Question 1

What's the best way to send money from Bulgaria to Turkey?

Accepted Answer

It can be very confusing when sending money from Bulgaria to Turkey given so many choices. Additionally, Euro to TRY exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Bulgaria to Turkey as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Turkey from Bulgaria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Euro to Turkish Lira remittances.

Question 2

How to get the best exchange rate for sending money from Bulgaria to Turkey?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Turkey from Bulgaria. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your EUR to Turkish Lira money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Bulgaria to Turkey corridor to give you more good choices for your next TRY money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way for transferring money to Turkey from Bulgaria?

Accepted Answer

Finding the cheapest way to send money from Bulgaria to Turkey might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer EUR to TRY via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Bulgaria to Turkey exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

Should I use my bank to transfer money from Bulgaria to Turkey?

Accepted Answer

We do not recommend using your local bank in Bulgaria for your next EUR to TRY overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bulgaria to Turkey (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending TRY to Turkey. These companies will let you use your local bank account in Bulgaria to pay for your Turkey money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to transfer money from Bulgaria to Turkey?

Accepted Answer

If you need to convert EUR to TRY as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Bulgaria to Turkey could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to Turkish Lira funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Turkey.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Bulgaria to Turkey. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money from Bulgaria to Turkey?

Accepted Answer

The first step in selecting the best money transfer operators for Bulgaria to Turkey remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Euro to Turkish Lira money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Turkey.

Question 7

Step by step guide to send money from Bulgaria to Turkey

Accepted Answer

There are many important aspects of Bulgaria to Turkey remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Bulgaria bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include TRY bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Bulgaria.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Turkey to validate that they get the money once the transaction clears.

1 EUR	51.26 TRY
5 EUR	256.31 TRY
10 EUR	512.63 TRY
25 EUR	1,281.57 TRY
50 EUR	2,563.14 TRY
100 EUR	5,126.27 TRY
150 EUR	7,689.41 TRY
200 EUR	10,252.54 TRY
250 EUR	12,815.68 TRY
300 EUR	15,378.81 TRY
400 EUR	20,505.08 TRY
500 EUR	25,631.35 TRY
600 EUR	30,757.62 TRY
700 EUR	35,883.89 TRY
800 EUR	41,010.16 TRY
1000 EUR	51,262.70 TRY
1500 EUR	76,894.05 TRY
2000 EUR	102,525.40 TRY
2500 EUR	128,156.75 TRY
3000 EUR	153,788.10 TRY
4000 EUR	205,050.80 TRY
5000 EUR	256,313.50 TRY
10000 EUR	512,627.00 TRY
15000 EUR	768,940.50 TRY
20000 EUR	1,025,254.00 TRY
30000 EUR	1,537,881.00 TRY
40000 EUR	2,050,508.00 TRY
50000 EUR	2,563,135.00 TRY
100000 EUR	5,126,270.00 TRY

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