Send Money to Turkey from Abroad
Turkey is probably amongst the most hospitable countries in the world. Thus, many residents in Turkey may wonder how to send money to Turkey from abroad, especially if the amount is large, such as the price of a property in Turkey or something else. Therefore, in this article from Ebla Real Estate, we will talk about the most important ways to transfer money to and from Turkey.
Table of contents:
- An introduction.
- The best ways to transfer money to Turkey from abroad:
- Transferring money through banks.
- Western Union.
- Turkish Post Office (PTT).
- Private offices and companies for money transfer and exchange.
- Transferring money through the Internet.
An introduction:
Turkey is the home of tourism and investment for various countries of the world. Thus, most foreigners send and receive money. There are also many Turkish citizens living abroad, who send money to Turkey. In this article, we will show the most important ways to transfer money to and from Turkey.
The best ways to transfer money to Turkey from abroad:
Transferring money through banks:
Banks in Turkey offer highly developed and secure mobile banking apps along with advanced internet banking. It is rather safe and easy to make a bank transfer to an account in Turkey.
All you need from the recipient is their full legal name and their IBAN. However, you should pay attention to exchange rates, bank fees and transfer time during international transfers.
Western Union:
Western Union is the world’s largest provider of money transfers. Moreover, it accepts 130 currencies and supports transfers to over 200 countries. Furthermore, you have many different transfer options with Western Union, including via a bank account, a wallet, prepaid card, or cash, all of which have different trade-off speeds and fees.
It is worth noting that sending and receiving via Western Union is limited to a maximum value of 7,500 $ or the equivalent in different currencies.
Turkish Post Office (PTT):
The postal service provider in Turkey is Posta Telgraf Teşkilatı, abbreviated as PTT.
Post offices in this country are not only engaged in postal services only, but also provide a wide range of different services, including money transfer, bill payment, and currency exchange in Turkey.
PTT is the fastest and best in terms of transporting and shipping goods and parcels in Turkey. Moreover, it is characterized by accuracy, safety and good services inside and outside Turkey.
Private offices and companies for money transfer and exchange:
Many investors have opened offices and companies for transfer money and exchange in the Arab countries and Turkey. Most of these companies are characterized by accuracy, credibility and speed of delivery.
In addition, these companies are available in the most important regions of the world such as Europe, Arab countries and Turkey.
It is worth noting that the person must verify the background of the company he wants to deal with in order to avoid any fraud.
Transferring money through the Internet:
That is through applications for transferring money between all countries of the world easily and simply, which are now widely available. However, be careful and choose the appropriate application for transferring money to Turkey from abroad.
Edited by: Ebla Group Real Estate
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