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Companies for transfers from India 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."
"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."
"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."
Overall best option: Wise
Of the 11 companies that support INR to TRY, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 78.7% of India to Turkey searches, consistently scoring as one of the best ways to send INR to TRY.
So for a great mix of cost, speed & features, send Indian Rupees to Turkey using Wise.
How to get the best deal on sending money from India to Turkey
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Turkey.
- Choose a provider
Select the provider that offers you the best value on buying TRY & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
What to consider ahead of money transfers from India to Turkey
Comparing based on your specific needs is the best way to send money from India to Turkey with confidence.
Our analysis, and search results, include 11 providers that operate between India and Turkey. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Turkey.
Cheapest way to send money to Turkey from India: Ria Money Transfer
They offer an average fee of 4* INR and exchange rate between INR-TRY that is 2.8% different to the mid-market rate.
In comparison, Ria Money Transfer is 0% cheaper than the second-best option.
To secure affordable and great rates on a INR to Turkey transfer, Ria Money Transfer is our recommended choice.
*The most common fee applied to INR-TRY by Ria Money Transfer, based on data from the past six months.
Fastest way to send money to Turkey from India: Ria Money Transfer
Our comparison shows Ria Money Transfer is the fastest option for sending Indian Rupee into Turkish Lira 54.1% of the time. For urgent INR to TRY money transfers, they’re our recommended choice.
A INR-Turkish Lira transfer through Ria Money Transfer comes with an average 4 INR fee.
To ensure Ria Money Transfer was the 'fastest' option we compared 11 providers. This comparison was for overall speed of sending money from India to Turkey and is a combination of depositing Indian Rupee, transfer times to Turkey and withdrawal timeframes where applicable.
When speed is a priority, Ria Money Transfer is the top choice for sending into Turkey from India.
Transferring large sums of money
Of the 11 money transfer companies tested, Wise is the strongest option for large transfers from India to Turkey.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from India to Turkey can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to INR because they offer a strong all-round product.
Understanding the costs involved when moving money from India to Turkey
The total cost of money transfers to Turkey from India, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for INR-TRY is 0.4178 TRY per Indian Rupee.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Turkish Lira for your Indian Rupees.
On average for the last three months, the INR-TRY mid-market rate has been 0.4087 TRY per Indian Rupee. This hit a high of 0.414, and a low of 0.3916.
From the 11 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting INR to TRY.
Fees: Some money transfers between India and Turkey will be subject to fees. Ria Money Transfer has had an average fee of 4 INR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Turkish Lira eventually received in Turkey.
This number should guide you, as a higher amount of money received in Turkey means a better overall cost of sending money from India.
How to find the best exchange rate for Indian Rupee to Turkish Lira
Timing is essential for sending money between INR and TRY. The exchange rate you secure impacts how much TRY you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to TRY has seen some fluctuation. On average, it stood at 0.4087.
During this period, the highest value recorded was 0.414, while the lowest was 0.3916.
Wise, which is our recommended service to send money online from India to Turkey offers an exchange rate that is only -0.06% above the mid-market rate.
Want to secure the best INR-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 India to Turkey!
Payment methods available to fund your India to Turkey transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Turkey.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Turkey allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 11 we tested when sending INR to Turkey.
With an average fee of INR4 to send money from India to Turkey, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Turkey with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from India to Turkey, competing among a total of 11 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Turkey, emerges as our top choice of the 11 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Turkey and India.
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 India to Turkey.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to TRY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
