Sending money to Turkey is now more accessible than ever, with a variety of services that cater to different needs, whether you’re transferring funds for personal reasons or business purposes. From direct bank transfers to convenient cash pickups, this guide outlines the most reliable, cost-effective, and fastest ways to send money to Turkey. We’ll cover options from countries like the USA, UK, India, and Pakistan, and dive into services such as Western Union, PayPal, and money transfer apps that make the process seamless.
How to Send Money to Turkey Bank Account
One of the most common methods to send money to Turkey is through direct bank transfers. You can easily transfer funds from your bank to a recipient’s Turkish bank account using platforms like Wise or Revolut, which offer lower fees and favorable exchange rates compared to traditional banks. Many people opt for this method when sending large amounts of money.
Benefits:
● Direct deposit into a Turkish bank account.
● Secure and traceable transactions.
● Ideal for large sums.
What is the Cheapest Way to Send Money to Turkey?
When sending money to Turkey, minimizing fees is important. Wise (formerly TransferWise) is
often considered the cheapest option due to its low fees and mid-market exchange rates. Other cost-effective options include Remitly and WorldRemit, which allow you to compare rates and ensure you get the best deal.
Tips for saving:
● Compare fees across platforms.
● Look for promotions or first-time user discounts.
● Use services that offer mid-market exchange rates.
How to Send Money to Turkey via Western Union
Western Union is a popular choice for sending money to Turkey, especially for those who prefer cash pickups. With thousands of agent locations across Turkey, recipients can pick up cash within minutes after the money has been sent. This method is convenient for those without a bank account.
How to Use Western Union:
● Visit a Western Union agent or use the mobile app.
● Enter the recipient’s details.
● Pay the transfer fee and send the money.
How to Send Money to Turkey for Cash Pickup
For recipients who prefer to receive cash, services like Western Union and MoneyGram offer cash pickup options. The funds can be collected at various agents across Turkey, making it convenient for recipients without access to a bank.
Key Points:
● Funds are available within minutes.
● Recipients must provide identification to collect the money.
● Available in both urban and rural locations.
How to Receive Money from Western Union in Turkey
Receiving money through Western Union in Turkey is simple. The recipient needs to visit any Western Union agent location, provide the transfer details and a valid ID, and collect the funds. Always ensure you have the MTCN (Money Transfer Control Number) handy to facilitate the pickup process.
Steps:
● Visit a Western Union location in Turkey.
● Provide your MTCN number.
● Show valid identification to receive the money.
How to Send Money to Turkey Using PayPal
While PayPal is not as widely used for personal transfers in Turkey due to local restrictions, it remains an option for sending money to businesses or for online transactions. You can transfer funds to PayPal accounts linked to Turkish bank accounts, but fees tend to be higher than other methods.
Considerations:
● Ensure the recipient has a PayPal account.
● Fees may be higher compared to other services.
● Transactions are fast but may incur additional charges.
Turkey Money Transfer App
Money transfer apps have revolutionized the way we send money globally, offering a convenient way to transfer money directly from your smartphone. For sending money to Turkey, popular apps like Wise, WorldRemit, and Revolut stand out for their competitive rates, ease of use, and fast transfers.
Top Apps for Sending Money to Turkey
➢ Wise: Known for low fees and excellent exchange rates, Wise is ideal for international bank transfers.
➢ WorldRemit: This app is great for small amounts and offers multiple transfer methods, including cash pickups and mobile wallets.
➢ Revolut: A favorite for those who need to send money directly to a Turkish bank account with low fees.
How to Send Money to Turkey from the UK
If you’re sending money to Turkey from the UK, you have several options depending on your transfer needs. For fast transfers, Western Union and Revolut are popular options, offering both bank transfers and cash pickup options. Wise is also widely used for its low fees and competitive exchange rates.
Fastest and Cheapest Options:
● Wise: Ideal for bank transfers with low fees and good exchange rates.
● Western Union: Best for instant cash pickups at agent locations.
● Revolut: Suitable for those who need to send money directly to Turkish bank accounts.
How to Send Money to Turkey from Pakistan
For sending money from Pakistan to Turkey, services like Xoom, MoneyGram, and Western Union are the most popular options. These platforms are secure, offer competitive exchange rates, and allow for either bank deposits or cash pickups.
Best Services for Pakistan to Turkey Transfers:
● Western Union: Known for fast cash pickups.
● MoneyGram: Widely available with multiple agents across both countries.
● Xoom: A PayPal service that offers secure and reliable international transfers.
How to Send Money to Turkey from India
When sending money from India to Turkey, platforms such as Remitly, Xoom, and MoneyGram are good options. These services offer fast transfers with low fees, allowing you to send money directly to Turkish bank accounts or for cash pickup.
Recommended Platforms:
● Remitly: Offers low fees and fast delivery times.
● MoneyGram: A reliable service for those who need cash pickup options.
How to Send Money to Turkey from USA
If you’re sending money to Turkey from the USA, services like Wise, Xoom, and Western Union are top choices. They offer secure, fast, and affordable money transfers. Wise is highly recommended for bank transfers due to its low fees, while Western Union and Xoom are ideal for fast transfers, especially for cash pickups.
Best Services from USA to Turkey:
❖ Wise: Known for low fees and competitive exchange rates.
❖ Western Union: Best for cash pickups with quick processing times.
❖ Xoom: Ideal for instant transfers with easy-to-use online and mobile platforms.
Sending money to Turkey is easy, thanks to a wide variety of services that cater to different needs, whether you prefer bank transfers or cash pickups. Popular platforms like Wise, Western Union, Revolut, and PayPal offer various methods, with options available from the USA, UK, Pakistan, and India. Be sure to compare fees, exchange rates, and transfer speeds to get the best value for your money.
