Send money to Turkey

Best Services To Transfer Money To Turkey

To begin sending money to Turkey, simply pick a method of transfer and send it. Some options are cheaper, some offer speed, some are really convenient, while others offer the best combination of everything. Read on to learn more.

How to Send Money

• Banks: Although the Turkish Lira is not a popular currency, some banks make provisions for transfer to Turkey. However, inter-bank transfers can be costlier and much slower compared to other methods due to relatively high fees and wide exchange rate margins.
• Cash transfers: Some financial establishments run international cash transfers. And they can be the most suitable option, especially when an inter-bank transfer is unfavorable. Simply identify a provider that has a cash pick-up center in the recipient’s desired location. But users pay for the convenience of using this transfer option in weak exchange rates and high charges.
• E Transfer: Digital funds transfer platforms online may be the most cost-effective choice in terms of currency exchange rate and fees plus your beneficiary can receive the money in their bank account in Turkey almost immediately. Transfers through this method are often faster when you opt to use debit or credit cards more than when other payment options are used.

How to do Online Money Transfer?

1. Confirm the price at which your currency is converting to the Turkish Lira (TRY).
2. Search for remittance services. Check their options for deposit and delivery, limits for transfers, speed, and other factors important to you.
3. Select any online transfer service of your choice. Sign up for a free account with them. You can begin the transfer once your account is confirmed.
4. Complete the form you receive with the required recipient’s information, the amount you wish to send, and select a method of delivery and final destination.
5. Go through your supplied data and confirm accuracy to ensure a smooth process. Then, proceed to deposit the transfer sum and you’re done.
6. Keep your receipt for both tracking the transaction and collecting cash.

Which Service to use for Wiring Money

Select a service to use based on the following considerations:

• Conversion rates markup.
• Service fees & charges.
• Partnership with banks in Turkey.
• Payment and withdrawal options.
• Delivery speed
• Least and max transfer limits.

How Expensive is Sending Funds?

The actual cost of sending money to any country is typically determined by your transfer preferences. Online services for money transfer are often preferred because they offer strong conversion rates and lowest fees. It may also be more cost-effective to use financial service companies that deal specifically in foreign currencies. This is because other transfer options may attract high fees, weak currency conversion rates, and slower delivery.

Some companies have support for the collection of cash from designated centers with deliveries in a few minutes. You simply have to consider the fees, rates, speed and ease while avoiding the problems of hidden charges. Emergency deliveries are typically more expensive.

Why you should Use a Financial Service Provider From Our Site

We’ve researched and carefully selected the best financial service providers. Use our tool to

• Compare conversion rates, service charges and so much more.
• Use the real-time rates and fees we provide to know exactly how much your recipient will receive.
• Find cheaper ways of sending money by taking advantage of available discounts and other attractions.