Question 1

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

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Cyprus to Turkey. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Euro to TRY.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send EUR to TRY in Turkey. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Turkey from Cyprus. We provide you with maximum choices to send money to Turkey by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best rate to transfer money to Turkey from Cyprus?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Turkey.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Cyprus to Turkey transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EUR to Turkish Lira money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way to send money from Cyprus to Turkey?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Turkey from Cyprus. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Turkey using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Turkish Lira foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Turkey exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Turkey from Cyprus.

Question 4

How to send money from Cyprus to Turkey through a bank?

Accepted Answer

Big banks in Cyprus are known to make a lot of money by charging high fees on Turkey money transfers from Cyprus. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a EUR to TRY exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Turkey. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Cyprus to Turkey. You work hard for your money, so you should also ensure you get the maximum yield when you send TRY overseas.

Question 5

What is the fastest way to do a money transfer to Turkey from Cyprus?

Accepted Answer

The speed of your Euro to Turkish Lira funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to TRY. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Turkey from Cyprus is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Turkey if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout TRY into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Cyprus bank to Turkey bank transfer.

Question 6

Which are the best money transfer companies to send money from Cyprus to Turkey?

Accepted Answer

Comparing money transfer companies for sending money to Turkey from Cyprus can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Turkey. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Euro to Turkish Lira transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Turkish Lira yield on every Euro that you send.

Question 7

Step by step guide to transfer money to Turkey from Cyprus

Accepted Answer

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Cyprus to Turkey, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Cyprus to Turkey that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
Provide information about the receiver - name, address and a bank account in Turkey where they can receive monies in Turkish Lira.
Then, provide details of your Cyprus bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your EUR travel to another part of the globe.

1 EUR	51.33 TRY
5 EUR	256.63 TRY
10 EUR	513.27 TRY
25 EUR	1,283.16 TRY
50 EUR	2,566.33 TRY
100 EUR	5,132.65 TRY
150 EUR	7,698.98 TRY
200 EUR	10,265.30 TRY
250 EUR	12,831.63 TRY
300 EUR	15,397.95 TRY
400 EUR	20,530.60 TRY
500 EUR	25,663.25 TRY
600 EUR	30,795.90 TRY
700 EUR	35,928.55 TRY
800 EUR	41,061.20 TRY
1000 EUR	51,326.50 TRY
1500 EUR	76,989.75 TRY
2000 EUR	102,653.00 TRY
2500 EUR	128,316.25 TRY
3000 EUR	153,979.50 TRY
4000 EUR	205,306.00 TRY
5000 EUR	256,632.50 TRY
10000 EUR	513,265.00 TRY
15000 EUR	769,897.50 TRY
20000 EUR	1,026,530.00 TRY
30000 EUR	1,539,795.00 TRY
40000 EUR	2,053,060.00 TRY
50000 EUR	2,566,325.00 TRY
100000 EUR	5,132,650.00 TRY

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