Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 96.4% of Canada to Turkey searches, and was the top rated company out of 7 that support CAD to TRY.
So for a great mix of cost, speed & features, make your Canada to Turkey transfer using Wise.
How to get the best deal on your Canada to Turkey transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Turkey.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Turkey
Don't settle for the first option. Always compare ways to send money from Canada to Turkey to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate between Canada and Turkey.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Turkey.
Cheapest way to send money to Turkey from Canada: XE
Data collected over the past six months shows that XE is 0.6% cheaper than the second-best option.
The $1.45 transfer cost represents the most common fee for CAD to TRY international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Turkey transfer, make sure you pick XE to send your money online.
*The most common fee applied to CAD-TRY by XE, based on data from the past six months.
Fastest way to send money from Canada to Turkey: Wise
Our data shows that Wise came up as the fastest way to send money from Canada to Turkey in 71% of searches. This makes them well suited to urgent CAD to TRY money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Turkey - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Turkey from Canada in 71% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Turkey, it’s the provider that will keep you safe and relaxed while your money moves into TRY.
Understanding the costs involved when moving money from Canada to Turkey
When calculating the costs of money transfers between Canada and Turkey, here's what really matters:
The Mid-Market Rate: Today, the CAD-TRY mid-market rate equals 23.67445 TRY per Canadian Dollar.
The CAD-TRY average exchange rate for the past three months has been 22.6825 TRY per Canadian Dollar, with a high of 23.8231 and a low of 20.9974.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to TRY.
How to find the best exchange rate for Canada to Turkey
Timing is essential for sending money between CAD and TRY. The exchange rate you secure impacts how much TRY you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to TRY has seen some fluctuation. On average, it stood at 22.6825.
During this period, the highest value recorded was 23.8231, while the lowest was 20.9974.
Wise, which is our recommended service to send money online from Canada to Turkey offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Turkish Lira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Turkey!
Payment methods available to fund your Canada to Turkey transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Turkey.
By using a money transfer company such as XE for transfers from Canada to Turkey, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, XE is the cheapest provider for bank transfers from the 7 we tested when sending CAD to Turkey.
With an average fee of CAD1.58 to send money from Canada to Turkey, XE offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Turkey with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Turkey, competing among a total of 7 active money transfer companies on this route.
When it comes to credit card transfers from Canada to Turkey, Wise emerges as our top choice of the 7 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Turkey and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Turkey.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to TRY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
