Sending country · World Bank RPW · TR

Send money from Turkey

Outbound average cost sits in the upper fleet tercile at 118.2% across 1 destination corridors - senders pay more than typical RPW-tracked markets.

118.2%
Avg outbound cost
13.2%
Cheapest · to Bulgaria
1
Destination corridor

Outbound-cost tercile vs fleet

Turkey posts a 118.2% average outbound cost, above the fleet upper tercile (~7.7%) - across 1 destination corridor. Cheapest tracked floor: 13.2% to Bulgaria.

#49 of 49
cost corpus rank (cheapest=#1)
118.2%
average outbound cost
13.2%
cheapest destination: Bulgaria
1
destination corridor tracked

All Corridors from Turkey

#ToAvg costCheapestCheapest provider
1Bulgaria118.2%13.2%MoneyGram

High outbound cost from Turkey

World Bank RPW tracks 1 outbound corridors from Turkey at an average 118.19% - above the fleet upper tercile (~7.7%). Senders here pay more than typical RPW markets, 111.8 pp above the ~6.4% global average.

The three cheapest outbound corridors from Turkey right now are Bulgaria at 13.20% via MoneyGram. These are floor prices on a $200 transfer from Turkey, fee plus FX margin.

On a high-cost send market, comparing the cheapest provider on the specific corridor matters more than picking a household brand - within-corridor price dispersion often exceeds the gap between the cheapest and dearest destinations.

About Turkey outbound 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 country'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. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.

Average outbound cost 118.19%; 1 destination corridor tracked from Turkey; vintage 2026-08-10.

Frequently Asked Questions

How much money does Turkey send in remittances each year?

Turkey has no positive WDI total_outflow in this build; RPW still quotes 1 outbound corridor at 118.19% average cost.

What are the cheapest countries to send money to from Turkey?

On World Bank RPW $200 sends, the cheapest outbound floors from Turkey are to Bulgaria, as low as 13.20%. Country average outbound cost is 118.19% (upper fleet tercile).

How have remittance costs from Turkey changed over time?

Turkey's current average outbound cost is 118.19%, above the fleet upper tercile (~7.7%) and 111.8 pp above the ~6.4% global RPW average. RPW has tracked this send market since 2011; UN SDG 10.c still targets ≤3% by 2030.

How do I compare money transfer services?

To compare money transfer services from Turkey, look at three factors: (1) total cost as a percentage of your transfer amount, including both the service fee and exchange rate margin, (2) delivery speed, and (3) payment and payout methods available in your destination country. World Bank RPW data, used here, standardizes costs as a percentage of a $200 transfer. Always verify current rates directly with providers before sending.

Where does Turkey sit among remittance-sending countries?

Among 49 tracked sending countries on PlainRemit with World Bank RPW cost data, Turkey ranks #49 of 49 by average outbound transfer cost (cheapest = #1). /send-from browses alphabetically; this cost ordinal is the analytical placement basis.

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.