Send money to Turkey
TapTap Send
Rate 48.8977 · Fee free
You send
$1,000
Estimated receipt
₺48,898
₺1,000 more than the lowest estimate · 0.53% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: TapTap Send ranks first of 7 for 1,000 USD → TRY: 48,897.73 TRY estimated. 1,027.41 TRY separates first from last.
Latest pricing observation: . Oldest observation used: . Quotes are kept per USD→TRY pair, not per country, so check is served before you commit. Methodology.
What is the cheapest way to send USD to TRY?
Sending $1,000 to Turkey, ranked by estimated payout.
Source: our collected quotes
TapTap SendBest value
48.8977
Free
₺48,897.73
Send
48.2439
$0.99
₺48,196.16
Send
48.2243
$2.00
₺48,127.81
Send
Estimated payout difference: ₺1,027.41 between first and last on $1,000.
Turkey sits at the crossroads of European and Middle Eastern remittance corridors, receiving substantial transfers from its large diaspora in Germany, the Netherlands, France, and the Gulf states. The Turkish lira (TRY) has experienced dramatic depreciation — losing over 80% of its value against the USD between 2018 and 2024 — making timing and rate comparison critical for senders. Turkey's banking system is modern, with real-time EFT transfers through the Central Bank's payment systems and widespread digital banking adoption through apps like Papara and Garanti BBVA Mobile.
- SWIFT and EFT (Electronic Fund Transfer) are the primary rails for incoming international transfers, with same-day settlement available through TCMB's real-time gross settlement system.
- Major receiving banks include Garanti BBVA, Isbank, Akbank, Yapı Kredi, and Ziraat Bankası — all support IBAN-based international transfers.
- Turkish IBANs are 26 characters starting with 'TR' and are required for all bank deposits.
- The lira's sharp depreciation means senders get significantly more TRY per dollar or euro than a few years ago, but rates change rapidly — locking in rates at transfer time is essential.
- Papara, a Turkish fintech wallet with 25M+ users, is gaining traction as an alternative to traditional bank deposits for younger recipients.
Which provider offers the best USD to TRY rate?
TapTap Send
4.7Exchange rate
48.8977
Fee
Free
Recipient gets
₺48,897.73
Speed
Under 3 minutes (95% of transfers)
Crypto & stablecoin routes for USD → TRY
Each is a fiat on-ramp → blockchain → local cash-out, not a one-tap transfer. All-in cost below.
OKX
Coinbase → Stellar (USDC) → OKX (TRY) · ~5 seconds
49,076 TRY
0.12% all-in
+
OKX
Coinbase → Stellar (USDC) → OKX (TRY) · ~5 seconds
49,076 TRY
0.12% all-in
- 1Coinbase USD→USDC: FREE
- 2Stellar network: 0.000001 USDC
- 3OKX (TRY): 0.07% spread
- 40.10% withdrawal fee
Also routable via Stellar (USDC), Solana (USDC), Polygon (USDC), Arbitrum (USDC).
Source: CCXT (okx)
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
Guides, fees & how it works
Which provider suits each USD→TRY transfer?
TapTap Send currently leads on both cost and speed for transfers to Turkey.
Cheapest transfer
TapTap Send
Delivers the most TRY for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
TapTap Send
Best rate for bank deposit to Turkey
What you need to send money to Turkey
Full name
Recipient's name as registered with their Turkish bank
IBAN
26-character Turkish IBAN starting with 'TR'
Example: TR330006100519786457841326
Bank name
Name of the receiving bank (e.g. İş Bankası, Garanti BBVA, Ziraat Bankası)
Note: Turkey uses the IBAN system with 26-character IBANs. IBAN is mandatory for all bank transfers in Turkey.
