MoneyTransfers
/Send money/To Turkey/From Germany

How to Send Money from Germany to Turkey

Send money from Germany to Turkey without the high fees. Find the cheapest, fastest ways to transfer and enjoy great customer service.

Get the best deals on your transfer from Germany to Turkey here.

Sarah Edwards
Author 
Sarah Edwards
Sharon Bahravi
Editor 
Sharon Bahravi
6 minutes
December 18th, 2023
Disclosure

Ways to send money from Germany to Turkey

The best rated provider for transfers from Germany to Turkey

Wise

Total number of EUR - TRY providers

10

Average cheapest provider for transfers to Turkey from Germany

Instarem

Average cost of the cheapest transfer from Germany to Turkey

€268.46

Best for bank transfers from Germany to Turkey

Wise

Best for debit card transfers from Germany to Turkey

Instarem

Best for credit card transfers from Germany to Turkey

Wise

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from Germany to Turkey

Instarem is the best way to send money to Turkey from Germany. This is based on cost, speed, and how easy it is to use.

We analyzed 10 providers that allow EUR to TRY transfers. Instarem emerged as the best option in 44.6% of searches.

How to send money from Germany to Turkey

Follow these steps to send money between Germany and Turkey

  1. Choose your provider. Register with the provider of your choice by clicking on the link above.

  2. Enter your details. Enter your details and provide any of the documents needed.

  3. Start your transfer. Tell your provider that you'd like to send money from Germany to Turkey, how much you'd like to send, and how you'd like to pay for your transfer. You'll also need to add your recipient's details.

  4. Check the recipient's details. This is really important. It can be very difficult to reverse a transfer from Germany to Turkey once it's been sent. Make sure all the details are correct before you submit.

  5. Send the money. When you've checked the details, you can make the transfer.

The cheapest way to send money from Germany to Turkey

The cheapest way to send money from Germany to Turkey is Instarem. On average, transfers from Germany to Turkey with Instarem cost €268.46, making them cheaper than their nearest competitor.

Instarem has been the cheapest way to send money from Germany to Turkey for the last three months, on average.

Just to make you aware, bankTransfer was the cheapest payment method.

The current mid-market rate between EUR and TRY is 35.172497. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last three months, generally making sending money a little cheaper before fees.

Note: The cheapest way to send money isn't always the fastest

Instarem is the cheapest way to send money from Germany to Turkey, but make sure the timeframes work for you.

How the cost of sending money to Turkey from Germany is calculated

The cost of sending money from Germany to Germany depends on several things, including:

The mid-market rate

The current mid-market rate between EUR and TRY is 35.172497. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Turkey and Turkey. This is why Instarem is listed as our cheapest option - they offer the best combination of Euro to Turkish Lira rates (0.05) and fees (268.46).

Bank transfers from Germany to Turkey

Bank transfers are the most common way of sending EUR to Turkey as they are secure, reliable, and convenient.

If you want to send Euros to Turkey via bank transfer, Wise has been the top rated provider in our comparison system for the last three months, recommended 42.1% of the time.

That’s because companies like Wise bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, Wise's transaction fees for Euros into Turkey have averaged at 4.98 for the last three months. This is significantly lower than the fees charged by banks.

Credit card payments from Germany to Turkey

Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send Euros to Turkey with a credit card, Wise is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 88.4% of the time.

Note: Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.

Debit card payments from Germany to Turkey

Debit card payments let you send money from the Germany to Turkey with the similar convenience of a credit card, and there are usually no tax advance fees. That said, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send Euros to Turkey with a debit card, Instarem is your best option. They've been the top rated provider in our comparison system for the last three months, recommended 49.5% of the time.

Finding the best exchange rate for EUR to TRY

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many TRYs you can get for your EURs. The average Euro to Turkish Lira mid-market rate over the last month was 34.3587, with a low of 32.9279 and a high of 35.1246.

For comparison, the best exchange rate for EUR to TRY right now is through Wise, at a difference of -0.01%.

Mid-market Rate
1
= 35.172497 TRY
Mid-market rate at: 14:25 UTC
EUR/TRY Median: 35.086313 Low: 34.977956 High: 35.190366

How we find the best transfer deals from Germany to Turkey

We’ve compared the cost, speed, and product offering of the top money transfer services (including Wise) available between Turkey and Germany. Or comparison tool compares providers based on live fees, rates, and transfer times to make sure you get the best deal available.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Euro to Turkey, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Check your provider is regulated

You should only ever use regulated providers to transfer money. If a provider is not regulated, it’s likely to be a scam.

Remember: We will only ever recommend regulated financial institutions.

FAQs

How much money can be transferred from Germany to Turkey?
Are there any tax implications to sending money from Germany to Turkey?
Can I send money from Germany to Turkey with MoneyTransfers.com?

Contributors

Sarah Edwards
Sarah is a proficient Content Writer who specialises in the financial sector. Her expertise lies in delivering clear, informative articles that help readers navigate the complex world of financial transactions and currency exchanges.