How Can I Send Money to Someone in Turkey?
Money services such as Western Union and MoneyGram offer the option of sending money to a person in Turkey. These services allow you to send money to a Turkish bank account, grocery store, or currency exchange. If your recipient doesn’t have a bank account in Turkey, you can send money to their mobile phone number instead. You can even receive text messages from your recipient that let them know that the money has been sent.
The best way to send money to a person in Turkey is to use an international money transfer provider that is registered in both countries. These providers are registered with the Financial Crimes Enforcement Network and often also have a state license. Once you select a provider, you’ll need to provide details about the person you’re sending money to.
If you’re sending money from the United States to Turkey, you can use a Western Union account. This service has over 500,000 locations in over 200 countries and supports transfers from over 130 currencies. It’s a great option for people without bank accounts and can be arranged in person, over the phone, or online. The service even offers tracking numbers for your money to make sure you’re sending the right amount.
Although money transfers to Turkey are relatively cheap compared to other types of transfers, they are not free. The fees involved are typically in the range of $10 to $40. If you’re sending money over a large amount, check the fees to see if they’re reasonable. You can also compare the exchange rates between money transfer providers so you can make the best decision.
Another good option is to use Wise. Wise lets you send money in USD to Turkey and gives you an accurate mid-market exchange rate. It also sends the money to a local bank account. Wise charges a flat fee of just 5.39 USD to Turkey, which is just 1.1% of the amount converted. This is much cheaper than the traditional methods.
It is important to research the cheapest way to send money to someone in Turkey, and check the terms and conditions of different money transfer services. Be aware that many of the most popular money transfer services include hidden fees, and it’s important to shop around for the most affordable option.