Please note - We cannot make payments to businesses in Turkey. The recipient must be an individual's personal account.
Also, as our financial partners perform additional information and security checks from time to time, we may require more information about payments to this currency. If this is required for your payment, we will let you know by e-mail.
Sending money to Turkey
|TransferWise Fee||1% (or 6 TRY for payments under 600 TRY)||When sending from currencies where the fee would normally be 0.5%, the fee is instead 1%.|
|Delivery time*||1-2 working days||*After payout. Please keep in mind that TransferWise can take up to two working days to convert your funds from receiving the deposit|
|1 TRY/250,000 TRY|
|Countries we can send to||Turkey and Northern Cyprus (as long as the IBAN begins with TR)|
|Additional Receiving Banking Fees||None|
|Recipient Full Name||Yes||When sending to individuals, please including first name and surname. For extra long names, please use initials.|
|Recipient Full Address||Yes|
|Recipient IBAN||Yes||IBAN should be 26 characters long (letters and numbers) and begin with 'TR'.|
|Recipient SWIFT/BIC code||Yes||SWIFT/BIC code 8-11 characters (letters and numbers)|
|ID Document Information||Yes||When sending to Turkey, we need to know the following information from your recipient's ID document - document type, number, issuer country, issue date and expiry date (dd/mm/yy)*.|
|Amount Lock Transfers||Yes||The currency you're sending from must also be able to send fixed amounts.|
|Business Transfers||No||You can't currently make business transfers to Turkey, the recipient must be a private individual.|
|Reference||Email only||The reference will not arrive on your recipient's bank account- instead it will be sent out via email to the email address you added with the recipient name and bank details.|
|Verify ID||Yes||For all transfers to TRY, we now request a copy of an ID document (e.g. passport or driver's licence) prior to your first transfer.|
*Please note - Turkish ID cards do not show an expiry date, so you can enter a date in the future to complete this step.
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