How to Send Money to Turkey in 2026: Fast, Safe, and Legal Methods for Foreigners

Sending money to Turkey has become increasingly important for investors, expats, students, property buyers, and families supporting loved ones. In 2026, Turkey offers multiple ways to transfer money, but choosing the right method can save you time, money, and unnecessary trouble with banking regulations.

In this guide, you will learn the safest, fastest, and cheapest methods to transfer money to Turkey, along with important legal information, fees, limits, and expert tips to help you make the best decision.

 Why People Send Money to Turkey

• Buying real estate or investment property
• Funding bank accounts for Turkish residency or citizenship
• Paying tuition for international students in Turkey
• Supporting family members or personal expenses
• Investing in Turkish businesses or startups
• Tourism and medical services

No matter your purpose, choosing the right transfer method is essential to ensure your money arrives on time and securely.

 Best Ways to Transfer Money to Turkey in 2026

Below are the top legal and recommended options for foreigners:

1. International Bank Transfer (SWIFT)

• Ideal for large amounts
• Safe and regulated by central banks
• You can transfer directly to Turkish bank accounts such as Ziraat Bank, İşbank, VakıfBank, Garanti BBVA, and Akbank.
• Average fees: $20–$40 + exchange rate margin
• Processing time: 1–3 business days

Tip: Use banks that have correspondent banking relationships with Turkish banks for faster transactions.

2. Online Money Transfer Companies

These platforms offer lower fees and better exchange rates than traditional banks.

✔ Easy to use via mobile phone
✔ Transparent exchange rate
✔ No need for a Turkish bank account (cash pick-up options available)

3.Crypto Transfers (USDT, Bitcoin)

• Fastest option for international transfers
• No traditional banking fees
• Popular among investors and expats
• You can convert crypto to Turkish Lira using local exchanges such as Paribu, BtcTurk, Binance Turkey.

⚠ Must be done through regulated platforms to ensure legality and avoid account freezing.

4. Cash Transfer When Traveling

• You can bring up to €10,000 in cash when entering Turkey without declaration.
• For larger amounts, you must declare at customs.

Best for people planning to deposit money directly into a Turkish bank for real estate or business investments.

Required Information to Send Money to Turkey

To make a successful transfer, you usually need:

• Recipient’s full name
• IBAN number (starts with TR)
• Bank name and branch code
• SWIFT/BIC code (for international transfers)
• Purpose of payment (especially for large amounts)

Is It Legal to Send Money to Turkey?

✅ Yes, foreign money transfers to Turkey are completely legal. In fact, Turkey encourages foreign investment and offers multiple banking services in USD, EUR, and GBP.
However, large transfers may be reported to monitor money laundering, so always use licensed and transparent channels.

How to Get the Best Exchange Rate

• Avoid weekend transfers—exchange rates are higher.
• Use online transfer services for better rates than traditional banks.
• If transferring large amounts, contact the bank in advance and request a special exchange rate.

Why You Should Use Professional Assistance

If you are transferring money to buy property, apply for Turkish citizenship, or open an investment account, using a professional service will help you:

• Avoid legal mistakes
• Get official documentation for citizenship or residency
• Secure the best exchange rate
• Ensure your transfer is tax compliant
• Speed up the banking process

 If you need help opening a Turkish bank account or transferring money safely, contact us today. Our experts assist foreigners with fast, legal, and tax-friendly financial solutions in Turkey.