"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."
"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."
"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."
Overall best option: Wise
Of the 18 companies that support USD to TRY, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 96.6% of United States to Turkey searches, consistently scoring as one of the best ways to send USD to TRY.
So for a great mix of cost, speed & features, send US Dollars to Turkey using Wise.
How to compare deals on your United States to Turkey transfer
Considerations for sending money from United States to Turkey
Always compare ways to send money from the United States to Turkey to get the best options for fees, speed, and reliability.
Our analysis included 18 providers that operate between United States and Turkey.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Turkey.
Cheapest way to send money to Turkey from the United States: Revolut
They offer an average fee of 0* USD and exchange rate between USD-TRY that is 0.12% different to the mid-market rate.
In comparison, Revolut is % cheaper than the second-best option.
To secure affordable and great rates on a USD to Turkey transfer, Revolut is our recommended choice.
*The most common fee applied to USD-TRY by Revolut, based on data from the past six months.
Fastest way to send money to Turkey from the United States: Paysend
Our comparison shows Paysend is the fastest option for sending US Dollar into Turkish Lira 41.3% of the time. For urgent USD to TRY money transfers, they’re our recommended choice.
A USD-Turkish Lira transfer through Paysend comes with an average 0 USD fee.
To ensure Paysend was the 'fastest' option we compared 18 providers. This comparison was for overall speed of sending money from the United States to Turkey and is a combination of depositing US Dollar, transfer times to Turkey and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into Turkey from the United States.
Transferring large sums of money
Of the 18 money transfer companies tested, Wise is the strongest option for large transfers from the United States 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 the United States to Turkey can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to USD because they offer a strong all-round product.
Understanding the costs involved when moving money from United States to Turkey
The total cost of money transfers to Turkey from the United States, 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 USD-TRY is 35.084 TRY per US Dollar.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Turkish Lira for your US Dollars.
On average for the last three months, the USD-TRY mid-market rate has been 33.5257 TRY per US Dollar. This hit a high of 34.6018, and a low of 32.2383.
From the 18 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 USD to TRY.
Fees: Some money transfers between the United States and Turkey will be subject to fees. Revolut has had an average fee of 0 USD 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 the United States.
How to find the best exchange rate for US Dollar to Turkish Lira
Timing is essential for sending money between USD and TRY. The exchange rate you secure impacts how much TRY you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to TRY has seen some fluctuation. On average, it stood at 33.5257.
During this period, the highest value recorded was 34.6018, while the lowest was 32.2383.
Wise, which is our recommended service to send money online from United States to Turkey offers an exchange rate that is only -0.03% above the mid-market rate.
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United States to Turkey money transfer payment methods
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Turkey and United States.
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 United States to Turkey.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to TRY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.