Transfer examples: USD to TRY
Send $500
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| TapTap Send48.90 · Under 3 minutes (95% of transfers) | Free | 48.90 | ₺24,449 | Under 3 minutes (95% of transfers) |
| Wise49.15 · Instant | $3.14 | 49.15 | ₺24,422 | Instant |
| InstaReM48.85 · 1-3 business days | Free | 48.85 | ₺24,424 | 1-3 business days |
| Remitly48.65 · Minutes to 3-5 days | $2.99 | 48.65 | ₺24,178 | Minutes to 3-5 days |
| Western Union48.24 · Minutes to 5 days | $0.99 | 48.24 | ₺24,074 | Minutes to 5 days |
| Ria Money Transfer48.22 · Minutes to 2 days | $2.00 | 48.22 | ₺24,016 | Minutes to 2 days |
Send $1,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| TapTap Send48.90 · Under 3 minutes (95% of transfers) | Free | 48.90 | ₺48,898 | Under 3 minutes (95% of transfers) |
| InstaReM48.85 · 1-3 business days | Free | 48.85 | ₺48,849 | 1-3 business days |
| Wise49.15 · Instant | $7.27 | 49.15 | ₺48,796 | Instant |
| Remitly48.65 · Minutes to 3-5 days | $2.99 | 48.65 | ₺48,502 | Minutes to 3-5 days |
| Western Union48.24 · Minutes to 5 days | $0.99 | 48.24 | ₺48,196 | Minutes to 5 days |
| Ria Money Transfer48.22 · Minutes to 2 days | $2.00 | 48.22 | ₺48,128 | Minutes to 2 days |
Send $5,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| Wise49.15 · Instant | $7.27 | 49.15 | ₺245,409 | Instant |
| TapTap Send48.90 · Under 3 minutes (95% of transfers) | Free | 48.90 | ₺244,489 | Under 3 minutes (95% of transfers) |
| InstaReM48.85 · 1-3 business days | Free | 48.85 | ₺244,243 | 1-3 business days |
| Remitly48.65 · Minutes to 3-5 days | $2.99 | 48.65 | ₺243,090 | Minutes to 3-5 days |
| Western Union48.24 · Minutes to 5 days | $0.99 | 48.24 | ₺241,172 | Minutes to 5 days |
| Ria Money Transfer48.22 · Minutes to 2 days | $2.00 | 48.22 | ₺241,025 | Minutes to 2 days |
How much does it cost to send money to Turkey?
Of the 7 estimates we hold for $1,000 USD to TRY, 3 charge no transfer fee and 4 charge between $0.99 and $7.27. Their exchange rates sit 0.01% to 2.62% above the mid-market rate (median 1.04%), a spread worth 1,283 TRY on this amount.
A volatile pair: 11.6 points apart; today is "great", the better half. Best payout day TapTap Send (2 October 2026), worst Ria Money Transfer (5 May 2026).
Ways to send money to Turkey
Bank deposit via EFT is the standard method in Turkey. PTT (Post Office) locations offer cash pickup in areas where banking access is limited.
How can my recipient receive money in Turkey?
Recipients in Turkey have 2 ways to receive this transfer: bank deposit (eft); cash pickup.
Bank Deposit (EFT)
Transfer to Turkish bank accounts via the EFT (Electronic Fund Transfer) system.
Cash Pickup
Collect cash from PTT (Turkish Post) offices, bank branches, and partner locations.
What are the transfer limits and regulations for Turkey?
Regulatory body
Central Bank of the Republic of Turkey (TCMB) / BDDK (Banking Regulation Agency)
Inbound transfer limits
No restriction on receiving international transfers
Documentation you may need
- Sender's government-issued ID
- Recipient's Turkish ID number (T.C. Kimlik No) may be required by some banks
Important things to know
- The Turkish lira (TRY) has experienced extreme volatility — rates can change significantly even within a single day.
- Turkey offers favorable tax treatment for incoming remittances.
- Some providers allow receipt in USD or EUR to protect against TRY depreciation.
- Turkish banks may charge incoming wire fees (typically 20–50 TRY) on SWIFT transfers.
How long does it take to send money to Turkey?
5 of the 8 providers quoting USD to TRY advertise delivery within minutes (TapTap Send, Wise, Remitly); 3 quote longer, such as InstaReM at 1-3 business days on USD to TRY.
