Remittance corridor · World Bank RPW · 2025Q1
Turkey → Bulgaria
What it really costs to send money from Turkey to Bulgaria, with the cheapest provider on record and the gap to the UN's 3% target.
- 41.6%
- Average cost
- 12.5%
- Cheapest · Turkey IS Bank via Western Union
- 5
- Providers tracked
The verdict
At 41.6%, this corridor costs more than most, only 2% of tracked corridors are pricier, but the cheapest provider charges just 12.5% - switching saves about $58.22 on every $200 sent.
- 41.6%
- average cost of a $200 transfer
- +34.9pp
- vs the 6.7% average of 322 corridors
- +38.6pp
- gap to the UN 3% target
- $699/yr
- saved by switching to the cheapest, 12 transfers
Compared against the 322 corridors we actually track, not a generic headline figure.
How Turkey → Bulgaria compares
Average cost of a $200 transfer, percent, lower is cheaper
41.63% average - 38.6pp above target
Cost trend: Turkey → Bulgaria
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Receiving Country
What the Turkey → Bulgaria Data Tells Us
Sending money from Turkey to Bulgaria currently costs an average of 41.63% of the transfer amount, according to World Bank Remittance Prices Worldwide (RPW) data as of 2025Q1. That is 34.9 percentage points above the 6.7% average of the 322 corridors we track, though still below the World Bank's reported global average of about 6.4%.
On the cheapest end of the market, Turkey IS Bank via Western Union delivers this corridor at 12.52% - the floor price a Turkey-based sender can realistically access today. The full panel includes 5 tracked providers.
Annual corridor volume is not separately reported for this route in the current release, but reducing transfer costs on any route translates directly into more money reaching recipient households. Costs on this route have risen sharply, up 3.19 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way.
Across the 36 quarters of World Bank RPW data on record for this corridor, the average cost has ranged from 2.2% to 49.1%, and 1 of those 36 quarters (3%) met the UN SDG 3% target outright.
Frequently Asked Questions
How much does it cost to send money from Turkey to Bulgaria?
The average cost to send money from Turkey to Bulgaria is 41.63% of the transfer amount, based on World Bank RPW data as of 2025Q1. The cheapest available option is 12.52% via Turkey IS Bank via Western Union. Costs are calculated as a percentage of a $200 transfer and include both service fees and exchange rate margins.
What is the cheapest way to send money from Turkey to Bulgaria?
Based on World Bank RPW data, the cheapest service for the Turkey to Bulgaria corridor charges 12.52% - currently Turkey IS Bank via Western Union. A total of 5 providers are tracked on this corridor. Always compare rates directly with providers before sending, as prices change frequently.
Is the Turkey to Bulgaria corridor meeting the UN SDG cost target?
Not yet. At 41.6%, this corridor sits 38.6 percentage points above the UN SDG 10.c target of 3% or below by 2030.
Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025) World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025)
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRemit is rendered directly from World Bank Remittance Prices Worldwide (RPW) data, no number is typed in by an editor. This page draws directly on World Bank Remittance Prices Worldwide (RPW) data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.