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Companies for transfers from Germany to Turkey
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"Fast, secure internatinal transfers with no fees and transparent rates. They offer a free currency card for use at home and abroad."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"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 choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 96.9% of Germany to Turkey searches, and was the top rated company out of 20 that support EUR to TRY.
So for a great mix of cost, speed & features, make your Germany to Turkey transfer using Wise.
How to get the best deal on your Germany to Turkey transfer
Summary of recent searches
Important things to consider before sending money from Germany to Turkey
Don't settle for the first option. Always compare ways to send money from Germany to Turkey to find out about fees, speed, and reliability.
Our analysis included 20 providers that operate between Germany and Turkey.
Through this, you get a comprehensive view of all the options you have in Germany when you need to send money to Turkey.
Cheapest way to send money to Turkey from Germany: Western Union
Data collected over the past six months shows that Western Union is -4855.7% cheaper than the second-best option.
The €0 transfer cost represents the most common fee for EUR to TRY international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Turkey transfer, make sure you pick Western Union to send your money online.
*The most common fee applied to EUR-TRY by Western Union, based on data from the past six months.
Fastest way to send money from Germany to Turkey: Wise
Our data shows that Wise came up as the fastest way to send money from Germany to Turkey in 68.7% of searches. This makes them well suited to urgent EUR to TRY money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Germany to Turkey - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Turkey from Germany in 68.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Germany to Turkey, it’s the provider that will keep you safe and relaxed while your money moves into TRY.
Understanding the costs involved when moving money from Germany to Turkey
When calculating the costs of money transfers between Germany and Turkey, here's what really matters:
The Mid-Market Rate: Today, the EUR-TRY mid-market rate equals to 37.9339 TRY per Euro.
The EUR-TRY average exchange rate for the past three months has been 37.1618 TRY per Euro, with a high of 38.2282 and a low of 35.8604.
When looking to send money, we'd recommend Dahabshiil. On average Dahabshiil is -0.01% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to TRY.
How to find the best exchange rate for Euro to Turkish Lira
Timing is essential for sending money between EUR and TRY. The exchange rate you secure impacts how much TRY you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to TRY has seen some fluctuation. On average, it stood at 37.1618.
During this period, the highest value recorded was 38.2282, while the lowest was 35.8604.
Wise, which is our recommended service to send money online from Germany to Turkey offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best EUR-Turkish Lira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Germany to Turkey!
Payment methods available to fund your Germany to Turkey transfer
Bank transfers
Bank transfers are often the default option for sending money from Germany to Turkey.
By using a money transfer company such as Western Union for transfers from Germany to Turkey, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Western Union is the cheapest provider for bank transfers from the 20 we tested when sending EUR to Turkey.
With an average fee of EUR0 to send money from Germany to Turkey, Western Union offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Germany to Turkey with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Germany to Turkey, competing among a total of 20 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Germany to Turkey, Xe emerges as our top choice of the 20 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why 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 Turkey and Germany.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Germany to Turkey.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to TRY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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