Provider-stated speeds for Turkey, not our measurement.
- TapTap SendUnder 3 minutes (95% of transfers)
- WiseInstant
- RemitlyMinutes to 3-5 days
- Western UnionMinutes to 5 days
- Ria Money TransferMinutes to 2 days
- InstaReM1-3 business days
- OFX2 days
- Regency FXSame day may be available; confirm your route
Popular banks in Turkey
6 banks commonly receive international transfers in Turkey, including Ziraat Bankası and İş Bankası (İşbank). SWIFT/BIC codes are shown where we could verify them; confirm the rest with the receiving bank.
Ziraat Bankası
TCZBTR2AXXX
İş Bankası (İşbank)
ISBKTRISXXX
Garanti BBVA
—
Akbank
AKBKTRISXXX
Yapı Kredi
YAPITRISXXX
Halkbank
TRHBTR2AXXX
Great time to send
SendScoreBest rate +0.73% vs the 30-day average, near the 90-day high. Rates are improving — +0.44% week on week. Today's best beats the median provider by +2.37%.
- 40%near the 90-day high
- 25%+0.73% vs the 30-day average
- 20%today's best beats the median provider by +2.37%
- 15%improving — +0.44% week on week
Who is usually cheapest here
TapTap Send delivered the most on 63 of the last 91 days it quoted here (69%); TapTap Send is today's best too.
- 69%TapTap Send — cheapest on 63 of 91 days it quoted
- 31%InstaReM — cheapest on 28 of 91 days it quoted
- 0%Western Union — cheapest on 0 of 39 days it quoted
- 0%Bank of America — cheapest on 0 of 38 days it quoted
91 contested days of 91; single-quote days excluded for USD→TRY. See every corridor.
USD→TRY: 193 days of our recorded provider rates
USD to TRY Exchange Rate History
Per 100 USD sent, 193 days.
| Date | Wise | __mid Market__ | Remitly | InstaReM | TapTap Send |
|---|---|---|---|---|---|
| Trend | |||||
| Oct 5 | 49.1549 | 49.1598✓ | 48.6492 | 48.8503 | 48.9000 |
| Oct 4 | 49.1013 | 49.1357✓ | 48.5724 | 48.7896 | 48.9000 |
| Oct 3 | 49.1363✓ | 49.1363✓ | 48.6200 | 48.8124 | 48.9000 |
| Oct 2 | 49.1363✓ | 49.1363✓ | 48.6200 | 48.8124 | 48.9000 |
| Oct 1 | 49.1229✓ | 49.1229✓ | 48.6243 | 48.8208 | 48.8000 |
| Sep 30 | 49.0217✓ | 49.0217✓ | 48.5174 | 48.7303 | 48.8000 |
| Sep 29 | 49.0051✓ | 49.0051✓ | 48.5241 | 48.7132 | 48.7500 |
| Sep 28 | 49.0029✓ | 49.0029✓ | 48.4667 | 48.6697 | 48.6000 |
| Sep 27 | 48.9726✓ | 48.9726✓ | 48.4439 | 48.6468 | 48.6000 |
| Sep 26 | 48.9488✓ | 48.9488✓ | 48.4200 | 48.6228 | 48.6000 |
| Sep 25 | 48.9488✓ | 48.9488✓ | 48.3132 | 48.6495 | 48.6000 |
| Sep 24 | 48.9209✓ | 48.9209✓ | 48.4245 | 48.6771 | 48.6000 |
| Sep 23 | 48.8447✓ | 48.8447✓ | 48.3334 | 48.5334 | 48.6000 |
| Sep 22 | 48.8290 | 48.8388✓ | 48.2665 | 48.5199 | 48.6000 |
| Sep 21 | 48.8098✓ | 48.8098✓ | 48.3310 | 48.5289 | 48.4500 |
| Sep 20 | 48.7526 | 48.7672✓ | 48.2012 | 48.4510 | 48.4700 |
| Sep 19 | 48.7674 | 48.7723✓ | 48.2700 | 48.4674 | 48.3500 |
| Sep 18 | 48.7829✓ | 48.7829✓ | 48.2937 | 48.4887 | 48.3500 |
