How to Send Money to Turkey from Sweden?

Hello! Sweden is one of the richest countries in the world. There are many Turkish Citizens working or studying in Sweden. There are also various commercial relations between Sweden and Turkey. That’s why it’s very important that we know how to send money from Sweden to Turkey.

Today, I will tell you one by one the fastest and cheapest methods of money transfer from Sweden to Turkey with my own experience as someone who has lived in Europe for 1 year. I will also tell you the best way to transfer money to Turkey.

Transferring Money From the Sweden to Turkey

Sending money from Sweden to Turkey does not involve anything special in general terms. If you are making a bank transfer in your normal life, sending money to another country is not too different from this. The only difference is that there are different options in between. You may also have to pay additional fees. So now let’s examine them one by one and find the most suitable and best way for ourselves.

1. by Using Online Money Transfer & Step by Step

One of the best ways to send money from Sweden to Turkey would be to use online money transfer companies. Instead of explaining these companies individually, I will talk about them together, because they all work with the same working system.

The biggest advantage of sending with online transfer companies is that you can send money instantly and the transfer fees are relatively cheaper than the other options. You will also have the opportunity to send money directly from Swedish Krona to Turkish Lira.

How to send money to Turkey in 4 simple steps?

• Login to the site and register,
• Enter the information of the account you will send to,
• Make your payment to this company,
• They transferred the money on your behalf quickly!

Transfer Wise ( Wise )

Wise is one of the most preferred companies in international money transfer area. It can make instant money transfers very quickly. Money transfer fees are quite cheaper than others. They also have agreements with some banks in Turkey.

Western Union

Another well-known company in this area is Western Union, transfer charges may be a little more expensive than Wise. They can transfer your money quickly on same day. Other companies;

• Transfer Go,
• Money Gram,
• ParaGonder.com,
• PTT (UPT) Service

2. by Bank Transfer (Swift to IBAN)

If you have a bank account in Sweden, you can easily make a swift transaction from the online transaction section of your bank. It is a bank transfer made in the different currencies we call Swift. So the name is cool like that but what we’re doing is just a standart bank transfer.

Money transfer takes an average of 1-3 business days in swift transactions. Depending on the bank you will use in Sweden, you will need to pay an average swift fee of 15-30 euros. You need the receivers IBAN number when making the Swift transaction. Additionaly, Swift code, also called BIC code, is required for this transfer. This code is determined according to the bank where the receiver has an account, you can think of it as the way the money will go.

BIC (Swift) Codes of Banks in Turkey;

Ziraat Bank: TCZBTR2A, Vakifbank: TVBATR2A, Halkbank: TRHBTR2A, Akbank: AKBKTRIS, Turkish Is Bank: ISBKTRIS, Yapi Kredi Bank: YAPITRISXXX, Denizbank: DENITRIS, Garanti BBVA: TGBATRIS, QNB Finansbank: FNNBTRIS, ING Bank: INGBTRIS

3. Carrying Money from Sweden to Turkey

Turkey is a little far from Sweden ? but still, if you already have a plane ticket to Turkey and you are going to go, you can transfer money by carrying cash with you. In this way, you will be able to transfer money from Sweden to Turkey free of charge.

If you are going to carry money in this way, there is a maximum limit of 10,000 euros. For more amounts, you must declare your money the customs officers at the airport.

4. Transferring Money from Sweden to Turkey with Cryptocurrency

We can also use cryptocurrencies, which we have heard frequently recently, to transfer money from Sweden to Turkey. It is possible to send money easily with Bitcoin, Dogecoin, Ripple and more.

Cryptocurrency transactions are a popular payment system in the world with their instantaneous speed and low commission fees. However, I strongly request you to use legal and safe companies in accordance with EU and Turkish laws while doing this.

Fees & Charges for Sending Money

Bank Transfer (Swift) Fees: Pricing will vary depending on the bank you will use in Sweden, but will be between 15-50 euros on average. Banking fees in Sweden may be slightly higher than in Turkey.

Fees of Online Money Transfer: It is usually the cheapest way to send money. On average, you need to pay a fee of between 5-20 euros.

Cryptocurrency Transfer Fee: You may need to pay a change commission of around 1-2% in cryptocurrencies. Apart from this, there will be options where you will not have to pay a fee for transferring money. But security also has a risk.

What is the Best Way to Send Money from Sweden to Turkey?

Best Way to Send Money: Using online transfer companies or bank swift.

Cheapest Way to Send Money: Using online transfer companies.

The Fastest Way to Send Money: Using online transfer companies.

How can I send money from Turkey to Sweden?

Money transfer from Turkey to Sweden does not involve a different ritual. You can also consider the options in this article in the opposite direction. Also, if you have any questions, please ask me in the section below.

FAQs About Transferring Money to Turkey

How Long Does it Take to Transfer Money from Sweden to Turkey?

This process takes 1-3 business days on average,at least that’s the case with Swifts. However, you have options where you can send instantaneously on the Internet in a very short time.

Can I Send Money From Swedish Krona (SEK) Account to TRY (Turkish Lira) Account?

With online transfer companies, it is possible to send money from any currency to any currency. You can also consider sending in euros.

What is Required to Send Money?

To send money, you need to know the receivers IBAN number, swift code and name. It is also important that you have a bank account.

That’s all I have to say about sending money from Sweden to Turkey. If you have any questions, please do not hesitate to ask, I will answer! Do not forget that what I write here is advice and information, be careful, I wish you all a nice day, read my other articles and explore the world.

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