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Send money from Singapore to Turkey(SGD → TRY)
SGD
TRY|Updated recentlyMid-market 37.4990Cheapest todayof 6 providers
Wise
Rate 37.3340 · Fee S$4.40
You send
S$1,000
Recipient gets
₺37,170
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Singapore to Turkey in August 2026 is Wise, which delivers 37,169.69 TRY on a 1,000 SGD transfer with a fee of S$4.40.
Last reviewed: by Awais Imran, Reviews Editor
What is the cheapest way to send SGD to TRY?
Sending S$1,000 from Singapore to Turkey. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 37.3340·Fee S$4.40·0.44% markup
Rate 37.3190·Fee S$4.80·0.48% markup
Rate 37.2252·Fee S$7.30·0.73% markup
Rate 36.3440·Fee S$30.80·3.08% markup
Rate 36.3365·Fee S$31.00·3.10% markup
Rate 37.1990·Fee Free·0.80% markup
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Compare the cheapest ways to send money from Singapore to Turkey. We compare fees, exchange rates, and transfer speeds from 15+ providers so you get the most TRY for your S$.
Whether you're supporting family in Turkey or paying for business services, finding the cheapest way to send money from Singapore matters. Exchange rate markups and transfer fees add up — especially on regular transfers. Our real-time comparison helps you cut costs by showing the exact amount your recipient gets from each provider.
Which provider offers the best SGD to TRY rate?
Wise
4.3Exchange rate
37.3340
Fee
S$4.40
Recipient gets
₺37,169.69
Speed
1-2 business days
Also available · Digital-asset rails
Crypto & stablecoin routes for SGD → TRY
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
BTCTurk
Kraken → Stellar (USDC) → BTCTurk · ~5 seconds
37,361 TRY
0.38% all-in
+
BTCTurk
Kraken → Stellar (USDC) → BTCTurk · ~5 seconds
37,361 TRY
0.38% all-in
- 1Kraken SGD→USDC: 0.26%
- 2Stellar network: 0.000001 USDC
- 3BTCTurk: 0.00% spread
- 40.10% withdrawal fee
Also routable via Stellar (USDC), Solana (USDC), Polygon (USDC), Arbitrum (USDC).
Source: CCXT (btcturk)
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.
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Example alert
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
Thu 16:40Guides, fees & how it works
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Singapore to Turkey route.
Cheapest transfer
Wise
Delivers the most TRY for your money
Fastest transfer
Remitly
Delivers in Minutes
Cash pickup
Western Union
Widest cash pickup network
Bank transfer
Wise
Best rate for bank deposit to Turkey
How to send money to Turkey
Sending money to Turkeyis straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much SGD you want to send, compare providers above, and pick the one offering the best TRY amount for your transfer to Turkey.
Step 2
Add your recipient
Enter your recipient's details in Turkey — you'll need their iban. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit (eft) typically takes same day to 1 day.
What you need to send money to Turkey
Make sure you have these details from your recipient before starting your transfer.
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: SGD to TRY
See how much your recipient would get for common transfer amounts.
Send S$500
ProviderFeeReceives
Wise
37.33 · 1-2 business days
Western Union
37.32 · 1 business day
InstaReM
37.23 · 1-3 business days
OFX
36.34 · 1-3 business days
Remitly
36.34 · Minutes
Regency FX
37.20 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
WiseS$2.2037.33₺18,5851-2 business days
Western UnionS$2.4037.32₺18,5701 business day
InstaReMS$3.6537.23₺18,4771-3 business days
OFXS$15.4036.34₺17,6121-3 business days
RemitlyS$15.5036.34₺17,605Minutes
Regency FXFree37.20₺18,599Same day to 2 business days
Send S$1,000
ProviderFeeReceives
Wise
37.33 · 1-2 business days
Western Union
37.32 · 1 business day
InstaReM
37.23 · 1-3 business days
OFX
36.34 · 1-3 business days
Remitly
36.34 · Minutes
Regency FX
37.20 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
WiseS$4.4037.33₺37,1701-2 business days
Western UnionS$4.8037.32₺37,1401 business day
InstaReMS$7.3037.23₺36,9531-3 business days
OFXS$30.8036.34₺35,2251-3 business days
RemitlyS$31.0036.34₺35,210Minutes
Regency FXFree37.20₺37,199Same day to 2 business days
Send S$5,000
ProviderFeeReceives
Wise
37.33 · 1-2 business days
Western Union
37.32 · 1 business day
InstaReM
37.23 · 1-3 business days
OFX
36.34 · 1-3 business days
Remitly
36.34 · Minutes
Regency FX
37.20 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
WiseS$22.0037.33₺185,8481-2 business days
Western UnionS$24.0037.32₺185,6991 business day
InstaReMS$36.5037.23₺184,7671-3 business days
OFXS$154.0036.34₺176,1231-3 business days
RemitlyS$155.0036.34₺176,050Minutes
Regency FXFree37.20₺185,995Same day to 2 business days
How much does it cost to send money from Singapore to Turkey?
Transfer fees from Singapore to Turkey vary by provider. Specialist services charge S$0–10 per transfer, while banks charge S$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total TRY your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically S$0–S$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (37.4990).
Ways to send money to Turkey
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit via EFT is the standard method in Turkey. PTT (Post Office) locations offer cash pickup in areas where banking access is limited.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Turkey?
Your recipient in Turkey can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit (EFT)
Same day to 1 day
Transfer to Turkish bank accounts via the EFT (Electronic Fund Transfer) system.
WiseRemitlyWorldRemitWestern Union
Cash Pickup
Minutes
Collect cash from PTT (Turkish Post) offices, bank branches, and partner locations.
Western UnionMoneyGramRia Money Transfer
What are the transfer limits and regulations for Turkey?
Important rules and requirements to know before sending money to 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?
Most transfers from Singapore to Turkey arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Turkey for a small premium.
FastExpress delivery
- RemitlyMinutes
Standard delivery
- Wise1-2 business days
- Western Union1 business day
- InstaReM1-3 business days
- OFX1-3 business days
- Regency FXSame day to 2 business days
Popular banks in Turkey
These are the most commonly used banks for receiving international transfers in Turkey.
BankSWIFT/BICNotes
Ziraat Bankası
TCZBTR2AXXX
İş Bankası (İşbank)
ISBKTRISXXX
Garanti BBVA
GABORISIXXX
Akbank
AKBKTRISXXX
Yapı Kredi
YAPITRISXXX
Halkbank
TRHBTR2AXXX
Frequently asked questions
Common questions about sending money from Singapore to Turkey
What is the cheapest way to send money from Singapore to Turkey?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Singapore to Turkey?
Most specialist providers deliver to Turkey within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send S$1,000 from Singapore to Turkey?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much TRY your recipient would receive from a S$1,000 transfer today.
Can I send money from Singapore to Turkey online?
Yes, all the providers we compare support online transfers from Singapore to Turkey. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Turkey?
Money transfer services are almost always cheaper. Banks typically charge S$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge S$0–10 with markups under 1%, saving you significantly on every transfer to Turkey.
More for this corridor
Everything about sending money to Turkey
Recipient requirements, delivery methods, regulations, popular banks, and more.
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