| Sep 17 | 48.7428✓ | 48.7428✓ | 48.2505 | 48.4490 | 48.3500 |
| Sep 16 | 48.6638✓ | 48.6638✓ | 48.1594 | 48.3562 | 48.3500 |
| Sep 15 | 48.6383✓ | 48.6383✓ | 48.1485 | 48.3408 | 48.3500 |
| Sep 14 | 48.6296✓ | 48.6296✓ | 48.1494 | 48.3307 | 48.3500 |
| Sep 13 | 48.5929✓ | 48.5929✓ | 47.7544 | 47.9488 | 48.3500 |
| Sep 12 | 48.5172 | 48.5463✓ | 48.0200 | 48.2633 | 48.3500 |
| Sep 11 | 48.5309 | 48.5795✓ | 48.0544 | 48.2576 | 48.3500 |
| Sep 10 | 48.4946✓ | 48.4946✓ | 48.0006 | 48.2002 | 48.3500 |
| Sep 9 | 48.4715✓ | 48.4715✓ | 47.9475 | 48.1675 | 48.4500 |
| Sep 8 | 48.4605✓ | 48.4605✓ | 47.9573 | 48.1589 | 48.4500 |
| Sep 7 | 48.4405✓ | 48.4405✓ | 47.9427 | 48.1474 | 48.4000 |
| Sep 6 | 48.4320 | 48.4417✓ | 47.9361 | 48.1337 | 48.2200 |
| Sep 5 | 48.4357✓ | 48.4357✓ | 47.9400 | 48.1343 | 48.1200 |
| Sep 4 | 48.3825 | 48.4212✓ | 47.9623 | 48.1557 | 48.1200 |
| Sep 3 | 48.3066 | 48.3163✓ | 47.8388 | 48.0275 | 47.8500 |
| Sep 2 | 48.2965✓ | 48.2965✓ | 47.8245 | 48.0021 | 47.8500 |
| Sep 1 | 48.2593✓ | 48.2593✓ | 47.7791 | 47.9749 | 47.9400 |
| Aug 31 | 48.2593✓ | 48.2593✓ | 47.7791 | 47.9749 | 47.9400 |
| Aug 30 | 48.2419✓ | 48.2419✓ | 47.7500 | 47.9406 | 47.9400 |
| Aug 29 | 48.2419 | 48.2467✓ | 47.7500 | 47.9406 | 47.9400 |
| Aug 28 | 48.2451✓ | 48.2451✓ | 47.7602 | 47.9508 | 47.9400 |
| Aug 27 | 48.1267 | 48.1363✓ | 47.6524 | 47.8385 | 47.9200 |
| Aug 26 | 48.1079 | 48.1175✓ | 47.6205 | 47.8246 | 47.5800 |
| Aug 25 | 48.0853✓ | 48.0853✓ | 47.6130 | 47.8002 | 47.5800 |
| Aug 24 | 48.0775✓ | 48.0775✓ | 47.5946 | 47.7883 | 47.7400 |
| Aug 23 | 48.0396✓ | 48.0396✓ | 47.5600 | 47.7464 | 47.8600 |
| Aug 22 | 48.0396✓ | 48.0396✓ | 47.5600 | 47.7464 | 47.8600 |
| Aug 21 | 48.0148 | 48.0388✓ | 47.5007 | 47.7299 | 47.7500 |
| Aug 20 | 47.9530✓ | 47.9530✓ | 47.4637 | 47.6625 | 47.7500 |
| Aug 19 | 47.9315✓ | 47.9315✓ | 47.4557 | 47.6380 | 47.6700 |
| Aug 18 | 47.9156✓ | 47.9156✓ | 47.4384 | 47.6217 | 47.3700 |
| Aug 17 | 47.9006✓ | 47.9006✓ | 47.4347 | 47.6255 | 47.3700 |
| Aug 16 | 47.8825 | 47.9544✓ | 47.4000 | 47.5918 | 47.4200 |
| Aug 15 | 47.8825 | 47.9688✓ | 47.4000 | 47.5918 | 47.4200 |
| Aug 14 | 47.8357 | 47.8596✓ | 47.3577 | 47.5935 | 47.4200 |
| Aug 13 | 47.8211✓ | 47.8211✓ | 47.3105 | 47.4036 | 47.4200 |
| Aug 12 | 46.7642 | 47.7527✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 11 | 46.7642 | 47.7332✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 10 | 46.7642 | 47.7142✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 9 | 46.7642 | 47.7970✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 8 | 46.7642 | 47.8749✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 7 | 46.7642 | 47.6991✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 6 | 46.7642 | 47.5923✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 5 | 46.7642 | 47.5681✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 4 | 46.7642 | 47.5488✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 3 | 46.7642 | 47.5391✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 2 | 46.7642 | 47.5584✓ | 46.2263 | 46.4196 | 46.5700 |
