Remittance corridor · World Bank RPW · 2025Q3

Turkey → Bulgaria

Average cost sits in the upper fleet tercile at 118.2% on this Turkey → Bulgaria route - senders pay more than typical RPW-tracked corridors.

118.2%
Average cost
13.2%
Cheapest · MoneyGram
9
Providers tracked

How the 118.2% average cost breaks down

World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2025Q3 figures as the detail table below.

Corridor-cost tercile vs fleet

Turkey → Bulgaria posts 118.2% average cost, above the fleet upper tercile (~6.6%), ranking #348 of 348. Cheapest tracked floor: 13.2% via MoneyGram.

#348 of 348
cheapest-cost corpus rank
118.2%
average cost of a $200 transfer
+110.9pp
vs the 7.3% average of 348 corridors
+115.2pp
gap to the UN 3% target

Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.

F
Corridor Value Score
21/100
Turkey to Bulgaria

Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.

Cost F
118.19%
Average total cost, sending $200-equivalent
Speed F
1.3 days
Average delivery time, latest quarter
FX transparency D
1.99%
Exchange-rate margin above the mid-market rate
Competition B-
9 providers
Number of providers actively quoting this corridor
Cost trend F
+13.86pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 104.33% to 118.19% (+13.86 percentage points).
  • Lowest observed transfer cost changed from 12.52% to 13.20% (+0.68 percentage points).
  • Providers recorded by the source changed from 8 to 9 (+1 provider).
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Where this corridor sits by provider panel size

Turkey → Bulgaria has 9 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Turkey → Bulgaria vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

9 138th of 377 higher than 239 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Turkey → Bulgaria compares

Average cost of a $200 transfer, percent, lower is cheaper

Turkey → Bulgaria118.19%Cheapest provider13.2%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q3

SDG 10.c progress (target: 3%) 0.0%
Cheapest

118.19% average - 115.2pp above target

Cost trend: Turkey → Bulgaria

Average and cheapest cost of a $200 transfer over time, percent

0%50%100%150% 2016Q22017Q32018Q42020Q12021Q22022Q32023Q42025Q12025Q3 118%13.2% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q3

Sending Country

Turkey
Europe & Central Asia
118.19%
Avg outbound cost
0
All corridors from Turkey →

Receiving Country

Bulgaria
Europe & Central Asia
33.06%
Avg inbound cost
$2.8B
Total remittances received
All corridors to Bulgaria →

World Bank RPW fee spread

Release 2025Q3 TR→BG

118.2% avg · 13.2% floor · 104.99pp spread on $200

  • AVG 118.2%
  • CHEAP 13.2%
  • SPREAD 104.99pp
  • SDG +115.2pp
  • RANK #348 of 348
  • REL 2025Q3
  • PANEL 9
Tanzania→Uganda62.68%Tanzania→Kenya59.99%France→Algeria45.13%Turkey→Bulgaria (this)118.19%
Cross-sender corridors nearest Turkey → Bulgaria by average RPW cost (2025Q3)

Fee spread manifest for Turkey → Bulgaria: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

High transfer cost on Turkey → Bulgaria

World Bank RPW prices Turkey → Bulgaria at 118.19% (2025Q3) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 111.8 pp above the ~6.4% global average.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 9 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs on this route have risen sharply, up 13.86 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way. Across 37 quarters on record, average cost ranged 2.2%–118.2%, with 1 quarter at or under the UN 3% target. It sits 115.2 pp above the UN SDG 10.c 3% target.

About Turkey → Bulgaria data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 118.19%; cheapest observed 13.20% via MoneyGram; 9 providers tracked across 37 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from Turkey to Bulgaria?

Average 118.19% of the transfer amount (World Bank RPW, 2025Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 13.20% via MoneyGram.

What is the cheapest way to send money from Turkey to Bulgaria?

Lowest RPW survey quote: 13.20% (MoneyGram). Panel is high-tercile with 9 providers tracked.

Is the Turkey to Bulgaria corridor meeting the UN SDG cost target?

Not yet: 118.2% is 115.2pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Where does Turkey → Bulgaria sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Turkey → Bulgaria ranks #348 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.