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Overall top choice: Wise
Of the 11 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 92% of searches for transfers between Turkey and Spain.
When sending money from Turkey to Spain, using Wise in a great option.
How to to send from Turkey to Spain in the best way
- Always compare rates
Money transfers to Spain should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Turkey to Spain.
- 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 Spain.
Summary of recent searches
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Considerations to make sending money from Turkey to Spain easy
Comparing the different providers offering services between Turkey and Spain, is the best way to send money with confidence.
The 11 providers we've compared ensures you will get the best options for your transfer to Spain 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 Spain.
Cheapest way to send money to Spain from Turkey: Regency FX
The cost is a combination of an average fee of 0* TRY and an exchange rate for converting Turkish Lira to Euro that is 0.11% different to the mid-market rate.
On average, Regency FX is 0.6% cheaper than the second-best option.
We would recommend Regency FX for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to TRY-EUR by Regency FX, based on data from the past six months.
Fastest way to transfer money to Spain from Turkey: Wise.
Through our data, we found Wise to be the fastest option for sending money from Turkey into Euro in 53.4% of occasions. For fast TRY to EUR money transfers, Wise comes highly recommended.
Turkey to Spain transfers with Wise have an average fee of 869.58 TRY.
To test that Wise was the 'fastest' option we compared 11 providers. With this, we compared overall speed of sending money from Turkey to Spain made up of depositing Turkish Liras, to a money transfer account and transfer times to Spain.
When sending at speed is a priority, Wise is our recommended choice for sending into Spain from Turkey.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 11 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Turkey to Spain 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 Spain from Turkey.
Understanding the cost of moving money from Turkey to Spain
The total cost of sending money to Spain 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-EUR is 0.0273 EUR per Turkish Lira.
Finding a company offering an exchange rate closer to this will mean more Euro for your Turkish Lira.
The average TRY-EUR mid-market rate for the last three months has been 0.0275 EUR per Turkish Lira. This includes a high of 0.0288, and low of 0.0262.
Out of the 11 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting TRY to EUR should be the biggest determining cost factor when transferring Turkish Lira to Spain.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Regency FX, 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 Euro eventually received in Spain.
A lower cost of sending from Turkey will result in more money received in Spain.
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 0.0275.
During this period, the highest value was 0.0288, while the lowest was 0.0262.
Wise, which is our recommended choice to send money online from Turkey to Spain offers an exchange rate that is only 0% 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 Spain!
Payment methods for Turkey to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Turkey to Spain.
By opting for a money transfer company such as Regency FX for transfers from Turkey to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Regency FX is the cheapest provider for bank transfers from the 11 we tested when sending TRY to Spain.
With an average fee of TRY0 to send money from Turkey to Spain, Regency FX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Turkey to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Turkey to Spain, this is among a total of 11 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Turkey to Spain, Wise emerges as our top choice of the 11 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain 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 Spain.
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.
Money transfer company reviews
