey and South Africa.
Credit cards
is the best money transfer company of the 13 compared for credit card transfers from Turkey to South Africa
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 South Africa 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 South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