| Aug 1 | 46.7642 | 47.5826✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 31 | 46.7642 | 47.5005✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 30 | 46.7642 | 47.4138✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 29 | 46.7642 | 47.3945✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 28 | 46.7642 | 47.3705✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 27 | 46.7642 | 47.3562✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 26 | 46.7642 | 47.3657✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 25 | 46.7642 | 47.3514✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 24 | 46.7642 | 47.3226✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 23 | 46.7642 | 47.2318✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 22 | 46.7642 | 47.2127✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 21 | 46.7642 | 47.1937✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 20 | 46.7642 | 47.1746✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 19 | 46.7642 | 47.1603✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 18 | 46.7642 | 47.1603✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 17 | 46.7642 | 47.1413✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 16 | 46.7642 | 47.0417✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 15 | 46.7642 | 47.0323✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 14 | 46.7642 | 47.0276✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 13 | 46.7642 | 46.9992✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 12 | 46.7642 | 46.9992✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 11 | 46.7642 | 46.9898✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 10 | 46.7642 | 46.9520✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 9 | 46.7642 | 46.8720✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 8 | 46.7642 | 46.8532✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 7 | 46.7642 | 46.8345✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 6 | 46.7642 | 46.8157✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 5 | 46.7642 | 46.8626✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 4 | 46.7642 | 46.9284✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 3 | 46.7642 | 46.7782✓ | 46.2263 | 46.4196 | 46.5700 |
| Jul 2 | 46.6780 | 46.6873✓ | 46.2039 | 46.3894 | 46.4700 |
| Jul 1 | 46.6661 | 46.6708✓ | 46.1696 | 46.3801 | 46.4400 |
| Jun 30 | 46.6586✓ | 46.6586✓ | 46.1646 | 46.3650 | 46.4400 |
| Jun 29 | 46.6196 | 46.6336✓ | 46.1400 | 46.3349 | 46.1900 |
