Want to wire money to Turkey? Thinking about a bank wire to send the money to Turkey? Before you go your bank to do it, make sure you check the wire transfer fees. It may come as a shock as to how much the costs will be and depending on the amount, it might be better to forward the money by other methods.
What makes worse is in addition to your bank charging a fee for sending the money to a bank in Turkey, the individual receiving the transfer of funds will most likely be charged a fee from their bank. A way to reduce the possibility of the fee is to remit the international wire transfer in their local currency.
To initiate a bank wire transfer to Turkey, you might need a SWIFT code. These are different codes for each bank and based on a number of things including the country and individual bank.
Bank wire details for Turkey
- Country – Turkey
- SWIFT Country Code – TR
- Central Bank Name – Central Bank of the Republic of Turkey
- Currency – Turkish Lira
- Currency Code – TRY