Best Way to Send Money from Italy to Turkey
Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Which provider is cheapest to send money from Italy to Turkey in 2026?
Hover any card to see exactly what it costs you.
How has the EUR/TRY exchange rate changed recently?
vs Traditional Banks
You save up to TRY 3915
on a EUR 900 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending euros from Italy to Turkey is one of Europe's most active remittance corridors, but Italian banks still charge steep fees and poor exchange rates. In 2026, digital providers like Wise, Remitly, and Revolut offer a faster, cheaper alternative — often saving senders 3–8% per transfer compared to a traditional wire.
In Turkey, recipients can access funds directly at İş Bankası, the country's largest financial institution. By using Wise instead of a traditional bank wire, your recipient gets approximately 2,240 TRY more on a $1,000 transfer — because digital providers pass the real exchange rate directly. Worth knowing about the local currency: every Turkish lira note carries Mustafa Kemal Atatürk's portrait — a legal requirement since 1927, making him the world's longest-running face on a currency.
Our verdict: Use Wise for the closest rate to mid-market on most transfer sizes, set a rate alert before you send, and deliver directly to your recipient's Ziraat Bankası or İş Bankası account.
Why send money from Italy to Turkey with a digital provider in 2026?
The Italy-to-Turkey corridor is one of the busiest remittance routes in Europe, driven by a large Turkish diaspora community living and working in cities like Milan, Rome, and Turin. Whether you are supporting family back home, paying for property, or covering business expenses, the way you send your euros makes a real difference to how many lira arrive on the other side. Italian banks can charge upfront fees of €20–40 per transfer on top of a poor exchange rate. Digital providers have dismantled that model, offering near-mid-market rates and flat fees that can save you hundreds of euros over the course of a year.
What are the transfer fees from Italy to Turkey in 2026?
Every provider has two levers for charging you: a flat transfer fee and an exchange rate markup. Banks typically embed a 3–5% markup into the EUR/TRY rate and then add a wire fee on top — meaning you may never see the full cost on your statement. Digital providers are more transparent. Wise charges a percentage-based fee (typically 0.5–1.2% of the amount sent) and uses the mid-market rate with no markup. Remitly and WorldRemit sometimes offer a lower flat fee but apply a small rate margin of around 1–2%. To find the real cost, always multiply the amount you are sending by the difference between the mid-market rate and the provider's quoted rate, then add any flat fee.
Which provider offers the best EUR to TRY exchange rate?
For most senders, Wise consistently delivers the closest rate to the mid-market benchmark, making it the strongest choice for larger amounts where the percentage difference matters most. Remitly is competitive for smaller transfers, especially if you use its Express service and the promo rate offered to first-time users. Revolut users can convert EUR to TRY at the interbank rate during market hours with no markup, which is excellent if you already hold an account. WorldRemit rounds out the major options and works well when cash pickup is needed. All of these options can save you 3–8% compared to a traditional Italian bank transfer — on a €2,000 transfer, that gap can easily exceed €100.
How long does it take to send money from Italy to Turkey?
Speed depends on the delivery method and the provider you choose. Wise typically delivers EUR-to-TRY bank transfers within a few hours to one business day. Remitly's Express option is often instant or under two hours for bank deposits; its Economy option takes one to three business days at a slightly lower fee. WorldRemit bank transfers generally land within one business day. If you need money there urgently, pay for the faster tier — the fee difference is usually small. For routine transfers, the economy option is perfectly reliable and saves a little extra.
Where does the money land in Turkey?
Most digital providers support direct delivery to Turkish bank accounts, and the two largest receiving banks — Ziraat Bankası and İş Bankası — are supported by every major platform. Your recipient simply provides their IBAN, and funds arrive directly into their account. Some providers also support mobile wallet delivery, and Remitly offers cash pickup through a network of Turkish agents for recipients without a bank account. One critical factor to plan around: Turkey's persistently high inflation means the Turkish Lira can depreciate rapidly, sometimes losing several percent of its value within weeks. If you are sending a large sum or making a regular commitment, use a provider that offers rate alerts so you can move money when the EUR/TRY rate is in your favour.
What taxes or regulations apply to EUR to TRY transfers?
Standard banking regulations apply when sending money from Italy to Turkey. As an EU country, Italy follows Anti-Money Laundering directives, meaning providers will ask you to verify your identity before processing larger transfers. There is no Italian exit tax on personal remittances. On the Turkish side, recipients do not pay income tax on money received from abroad, though very large transfers may attract questions from Turkish banking authorities as part of routine compliance checks. Keep records of transfers — a bank statement or provider receipt — in case any documentation is ever requested.
What is the best time to send EUR to Turkey to get the best rate?
EUR/TRY is an active currency pair that moves throughout the trading day. Rates are generally more stable during European morning hours when both markets are open and liquidity is high. Avoid sending immediately after major Turkish economic announcements or central bank decisions, as volatility can spike sharply. Set up a rate alert on Wise or Remitly to be notified when the exchange rate hits a target you are comfortable with — this costs nothing and can add meaningful lira to your recipient's account. If you send regularly, consider splitting larger amounts into two or three transfers spaced across a week rather than converting everything in one go, which reduces your exposure to a single unfavourable rate moment.