| Jun 28 | 46.6196 | 46.6336✓ | 46.1400 | 46.3349 | 46.1900 |
| Jun 27 | 46.6196 | 46.6523✓ | 46.1400 | 46.3349 | 46.3200 |
| Jun 26 | 46.5670 | 46.5996✓ | 46.1783 | 46.3079 | 46.1900 |
| Jun 25 | 46.5143✓ | 46.5143✓ | 46.0521 | 46.2320 | 46.1900 |
| Jun 24 | 46.4848 | 46.4894✓ | 46.0135 | 46.2174 | 46.3900 |
| Jun 23 | 46.4709✓ | 46.4709✓ | 45.9896 | 46.1862 | 46.1500 |
| Jun 22 | 46.4519 | 46.4565✓ | 45.9950 | 46.1709 | 46.2100 |
| Jun 21 | 46.4339 | 46.4525✓ | 45.9700 | 46.1503 | 46.2100 |
| Jun 20 | 46.4339 | 46.4664✓ | 45.9700 | 46.1503 | 46.2100 |
| Jun 19 | 46.4403✓ | 46.4403✓ | 45.9711 | 46.1538 | 46.0100 |
| Jun 18 | 46.4502✓ | 46.4502✓ | 45.9622 | 46.1645 | 46.0100 |
| Jun 17 | 46.2702 | 46.2748✓ | 45.8079 | 45.9861 | 46.0100 |
| Jun 16 | 46.2702 | 46.2748✓ | 45.8079 | 45.9861 | 46.0100 |
| Jun 15 | 46.2702 | 46.2748✓ | 45.8079 | 45.9861 | 46.0100 |
| Jun 14 | 46.2684✓ | 46.2684✓ | 45.8000 | 45.9830 | 46.0100 |
| Jun 13 | 46.2684✓ | 46.2684✓ | 45.8000 | 45.9830 | 46.0100 |
| Jun 12 | 46.2684✓ | 46.2684✓ | 45.8000 | 45.9830 | 46.0100 |
| Jun 11 | 46.1219 | 46.1265✓ | 45.6625 | 45.8278 | 45.5000 |
| Jun 10 | 46.1219 | 46.1265✓ | 45.6625 | 45.8278 | 45.5000 |
| Jun 9 | 46.1117✓ | 46.1117✓ | 45.6379 | 45.8216 | 45.5000 |
| Jun 8 | 46.0959✓ | 46.0959✓ | 45.6304 | 45.8086 | 45.4500 |
| Jun 7 | 46.0465 | 46.0557✓ | 45.5800 | 45.7653 | 45.5000 |
| Jun 6 | 46.0465 | 46.0511✓ | 45.5800 | 45.7653 | 45.5000 |
| Jun 5 | 46.0261 | 46.0537✓ | 45.5300 | 45.5437 | 45.3000 |
| Jun 4 | 45.9675 | 45.9721✓ | 45.5005 | 45.5535 | 45.4000 |
| Jun 3 | 45.9506✓ | 45.9506✓ | 45.4786 | 45.5616 | 45.2000 |
| Jun 2 | 45.9178 | 45.9224✓ | 45.4473 | 45.6446 | 45.1700 |
| Jun 1 | 45.8987 | 45.9033✓ | 45.4394 | 45.6197 | 45.4000 |
| May 31 | 45.8575✓ | 45.8575✓ | 45.2800 | 45.4673 | 45.4000 |
| May 30 | 45.8575✓ | 45.8575✓ | 45.2800 | 45.4673 | 45.4000 |
| May 29 | 45.8965✓ | 45.8965✓ | 45.4297 | 45.6163 | 45.4000 |
| May 28 | 45.8988✓ | 45.8988✓ | 45.4265 | 45.6185 | 45.4000 |
| May 27 | 45.9006✓ | 45.9006✓ | 45.4308 | 45.6187 | 45.4000 |
| May 26 | 45.9026✓ | 45.9026✓ | 45.4410 | 45.6219 | 45.4000 |
| May 25 | 45.7334✓ | 45.7334✓ | 45.3023 | 45.4588 | 45.4000 |
| May 24 | 45.7119✓ | 45.7119✓ | 45.2600 | 45.4327 | 45.4000 |
| May 23 | 45.7119 | 45.8219✓ | 45.2600 | 45.4327 | 45.4000 |
| May 22 | 45.7306✓ | 45.7306✓ | 45.2130 | 45.4775 | 45.3000 |
| May 21 | 45.5675 | 45.6085✓ | 45.1574 | 45.3401 | 45.3000 |
| May 20 | 45.5927✓ | 45.5927✓ | 45.1323 | 45.3120 | 45.3000 |
| May 19 | 45.5808 | 45.5899✓ | 45.1229 | 45.3004 | 45.3000 |
| May 18 | 45.5709 | 45.5755✓ | 45.1135 | 45.3117 | 45.1000 |
| May 17 | 45.5086✓ | 45.5086✓ | 45.0400 | 45.2172 | 45.1000 |
| May 16 | 45.5086✓ | 45.5086✓ | 45.0400 | 45.2172 | 45.2000 |
