How to send money to Turkey from Australia

Yvonne Taylor avatar
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David Boyd avatar
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Updated 10 Aug 2023
Send Money AUD to TRY (Turkish Lira)

Are you looking for the best way to send money from Australia to a family member, friend or business in Turkey?

Recipients will get more lira for the same amount of dollars if you send money to Turkey from Australia using an online international money transfer service because of their competitive exchange rates and lower fees.

Need to transfer money to Turkey from Australia?

Best ways to send money to Turkey

Remitly

On website

Remitly

Highlights

  • Enjoy great exchange rates and low fees.
  • Every transfer carries a delivery promise. Have your money delivered on time or get your money back.
  • Safety and security. Remitly uses industry-standard security protocols and encryption.

Pros

  • Low transaction fees.
  • Plenty of delivery options.
  • Wide global network, covering 50+ currencies and countries.
  • Highly rated customer support.

Cons

  • Fees apply when you fund your account using a credit card.
  • Transfer limits apply.
Send

On website

Send

Highlights

  • 4.9 star rating on Trust Pilot
  • Competitive Exchange Rates for Both Small and Large Transfers - Up To x5 Cheaper Than Banks
  • Personal Account Manager - Large Transfers Specialists
  • Australian Company, Australian Headquarters, and a Highly Professional Australian Team

Pros

  • No transfer transaction fee and no account-keeping fees.
  • Competitive foreign exchange margin compared to banks.
  • Wide range of currencies and destination countries.
  • Suitable for businesses as well as individuals.

Cons

  • Bank account is the only delivery method.
  • Minimum transfer amount of $250.
  • Limited funding methods.
Wise Money Transfer

On website

Highlights

  • Wise Borderless multi-currency receiving accounts. This gives you access to a digital currency wallet that you can hold and transact in over 50 currencies.
  • Borderless Debit Card. The FX optimised debit card is attached to your Wise Borderless account that can be used to withdraw or pay for purchases in foreign currency within or outside Australia.
  • Android and Apple Apps. Indulge convenience by transacting thru the Wise App anytime and anywhere!
  • Fund options. Loads of options to fund your Wise account including transfer from Debit and credit cards, or thru a local bank transfer. Quick and easy!

Pros

  • Low and competitive fees.
  • Easy to understand fee structure.
  • Easy to use website and mobile apps.
  • High transfer limit.

Cons

  • Limited currencies and destination countries compared with some competitors.
  • Can only send funds to the recipient's bank account.
OFX Money Transfer

On website

OFX Money Transfer

Highlights

  • Enjoy better rates and fees.
  • Transfers to most countries take 1-2 business days. Track your transfer online or with the OFX mobile app.
  • With support staff that are located in Australia, USA, UK, Canada, New Zealand, Hong Kong and Singapore.

Pros

  • Easy and quick account opening.
  • Wide range of supported currencies and countries.
  • No fees if transferring more than $10,000.
  • Enjoy additional features for business transfers.

Cons

  • Limited payment options.
  • $15 fee if transferring less than $10,000.

Compare more money transfer services before you send money to Turkey.

First time sending?

How to send money to Turkey from Australia

Money transfer services are a quick, convenient and affordable way to send money to Turkey from Australia. This step-by-step guide will show you how they work if you've never used one.

  1. Choose a money transfer service. Compare the various fees, transfer times, delivery options and other factors to find the best service to send money to Turkey.
  2. Open your account. You will need to provide some personal information and proof of identification.
  3. Set up the transfer. You will need to supply the recipient's full name, address, bank account number (if you want funds delivered to a bank), and how much money you plan to send. Different money transfer services offer varying options on how the funds you send to Turkey will be delivered to your recipient. Select the delivery option that serves you and the recipient.
  4. Choose how you will pay for the transfer. You can use a bank transfer, debit card or cash, and in some cases a credit card. How you pay for the transfer affects how long it will take for the money to be transferred and how much you will pay in transaction fees.
  5. Send the money and track the transfer. Once your transfer is initiated, you'll be able to track its progress and keep the recipient informed.

What are the fees and charges?

Costs for sending money to Turkey from Australia

  • Service fee. The amount a money transfer service charges to send your funds will vary depending on the amount of money being sent, how it is being delivered, and how the transaction is being funded.
  • Collection fee. A fee charged if you want your recipient to be able to pick up cash.
  • Delivery fee. An additional fee if you choose to have cash delivered to the recipient’s address.
  • Cash advance fee. A fee charged by the credit card issuer when you fund a money transfer with a credit card. Interest charges are applied separately.
  • Exchange rate. When you send money overseas, the exchange rate used by the transfer service can significantly impact how much your recipient will get.

Looking for other options?

Alternative ways to send money to Turkey from Australia

Some alternatives to online money transfer services for sending money to Turkey are listed below.

  • Bank transfers. You can send a bank transfer from your bank account to your recipient’s bank account. Depending on the banks involved, the transfer could take a few days. Your bank will charge a fee for sending an overseas transfer, and the receiving bank may charge a fee.
  • Crypto. If the recipient can accept crypto, this can be a very cheap and fast option. Sending a stablecoin means the recipient is not exposed to fluctuations in price, as they would if receiving Bitcoin or another token.
  • Money orders. You can purchase a paper money order in Australia and send it to your recipient in Turkey. Your recipient can cash the money order at a Turkish bank. This process could potentially take a long time, depending on the speed of mail or a courier.
  • Money transfer agents are located in most large towns and cities. Check that there is one near the recipient so they can collect the funds.
  • Prepaid cards. It is possible to send a prepaid card to your recipient in Turkey, which they can use to withdraw cash from ATMs or make purchases. Check with your provider for any limitations on the amount that can be loaded onto the card or withdrawn in one day.

Still not sure?

FAQs

How long does it take for money sent from Australia to arrive in Turkey?

The time frame will depend on the method used to send the money. For example, a bank transfer can take a few days, while money sent with a money transfer service can arrive within minutes.

Can I send money to Turkey if the recipient has no bank account?

Yes. You can still send money through a transfer service if the recipient has no bank account. The sender can configure the money transfer so the recipient can collect cash from a specific location, or a courier can deliver the cash. Alternatively, you could use a money order, send crypto, or even send a prepaid card.

Is it safe to send money to Turkey from Australia?

Yes, sending money to Turkey from Australia is safe when you use a reputable company. We only list established money transfer services on Finty.

Can I send a money order to Turkey from Australia?

Yes, it is possible to purchase a paper money order in Australia and send it to Turkey via postal mail or tracked courier. The recipient can then cash the money order at a bank, credit union, local post office or similar agency.

Can I use my credit card to send money to Turkey from Australia?

Yes. Some online transfer services allow you to fund a money transfer to Turkey with a credit card. However, your credit card issuer may charge a cash advance fee since the transaction will most likely be classified as a cash equivalent. Additionally, the transaction will immediately incur interest at the cash advance rate.

Can I send cryptocurrency to Turkey from Australia?

Yes, cryptocurrencies such as Bitcoin and Ethereum can be sent to Turkey from Australia. The recipient can then choose whether to sell the crypto for cash or use it to transact in stores and with people who accept it.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business