How to send money to Turkey
Discover how to send money to Turkey with the best TRY exchange rate in four easy steps
1. Check the TRY exchange rate against your sending currency
Transfering money at the right moment is a good way to optimize your transfer. You can take advantage smart alerts to stay on top of the TRY mid-market rate against your currency.
2. Select the most interesting deal by comparing the available money transfer companies.
There are 28 providers to make money transfers to Turkey, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Picking the most competitive service from the more than 28 available options is a sure way to save money.
3. Choose the best option for your needs
Which criteria is the most important for you? Exchange rate and fees, speed of the transaction, customer ratings? Evaluate the pros and cons before making your decision.
In addition, you may want to take into account the options to pay for the transfer and receive the money. Providers often give you the possibility to pay for your transfer by wiring the money from your bank account or by cards (credit or debit). On the other side of the transfer, choose if you need the money to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and start your money transfer to Turkey with the money transfer provider you selected
The last step is to complete the sign-up form on the money transfer provider's homepage - be ready to give a copy of your ID and/or a proof of adress - and configure your transfer.