| May 15 | 45.5436 | 45.5527✓ | 45.0850 | 45.2656 | 45.1500 |
| May 14 | 45.4329 | 45.4602✓ | 45.0247 | 45.1980 | 45.1500 |
| May 13 | 45.4134 | 45.4179✓ | 44.9500 | 45.1354 | — |
| May 12 | 45.3903✓ | 45.3903✓ | 44.9309 | 45.1139 | — |
| May 11 | 45.3788✓ | 45.3788✓ | 44.9393 | 45.0666 | — |
| May 10 | 45.3684✓ | 45.3684✓ | 44.8900 | 45.0727 | — |
| May 9 | 45.3684✓ | 45.3684✓ | 44.8900 | 45.0727 | — |
| May 8 | 45.3278✓ | 45.3278✓ | 44.8409 | 45.0210 | — |
| May 7 | 45.2342 | 45.2387✓ | 44.7799 | 44.9580 | — |
| May 6 | 45.2360✓ | 45.2360✓ | 44.7614 | 44.9587 | — |
| May 5 | 45.2210✓ | 45.2210✓ | — | — | — |
| May 4 | 45.1962✓ | 45.1962✓ | 44.7400 | 44.9191 | — |
| May 3 | 45.1720 | 45.2217✓ | 44.7200 | 44.8960 | — |
| May 2 | 45.1720 | 45.2127✓ | 44.7200 | 44.8960 | — |
| May 1 | 45.1475 | 45.1520✓ | 44.6742 | 44.8459 | — |
| Apr 30 | 45.1833 | 45.1878✓ | 44.7304 | — | — |
| Apr 29 | 45.0686 | 45.0776✓ | 44.6193 | — | — |
| Apr 28 | 45.0342✓ | 45.0342✓ | 44.5820 | — | — |
| Apr 27 | 45.0183 | 45.0228✓ | 44.5432 | — | — |
| Apr 26 | 44.9970✓ | 44.9970✓ | 44.5400 | — | — |
| Apr 25 | 44.9970 | 45.0105✓ | 44.5400 | — | — |
| Apr 24 | 45.0007✓ | 45.0007✓ | 44.5489 | — | — |
| Apr 23 | 44.9250 | 44.9295✓ | 44.4745 | — | — |
| Apr 22 | 44.9239✓ | 44.9239✓ | 44.4700 | — | — |
| Apr 21 | 44.8888✓ | 44.8888✓ | 44.4312 | 44.6152 | — |
| Apr 20 | 44.8723✓ | 44.8723✓ | 44.4196 | 44.5974 | — |
| Apr 19 | 44.8575 | 44.8665✓ | 44.4000 | 44.5839 | — |
| Apr 18 | 44.8575 | 44.8755✓ | 44.4000 | 44.5839 | — |
| Apr 17 | 44.8528 | 44.8663✓ | 44.4406 | 44.5798 | — |
| Apr 16 | 44.7633 | 44.7723✓ | — | 44.5194 | — |
| Apr 15 | 44.7387 | 44.7432✓ | — | 44.4715 | — |
| Apr 14 | 44.7100✓ | 44.7100✓ | — | 44.4141 | — |
| Apr 13 | 44.7050✓ | 44.7050✓ | — | 44.4311 | — |
| Apr 12 | 44.6220 | 44.6265✓ | — | 44.3374 | — |
| Apr 11 | 44.6220✓ | 44.6220✓ | — | 44.3374 | — |
| Apr 10 | 44.6403 | 44.6448✓ | — | 44.3785 | — |
| Apr 9 | 44.4907 | 44.4951✓ | — | 44.2207 | — |
| Apr 8 | 44.5366✓ | 44.5366✓ | — | 44.2731 | — |
| Apr 7 | 44.6104✓ | 44.6104✓ | 44.1672 | 44.3381 | — |
| Apr 6 | 44.5600 | 44.6001✓ | 44.1467 | 44.2759 | — |
| Apr 5 | 44.5924 | 44.6236✓ | 44.1492 | 44.2514 | — |
| Apr 4 | 44.5924 | 44.6058✓ | 44.1492 | 44.3149 | — |
| Apr 3 | 44.5813✓ | 44.5813✓ | 44.1382 | 44.3029 | — |
| Apr 2 | 44.4863 | 44.4907✓ | 44.0440 | 44.2189 | — |
| Apr 1 | 44.4784 | 44.4873✓ | 44.0305 | 44.2097 | — |
| Mar 31 | 44.4413 | 44.4813✓ | 43.9797 | 44.1625 | — |
| Mar 30 | 44.4615 | 44.4704✓ | 44.0230 | 44.1990 | — |
| Mar 29 | 44.4500 | 44.4544✓ | 43.9942 | 44.0939 | — |
| Mar 28 | 44.4594✓ | 44.4594✓ | 44.0128 | 44.1886 | — |
| Mar 18 | 44.2094✓ | 44.2094✓ | 43.7620 | 44.0212 | — |
Frequently asked questions
Common questions about sending money to Turkey
What is the cheapest way to send money to Turkey?
On USD to TRY, the measured leader is TapTap Send, which led on 63 of the last 91 days we could compare; from the UK it is InstaReM (52 of 91 days), and from the eurozone Paysend (35 of 91 days). From Germany (the largest corridor), providers like Azimo, WorldRemit, and Wise compete aggressively. Fund via SEPA bank transfer from Europe or ACH from the US to avoid card processing fees.
How long does a money transfer to Turkey take?
Bank deposits via SWIFT typically arrive in 1–2 business days. Wise and some other providers use local EFT rails, which can deliver same-day if initiated before Turkish banking cut-off times. Cash pickup at Western Union or MoneyGram locations is usually available within an hour.
What is the Turkish IBAN format?
Turkish IBANs are 26 characters: 'TR' followed by 2 check digits, a 5-digit bank code, a 1-digit reserved character, and a 16-digit account number. Example format: TR33 0006 1005 1978 6457 8413 26. You must use IBAN for all bank transfers to Turkey — legacy account numbers alone are not sufficient.
Why does the Turkish lira exchange rate change so much?
The lira has been in a sustained decline due to Turkey's unconventional monetary policy, high inflation (which peaked above 85% in 2022), and geopolitical factors. This means the TRY rate can move 1–3% in a single week. Always compare rates at the moment of transfer and consider setting rate alerts for large transfers.
Can I send money to Papara in Turkey?
Papara is a popular Turkish digital wallet with over 25 million users, primarily among younger demographics. While direct international-to-Papara delivery is limited, your recipient can instantly transfer funds from their Turkish bank account to their Papara wallet at zero cost. Bank deposit remains the most reliable delivery method from abroad.
What details do I need for a Turkish bank transfer?
You need the recipient's full legal name (as registered with their Turkish bank), their IBAN (26 characters starting with TR), and optionally the SWIFT/BIC code for their bank (e.g., GARBTRIS for Garanti BBVA, ISBKTRIS for Isbank). The IBAN alone is technically sufficient for routing within Turkey.
Are there taxes on receiving remittances in Turkey?
Turkey does not impose a tax on incoming personal remittances. However, Turkey's Banking Regulation and Supervision Agency (BDDK) monitors large incoming transfers for anti-money-laundering compliance. Deposits above $10,000 equivalent may trigger routine inquiries from the receiving bank.
Can I pick up cash in Turkey?
Western Union and MoneyGram operate cash pickup locations throughout Turkey, concentrated in Istanbul, Ankara, Izmir, Bursa, and Antalya. PTT (the Turkish postal service) also partners with transfer operators for cash collection. However, bank deposit via IBAN is significantly more popular on Turkish corridors due to high banking penetration.
Which providers send money from Germany to Turkey?
Germany is the single largest source of remittances to Turkey. Wise, Azimo, WorldRemit, Western Union, and MoneyGram all serve the EUR-to-TRY corridor. Wise and Azimo typically offer the best exchange rates for SEPA-funded transfers, while Western Union provides the most cash pickup locations in Turkey.
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